Real Estate Victoria - Property Victoria

Real Estate Victoria

While the latest REIV house price data held little good news for Melbourne homeowners, it certainly presented great news to property buyers.

Although investors may be tempted to consider the current market wind down as an opportunity to purchase yesterday's illusive good buy, experts advise not to get trapped in a bargain hunting blunder. Melbourne property investors need to think about the fundamentals of property investments before plunging into any suburb - under valued or otherwise.

Like any real estate investment, locating and purchasing the right property in the right suburb requires careful consideration and research. Buyers should look for suburbs that have strong positive attributes. For example overall appeal, good public transport, good schools, shops, close to arterials and above all, invest in areas that are consistently showing a growth in population.

1. Melbourne Property Buyers
2. REIV Reports
3. Melbourne’s Better Performing Suburbs