What are the pros and cons of investing in a commercial property?
What are the pros and cons of investing in a commercial property? Read on to learn more. ...
The highest capital growth in the Melbourne market was created by three-bedroom homes in the inner and middle suburbs, new data from the REIV shows.
The REIV analysis separates sales results across Melbourne into two-, three- and four-bedroom homes and one-, two- and three-bedroom units.
Of all housing types, three-bedroom houses recorded the strongest capital growth over the three months to June.
The best suburbs for four-bedroom homes were, where this product grew by six per cent, and , which recorded 5.4 per cent growth.
By contrast, the strongest rises for two-bedroom homes were just 3.6 per cent in Coburg.and 3.4 per cent in
In the unit sector, one-bedroom apartments in St Kilda East performed the best, rising by 7.5 per cent.
However, one-bedroom units recorded weak growth elsewhere in the city – the second best performer, Melbourne’s CBD, experienced an increase of just 2.4 per cent.