4 Reasons Why You Should Buy In Melbourne In 2024.

1. Melbourne property pricing is expected to recover in 2024

Melbourne housing market prices are currently approaching bottom. Along with already rising Sydney property market, house prices are expected to recover and start rising again this year. Be early in the market, take your time to choose properties for reasonable price before the market overheats.

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2. Steady growth rate of more than 8% per year.

Melbourne's housing market has always followed Sydney's lead in steady growth. House prices in Melbourne have increased by an average of 8.1% per year over the past 25 years (From 1993 to 2018). This is why you should invest in Melbourne, a predictable and stable housing market. Property investment is not gambling. With a low-risk, stable growth, you can achieve steady long-term growth.

3. Affordability - Bigger market than Sydney, cheaper than Brisbane.

Melbourne is experiencing a steady influx of middle-class immigrants, which is driving the demand for housing. According to recent projections, the population in Melbourne is expected to grow by 1.1 million between 2021 and 2023. This presents a great opportunity for property investors in 2024.

4. Population is expected to grow to 6million by 2030.

Melbourne is experiencing a steady influx of middle-class immigrants, which is driving the demand for housing. According to recent projections, the population in Melbourne is expected to grow by 1.1 million between 2021 and 2023. This presents a great opportunity for property investors in 2024.