House and Land Packages | Melbourne and Victoria

House and Land Packages – Melbourne

House and Land Suburbs in Victoria include :

Tarneit,    Cranbourne,    Glenroy,    Pascoevale,    Sydneham,    Mernda,   Greenvale,   Melton,   Wallan,

Campbellfield,    Craigieburn,    Langwarren,    Wyndham,    Point Cook,   Keysborough,   Wyndham Vale, Doreen,    Epping,    Pakenham,    Officer,   

Packenham,   Clyde,    Sandhurst,    Woodlands,    Woodend,    Keilor,    Mt. Martha,    Mount Martha,    Coburg,    Keilor Downs, Greenvale

 

Priced from Mid $300,000 for a 2 bed upwards!

House and Land Packages for Owner occupied and Investment Property

Why Melbourne :

High migration and immigration into a very fast growing first world city being Melbourne has put upward pricing pressure on Inner City and Fringe suburbs making the 8 – 10km radius of Melbourne unaffordable to most owner occupiers.

Second main reason is that Melbourne is becoming a Higher Density City – destined to grow larger than the metropolis of Sydney! A large percentage of the population simply do not enjoy High Density Living and choose to move further out into the suburbs to achieve the Lifestyle they want to live.

If you cannot afford to buy in the inner suburbs and you cannot afford to rent the size home you want, living in the outer fringes in a house the size you want and are accustomed to at a rent you are only too happy to pay for … suddenly makes sense!

Another reason is that when the inner city fringes become unaffordable, this inner city capital growth soon spreads to suburbs bordering the fringe and to the next suburb and the next as the Inner Fringes continue to grow in value.

There is an incredibly high demand for dwellings in Melbourne which has been made worse by an undersupply of new property into the market. This high demand has ensured that property prices remain strong both in the inner fringes and also in the new growth corridors.

Once public transport and infrastructure improves in the outer fringes, the value of these properties will escalate as government investment into the infrastructure improves : Public Transport, Hospitals, Schools, Jobs, Shopping, Entertainment etc.

Melbourne continues to Increase in Population and according to Melbourne 2020 programme, Melbourne will have grown by another 1,000,000 residents by the year 2020. By the year 2030 by several more million! These new residents have to live somewhere. Their affordability will dictate where!

What will this increase in population alone do to the value of Property in the inner fringes and other suburbs??

Current rental income in most House and Land Investment property is around 4.5% to 5%

Melbourne Capital Growth on average is around % per anum

 

Comments or questions are welcome.

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