It’s never too late to invest in the Australian property market. There is a growth in property market of Melbourne and it is expected to outdo that of Sydney in the near future. The secret is knowing which market to pick and which one to avoid.
There are several reasons for the boom in Australian investment (especially in Melbourne):
- High migration rate interstate as well as international.
- A large number of tourists, migrant investors, and developers.
- Melbourne is the second largest city.
- It has been ranked as the world’s most livable city for 7 years.
- The culturally diverse and creative city.
- It is a well-planned city as well.