There’s no denying Melbourne’s reputation as the Most Liveable City in the World. Bestowed on this beautiful city four times, this ranking holds merit, evidenced by the population growth over the years. What was once a backwater town has boomed into a world class city.
And there’s no stopping this growth, by the looks of it: Melbourne is slated to overtake Sydney as the biggest city in Australia in the near future. What does this mean and what solutions are being explored to accommodate such growth?
7 News highlights this in their special two-part report:
Part 1: 7 News | The Changing Face of Melbourne
Part 2: 7 News | The Changing Face of Melbourne
An increased population will lead to a continual sprawl in the city and drive the demand for housing. And as migrants continue to move into Melbourne, there will be a greater need for rental accommodation.
Timing is just as important as location and other factors when it comes to investment. Are you now thinking of exploring options in Australia?
Need advice? Call 016-228 9150 or 016-228 8691 to arrange for free consultation at your convenience.
CSI Prop promotes international investment property to investors in Malaysia and Singapore. Our portfolio comprises residential property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts.
Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.
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