Regional Victoria offers investment alternative amid tax changes
As property investors shy away from Melbourne in response to a string of property-related tax reforms, some regional Victorian hotspots still offer great rent yields and capital growth opportunities for real estate investors.
Rapid population growth has seen Geelong's median dwelling values rise by 6.25 per cent. (Image source: Shutterstock.com)
Property investors are increasingly wary of investing in Victoria due to the recent Government policy changes towards short-stay accommodation as well as changes to the land tax thresholds impacting investors profitability and cashflow.
After being overtaken by Brisbane, Melbourne is now the third most expensive city when it comes to real estate in Australia.
Victoria has a diverse property market in addition to Melbourne, which has a median prop…
