Display homes provide a unique, lucrative investment opportunity
The Victorian property market is widely tipped to improve greatly in 2024 and beyond, with one particular asset type that investors have largely overlooked offering strong, secure returns, says Rob Bird, Executive General Manager, ABN Group Victoria.
Secure returns of up to 7 per cent can be attained, along with an array of other benefits, when investing in display homes. (Image source: ABN Group Victoria)
Investors looking for quick returns in the Victorian property market have, of late, been largely disappointed.
There is no question Victoria, and particularly Melbourne, has faced challenges from an investor standpoint over the past few years. Extended lockdowns through Covid, rising interest rates, supply chain shortages and consumer confidence, among many other factors, played a role in limiting property value growth through 2023 and early 2024…
