Melbourne's three best - and worst - investment suburbs
The data has been crunched and the results are in - revealed are the top three property investment prospects in Melbourne, the three suburbs investors should be watching that are benefiting from rail network expansion, as well as the three suburbs best avoided.
Altona Meadows, inland of Altona (pictured), has been identified as a Melbourne investment hotspot for 2024. (Image source: Fabian Rodriguez/Shutterstock)
Melbourne’s property market has underperformed compared to other Australian cities.
Continued high levels of international immigration, however, are fuelling speculation that increased population pressures could put upward pressure on prices in the Victorian capital
.API Magazine columnist and property data specialist Kent Lardner said analysis of a range of factors vital to a successful real estate investment had revealed the top three suburbs…
