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Victoria dominates list of affordable property investment opportunities

A new report has highlighted the top 10 suburbs for buyers on average salaries in Australia, with Victoria dominating the list, taking seven of the ten spots.

Pitts S-1T aerobatic biplane VH-EXO flying at low level during an aerobatics routine in Tyabb.
Tyabb on the Mornington Pensinsula is home to the biennial Tyabb Air Show, and is taking off as a unit investment opportunity

Over the last two years, Australia’s property market has seen unprecedented price hikes for both renters and aspiring buyers.

HOOD.ai’s Buy or Rent on a Budget Report has highlighted the top 10 suburbs for buyers on average salaries in Australia, with Victoria dominating the list, taking seven of the ten spots.

According to the report, the median sale prices for the top ten suburbs range from $460,000 to $500,000, with Tyabb in Victoria havin…