While much of the buying activity has been on Melbourne's outskirts, there has also been considerable price growth in high-end near-city locations. Photo: Shutterstock
Investors eye outer Melbourne as market heats up
As Melbourne property prices take off and auction clearance rates break records, investors are predominantly turning to the outer suburbs for higher rent yields and growth prospects.
Outer suburbs are proving to be the most attractive areas of Melbourne for investors and owner-occupiers alike, whil…