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Property Update

September 13, 2024| admin| 0 Comments| 12:15 pm

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Investment Property

Geelong Property Market Update September 2024

Geelong presents well for Investors

Strong and continued population growth at average 3% per annum

Geelong requires 5,000 new homes per annum to keep up with growing demand

Current titled stock available is exceptionally limited

Untitled stock minimum 12 months out, then 24 months and hope more comes to market after that

Strong and growing demand for property PLUS low supply = Capital Growth Potential

Strong and growing demand for Rental Properties should result in increasing rental yields

See our latest video explainer here, originally compiled by major land suppliers in Geelong at a seminar in August 2024, and summarised for your convenience.

How well is Geelong Presenting to Investors now ?

Tags: Investment Property

HomeBuilderHomeBuilder

Federal Government Extends HomeBuilder program for another 3 months The HomeBuilder grant has been extended until 31 st March 2021 Contracts now signed between January and March next year will

Melbourne Price Growth Strongest in Four years !Melbourne Price Growth Strongest in Four years !

Median House Price in Melbourne hits record breaking high of $830,000 REIV “Melbourne’s median house price smashing through the $800,000 barrier for the first time” Melbourne continues to have

First Home Loan Deposit SchemeFirst Home Loan Deposit Scheme

How does the First Home Loan Deposit Scheme work? The Australian Government new initiative to give first home buyers an improved opportunity of buying their first property is due to

FACT : Parts of Vic are undergoing continued growth on the back of the strong and planned for Melbourne Population Growth & Infrastructure Investment.

The very high migration and immigration into Victoria means Melbourne is one of Australia’s fastest growing cities.

This growth is resulting in billions of dollars of infrastructure investment into road and rail infrastructure, schools, employment hubs, hospitals etc.

Increased Government and Industry investment is crating new jobs and the ongoing increasing demand for property in Melbourne and outer Melbourne continues to strengthen unabated.

Supply of dwellings can’t keep up … can you chose to ignore this opportunity? You may be aware that dwelling approvals are also at a low leading to a potential shortage on the back of a rising demand.

Your Investment Property opportunity is now!