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Investment Destination of the Week: Melbourne

Ask anyone in Australia to nominate the two cities in Australia that have provided the foundations for property price growth and the answer you will get the most are: Melbourne and Sydney.

In our current times, Melbourne is looking more appealing than ever before due to its superior value for money and being named as the world’s most liveable city for the past six years by Global Liveability Ranking.

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Investing in the resilient Brisbane property market

According to CoreLogic, median property values (for houses and apartments) along the Brisbane to Gold Coast corridor rose by 5.7% to $482,000 in FY2016, compared to 3.5% growth in FY2015 and 6.7% in FY2014.

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Property Investment in the South Coast

For property investors who are looking at Sydney, now is an excellent time to be considering available options on the south coast. According to the Regional Market Update provided by CoreLogic, regional hubs on the south coast Wollongong and Shellharbour have recorded price growth that has been predominantly driven by Sydneysiders who are relocating to the south coast.
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