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3 Reasons Why Investors Love Melbourne

Melbourne is consistently ranked as the world’s most liveable city, and growth is excepted to double by 2031. With these factors alone, it has a clear path to soon being Australia’s biggest city. Considering investing in Melbourne has a few key advantages, and our Senior Buyers Agent Mark Ribarsky gives us 3 reasons why Melbourne should be high on your consideration list for investment.

 

As mentioned, the growth corridor in Melbourne is huge. If the trends continue as projected, the population could exceed Sydney’s title of largest city by 2030. The classic supply and demand balance comes into place, and if you have the supply, be sure there will be demand! By taking advantage of the low interest rates, you could be the proud owner of a stable investment for many years to come.

 

Established track record

Melbourne is renowned for its highly skilled workforce population, sound infrastructure and deep local culture. With world-class teaching hospitals and universities, it witnesses an influx of students who settle temporarily while upskilling. While it isn’t a new trend, the presence of prestigious tertiary education facilities likes Monash University, and University of Melbourne will contribute to the increase in demand for rental properties in and around Melbourne.

 

Preferred business destination

Talented employees attract talented employers. In the last decade alone, six of the top ten, and twenty nine of the top hundred Australian companies have bought their company headquarters to Melbourne. Some examples of Victorian-based companies is BHPBillition, ANZ, NAB, Telstra and Computershare, who are all leaders in their respective fields. The economic boom in Melbourne means that people are moving to Melbourne from interstate, as well as internationally in order to secure jobs at these respected companies

For an obligation-free conversation, contact Wise Realestate Advice on 1300 009 473 to discuss how their buyer advocates and property managers can turn your property goals property success.

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    Hari Krishnan
    Hari Krishnan

    5 out of 5 stars

    posted 1 week ago

    I found Mark through Google!!!.
    Since my first meeting I felt so confident in Mark's ability and experience in being able to deliver a great result. I was very much impressed with Mark's service as he made the whole process easier and stress free!!!!

    I am really happy because I bought exactly what I was looking for and it was well under my top budget. Most importantly We did it within few weeks.

    Since day one Mark was very pro-active.

     Mark emailed multiple properties every week within my search parameters and wish list.
     Mark allowed me to be involved as much as I wished.
     Mark inspected the properties I liked.
     Mark explained the positives and negatives about each property.
     Mark held a pre-auction meeting and attended the auction
     Mark's strategies and suggestions like where he’ll stand during the auction, how he’ll handle the negotiation etc. etc. and through to the final shaking of hands inside the house all played out in a positive way.

    Thank you Mark for all your work in getting me the right house for the right price!

    I highly recommend Mark for everybody who wants to find a good place to live or invest.

    Many, many, many thanks!

    Ken Stewart
    Ken Stewart

    5 out of 5 stars

    posted 4 months ago

    Mark was personally recommended to me as someone who could be of real help in appraising my property of interest and subsequently representing me at auction.
    He made time to meet for an initial chat over coffee. I was immediately impressed and relaxed with his easy and honest nature, as well as his willingness to listen to my needs.
    A genuinely nice bloke... well experienced in the RE scene, totally committed to helping his clients.... all in all, a very worthwhile experience.