Investing in Melbourne - Is it an opportunity OR a dud idea?

[@TrangNguyen-ne6qs]

thanks Dan Andrews

[@denistepavac2365]

Melbourne is going to continue to remain flat until all the investors, who do not want to accept the cost settings (tax, duties, regulations) sell or washout. This is likely to take another 6-12 months. After which the full force of the last few years, rent increases, wage increase population increases and most importantly rate cuts land, after which Melbourne is going to rise very rapidly. If I was to guess 25-30% over the next five years would not be surprising.

[@user-th8fn5kv6i]

Thanks @denistepavac2365
Agreed that fringe investors are exiting the Melb market. As one of the poorest performing markets in the country, it present opportunity. Will you be too early to wrong to invest in Melb - only time will tell. The rate cut effect will be interesting to see as borrowing capacity's increase across the country.

[@safiaislam-123]

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