Melbourne
On arrival, the first thing that should be on one's list is food and wine. The city is truly awash with every taste for diverse palates and one can find as many different cuisines and tastes as one's curiosity can muster.
Within the CBD one will find a large number of laneway eateries, cafes, bistros, restaurants and bars. For the slightly more intrepid, venturing out of the CBD will reveal the various specialist eating destinations outlying the city.
Here one can find Vietnamese, Chinese, Indian, Spanish, Lebanese and Italian cuisine. After a well-deserved meal, shopping may take up a lazy afternoon walk in the CBD. Here will find designer shops, arcades, lane way shops and far more. Taking in the city while you're at it may even be a great idea. Moreover, Melbourne markets, bazaars, Bridge Road and GPO shopping districts are great places to find matchless souvenirs and bargains.
Art and culture are other sights and sounds to take in while in Melbourne. Find out why Melbourne has been named a UNESCO city of literature - visit the
comedy festival, visit the Koorie Heritage Trust, or take a walk down history while exploring the actual immigration tales of the first settlers in the city.
Melbourne has a number of major events that happen every year and depending on one's time in the city, one can catch one or more of these. The Melbourne International Comedy Festival takes place in April and features some of the worlds top comics. Other events include horse racing derbies, art and cultural exhibitions, food and wine events, multicultural events and major sporting events such as the Grand Prix and Australian Open.
For rest and relaxation and some serious pampering, Melbourne is home to world-class spas, hot springs, luxury hotels and hot springs. Some of the spa areas to visit include the Daylesford and the mountains of Macedonia, Mornington Peninsula, Yarra Valley, Dandenong Ranges, High Country, Great Ocean Road and Victoria regions. All these regions have dozens of springs and each gender of a luxurious spa treatment may be the desire.
Real Estate Melbourne
If you are looking to buy a new property in Melbourne Australia, APG can help you with that.
We are specialists in:
- New Apartments for sale in Melbourne
- New Townhouses for sale in Melbourne
- New Houses for sale in Melbourne
- New land for sale in Melbourne
- & House and land packages for sale in Melbourne and surrounding suburbs.
Melbourne Property Market
Melbourne is currently the second largest housing market in Australia.
At the end of 2016, the Median house price in Melbourne was approximately $740,000 and there has been median sale price growth of 7.4% over the last 12 months. The median price for apartments in Melbourne is approximately $545,500.
The history of median house prices in Melbourne is:
1976 - $32,900 I 1986 - $82,000 I 1996 - $131,000 I 2006 - $373,000 I 2016 - $740,000
Therefore, the median house price growth per decade for Melbourne is:
- 1976-86 = 249% increase
- 1986-96 = 159% increase
- 1996-06 = 284% increase
- 2006-16 = 198% increase
Creating a 40-year average house price increase of 222% per decade or 22% per annum.
Last year the Australian Bureau of Statistics (ABS) released its annual regional population growth figures for the 2014-15 financial year. As far as capital city regions go, the data showed that population growth in Melbourne is booming and Melbourne is set to overtake Sydney's population by 2050.
When this happens, this will make Melbourne the Largest capital city, by population, in Australia. As population growth drives real estate development, demand and pricing, this is good news for Melbourne property investors.
