Potential sea changers warned to look out for poor performing beach houses
Potential sea changers should be on alert for any poorly built or poorly performing properties that hit the market in coming months, amid skyrocketing interest in buying property in Australia’s favourite holiday destinations.
Be warned of bargains that look too good to be true and think carefully about long-term work arrangements when dreaming of a post-covid lifestyle change, buyers agents say. Read More
Where to buy in Melbourne without having to pay a top price tag
Sea changers wanting to “try before they buy” have driven double-digit growth in rental values across the Mornington Peninsula and southeast.
Beachside suburbs make up all 10 Melbourne suburbs with the highest annual increases in rents in the house market in 2020, according to property data firm CoreLogic.
Blairgowrie and Bonbeach tied for the No. 1 spot, with their median weekly rental values rising 10.8 per cent to $526 and $578 respectively in the year to September 30. Read More