The Using Super to Buy Investment Property in Melbourne are a great option for investors looking to get into the Australian property market. The city has a good mix of house and apartment-type properties. It also has a variety of suburbs to choose from. These suburbs vary in price and have different rental yields. The suburbs with a high rental demand are likely to be better investments.

However, the inner-city property market has been slow to recover since the coronavirus lockdowns. Investors have been reluctant to put money into the market as they fear it could decline further. This has been compounded by rising interest rates and lower household incomes.

As a result, rents have grown quickly and vacancy rates have fallen. This has led to higher investment yields, as shown in the graph below from SQM Research. As a result, some investors have been making good returns on their Melbourne properties.

Smart Moves: How to Strategically Buy Investment Properties in Melbourne’s Market

With more people looking for a place to live, demand for apartments has increased and prices have risen. However, the market is still influenced by affordability constraints, and this is expected to remain the case into 2023.

Buying a property that is well-positioned and close to amenities will help to increase the chances of getting a tenant quickly and boost your rental return. In addition, buyers should consider the type of tenant they are targeting. For example, family-friendly apartments in low-rise developments located in lifestyle suburbs are proving to be very popular with families and downsizers looking for an affordable option. These are likely to outperform higher-rise apartments in the same suburbs.