Melbourne's real estate market is beginning to explode, presenting a wonderful opportunity for those interested in purchasing investment real estate in Brunswick in the near future. As more people begin to flock to the Victorian capital city, demand for property will continue to rise – presenting a great opportunity for smart buyers in the coming months.
Deputy Chair of Planning councillor Stephen Mayne noted the rising population was pushing up demand for property across the city, with another 5,800 new apartments expected to be built by the end of the year alone.
"We have known for some time that inner Melbourne is booming. The City of Melbourne is working hard to ensure that with this growth, we have diversity and quality in our housing stock as well as infrastructure to meet the needs of a growing community," said Mr Mayne in a 7 July statement.
"We have recently released a Draft Housing Strategy, which is one example of how we are working to maintain a good standard of living for future generations."
Now could be the perfect time to get in touch with a real estate agent to discuss the investment options available to you, in order to take advantage of the strengthening Melbourne property market ahead of the expansive population growth.