All Topics / Help Needed! / rental demand in melbournes northern suburbs

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  • Profile photo of DirtybirdDirtybird
    Member
    @dirtybird
    Join Date: 2010
    Post Count: 5
    August 4, 2010 - 12:10 am

    Hi,

    I'm very new to property investing, I was looking to purchase my first investment around the northern suburbs of melbourne in the South Morang, Whittlesea area as it is a bit more affordable there. I was wondering how to find out how high in demand the rental market is around those areas and if it is a good choice buying in those areas.

    Thanks.

    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674
    August 4, 2010 - 2:50 am

    Welcome to the forum,

    I do not want to give you the figures in case it breaches copyright so I am informing you where you can find the data instead.

    Data for vacancy rates can be found in June 2010 Australian Property Investor Magazine Page 117
    post code 3752 and post code 3757

    capital growth data can be found on page 136 and 137

    You could find this magazine in your local library or buy it in the newsagents or order it online
    http://www.apimagazine.com.au

    Profile photo of DirtybirdDirtybird
    Member
    @dirtybird
    Join Date: 2010
    Post Count: 5
    August 4, 2010 - 3:09 am

    Thanks for your help,

    Julie

    Profile photo of jayarrjayarr
    Member
    @jayarr
    Join Date: 2010
    Post Count: 11
    August 4, 2010 - 6:10 am

    Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic.

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