What to look for before buying in a suburb?

When it comes to property investing a lot of people are scared of buying new apartments or even in new estates

The reason why they are scared is because they don’t know what to look for in that market.

I thought I’d share with you some insights of what to look for when considering a purchase

1. Sales history in the suburb

Check on the SOLD tab of Real Estate to see how much are people paying now for a similar property and see what’s the X factor of the property you are considering to buy.

2. Day on the market

Check how fast are the property selling and the supply and demand of the suburb. You want to make sure there is a reason why people are buying and moving there. Schools, amenities and Transport are usually very strong indicators and even when a suburb is changing from Industrial to residential.

3. Ratio to Owners to Investors

When buying on a new building or estate check with the sales agent how many of those buying are Owners and how many are investors. A market that has a lot of Owner occupiers is usually a stable place to buy into.

4. How much people earn

Use the latest data to see what is the average household income in that suburb to better understand what sort of demographic it will be attracting and what type of growth could potentially happen.

At the end of the day it’s alway best to engage a professional to help you during this process as most of the time they will do all this research for you and advise on the quality of the project.

We love helping people take informed decisions at PB Property so please do not hesitate to contact us.

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Why Melbourne Remains a Good Investment Despite the Downturn

By Pina Brandi • July 14, 2025

While the headlines might suggest doom and gloom, Melbourne is far from down and out. In fact, this moment of weakness may well be the turning point — the stage in the cycle where the city’s long-term fundamentals quietly gather momentum again. If you’ve been waiting for the right time to buy in Melbourne, 2025 could be your moment. Key Reasons Melbourne Is Still Attractive for Property Investors Market Recovery Signs: After a period of decline in 2024, Melbourne has posted several consecutive months of home price growth in 2025. This signals a market turnaround, with prices still below their previous peaks, offering a countercyclical opportunity for investors. Strong Population Growth: Melbourne continues to experience robust population growth, driving long-term housing demand. Migration has ramped up, supporting both the rental and sales markets. Undersupply of New Homes: Building approvals are at record lows, and there is a shortage of new dwellings. This supply constraint, combined with rising demand, is expected to place upward pressure on prices over the coming years. Infrastructure Investment: Ongoing investment in transport, schools, and amenities across Melbourne’s growth corridors is enhancing liveability and supporting property values. Affordability Relative to Other Capitals: Melbourne’s median home price is now lower than Sydney and some other capitals, making it more accessible for investors and first-home buyers. Interest Rate Cuts: Recent interest rate reductions in 2025 have improved buyer sentiment and affordability, helping to fuel renewed activity in the property market. Long-Term Growth Fundamentals: Melbourne’s diversified economy, strong employment hubs, and lifestyle appeal underpin its reputation as a resilient, long-term investment destination. Where Are the Opportunities? For those looking to enter the market now, focus on areas where fundamentals still stack up — even in a down market.