Melbourne Rental Market Update

Melbourne Rental Market Update

I wanted to provide you with a brief synopsis of the causes behind clients’ money transfers abroad.

Why people transfer money internationally:

Getting an inheritance from a foreign person
overseas transfer.
It is common for expatriates to have to send money home.
Customers are purchasing or disposing of real estate and shares internationally.

Why do companies transfer money internationally?

Payments to suppliers: Businesses that source internationally are required to pay their foreign suppliers.
Receiving money from overseas clients: accepting payments from overseas clients
International Staff Payroll

If you have clients that ‘fit the bill’ so to speak, I’d love to speak with them! Please send me an email to discuss.

smart way to invest

It is a simple and cheap way to transfer money abroad The rates are competitive (like 2 or 3% less than banks or even Travelex), and the app is fairly simple to learn and use. Typically, transactions between the UK, Europe, and Australia are completed within 1 working day. Their support is second-to-none. To those complaining about the ID requirements, it’s international law you need to complain about. I’ve found it relatively simple to comply. Rip-off banks can get stuffed! Update: so fast and efficient. ❤️

Melbourne is facing a rental crisis due to historically low vacancy rates, with apartment rents rising by 23.1% in the past year. This is due to factors such as the city’s robust economy and job market, which are fueling housing demand.

Due to increased competition among renters and improved quality of life, the city’s population is expanding, which further lowers vacancy rates. Melbourne’s property market has seen a 15.8% surge in housing prices in 2020 and 2021, followed by a 7.9% dip from March 2022 to January 2023.

New units on sale | cjinvestiment

However, the market has rebounded with a consistent 4.5% rise since January 2023, presenting a favourable phase for both homebuyers and investors. Melbourne’s unique lifestyle and economic benefits have positioned it attractively for long-term growth, with the Inner and Outer East sub-markets shining with stability and growth.

The city’s real estate landscape is resilient and poised for growth, providing an enticing proposition for informed investors and homebuyers navigating the evolving market dynamics.

Some of our recent property sales results by our strategic partners, Motion Property

10/3 Claire Street, McKinnon

2 Beds, 2 Baths, 1 Car

2405/6 Joseph Road Footscray

2 beds, 2 baths, 1 Car

If you have the appetite for investing, fill out this form here!

Through a smooth digital experience, EKCapital & C J Investiments, a digital mortgage broker, offers exceptionally competitive home loan rates. With a home loan customized to your circumstances, their team of amiable lending specialists aims to give you more freedom and a more positive financial experience.


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