From the perspective of apartments, the two-bedroom and two-bath apartments in downtown Melbourne are about 700,000 Australian dollars (about 3.6 million RMB), the rent is about 700-750 Australian dollars a week (36-3,800 RMB), the annual rental income is187,200-197, and the rental return rate is only 5.2%-5.
Horizontal comparison: The average price of new apartments in downtown Sydney is about 23,000 Australian dollars per square meter (12000 RMB), while the average price of new apartments in downtown Melbourne is about 23,000 Australian dollars per square meter12000 RMB. In terms of population, the population of Sydney and Melbourne in 20 16 was about 4.8 million and 4.6 million respectively. According to the data released by ABS, the average annual growth rate of Melbourne's population is 2.74%, and that of Sydney is 1.9%, so it seems that the apartment price in Melbourne will catch up with or even surpass Sydney sooner or later.
Compared with domestic apartments, the housing price in domestic first-tier city centers is not lower than that in Melbourne CBD, but Melbourne apartments have three biggest advantages compared with domestic apartments: 1. Melbourne apartment law requires fine decoration, and buyers can carry bags. Compared with the domestic rough house decoration, it saves a lot. 2. The apartment area in Melbourne is calculated according to the actual use area of the apartment, and there is no pool. The apartment is also marked 100 square meters, and the actual use area of the apartment in China is only 75 square meters. 3. The rent of apartments in Melbourne is much higher than that in China, and the rental market is strong. The vacancy rate of downtown apartments is only 1.2%. Every owner can receive a large number of rental applications during the rental period, which is nicknamed "house picking" in the industry.
To sum up, Melbourne's real estate is in a healthy rising stage, both in the short term and in the long term. And the investment potential is great!