News

The latest happenings in the Melbourne property market. For our Essays and The Secret Agent Report, see our Research page.


Category Archives For: Apartments

The Secret Agent Report – Apartments: Capital Growth

We have just released our latest Secret Agent report!

Earlier this year, Secret Agent set about determining the true capital growth of houses and townhouses in inner Melbourne to provide investors with more accurate figures on previous growth in the local property market.

In this report, apartments get their turn as we analyse the growth in prices over the past 16 years. An updated index for the capital growth of houses and townhouses is also included.

Access the Apartments Capital Growth report now!

apt-capgrowth-980


New apartments: What to expect

melbourne-upcoming-apartments-secret-agent

[Click to view image in full size]

Key findings

  • 1 bedroom apartments will be 8% bigger on average.

  • 2 bedroom apartments remain the same size.

  • 3 bedroom apartments will be 4% smaller and remain rare.

  • Little to no 4 bedroom apartments are being proposed.

  • Most apartments meet the minimum balcony size.

Following up on our recent Supply report, Secret Agent wanted to dig deeper into what sort of apartment buildings are being proposed by developers. Using planning permit applications sent to local Melbourne councils, we sampled 1,680 proposed apartments from 34 buildings in 15 suburbs of metropolitan Melbourne.

Read the full post