We have just released our latest Secret Agent report!
“There is now around one occupied apartment for every five occupied separate houses in Australia – compared with one to every seven, back in 1991.” (ABS, 2017)
Apartments are increasingly popular living options for owner occupiers and tenants alike. They are located in some of the best positions, close to schools, transport, work and lifestyle precincts. They are well suited to a variety of audiences, from young professionals entering the property market to retirees looking to downsize, to office workers who want to cut down on transport time, to students who want to reside close to university.
In this report, Secret Agent will take a look at the state of the apartment market in Melbourne and Australia in general.