Why Off the Plan Isn’t What You Think—It’s Actually a Smart Play (If Done Right) When some people hear 'off the plan' they think risk, delays, or overpaying for a promise. But here’s the truth: Done right, off the plan can be a strategic move to grow wealth and get ahead in the property market. The key? Understanding how to play the game smart. The Misconception: Many believe buying...
How population patterns shape housing markets. Where people go, property markets shift. Sounds simple, but the impact of population movement on property is powerful and underappreciated. At Crest Property Investments, we guide buyers to be at the forefront by not only being aware of where the market is currently, but where it will be going. One of the most powerful drivers? People. Where...
3 Mistakes Property Investors Make (and how to avoid them) Investing in property is one of the most popular ways Australians build wealth—and for good reason. When done right, real estate can provide strong long-term returns, rental income, and even tax benefits. But for first-time investors, it’s easy to feel overwhelmed by information, opinions, and market noise. Over the years at Crest Property...
Melbourne’s Million-Dollar Suburbs – Q1 2025 Despite challenging conditions in Melbourne’s property market — including continued interest rate pressures — the first quarter of 2025 has shown strong price growth in many suburbs. Several locations across the city have seen substantial increases in median house prices, with some even pushing well above the $2 million mark. Price Resilience Amid...
Top growth suburbs over the last three month period ending 31 March 2025. Melbourne’s property market demonstrated solid growth in the March 2025 quarter, with multiple suburbs experiencing notable increases in median house prices. Buyer confidence appears to be strengthening, driven by limited stock and strong demand across both established inner-city areas and growth corridors. The momentum suggests...
Current Rental Market Trends Rental Market Snapshot, according to the Real Estate Institute of Victoria (REIV): Melbourne’s rental vacancy rate remained the same at 2.5% as of 31 March 2025, as it was recorded in the last quarter. Regional Victoria’s vacancy rate remained the same at 2.1% as of 31 March 2025, as it was recorded in the last quarter. Weekly median rent for houses in...
Top growth suburbs over the last three month period ending 31 December 2024. With interest rates remaining elevated, there is growing optimism that recent inflation data may prompt the Reserve Bank of Australia (RBA) to consider a rate cut in the coming quarter. Such a move could provide much-needed relief to borrowers and stimulate further activity in the property market. Over the past three months,...
Current Rental Market Trends Rental Market Snapshot, according to the Real Estate Institute of Victoria (REIV): Melbourne’s rental vacancy rate rose slightly to 2.5% as of 31 December 2024, up from 2.3% in December 2023. Regional Victoria’s vacancy rate remained stable at 2.1%, showing minimal change over the past year. Weekly median rent for houses in Melbourne decreased by $10, settling...
Rental Market Snapshot: According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metropolitan Melbourne increase to approx. 2.4% as at 30 September 2024. This has increased over the last three months, but remains steady when comparing it to 31 December 2023 where it was approximately 2.3%. The proportion of vacant properties in regional Victoria...
Top growth suburbs over the last three month period ending 30 September 2024. With interest rates remaining higher than previous years and Melbourne's imposed land tax, the property market in Victoria has underperformed the other states of Australia. There were however, a number of suburbs that witnessed very good capital growth over the course of the last three months. Here we focus and share the...