After arriving in Melbourne last Sunday Night I have thoroughly enjoyed my time in Melbourne. It is not the first time I have been in the city and certainly won’t be the last… as a Sydneysider it is always difficult to make comments about Melbourne being better than Sydney in anything, but I can say Melbourne is a fantastic city that has a vibe like no other in Australia. The city itself is amazing with the most fascinating buildings from grand old heritage churches and museums to funky designed modern office and residential buildings. It really does have a life of its own.

Our first day in Melbourne, we met with developers that crossed the inner city regions. We first went to Collingwood to meet with Caydon, across to busy Richmond to meet with Cubo and then over to Port Melbourne where we met with Salta. The evening was spent in Brunswick. Each one of these places is so different and offers a fantastic lifestyle to anyone that lives or visits the areas.

Collingwood is one of Melbourne’s oldest suburbs with many old heritage buildings. Richmond is going through a period of gentrification with a mix of the ultra modern and tired old buildings that are waiting for a little attention. The three main streets in Richmond that are going through the current gentrification include Victoria, Swan and Bridge Streets. Port Melbourne is a suburb largely dominated by industrial sites at present along the shores through to open parklands, bayside beaches, exclusive apartments and Bay Street’s restaurants and cafes.

Tuesday we explored other suburbs including Prahran, St Kilda and the City. Through the day we met Hamton, Bensons Property Group, Brady Property Group and FKP. A lot of new apartment developments are occurring in these suburbs. Each of these suburbs is all well established.

Wednesday was another day on the road meeting with developments. We met with PDG in the City, Deal Corporation in Toorak, Birner Property Group in Armadale and Ninety Four Feet in North Caulfield. We spent the afternoon exploring some of the suburbs in eastern Melbourne out to Oakleigh.

The suburb Toorak is the glitz and glamour of Melbourne. Definitely the most upmarket strip shops I have visited during the week and very clean. Looking in the window of the local real estate agent, prices are high. Toorak is not only viewed as one of the best (thus also most expensive) suburbs in Melbourne, but also in Australia.

Thursday we met with FDG (Salvo Property Group), Extension Marketing, Fridcorp in South Yarra, Hickory in Richmond and Map Concepts just north of the city in Fitzroy.

Overall the visit was a huge success. Getting feedback from the developers has been positive and we look forward to bring you more new projects from these developers plus many more that we are currently talking to.

It is easy to see why Melbourne has been such a popular market for property investors over the last few years…. it is a great place to live!