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Is Melbourne CBD the sleeping giant of Australian property investment?

Press coverage 23 August 2021 Summary of published coverage

NAB research identified Carlton, Docklands and the Melbourne CBD as places where buying could beat renting, despite inner-city vacancy rates being inflated by the absence of international students. PIPA’s Peter Koulizos backed buying close to the city in Melbourne but favoured older character houses on their own land over new high-rise apartments, citing rezoning potential and Melbourne’s relative affordability compared with Sydney.

Reported by

Mike Wood, Australian Broker, 20 August 2021

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PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.

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