Investing in Melbourne's North! Is It the Right Time? - With Arjun Paliwal

Investing in Melbourne's North! Is It the Right Time?

Every month, we ask our audience to send in a suburb that they'd like analysed. InvestorKit's head of research and founder, Arjun Paliwal, will be going through the data to let them know whether it's a NO or a GO!

On this episode, Arjun Paliwal, Head of Research and Founder of InvestorKit, answers a question from John, who is looking for an investment property in the range of $450,000-$600,000 in Craigieburn.

Arjun discusses the current state of the Victorian property market, highlighting the recent trends in population growth, migration patterns, and economic indicators.

He emphasises the importance of understanding the local government area (LGA) of Hume and the specific dynamics of Craigieburn, including inventory levels, days on market, and rental yields.

He also touches on the value-add strategies for investors looking to maximise their returns.

Join us as we explore the intricacies of the Craigieburn property market and what it means for potential investors! Click on the episode now!

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CHAPTERS:
00:00 - Introduction
00:52 - Victoria's Housing Market
01:41 - Population Trends in Victoria
02:49 - Impact of COVID on Migration Patterns
05:51 - Focus on Craigieburn and Hume LGA
08:03 - Current Market Conditions in Craigieburn
15:05 - Craigieburn's Short-Term Growth Potential
17:27 - Investment Strategies in Craigieburn
19:50 - Conclusion

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Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast, and blog is the intellectual property of Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.

[maxtanaka]

Thoughts on Cranbourne/Clyde/Pakenham?

[SkyNet]

Can you do a podcast about Victoria’s land tax issues and its implications for investors.

[randomvideos]

What do you think about Wodonga region in Vic. Is it good to buy there. Can you share your thoughts. Many thanks

[sumersingh-hrtp]

hii Arjun, how about Reservoir in Darebin LGA. Can you share your valuable insights. Thanks

[tldrinfographics]

Just try driving up from CBD to north and realise how bad the roads are. It’s mix of tram track and local roads.

10km feels like 30km

[singhsaab]

What about sandhurst or lyndhurst south east I really like sandhurst nice community will this be good investment? Rent is so higher then other suburb surrounded.

[stevennguyen]

Question time then:
Canterbury Bankstown benefits from western expansion and infrastructure (metro, hospital etc). Price has risen fair bit. But in the surrounding surburb of Revesby, better socio, house+gf can fetch 4.2% yield (1400pw/1.7m value. Can you assess this product in current market? Will it continue to do well

[justinbaxter]

I’ve binged a bunch of Sam Gordon podcasts lately which have been great. Would you please do an episode on why do a deal where you buy and build a granny flat, vs buy and do the paperwork to subdivide and build a separate house? It seems to be that the cost would be not that much more but the equity uplift of creating two separate properties vs 1 with a $250k granny flat would be worth the extra hassle and cost? Cheers

[CuriousDiaries]

Like any Novice Investor I made the huge mistake of investing in Western Melbourne ( Manor Lakes) my house construction completes in 30 days. My question to Arjun is should I sell this now? The needle for capital growth hasn’t moved and I’ve wasted time by not investing money in QLD or WA during these years. Any help is much appreciated!

[cn]

Another great podcast. What data sources was Arjun using when he was talking about stock on market etc? Cheers guys

[jakelyu]

I am living in Melbourne for decades as an investor. Never thought about putting my money on North area.. Seriously guys need to get advice from omg… North and West in Melbourne 😊😊😊😊😊😊😊 just give me a smile😊

[gautamm]

Does big build projects like Northeast link, suburban rail loop have positive impact on property prices in the north east Melbourne like Heidelberg, Watsonia, etc after they are built?

[MatthewBayard]

Dam, calling Craigieburn a suburb of Melbourne is a stretch. Its right on the urban - rural fringe.

[emp]

How many jabs did Aussies take to keep their jobs so they could keep their assets? We are not in Kansas anymore and nobody can find Todo.

[justinbaxter]

8 years of minimal growth whilst the rest of the country has boomed…maybe that means it’s overdue and the contrarian play. Best of luck with it

[rebmockram]

The market is crap beacuse of the land tax, no one likes to point out the elephant in the living room.

[topshot]

Strongly disagree, no offence to anyone.
I bought an IP in craigieburn eight years ago. Sure I’ve seen some decent growth but I should bought elsewhere.
Take your 600k and move inner suburbs or go country cbd