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WOULD YOU USE $50,000 FROM YOUR SUPERANNUATION TO BUY YOUR FIRST HOME ?
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LOCATION, THE KEY FACTOR WHEN INVESTING IN REAL ESTATE
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LEASED IN JANUARY Leasing Statistics For January 2025
Owning a home in hotspots like Berwick, Officer, or Pakenham could soon be more achievable for first-home buyers. A recent proposal by Opposition Leader Peter Dutton that could see Australians able to withdraw up to $50,000 from their superannuation for a home deposit is sparking conversation and hope among aspiring homeowners.
Saving for a deposit remains the biggest hurdle, particularly in competitive markets like Melbourne’s southeast. This potential policy could offer a significant boost, enabling buyers to enter the market sooner.
Berwick and its surrounding suburbs, renowned for their community spirit, excellent schools, and family-friendly lifestyle continue to attract
young families and professionals. Suburbs like Narre Warren and Officer present further opportunities for buyers seeking affordability without compromising on amenities.
For first-home buyers, it’s essential to have a clear understanding of your financial position, explore emerging growth areas, and work with experienced professionals to navigate the market confidently.
While the market can feel daunting, initiatives like the proposed superannuation scheme could offer a much-needed solution to making the dream of homeownership a reality. If you’re considering taking the leap, now might be the perfect time to explore your options and secure your place in one of Melbourne’s thriving communities.
RANGING IN SIZE FROM 4m² - 34m²
Solutions for all your storage needs.
Competitive Rates
Short or long term leases available
Modern, clean units
24 hour video surveillance
Easy access
100 Enterprise Avenue, Berwick
NARRE WARREN 1/56 AMBER CRESCENT $520PW
3 / 1 / 1
BERWICK
206/9 GLOUCESTER AVENUE $595PW
2 / 2 / 1
1.04%
BERWICK 15 SATSUMA AVE $ 590PW 4 / 2 / 2
37/23 ATLANTIC DRIVE $490PW 2 / 2 / 2
15,751 212
AVERAGE VACANCY RATE ONLINE VIEWS APPLICATIONS RECEIVED
When investing in real estate, the adage “location, location, location” remains paramount. The strategic placement of a property significantly influences its potential for appreciation, rental income, and overall return on investment.
Proximity to essential amenities such as schools, healthcare facilities, shopping centers, and public transportation enhances a property’s desirability. Areas with well-developed infrastructure not only attract a steady stream of renters but also ensure sustained demand, leading to higher occupancy rates and rental yields.
Future growth prospects should also be considered. Investing in regions earmarked for development or urban renewal can yield substantial returns. However, it’s essential to conduct thorough due diligence to assess the viability and timeline of proposed projects.
Locations with diverse employment opportunities and robust local economies tend to experience consistent property value growth. Monitoring local job markets and business developments can provide insights into an area’s economic health.
Understanding the population dynamics, such as age distribution, income levels, and lifestyle preferences, can guide investors toward properties that align with market demand.
While property features and aesthetics are important, the significance of location cannot be overstated. A well-chosen location not only ensures a stable income stream but also positions the investment for long-term capital growth.
As the real estate landscape evolves, staying informed about location-based factors will remain a cornerstone of successful investment strategies.
