The Melbourne property market is hot – am I too late to invest?
According to this recent article by realestate.com.au, Melbourne’s hot property market has added hundreds of dollars a day to house prices in scores of suburbs over the last year. From Epping in the north at 12.5% to Cranbourne in the south at 13.6%, there has been a wide range of suburbs in Melbourne performing over and above the Melbourne average of 10%.
So, the question on many homebuyers’ and investors’ minds is… am I too late to get into the market? Have I missed the boat?