Want to buy your first place but horrified by the prices? Here are the cheapest suburbs near the CBD in every Australian capital city.

On average, Melbourne property prices have doubled over the last decade. Once built, they will move in and start a five-ye.

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Is there life left in Melbourne's property market? Would-be investors are advised to tread with care. See what top agents have to say about the 2017 market.

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Want to buy your first place but horrified by the prices? Here are the cheapest suburbs near the CBD in every Australian capital city.

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According to SQM Research, Melbourne now leads the nation for growth in asking prices for houses, with a jump of 13.4 per cent to $805,000 and 5.2 per cent for units to $459,800 over the year to November.

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On average, Melbourne property prices have doubled over the last decade. Once built, they will move in and start a five-ye.

Three once hard-knock suburbs have been named Melbourne's next property powerhouses.

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A number of inner-ring Melbourne suburbs are taking advantage of planned infrastructure projects to build affordable units with a higher rental yield than Sydney.

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In Western Australia, you can get the a First Home Owner Grant if the property you buy costs up to $750,000. If you buy a home north of the 26th parallel, you can get the grant if the property you buy costs up to $1 million. For new homes the grant is $15,000 for contracts dated from 1st January 2017.

Buying real estate, then, can often be a way to build wealth. Location is key, of course, but so is quality: home builders.

Today one in three Melbourne suburbs have a median house price of at least $1 million, with 90 per cent of suburbs within 10km of the CBD have a million-dollar median house price and almost 50 per cent of suburbs in the middle ring also in the million-dollar club.

Six suburbs are at Melbourne’s median house price of $550,000 — Knoxfield, Sandhurst, Dandenong South, Attwood, Altona North and Airport West. According to the.

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