The Victorian capital, with its numerous attractions, including Crown Casino and the Melbourne Cricket Ground, has experienced a spectacular period of growth throughout the previous 12 months, with median house prices rising by a meteoric 6.6% and unit prices gaining 2.7%.
Picturesque Mt. Dandenong to the east has enjoyed very positive figures, where median house prices have lifted to $610 thousand, piquing the interest of property managers. In the northern cosmopolitan suburb of Brunswick, properties have been flying off the shelves, with 553 properties being sold in the last year.
Property managers in Melbourne are able to fill a multitude of everyday roles, in anything from a Toorak mansion, to an apartment complex in the Docklands. One quality your property managers should have is responsiveness in finding a tenant, especially in areas like metropolitan Collingwood to the north, as it has a large number of properties, and many applicants will settle for the first one they are accepted into.
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