Melbourne house property growth boom!

Today, we are reading about the growth of Melbourne and wondering ,WHY?

Well, I suggest the biggest surprising factor is  employment growth. Melbourne is growing through  both longer work hours and more employment. Melbourne is benefiting from interstate migration, as the other states have been either mismanaged at the government level or harder hit by the world financial crisis and subsequent downturn in world trade and  growth. The factors of economic rationalism has driven rational  families and workers into Victoria. Victoria has a more stable and more investment minded government. The basic services of schools, Hospitals, Universities, roads is better provided in Victoria. The current and soon to be revealed plans of the state government are aggressively in favour of growth and development. The topography of a flat city with lots of adjacent vacant land provides for cheaper land development. Victorians has benefited from the builders and developers negotiating  a better deal for the First Home Owners Grant  in Victoria, such that ,we are winning 40 % of these grants, while, Victoria only represents 25 % of the Australian economy.
New capital works include , M1 Monash upgrade $1.4 Bn, Eastlink road opened 2008 cost $2.4 Bn, Western ring  road $1.32 bn, Rail Duplication City to west Werribee, includes three new stations, $2.4 bn, New Melbourne to Sunshine freeway, cost $5.4 bn, two new rail station on the Pakenham line,likely doubling of trains numbers cost ?
The secret is Empoyment growth in Victoria!!!

To apply for the free ebook

1   Head to the top of the page, right side

2   Enter your name and email

3   Click, Send Me the Ebook

4   Check at your email to download your book.

Latest home property market design ideas

Reading in “The Australian ” of the rising clearances in both values and volumes terms in every major Australian capital. What is really happening in the property market?  Well, Premier Bligh of Queensland, says “Enough is enough, wants to close the southern borders”.
Well make a cat laugh!  Wonder how well that will go?
Perhaps we dont know what is actually happening?
Lets consider some leading economists like BIS Shrapnel ‘s Robinson. His reports are bullish based on a new round of mining projects, based on rebounding commodity prices like Iron ore up 100%, Coal up 120% and a rosier outlook for the growth in the world economy, refer IMF.
Tanya Plibersek, Minister for Housing says ” The problem of a supply shortage in housing has been years in the making”. She would like to blame the previous government. Apparently, population and housing are hot button political areas, as PM Rudd has announced a new portfolio of population study {Mr Tony Burke}.
My view is State government have been under estimating the population growth and under providing capital works, like roads, hospitals, railway stations. Thus buyers are “crowding ‘ into the established suburbs.!
To obtain the free ebook

1  Return to the top of the page, right side

2  Enter your name and email

3  Click, Send Me the FREE Ebook
4  Check your email, to download your home renovating book.