Ready, Set, Invest – The 2010 Property Market
By [http://ezinearticles.com/?expert=Bob_Adams]Bob Adams

Despite the huff and puff over the Global Financial Crisis (especially influenced by the economic downfall of our USA neighbours), Australia has stayed true to its ‘little Aussie battler’ nature and has come through in considerably good shape. This is largely due to anticipatory action taken by the Government and the Reserve Bank, to ensure as much stability as possible – and their policy action has done its job. The Australian property market has remained relatively unscathed.

Throughout 2009 property trends show that Australian property prices continued to rise. The first half of 2009 was admittedly a little unsettling, as the property market experienced ups and downs. But by the second half of 2009, capital markets, especially Sydney and Melbourne, had seen a recovery.

The removal of the First Home Owners Grant at the end of 2009 is obviously making investors a little wary, but many predict that this will have little or no effect on the market as home owners move onto their second or third property, taking the opportunity to build up their property portfolio. Prices are expected to decelerate slightly yet a shortage of housing means ongoing price gains will increase.

The light at the end of the tunnel

It seems good times are ahead of us. The December 2009 ANZ Australian Property Outlook predicts that economic growth is at the forefront, due to the record population growth that is occurring, an increase in the construction of dwellings, and strong investments in the mining and infrastructure fields.

If you’re a property investor, or looking at launching your property portfolio, then according to property trends it seems that 2010 will be a good year for you. The national median house price has risen by a whopping 10% in the last ten months of 2009. Although there are of course things that could rock the boat for this situation in 2010, such as ongoing interest rate increases, the current physical shortage of housing should keep things settled as they are for quite some time.

Set your sights on Melbourne

During 2009, Australia experienced near-record low vacancy rates in most state capitals across the country. This is more good news for you, the investor, and a great time for property investments. Property experts are predicting that the needed amount of dwellings to meet demand will not be completed in the ‘foreseeable future’, meaning that housing availability will decrease and thus property pricing will increase during the year of 2010. Melbourne especially is set to make landlords and investors happy in 2010 as property trends suggest vacancy rates will peak at just 8%.

The big winner of the 2009 property market was Melbourne, with the first 10 months of the year showing house prices were up by a whopping 14.9 %. So why is Melbourne the big winner? The obvious reason is the ever increasing population of Victoria. In the year to June, 114,000 people moved to Victoria – and it seems many wanted either to buy or rent in Melbourne, thus harboring the big boom. Of course this meant that house prices and rent went up as demand is outgrowing supply.

Big things ahead

Property trends suggest that there are changes coming for Melbourne that will both ease the constant demand for inner suburb housing whilst still boosting the property market. Big projects are underway, such as new road and new transport infrastructure, that will mean more housing development further out from Melbourne, particularly around the new Regional Railway Express project through Geelong, Ballart and Bendigo. These more rural areas will soon be linked better to Melbourne, thus increasing the demand for housing in those areas of course.

So if you’re feeling a little out of sorts about the current Australian property development, don’t be. 2010 is set to be good year on the property forefront, with prices remaining steady. You can interact directly with your customers, maintaining that all-important customer relationship management. Plus you have a 24/7 advertising and marketing platform, filled with people interested in your company, to promote new products, services or specials.

Bob Adams is CEO of [http://www.Greatinvestmentproperties.com.au]www.greatinvestmentproperties.com.au

“Life’s all about choices. Property investment can give you the financial freedom to live the lifestyle you choose. It can make dreams come true. It did it for me!” – Bob Adams

Bob is an experienced property researcher with strong history of successful property investment. Bob has over 30 years experience in real estate, and held a senior research role in one of Australia’s leading property investment companies for 15 years. Throughout his career, Bob has helped hundreds of property investors. He owns investment properties in Melbourne and Brisbane, and is passionate about helping others achieve wealth through property.

Article Source: [http://EzineArticles.com/?Ready,-Set,-Invest---The-2010-Property-Market&id=3850904] Ready, Set, Invest – The 2010 Property Market

Top Areas to Rent Commercial Property in Melbourne
By [http://ezinearticles.com/?expert=Ralphe_Garofanoo]Ralphe Garofanoo

Leasing commercial property is a very important decision so the more research you can do, the better. Not only do you have to find a property that is in good condition and has great parking, but you also have to worry about finding the best location. Location is everything. The location of a property will make it easy to get to, have great impact when signed and will attract potential staff. The location will also give additional benefits to the building such as views from the building. Below you will find the top areas to rent commercial property in the Melbourne area.

St. Kilda Road, Toorak Road and Domain Road

One of the best places to find commercial property in Melbourne is on St. Kilda Road. Roads in the same area include Toorak Road and Domain Road, which all provide exquisite views of the surrounding Melbourne area. Properties in this area will have stunning views of the Botanical Gardens, the Shrine of Remembrance, Port Phillip Bay and Albert Park Lake. These roads are located in the Business 5 Zone.

Financial Business District of Melbourne

A fabulous location for commercial property rental or purchase is in the business district of Melbourne. Besides having spectacular views of the business and shopping areas, there are excellent views of the CBD. You will be close to the Australian Stock Exchange and in walking distance of various important buildings in the financial business district and to the courts. The views are not the only perk of having a property in the business district; being in the middle of this precinct means that there are unlimited amounts of transportation in close proximity to your building. With shopping and other facilities close by, properties located in this area of Melbourne are highly attractive to both the buyer and leasers.

The Heart of Melbourne City

In the heart of Melbourne city, your commercial property will be a heartbeat away from all of the popular Melbourne districts such as the legal district, the financial business district and the great shopping areas. If the property is located by Collins Street, there will be views of the town hall, the State Parliament House and Gardens, Port Phillip Bay, Albert Park and the spectacular Yarra River. Transportation is extremely easy making your office easy to get to. The Melbourne International Airport is 25 minutes away by car, and buses, trams and the Flinders Street Station are all in close proximity, while there are always an abundance of taxis also.

Remember, location should be essential for buyers and renters. While you may not need to come to your office every day, the people who work for you will. No one wants their business to be in an area that is hard to find or where their clients may get lost. Therefore, be smart when choosing a property to purchase or commit to with a lease.

Finally, ask yourself these questions before signing anything; is the building close to transportation? Will the people working inside of the building be looking at wall or a gorgeous river or stunning view of the historic buildings in the area?

Ralph Garofano in an expert in finding [http://www.officespace.net.au/]office space and regularly provides tips on securing the best commercial real estate, industrial real estate, shops and [http://www.officespace.net.au/]serviced office space for sale or for lease.

Article Source: [http://EzineArticles.com/?Top-Areas-to-Rent-Commercial-Property-in-Melbourne&id=4022371] Top Areas to Rent Commercial Property in Melbourne

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