Markit Projects

NEWSLETTER - SEPTEMBER 2008

Suite 815 St Kilda Towers
1 Queens Road.
Melbourne
Victoria 3004

Ph: 03 9863 9339
Fax: 03 9863 9338

www.markitprojects.com.au


CragieburnLOT 26 KERNAN COURT CRAGIEBURN

• House Features
» 3 Bedrooms
» 2 Bathrooms
» Lock up garage

• Bonus Items Include
» Ducted heating
» Quality Carpets In Bedrooms
» Ceramic Tile (wet areas & kitchen)
» Doorstoppers
» Fly screens
» Clothesline
» Letterbox
» Stainless Steele Appliances (oven, hot plate, range hood)
» TV Points (2)
» TV Antenna
» 6 1/2 Yr Warranty
» 2 External Taps
» Driveway and Path (35sqm allowance)

• Craigieburn is located 26 kilometers north of Melbourne's City Centre

• There are 13 parks covering nearly 3% of the total area, 3 schools and 4 child care centers

• Shopping Centre and Golf course

• The population of Craigieburn in 2001 was 15,318 people. By 2006 the population was 21.416 showing a population growth of 40% in the area during that time. The predominant age group in Craigieburn is 30-39 years.

Please call 1800 244 332 For more information on this fantastic investment opportunities.

--

Location the key for all property
Author: Enzo Raimondo
Date: September 6, 2008
Publication: The Age

Prices for units and apartments in Melbourne generally run parallel to the house market, according to research carried out by REIV. With the exception of Mount Waverley the list of most expensive suburbs for units and apartments in Melbourne is similar to that for houses.

Brighton East and Brighton top the apartment price list with median prices of $792,000 and $667,500 respectively. These are closely followed by Toorak, which has a median price of $650,000.

Location is the prime driver in determining demand for property, regardless of whether it is a detached house or an apartment.

South Melbourne and Port Melbourne are next on the list with medians of $577,500 and $550,000 - property by the sea and close to the city is in strong demand. In Docklands the median price of an apartment is just over $500,000.

The perennially popular leafy eastern suburbs - Kew, Camberwell and Balwyn predominantly - follow in the list with median prices of between $545,000 and $516,000.

If you are investing in medium or high-rise dwellings the fundamentals are the same as those that drive price in the house market.

However, buying a unit or apartment is a good way of buying into suburbs that you may not otherwise have found affordable.

The list of most affordable suburbs for units and apartments also contains few surprises: Reservoir, Frankston, Dandenong and Glenroy.

The suburb with the most affordable units and apartments is Footscray, where there is a median price of $205,000 - a cost roughly less than half that for a house in Footscray, which has a median of $450,000.

Markit Projects
New Look Website


Last month Makit Projects launched a new and exciting website. Featuring a totally new look the website offers
potential buyers to view our properties nation wide with a click of a button.

Also featured on the site are Stamp Duty & loan calculators.

For those of you who have purchased through Markit Projects be sure to keep checking our site for progress photos of your development.

Our site will be updated regularly with new developments and media releases so be sure to keep coming back and checking it out from time to time.

for further information on any of our properties please contact
1800 244 332


Enjoy the new Website!
www.markitprojects.com.au


--

Why Wouldn't you
invest in Melbourne Property?

• Voted most livable city in the world in consecutive years

• 52,000 new people migrating to Melbourne needing accommodation every year

• Rental vacancy rate less than 1% (a balance market is 3 -
4%)

• Strong capital growth (averages of up to 15- 20% per annum in some suburbs over the last 20 years) and strong rental returns (5-6%)

To discuss buying a property in the world's most livable city call
1800 244 332

 

Our aim is to find great property investments for clients and provide a great service in doing so. We hope we have matched both these criteria's and if you know of a friend or relative looking at investing or wanting to know more about property investments please let us know and we will contact them.

Logo
Suite 815, St Kilda Towers, 1 Queens Rd, Melbourne VIC 3004
PH: 03 9863 9339 Fax: 03 9863 9338
www.markitprojects.com.au