National Brokers Network

The Properties that are less than 1M in Melbourne

It’s common knowledge that Australia is one the world’s most expensive when it comes to the property market. In spite of the current drop in prices, with suburbs having more than double digits in price drops, Sydney and Melbourne’s median property prices are still more expensive than other booming cities in the world.

According to global investment bank Morgan Stanley, Australia and Melbourne are around 60 per cent less affordable than Seattle and New York in the United States. Even a nine-bedroom 13th-century chateau with 7000 square metres of parkland located in France is cheaper than a two-bedroom apartment in Sydney, Domain reported.

However, since the price drop, there are hidden gems along the way. Melbourne is a well sought out city, and there are properties under $1 million that you should be on the lookout for, according to picks from Domain.

Australia’s property market is experiencing both ups and downs as areas are experiencing a drop, while others have price increases due to the changes. For people who want to buy properties australia, it’s best to consult with experts on forecasts of the property market. Finding out the possible outcomes of a property can help provide insights into whether the property you bought is worth it or not.

Consult a real estate firm with a proven track record in the industry. National Brokers Network has a team of experienced brokers who combines fresh ideas and acquired knowledge as well as a hands-on approach in real-estate to provide the best service possible.

Get in touch with us. Call 03 9226 9222 or email to consult with our staff, and get insights that will help you with your purchase decision.

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In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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