Why Caulfield Heath is a great investment

• 2013 was the 11th year in a row that the Australian Bureau of Statistics estimated Melbourne headed up the nation’s growth. In that time, the city’s population has grown by more than 750,000, or almost a quarter⁽¹⁾
• Melbourne maintains its AAA credit rating⁽²⁾
• Melbourne the most liveable city, was again ranked most livable city in the world for 2013, by the Economist Intelligence Unit⁽³⁾
• Apartments in Caulfield North have provided gains of 12.60% over the past 12 months⁽⁴⁾
• Apartments in Caulfield North have outperformed the average Melbourne apartment in terms of average prices – the median price for an apartment in Caulfield North is $587,000 compared with the Melbourne average of $440,000⁽⁵⁾
• Occupancy rate of 98.04%⁽⁶⁾
• According to Australian Bureau of Statistics data, the fastest growing household type is the lone-person dwelling, which is projected to grow by an average of 2.2 per cent a year, reaching 3.2 million households, or 28 per cent of all households, by 2031⁽⁷⁾
• Property researcher RP Data reports apartments are proving a better investment than houses, with apartment prices growing 1.1 percentage point more annually than house prices over the past five years - or altogether 5.62 percentage points more, thanks to the effects of compounding⁽⁸⁾
• Caulfield Heath offers purchasers lengthy settlement terms, as well as significant stamp duty savings and impressive tax depreciation advantages.