Melbourne Coastal Affordability
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What are the challenges of coastal living affordability near Melbourne?
π΅ π΅ π΅ π΅ π΅ π΅ Today marks the 107th anniversary of the landings at Gallipoli. The Australian and New Zealand forces landed on Gallipoli on the 25th of April, meeting fierce resistance from the Ottoman Turkish defenders. What had been planned as a bold strategy to knock Turkey out of the war quickly became a stalemate, and the campaign dragged on for eight long battle-hardened months. By the end of 1915 the allied forces were evacuated from the peninsula with both sides having suffered heavy casualties with a large number of wounded soldiers. More than 8,000 Australian soldiers died in the campaign. Gallipoli had a profound impact on Australians at home and the 25th of April soon became the day on which Australians remembered the sacrifice for those who died in the war.
Although the Gallipoli campaign failed in its military objectives, the actions of Australian and New Zealand forces during the campaign left a powerful legacy. What became known as the Anzac Legends became an important part of the identity of both nations, shaping the way in which they viewed both their past and their future.
Which coastal locations near Melbourne offer affordable living options?
ANZAC Day also serves to commemorate the lives of Australians who died in the Second World War, and in subsequent years the meaning of the day has been further broadened to include those who lost their lives in all military and peacekeeping operations in which Australia has been involved. ANZAC Day, least we forget. Across every state, city and town of Australia, the Real Estate Podcast. And coming up in just a moment we're going to be talking coastal living and more importantly whether that can be achieved in one of our metro cities that is reasonable in cost, in other words affordability. But first let's check out the weather forecast around Australia's most important day. It's the main centre forecast with propertybuyer.com.au. And for Sydney, expecting some showers today, a high of 22 degrees. Melbourne, partly cloudy with 21. Brisbane, one or two showers with 25 degrees. And in Perth, expecting a late shower today and a high of 29 degrees. We feature market updates, interviews and trends. It's your real estate podcast for breakfast.
Well, we've talked previously on the podcast about the migration of coastal living, all sorts of sleepy towns that have suddenly over the last couple of years been the laser focus for buyers from Sydney, Melbourne and Brisbane. But a question this morning, are there any locations that are coastal which are still viable for people in, say, Sydney or a Melbourne location, for example, with a quieter, more relaxed lifestyle to enjoy? Well, it turns out that there is a place in Melbourne.
How has infrastructure development impacted property values in coastal areas?
Greg Sherwinsky from Ray White is there this morning on the streets, taking in the water view and relaxing with a morning coffee, really just watching the world go by. Good morning, Greg. Welcome to the Real Estate Podcast. Good morning. How's the coffee? Yeah, great. Been for the morning run here along the beach. We got a beautiful day here, sunny, light breezes, flat water. Yeah, running along the beachfront this morning was awesome. Boats are out fishing, having a coffee before I get into the day. Yeah, okay. Well, you better tell our listeners where this location, this coastal location is. Well, we're 25 kilometres south-southeast from Melbourne, so an easy commute into the city. Nice little harbour as well, fishing boats, all that sort of stuff, but easy commute into the city. Yeah, we're super popular at the moment.
And I'm guessing that this is a bit of a well-kept secret from people living interstate, or has the secret managed to escape and filter out, Greg? I think given the demand we've got at the moment, we've seen some softening around Australia on markets at the moment. We haven't. We've sort of got limited stock and still got high demand. I would think maybe the secret has got out. Yeah, OK. And a few days ago I was talking about the importance of infrastructure and how valuable it is if you can get ahead of anything valuable in the way of roading, schooling, different amenities. And it turns out that last year in your area you had a freeway, a nine kilometre bypass between Clayton and Frankston. So what sort of a difference did that make in terms of property values?
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Chapters
5 chapters
1
What are the challenges of coastal living affordability near Melbourne?
0:00β1:59
2
Which coastal locations near Melbourne offer affordable living options?
1:59β3:53
3
How has infrastructure development impacted property values in coastal areas?
3:53β5:57
4
What lifestyle changes have influenced the demand for coastal properties?
5:57β7:36
5
Where exactly is the hidden gem for affordable coastal living near Melbourne?
7:36β10:02
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