When it comes to Buying a Property with Your Super, there are no guarantees. But there are strategies that can be put in place to increase your chances of success. Research is the key, and you can start by looking at past sales and local property market trends.

It’s also important to consider rental demand and yield, as these are the key determinants of financial viability. If you are planning to rent out your property, it’s crucial to research suburbs with good access to employment and amenities, and that have a history of strong growth in rents.

Investor sentiment has deteriorated over the past two years, with buyers reluctant to purchase in expensive inner city areas. And as a result, landlords are selling their investments, leading to weakening prices. Sahil Bhasin, co-founder of Bricks & Mortar RE in Melbourne’s fashionable Fitzroy North suburb, says six investors on his rent roll have decided to sell their homes over the last week.

Unlocking Potential: The Melbourne Investor’s Handbook for Property Acquisition

Changing lifestyles are also driving shifting market trends. Single-person households and families without children are increasingly favoring medium-density inner-city or waterfront apartment living. These suburbs provide excellent access to the CBD while offering family-friendly facilities and a good quality of life.

However, the city’s inner suburbs have become oversupplied with new developments – mostly apartments – and the market will likely struggle to absorb their high price tags. So buyers need to look beyond the glossy brochures, focusing on suburbs with strong rental demand and low vacancy rates.