08/10/2026
Buying the right apartment in Melbourne comes down to three things: where it is, what it is and the price you pay.
Melbourne is a sprawling city, so accessibility is critical. The new Metro Tunnel stations will reshape how people move around the city. Buy within walking distance of one, and a much larger part of Melbourne becomes easily accessible.
But most people don’t necessarily want to live in the CBD—they want to live close to it. That is why the precincts on the city fringe continue to perform: Fitzroy, Collingwood, South Melbourne and North Melbourne.
Then there is the apartment itself.
At least two bedrooms and two bathrooms. Good natural light. A protected outlook that cannot easily be built out. A functional floor plan and genuine owner-occupier appeal.
Finally, price.
Even an excellent apartment can be a poor investment if you overpay. We look for apartments priced well below what it would cost to build the same property today, providing an important layer of protection against future supply and replacement costs.
Get the location, the apartment and the price right, and you eliminate many of the risks that cause apartment investments to underperform.