Alexandra View Condo
According to a December 9th report by Prosper Australia, it seems that the three year property boom experienced by Australia has left Melbourne with an abundance of empty housing. Growing numbers of absentee overseas owners and local landlords in the 2nd biggest city of this country have simply locked up their properties, choosing to relinquish their Redhill Tang Group of Companies Condo rental incomes while they turn their focus on price gains instead.
Alexandra View Condo Real Estate
The report stated that around 4.8% of the total housing stock for the city, or around 82,724 properties, look to be unused. The estimation of these occupancy rates are based on gauging use of water.
Prosper shared that ¼ of all homes in the worst hit Tang Skyline Alexandra View Condo areas are empty.
Prosper Australia is a research company based in Melbourne who has been lobbying for housing that is more …
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