In an era of high-rise developments as a response to population growth there is a phenomenon that oversees the development of suburban character to increase liveability and transform the demographic of Melbourne Suburbs. This is, the phenomena of Gentrification.

You may have heard the subject being thrown around in the national and global political realm, as politicians have discussed and debated with each other, and with the people, the pros of cons of such a scheme.

However, in the real estate world gentrification has already begun and in pockets of Melbourne’s south-east, north-west, western regions and rural areas, the transformation of demographic and neighbourhood character is undergoing change as we speak.

The status of property development is of high importance as Victoria welcomes hundreds of new residents every year. Through the lense of property development, gentrification is a wonderful opportunity for investors to be at the forefront of the age of infrastructural transformation.

Transformation, however, doesn’t stop at infrastructure it influences the demographic, psychographic and socioeconomic factors of each developing geographical area. In essence, gentrification is a doorway for hardworking Australians to build or create an asset base that will benefit them financially as real estate follows the natural process of increasing in value over the next decade.

So, how does this benefit you?

Walker Real Estate International have done the work for you and we are proud to network with upright and dependable builders who specifically service these areas of growth and development.

As an investor in partnership with us, we can speak to you on current developments, off-the-plan developments or if you’re new to property investment we can help guide you through growth areas that will both benefit you in the long run and help you confidentially take that first step.

Our agents are ready to help you. Call 1300 963 552 to start that conversation with us today.

We can also source more information for you, if you’re interested in reading up on gentrification in Melbourne.