Reporter: Charm Nojas

'Melbourne Real Estate Properties Remain Empty Despite High Housing Demand

Aspiring homeowners and victims of urban sprawl, be prepared for the upsetting truth behind the houses you are clamoring to get your hands on. A new report indicated that about one in five investor-owned properties in Melbourne are actually unoccupied. It revealed that "hipster areas" such as Brunswick have more than 2,000 empty houses annually.
Real Time Analytics