Ep 124. Californians Find out First Hand Why Melbourne is one of the Priciest Places to Live

In this episode of House Hunters International Season 28, viewers are taken on a journey to Melbourne, Australia where Californians are looking to find a new home. The episode starts with an introduction of the city of Melbourne which is known for its high living costs, beautiful scenery, and a bustling city life.

The episode follows a couple from California who are starting a new chapter in their lives and moving to Melbourne. The couple has chosen Melbourne due to its vibrant and diverse culture, access to various outdoor activities, and the opportunity for them to start their own business.

The couple is in search of the perfect home that will fit their needs and budget. They are looking for a property that has a spacious living area, a great outdoor space, and proximity to the city center. The couple's budget is also a factor in their search as they want to find a property that offers them the best value for their money.

As the couple begins their house hunt, they quickly realize that Melbourne is one of the priciest places to live. The real estate market in Melbourne is highly competitive, and properties get sold quickly, making it challenging to secure a desirable property. The couple must hustle and make quick decisions if they want to find a home that suits their needs.

Throughout the show, the couple is shown a variety of properties that meet their specifications, but they all come with a hefty price tag. The couple visits properties ranging from modern apartments to luxury homes, and they are impressed by the diverse range of real estate options available.

As the episode progresses, the couple faces challenges in securing a property. The real estate market in Melbourne is so competitive that they must act quickly to secure a property before it’s off the market. The couple is seen making several offers on properties, and they keep getting outbid by other buyers.

The couple gets a better understanding of the real estate market in Melbourne and the factors that contribute to the high living costs. They learn that Melbourne is a popular destination for international students and expats, leading to high demand for properties. The couple also learns that the strict building codes and regulations in Melbourne also lead to the high construction costs of properties.

Even though the couple faces several challenges in their search for a property, they don't give up and keep searching for the perfect home. They eventually find a property that ticks all their boxes and falls within their budget. The couple's dream property is a spacious apartment that is centrally located, offers stunning views of the city, and provides access to various outdoor amenities.

In this episode, viewers get an in-depth look into the challenges of buying a property in Melbourne, Australia. They get to see the city's diverse real estate offerings, the competitive market, and the high living costs. The episode provides a detailed overview of the real estate market in Melbourne, giving viewers a better understanding of what it is like to buy a property in one of the priciest places to live. Overall, this episode is an interesting watch for anyone who wants to learn more about the Melbourne real estate market.