What a transformation this suburb/area has had in the past 10-12 years, and with what's going on in Knoxfield area it will only continue and even pick up steadier CG, still a great pocket in Knoxfield to be snapping something up for decent prices. Same goes for Bayswater. These two suburbs that are located between or in the close vicinity of both Ringwood/Ringwood East and Knox will be in for some serious growth in the next 5-10 year's. One side you got the new Westfield shopping center revamp in Ringwood being finished/Costco etc huge money being invested in Ringwood/Ringwood East areas at the moment, then other side you got the new massive expansion happening to Westfield in Knox coming up. Huge pool of schools to pick from, hospitals/medical centers, public transport, infrastructure, strip of shops everywhere and anywhere, cafes/restaurants galore, TAFE and other education institutes. Even read somewhere a while ago that IKEA is planning to open a new store in Melbourne soon and Maroondah, more specifically Ringwood is one of their shortlisted suburbs. Just to put it into perspective, in 2004 when we moved down to Australia from Sweden a family friend purchased a house on a 1100sqm block of land in Boronia, walking distance to train station, and all other amenities. Purchased it for 305k, and got rid of it in Dec 2014 for $815k (biiiigg mistake, he absolutely regrets it after i told him about the information below). Because i always have my eyes on Boronia/Bayswater areas etc. I found out, that property just sold again a bit over a month ago for roughly 1.48million with permits approved for 9 units. Dec 2014- $815,000 >>> March 2016- $1.48million = $665,00 in 16 months obviously not taking into consideration expenses for gaining permits, costs of selling/purchasing etc. Still would have made a huge chunk of profit in that 16 month period that smart cookie who ever picked up the property in 2014 from our family friend. Even the socioeconomic feel of these suburbs have begun changing at an increased pace, 10 years ago and still clearly visible in certain pockets of these suburbs Boronia/Bayswater remain for lack of words "scummy", but that will change 100%. Bayswater is in my opinion going to be the strongest grower in the next 10 years out of the two. Prediction is this whole area, Boronia/Bayswater will be absolutely unrecognizable in the next 5 even from what it used to be in circa 2004. Out of Maroondah/Knoxfield suburbs, Bayswater/Boronia/Chirnside Park/Croydon/Mooroolbark etc are the ones that pop into mind still with very decent buy in prices available with plenty of growth left. Anyone on here from Melbourne looking into or in the midst of picking anything up in Boronia/Bayswater or the areas surrounding it? .