VIC feedback on Vermont, wantrina

Hi there,

doing some research on Melb east area for main residence. keen on areas like vermont, v. south, wantrina, w.south, bayswater....looking for 4, 2, 2 combination in good school zone (wantrina college, v.secondary) approx budget is around 780k....

wondering any of you guys are following this market, or living there and can get some feedback on the market condition. any particular pocket is better than the other..i gather market here has moved from last 2-3 yrs dramatically...wondering if 780k budget will do...any BA recommendation for this area...

cheers

 

We settled on ppor in Knoxfield last december so bit of an idea of the area.

I think you might find it hard to get a 4 bedder in most of those areas for that budget, wantirna & vermont (& respective sth's) that's actually lower end 3 bed prices now. Bayswater would be the exception though it has moved significantly in recent years also.
That's in regards to houses, if talking townhouse's then obviously much more choice.

Haven't followed the market too much since moving in but ask away & I'll answer where I can

 

I've been in the area for 32 years. Last 18 months prices have jump a few hundred thousand.... Still good buys around though. I'd stay away from Bayswater for ppor, 95% of Wantirna and Wantirna south are very good.

If you can buy in Wantirna south between high street and Burwood Hwy or in Wantirna between Burwood Hwy and BORONIA road that would be your best bet.

 

Thanks for that. I've not spend much time on opens (2 weeks to be specific) yet this looks challenge for sure espcially in vermont. lot of stocks coming as well. good school is our priority for
this change hence the selection of vermont & wantrina college. can you give us some feedback on knox area schools (scoresby secondary & fairhills) based on your understanding. Knox was in our list but we excluded that mainly due to school scores (i think). we've noticed some of the properties going around similar range also wat's public transport to city like given no
direct train lines to city....

 

This one crossed the list. mrs rejected due to electric cooking.

3+ study can do for us however looking at the size of atleast 600+. that rules most of the townhouses out and prefer single storey given ageing parents. don't mind buying little bit rundwon property and do a bit of work as we go along.

Y man any buyers agent you know servicing these areas....appears off market opportunity is our best bet in this budget as once it hits the market crazy prices are being paid.

 

Thanks Timmy. Those pockets you've mentioned are absolutely where we started. vermont i've noticed is quite hard in this range even run downs or private sales but wantrina looks to be bit different. I think off market is our best bet in this budget as once it hits the market we looking at some crazy prices.
bayswater was only added into list as we find out some of the bayswater area falls in wantrina college catchment (yet to be confirmed). vermont secondary & wantrina is driving most of our decisons right now.

 

Sorry not much info on the schools, I attended fairhills but that was a while back now! Our little guys 2 so wasn't a big factor for us. Like you wanted 4 bed house ideally on larger block, had similar budget to yourself & after a few months of opens & auctions this is where we ended up.

 

I should. by default i take that if someone has electric cooking then there is no gas connection available.
I wonder why would someone not have cooking on gas if it's available. Saying that i did notice on few houses have gas ducted heating but electric cooking.

 

I thought, she's running property management business.....are they BA as well...

 

Hi The Y-man, just want to ask what does it mean in s32 when it mentions utilities (for an example the gas) is not connected?

Does it mean that the Vendor decide to stop gas service (as the property is currently vacant) OR is there no gas connection at all into the property?

The property has a gas meter, stove gas, gas ducted heating, but I assume they just disconnect the gas as the property is currently vacant and up to sale.

I read somewhere it cost roughly $10,000 to connect the gas. I thought it is just as simple as calling the gas provider.

Thank you,

Ben

 

Could be running electric cooking with solor pannels so mite be cheaper then gas maybe just a thought

 

My parents’ house is like that. Goodness knows why. For me that is an instant dealbreaker!

 

Depends on the type of electric cooking . We do have gas supply to house but when we renovated kitchen we put in a great electric (induction) cooktop - it’s seriously good and although originally I had my doubts, have found it just as good if not better than gas. Modern electric induction cooktops are not inferior to gas. They have come a long way. I’m a convert.. The gas supply is always there in case anyone wanted to change again in future.