Bit of a long winded post... hope you can bear with me! I've been doing a lot of research recently around property in the inner west, and i'm wondering what people think about whether the inner west will eventually "catch up" to the inner north's property prices. I realise you can't compare inner west with inner south-eastern suburbs for a range of reasons and i'm under no illusion that Footscray will ever be in the same ball park as a suburb like, for example, kew or hawthorn - BUT, I do feel like inner western suburbs could be compared with inner north suburbs - which 10, 15, 20 years ago were considered dodgy, rough and not at all desirable. I think the northern suburbs still retain a lot of the grittiness that they once had, they aren't necessarily beautiful, picturesque suburbs like south eastern suburbs - but they are close to the city, have undergone gentrification and as a result highly sought after (stop me if i'm over-simplifying that!) . My dad loves to tell the story that when he was growing up in Melbourne people didn't want to go anywhere near suburbs like Fitzroy, Brunswick, Northcote - even Carlton! Currently there is still a pretty big discrepancy between inner west and inner north (see my comparison below) and i'm interested into peoples opinions as to whether they think that will eventually close ? Or am I missing other big draw-cards to the inner north that the inner west might never catch up on ? INNER WEST -- FOOTSCRAY 6.6km from CBD 4km from Highpoint 3 bed houses Annual Growth – 5% Median – 760k Median Rent – 450 pw Yield – 3.1% Demand – high Cashflow - $609pm negative -- WEST FOOTSCRAY 8.6km to CBD 3.2km to highpoint 3 bed houses Annual Growth – 6.7% Median – 748k Median rent – 420pw Yield – 2.9% Demand – high Cashlflow - $698 negative -- MAIDSTONE 10.5km from city 1km from Highpoint 3 bed houses Annual growth – 4% Median - $670k Median Rent - $400pw Yield– 3.1% Demand – average Cashflow - $523pm negative INNER NORTH -- NORTHCOTE 8.1km from CBD 5.4km from Northland 3 bed houses Annual growth – 6% Median – 1.14 million Median rent - $620 pw Yield – 2.8% Demand – high Cash flow - $1147 pm negative -- THORNBURY 10km from CBD 3.7km from Northland 3 bed houses Annual growth – 9.9% Median – 1.11m Median rent - $550 pw Yield – 2.6% Demand – high Cashflow - $1337pm negative -- COBURG 13.3km from CBD 10km from Highpoint 3 bed houses Annual growth – 6.1% Median – 838k Median rent - $480 pw Yield – 3% Demand – high Cashflow - $740pm negative Thoughts?