VIC Where to buy PPOR @ $900k

A decent townhouse in the Viewbank College zone which covers both Banyule and Viewbank Primary costs slightly less 800k. Most recent sales for decent houses in Viewbank and Rosanna, speaking of properties in the zones, have been 950k+. There were opportunities in the small part of Yallambie that is in the zone, but they are also getting a bit pricey.

 

I had been monitoring the area from Sep 18 to June 19 and almost pulled the plug on a number of occassions between Mar 19 to June 19. During that period, you can get a really good house 3-4 beds 2 bath 2 car in the area for $900k-$1mil or even less.

4 Crawley Court, Viewbank
Sold 4 Crawley Court, Viewbank VIC 3084 on 22 Jun 2019 - 2015303460 | Domain

34 Eamon Drive, Viewbank
Sold 34 Eamon Drive, Viewbank VIC 3084 on 13 Apr 2019 - 2014967362 | Domain

176 Beverley Road, Rosanna
Sold 176 Beverley Road, Rosanna VIC 3084 on 14 Jan 2019 - 2014690243 | Domain

We fell in love with this one but it was slightly over our budget. Beautiful home with full of characters.
19 Winston Road, Viewbank
Sold 19 Winston Road, Viewbank VIC 3084 on 14 Jun 2019 - 2015323951 | Domain


Now you need to pay 10% more. A remarkable change. At the end, decided to buy in another area due to Mrs's preference even though I really love the leafy quiet streets in Viewbank.

 

Just thought to reply to this as am from north east too.

Banyule definitely stands out.

However there are three schools in Greensborough now at par with Viewbank Primary. They are Apollo, Greenhills, and Watsonia Heights

 

yes, they are decent from what I have heard. I should clarify, I meant viewbank college not viewbank primary school.

FWIW, OP, no point looking in Rosanna or Heidelberg with your budget, unless you are happy with a townhouse. But you should be able to get a nice house in a big block in Eltham and maybe an older one in Montmorency.

 

Going by the score, Eltham East Primary is at par with Banyule. Montmorency South Primary is good too!

 

well, clearly my posts must have gone viral, the median for rosanna has shot up to 1mill in the space of two weeks, Eltham still only at 925K
Rosanna Property Market, House Prices, Suburb Profile & Investment Data
Eltham Property Market, House Prices, Suburb Profile & Investment Data
Maybe if i keep "trolling", rosanna's median will be 2mill by xmas

 

Where to buy with almost a mil?
Simple...it must be brisbane.
Read my other posts on should we give up on brisbane to find out why....

 

For those not sure how to avoid those that continue to post adding little to no value or just a simple way to avoid trolls,
- as per the image above, select the username and ‘ignore’

Thankfully there are few users on this site that require this.

 

no one likes being shown to be completely wrong..even in the online world..I get it..no hard feelings.

 

Update:
Have been going to Bundoora, Rossana, Macloed and Viewbank for inspections and the suburbs look good so far. Plus are train stations and public transport connectivity. Will be going to a few auctions soon.

Visited an auction in Cheltenham just to spectate and an older house (needs some TLC) went from expected 860-900k and sold at $1060k.

As you can see, I am still a bit indecisive on the suburb, but will be doing rounds of open homes and spectating auctions to get a feel of the price and demographic of people I am competing with.

Any suggestions welcome.

 

Bundoora, Rossana, Macloed and Viewbank are all good. You can stretch to some pocket of Greensborough too. Make sure you check the North-East link project. The market in the area is currently drive by OO. Account for 20% more of what listed, doesn`t matter what the REA says.

 

2/5 Jolliffe Crescent, Rosanna, Vic 3084 2/5 Jolliffe Crescent, Rosanna, Vic 3084
This sold for 928, actually a decent buy given the location

 

Check out Montmorency and Briar Hill, both just a bit east of Bundoora/Macleod.

 

Thanks mate. How do I check what streets are affected by the project?

 

Not sure if it is. I am after a house on a bigger component of land. I saw a few good houses listed around that prices. It may sell for more than listed price though as Luca mentioned above.

 

Thanks hdb. I am trying to gauge the pros and cons of the northern suburbs mentioned to the South eastern surrounds of Cheltenham.
Initial days tells me the Cheltenham surrounds will be more expensive

 

People will pay a premium for location, you won't get a house in the good parts of Rosanna or Heidelberg for less than 1.2

 

Any feedback on the Macleod college? Also, which one would you chose between Macleod and Greensborough?

 

If you are still looking, check out some new stock in Viewbank like https://www.realestate.com.au/property-house-vic-viewbank-133483022

It's the best public secondary college in that area