VIC Melbourne Property Market 2024

Discussion in 'Where to Buy' started by Properwin, 4th Jan, 2024.

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  1. Amber83

    Amber83 Well-Known Member

    Joined:
    14th Aug, 2015
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    156
    Location:
    Victoria
    Yes it’s melbournes biggest suburb
    But it doesn’t take long to get around in it
     
    Amber83, 20th Apr, 2024
    #861
    VB09 likes this.
  2. Triton

    Triton Well-Known Member

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    8th Sep, 2017
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    Vic
    Triton, 20th Apr, 2024
    #862
  3. Frosty123

    Frosty123 Well-Known Member

    Joined:
    12th Nov, 2015
    Posts:
    244
    Location:
    VIC
    This is a very biased forum.
    A lot of inner North fans in here.
    A lot of families with children would much rather live in the Outer East with a backyard than having wine bars at their door step
     
    Frosty123, 20th Apr, 2024
    #863
    Rambo, Elives, KDP and 9 others like this.
  4. The Y-man

    The Y-man Moderator Staff Member

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    18th Jun, 2015
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    Melbourne
    People have asked for opinions - not unbiased advice.

    The Y-man
     
    The Y-man, 20th Apr, 2024
    #864
    Elives, andyboiii, Chris21 and 4 others like this.
  5. Silverson

    Silverson Well-Known Member

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    11th Jun, 2016
    Posts:
    1,165
    Location:
    Melbourne
    If I was buying for future growth as a % I’d be going as follows. (In order)
    Oakhill (Regent/Reservoir)
    Fitzroy North/Carlton North
    Thornbury
    Northcote.

    As a fyi, Oakhill just cracked another 2m + sale today, Queen Street, 2.515m
     
    Silverson, 20th Apr, 2024
    #865
    MTR, LexF and Nobody like this.
  6. Traveller99

    Traveller99 Well-Known Member

    Joined:
    22nd Jun, 2015
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    760
    Location:
    Settled
    Traveller99, 20th Apr, 2024
    #866
  7. igor1234

    igor1234 Well-Known Member

    Joined:
    26th Sep, 2016
    Posts:
    1,693
    Location:
    sydney
    u have analysis paralysis. buy stand alone house 2 suburbs away. buy me bottle of grange in 5 years.
     
    igor1234, 20th Apr, 2024
    #867
    Daniesaurs likes this.
  8. Confusedbuyer11

    Confusedbuyer11 Well-Known Member

    Joined:
    18th Mar, 2021
    Posts:
    56
    Location:
    Melbourne
    Melbourne auction clearance rate is showing as 68% for 20th April, last year it was 65% same time. Hope it picks up slowly this year.
     
    Confusedbuyer11, 21st Apr, 2024
    #868
    Zyzz and Nobody like this.
  9. Swuzz

    Swuzz Well-Known Member

    Joined:
    30th Aug, 2017
    Posts:
    219
    Location:
    Melbourne
    Interesting that average auction sales is $1.16m whereas average private sale is $823k (ave not median)
    REIV - REIV Auction Results and Property Market Insights
     
    Swuzz, 21st Apr, 2024
    #869
  10. Amber83

    Amber83 Well-Known Member

    Joined:
    14th Aug, 2015
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    Location:
    Victoria
    not everyone buying houses are “families” though. Plenty of families living in inner north though. I didn’t mention wine bars…I said a lot going on, for kids too. Lots of parks, nature, pools, recreational activities. Not just a vibe for single twenty something year olds. Plenty of backyards too!
    i think you over interpreted my post! Its never as black and white as you think
     
    Amber83, 21st Apr, 2024
    #870
    Nobody likes this.
  11. Swuzz

    Swuzz Well-Known Member

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    30th Aug, 2017
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    Location:
    Melbourne
    Not much love for south, south east, Bayside here?
     
    Swuzz, 21st Apr, 2024
    #871
    KDP and OnTheMarket like this.
  12. GT21

    GT21 Well-Known Member

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    20th May, 2020
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    Location:
    Melbourne
    Croydon's town centre has some great restaurants and cafes, a cinema, train station (with level crossing about to be removed, Coles, Aldi, Maroondah Hospital (one of the States largest), two public swimming pools, two very good public high schools and two top end private schools. Also a 5min drive to Eastland which has a great piazza, cinemas, bars etc etc. Leave the inner north hipsters to themselves :D
     
    GT21, 21st Apr, 2024
    #872
    VB09, Chris21 and Traveller99 like this.
  13. Chris21

    Chris21 Well-Known Member

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    11th Jul, 2021
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    Location:
    Sydney
    Which parts are preferable?
     
    Chris21, 22nd Apr, 2024
    #873
  14. paulF

    paulF Well-Known Member

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    28th Jun, 2015
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    2,117
    Location:
    Melbourne
    Plenty of threads about reservoir from memory, such as the one below ... Search box on the top right of the screen...

    Reservoir
     
    paulF, 22nd Apr, 2024
    #874
    Chris21 and Nobody like this.
  15. The Fons

    The Fons Active Member

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    Location:
    Australia
    What are the two very good public high's that Croydon is zoned for? Hope the answers isn't Croydon Community College :p
     
    The Fons, 22nd Apr, 2024
    #875
    Optimus likes this.
  16. The Y-man

    The Y-man Moderator Staff Member

    Joined:
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    Location:
    Melbourne

    Been a while since I looked their (prior to new station build) - we ended up buying in Epping and Lalor. Best to chat to someone who lives there - eg @Amber83
    In addition to that - "walk the streets" so to speak.

    IMHO you have the southern area bordering Preston up to Rezzy station as one type of market (smaller more established blocks), the area east of High as more a Bundoora feel (quite big blocks), and then the area north of the station west of High (Ruthven) which is more a Lalor/Thomastown feel (big blocks too).

    The Y-man
     
    The Y-man, 22nd Apr, 2024
    #876
    Chris21, Nobody and andyboiii like this.
  17. ANHgal

    ANHgal Well-Known Member

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    3rd Sep, 2022
    Posts:
    93
    Location:
    Melbourne
    when did you buy in epping and lalor?
    thanks
     
    ANHgal, 22nd Apr, 2024
    #877
  18. The Y-man

    The Y-man Moderator Staff Member

    Joined:
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    Location:
    Melbourne
    2013

    They are the "Outer north" ones referred to in:
    Hi from The Y-man

    They aren't that "outer" any more :)

    The Y-man
     
    The Y-man, 22nd Apr, 2024
    #878
    paulF likes this.
  19. GT21

    GT21 Well-Known Member

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    20th May, 2020
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    Location:
    Melbourne
    Melba College, Yarra Hills. Croydon Community College is a specialist school similar to Templestowe High. No need to be smart arse...
     
    GT21, 22nd Apr, 2024
    #879
  20. The Fons

    The Fons Active Member

    Joined:
    29th Jan, 2024
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    Location:
    Australia
    Sorry mate, wasn't trying to be. Grew up in the area and was certainly not aware of any decent public high's. Ringwood Sec always had a good rep, but small catchment zone. Great to see things have improved in the area.
     
    The Fons, 22nd Apr, 2024
    #880
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