Best Suburb In Melbourne

Hi Rob,

Looking at history and taking into acount the population increase and the shortage of new land in inner Melbourne, I would say suburbs like Collingwood, Thornbury, Fairfield.
I have a friend that has 40 properties in these suburbs.

Regards
Frank

consider bayside suburbs.

They have Great lifestyle.

With only $400k you might have to go out a bit from the city centre.

Mornington, you could get a 3-4 bedroom house on a big block with $400k and be within 1 block of the beach. Great fishing, great cafe culture, close access to wineries and all the benefits of the mornington peninsula. It is an up and coming trendy area too.

New freeway due to be completed next year will also boost the access to the rest of Melbourne.

Lifexperience

East Brunswick, as close as possible to Merri Ck, so you have access to plenty of open space, unlimited bycicle/walking tracks etc. A short tram-ride to the city, walkable if you find yourself [confused2] and broke. If you’re lucky you might pick up a 3br unloved ‘period home’ in your range…

My 2c,
F.[cowboy2]

Biased aswell, but here goes.

I live wheelers hill, just near glen waverley.

Glen waverley has been growing rapidly. Houses in the past few years have been moving constantly up. Due to a few factors i believe.
– Safe railway network, 35-40min to flinder st. Many buses aswell depart from the station.
– Very good highschool continually doing well and recieve some of the highest government funding (Glen Waverley and Brentwood). Glen Waverley’s high school zoning attracts high amount of families wanting to live in the zone inorder to get into the school. The highschool attracts lots of asian students with significant amounts of money willing to pay any price for the kids to get into that school. This seriously does happen.
– Reletavily new massive hotel/cinema/restaurant complex (century city/novotel)
– Recently upgraded “the glen” shopping centre.
– Near monash freeway. 15min to eastern freeway.
– 5 minute drive to Monash University (clayton campus).
– 10min drive to Homesglen Institute of Tafe (Warrigal rd campus), 5min for Waverley rd campus)
– Reputable council (monash)
– Very safe community (in my opinion)

As i said earlier though, i live in Wheelers Hill just next to glen waverley, i believe glen waverley though has greater prospects and a broader market due to its transport/shops features.

Hope this helps,
Dave

Thanks for the reply blogs

Those traffic figures are times in non-peak traffic and i believe are realistic. For peak periods double them. I agree the traffic is bad in peak hours, mainly before and after school.

I haven’t been to Edge Water. I have heard a lot of people talk about the up and coming western suburbs. I rarely travel to the west side so I a can’t really give an opinion.

Glen Waverley and surrounding suburbs has seen significant growth recently so maybe they are overpriced, who knows?

If anyone else has an opinoin in regards to this area, please post it.

Cheers,
Dave

i think glen waverley is well poised to take advantage of the immigrating population. School zone is a big factor.

Frankston Highschool zoned houses too. Get a huge house here for $400,000

Lifexperience

For my 2c worth – McKinnon area; I was priced out of investment property much due to its great public school.

Comparing 2004 and 2005 VCE performances of schools, McKinnon SC is way ahead of that of Frankston HS (great facilities though) and actually knocked Glen Waverly SC off its perch two years in a row.

CT

Hi,
We are looking at buying around Burwood/Box Hill South at the moment. If you’re into developing you could pick up a old house on a subdiviable block that you could build a house on the back or completely develop later on if you wanted to. Box Hill south has reasonable size blocks and there are lots of examples of what could be done if you drive around the area. Especially the parts of Burwood and Box Hill that border Camberwell, Glen Iris and Surrey Hills as they have all had good growth over the last 12 months.

Therese