Historical Price Analysis The suburb has experienced four distinct market cycles with compound annual growth of 6.4% for houses and 5.2% for units, outperforming Melbourne’s western region average while maintaining relative affordability compared to metropolitan Melbourne. Long-Term Price Trajectory (1995-2025) 30-Year Performance Metrics: Market Cycle Analysis Cycle 1: Pre-Boom Period (1995-2003) Cycle 2: First Growth … Read more
Based on median house prices, Melbourne’s cheapest suburbs included: Historical Appreciation Patterns (2000-2024) General Trends Specific Suburb Performance Western Suburbs (Melton, Werribee cluster) Northern Suburbs (Dallas, Broadmeadows cluster) Key Growth Drivers Comparative Performance While these suburbs showed strong percentage growth due to their low starting bases, in absolute dollar terms the gains were less than … Read more
1. Toorak 2. Brighton 3. Canterbury 4. Deepdene 5. Kooyong 6. Hawthorn 7. Malvern 8. Armadale 9. Albert Park 10. Balwyn North Key Historical Trends Across These Suburbs
Point Piper This harbor-side enclave has seen extraordinary growth, with median house prices increasing from approximately $3.5 million in 2000 to over $40 million by 2023. The limited supply (fewer than 150 houses) combined with prestigious waterfront locations has driven consistent 10-15% annual growth during boom periods. Notable sales include properties exceeding $100 million, making … Read more
Buying a property in Melbourne can be an exciting but complex process. Here’s a detailed buyer’s guide to help you navigate the Melbourne real estate market: 1. Determine Your Financial Position And Borrowing Power: 2. Narrow Down Your Property Needs: 3. Research and Property Inspections: 4. The Buying Process: 5. Settlement: Key Considerations: Other Useful … Read more