According to Domain, location selection is the most important consideration when buying a home. Choice of urban areas, not only conducive to real estate value-added, but also enjoy a better way of life.
New developments, infrastructure upgrades and demographic changes can change the attractiveness of a city to investors and self-help owners.
Several real estate experts have listed their most bullish urban area of Victoria this year.
Chertenham (Cheltenham)
Located 18 kilometers southeast of Melbourne, the city recently caught the attention of shrewd investors and developers. This is largely due to the Kingston (Kingston) Congress's plan for the city's next five to 10 years.
Pabst (Greville Pabst), chief executive of WBP Real Estate Group, points out that Chertenham is changing. The main street, (Charman Road), has revived in the past five years, attracting many trendy cafes and restaurants.
Last November, the opening of a new railway station at (Southland) Shopping Center in Sutherland attracted buyers' interest in the city.
(Thomastown), Tomas
The city is 16 kilometers from Melbourne, with a median price of A $612250, which is more affordable. If in the south or east, the same-class urban area is more than 40 kilometers from the city, so first-time buyers are concerned about it.
Valentik (Frank Valentic), a buyer's agent at Advantage Property Consulting, a real estate consultancy, said Tomas was in the middle of a transition.
In 2011, the reconstruction of the railway station near (High Street) prompted many cafes and shops to enter the street.
In addition, the second phase of construction of the northern hospital (Northern Hospital) is under way and is expected to be completed in 2021. The infrastructure will boost the boom in the city's housing market, which began this year at the start of the upgrading of Metropolitan City Road (Metropolitan Ring Road).
Craig Ben (Craigieburn)
Craig is Melbourne's oldest emerging city, part of the traditional construction was built in the 1970s and 1980s, there are many newer sub-urban areas do not have the infrastructure. The median price in the city is A $ four hundred and fifty three thousand nine hundred and ninety nine, half the median in Melbourne, making it more affordable for young families and first-time buyers.
Pabst pointed out that public golf courses, the new water sports center and three shopping centres all make the city more attractive.
In addition, to the airport and the inner city of convenient transportation, but also the advantage of the city.
In addition, a short drive along the Hume Highway (Hume Highway) allows you to enjoy a variety of lifestyle and coffee culture at (Sydney Road), Sydney Road, (Brunswick), Brunswick.
Armstrong, Crick, (Armstrong Creek).
The city is located 11 km south of Gillon (Geelong) CBD, with a median price of A $ four hundred and sixty thousand.
Potter (Anna Porter), founder of Suburbanite, an investment advisory firm, favours the Gillon region of Victoria. While prices in urban areas closer to the center of the city are still more affordable, newer cities like Armstrong Creek have more opportunities for investors and homeowners. Buyers can buy a nearly new 3-bedroom stand-alone house in the city for only about A $ four hundred thousand.
As the city's infrastructure is still under construction, new schools, stores, and rail lines will expand in the future, so Porter suggests buyers can buy homes here for a medium-and long-term investment.
