Wollert named among Melbourne’s best-performing real estate markets.


Wollert named among Melbourne’s best-performing real estate markets

The Real Estate Institute of Victoria recently included the Wollert in its metropolitan Melbourne top 10 growth suburbs for annual price increases.

Wollert was named as Melbourne’s second best-performing market in the past year, with a median price of $605,000 as of March, 2019, up 7.6 per cent from March, 2018.

REIV president Robyn Waters said the outer suburbs were maintaining their popularity among home buyers because they provided options for families.

“In suburbs like Wollert, you can still secure a great family home for less than $600,000, which is attractive to potential owner-occupier and investors,” she said.

Overall, Melbourne’s media house price fell 1.4 per cent to $793,000.

This news is unlikely to come as a surprise to Aurora residents who have been attracted to the area because of its great lifestyle benefits; with plenty of established amenity on offer, a vibrant and active community and the convenience of being only 25kms to Melbourne’s CBD.

If you haven’t already made the choice to call Aurora home, why not explore some of our great house & land package options for under $600,000.

Source: Star Weekly