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Insights Hillside 3037: A tiny suburb on the rise

Hillside 3037: A tiny suburb on the rise

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A small suburb 24km north-west of Melbourne’s CBD, Hillside is tucked within Brimbank and Melton local government areas.

Formerly part of neighbouring Sydenham, it features undulating streets lined with plane trees that were planted during the area’s early farming days.

A large water tower, known as The Golf Ball, is a major landmark that can be seen from several kilometres around.

Hillside recorded a population of 17,056 at the 2016 Census and includes young and older families, professional couples and retirees.

In June 2021, it was considered a high-demand market with 1077 visits per property listing, according to realestate.com.au.

There were 26 properties available for rent and 28 properties for sale, while the median property prices ranged from $700,000 for houses to $521,000 for units.

Houses leased for $400 per week with an annual rental yield of 3 per cent, while units rented for $370 per week with a rental yield of 3.7 per cent.

Based on five years of sales, Hillside experienced a compound growth rate of 7.4 per cent for houses and 7.1 per cent for units.

Barry Plant agents described it as a thriving multicultural suburb with established infrastructure, good schools, and easy access to shops and transport.

A diverse range of homes spread across a variety of estates, including Cypress Rise, Banchory Grove, Parkwood Green, Bellevue Hill, Sugargum, Hillside 2000 and Regency Rise.

“First-home buyers and investors to second and third-home buyers will find what they are looking for in Hillside,” a Barry Plant agent said.

“There are little homes on smaller blocks or larger homes on bigger blocks ranging from 2000sq m to 6000sq m.”

Homes sold for an average $700,000-$800,000, with prices from $450,000 for a unit to $1.6m-$2m for a luxurious house on a larger block, the agent said.

Residents have shops, cafes, eateries, Sugar Gum Hotel, medical clinics, childcare and early learning centres, schools and parks at their doorstep.

A plethora of reserves offer walking and biking trails, playgrounds, plus barbecue and picnic areas, including Hillside Linear Reserve, Stony Hill Creek and Boronia Reserve Dog Park.

Buses service the area and there is easy access to a train station, Calder Highway and Melton Freeway, which offer a quick commute to the city, airport and the west.

While there are multiple shopping centres in neighbouring Melton, Taylor Lakes, Sydenham and Taylors Hill, the Watergardens Town Centre is a popular shopping destination for locals.

The vibrant and ever-evolving town and shopping centre offers a railway station, bus services, medical and dental clinics, a bowling centre plus a cinema and entertainment precinct. There are more than 250 retail outlets, including supermarkets, specialty stores and a fresh food market, plus cafes, bakeries and restaurants.

Offering a variety of childcare and early learning centres, Hillside also has a good number of primary and secondary schools, including Hillside Primary School and Cana Catholic College. Other quality educational institutions, including Overnewton Anglican Community College and Gilson College, are also nearby.

The suburb is home to the Sydenham Hillside Football Club, an Australian rules football team, which competes in the Essendon District Football League. The Calder Park Thunderdome and Motorsport complex, and the Keilor Public golf course are not far away.

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