Northcote tops Melbourne’s most liveable suburbs list
As part of putting together our free Barry Plant Investor Advantage report, we investigated what were the most liveable suburbs in Melbourne as usually these suburbs deliver great rental returns.
PWC’s report on Future Victoria - put together in November 2021 - lists Northcote as the most desirable suburb in Melbourne.
To define liveability, scores are allocated based on access to amenities, proximity to open space, access to public transport and medical services, housing prices, housing density, crime rate and road safety.
While some suburbs have always ranked highly as desirable places to live, the flexible working practices brought about by Covid have seen suburbs that didn’t rank well previously, rocket up the list. Burwood, for instance, was ranked at 228 in 2020 but in 2021 came in 14th.
The second-ranked area was Heidelberg-Rosanna which rose from 47 in 2020 and the third was Essendon-Alberfeldie - improving on its past score of 8.
In fourth place was Wantirna - improving significantly from its previous 87 rankings and coming in fifth was Montmorency-Briar Hill - another rocketing suburb, climbing from 154 in 2020.
Northcote was the only suburb that ranked in the top 10 in 2020 and 2021. The top suburb in 2020 was Hawthorn East and it didn’t rank in the top 25 in 2021.
Here’s a list of the top 25 suburbs in 2021 along with their 2020 rankings.
The top ten suburbs in the PWC Future Victoria report in 2020 were:
- Hawthorn East
- Hawthorn
- Richmond
- Cranbourne East
- Moonee Ponds
- Northcote
- Malvern & Glen Iris
- Surrey Hills (West) & Canterbury
- Point Cook (East)
- Carnegie
If you’d like to get your free copy of the Barry Plant Investor Advantage Report, filled with information on capital growth suburbs, where you’ll get the best return on investment as well as area profiles, just click here.