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Local market - the place to be

Real estate & property news
07 August 2021
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There was an interesting article in the Herald-Sun on Saturday which added to the weight of evidence suggesting that the property market in our part of Melbourne looks likely to reward homeowners with better than average returns in the future.

If you follow our weekly Updates, you’ll already know that in recent posts we’ve shared data which shows that our local market has been outperforming the rate of growth across Melbourne during the last year, whilst still offering buyers exceptional value for money.

However, Saturday’s article on page 22 and 23 by Samantha Landy, (Headed “Go far for a bigger return”), looked at which areas of Melbourne are likely to provide property investors with the best returns. This analysis, prepared by, took into consideration not just long-term capital growth, but also factored in rental yields and demand from renters.

The analysts then prepared a list of the Top 50 Suburbs for Investors, which included (in alphabetical order:

Botanic Ridge (Houses)

Carrum Downs (Houses)

Clyde North (Houses)

Cranbourne (Houses)

Cranbourne North (Houses)

Cranbourne West (Houses)

Frankston (both Houses and Units)

Frankston North (Houses)

Frankston South (Houses)

Langwarrin (Houses)

Lyndhurst (Houses)

Seaford (both Houses and Units)

Somerville (Houses)

That’s right, fifteen of the Top 50 targeted investment options were in our backyard, which is great news for local investors and homeowners alike.

Don’t forget, if this increased focus on our local property market has got you thinking about making your own move in the coming months, it’s important that you do your calculations with up-to-the-minute figures, as prices have certainly moved in response to strong buyer demand in the bayside market.

If you’d like an update, feel free to give our team at Barry Plant Frankston a call this week on 9781 3100.


Barry Plant Real Estate

Frankston & Cranbourne

Real estate & property news
07 August 2021
Save Article

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