In case you missed it, Saturday’s Herald-Sun ran an article by Scott Carbines (pictured) headed “Home bargains still out there”, which pointed out that there are still some terrific opportunities for home buyers within our local property market.

The article said, “The number of affordable suburbs in Melbourne may be dwindling, but value can still be found if buyers look in the right places, experts say.”

The latest data from CoreLogic shows there were 97 Melbourne suburbs with a median house price of $600,000 or less, 43 with a median of $500,000 or less and just seven at $400,000 or less in the 12 months to December.

When you look at the unit market, there were 116 suburbs with a median price of $500,000 or less, 55 with a median of $400,000 or less and five at $300,000 or less.

Importantly for the local property market, suburbs in our area were among those highlighted in the article as key members of the list of areas buyers can still find some of Melbourne’s more affordable properties. Indeed, the City of Brimbank generally, and suburbs like Sunshine, Ardeer and Albion specifically, were all mentioned as areas offering buyers exceptional buying opportunities.

So, if you are going to be spending a bit of time over the Easter weekend to plan your next move in the local property market, don’t forget that we are always happy to provide you with up-to-date, experienced information and advice. You can give us a call this week if you like on 03 8326 8888.