Why here
Three ways to look at this pocket of Melbourne.
The corridor and the suburb around it suit different buyers for different reasons. Here is how they usually stack up.
First home buyers
- Apartment stock offers some of the lowest entry points this close to the CBD.
- State and federal schemes may apply. Check your eligibility before you commit.
- Walk or ride to work, university and the market instead of paying for a car.
Investors
- A heavily rented suburb, with about 65 per cent of dwellings rented at the 2021 Census.
- Tenant demand from city workers, students and hospital and university staff nearby.
- Renewal next door at Arden and E-Gate is reshaping the wider area over time.
Families and upgraders
- Established schools, parks and the Moonee Ponds Creek Trail within easy reach.
- Townhouse and larger conversion stock for buyers who want space near the city.
- Short commutes give back time that outer suburbs cannot.
General information only. Confirm grants, concessions and eligibility with the State Revenue Office and your own advisers.