Here is our final post on the year ahead for the property market, looking at the key suburbs predicted to grow in 2012. Executive Chairman, Tim Fletcher explains:
The key suburbs being recognised now are those with great infrastructure on the fringes of suburbs that people had aspired to but could not afford.
People should investigate the previously unrecognised western suburbs (Sunshine, Braybrook, etc.) that are quite accessible to Melbourne and are finally gaining momentum. Blackburn, Box Hill, Forest Hill and Vermont still offer opportunities for those who act quickly as once the market starts to move again prices will inevitably rise.
Suburbs served by the new Eastlink such as Ringwood, Wantirna and Wantirna South with the easy access it provides to Melbourne's CBD should also see an increase in values.
Do you have a question about real estate for Tim? Ask Fletchers! You can use your Facebook account!
in Miscellaneous