Higher spending on infrastructure leads to higher real estate prices. The development of shopping facilities also plays an important role, but not as big as infrastructure. This article will give an overview of the best real-estate locations in Australia.
Belmont, Victoria
Belmont is one of the in-demand suburbs right now. It will grow further this year. Belmont is close to the Central business district, it is more affordable than other suburbs in Melbourne. The Deakin University is close to the Belmont. Thus it is catering to educational and commercial interests. The average house price is $700k which is almost half of an equivalent location in Melbourne.
East Ipswich, Queensland
Brisbane is expected to enter its new growth phase this year. It leads the nation in terms of real estate price rise. It is a perfect time to buy a property in Brisbane. It will host the 2032 Olympics. So investing in Brisbane is going to be profitable. The right place to buy a property in Brisbane is Ipswich City. Its proximity to the shopping complexes makes it a convenient place. The average price of housing is $300k.
Greenacres, South Australia
Adelaide has emerged as a new contender to challenge Brisbane in offering the best real estate price. Investors have realized the importance of Adelaide. The suburb of Greenacres is affordable with average pricing of $570k. It is situated in the Port Adelaide Enfield area. The housing is of great standard and quality. The prices are nearly half of Melbourne and Sydney.
Fraser Rise, Victoria
Fraser Rise is located northwest of Melbourne. It is in the city of Melton. The biggest advantage of this location is its proximity to Melbourne’s Central Business District. The area is filled with educational institutes. The Springdale Kindergarten, St George Preca School, and Springdale college are some of the education institutes located near it. The average housing price is $591k which is very reasonable. You can buy property Fraser rise with so many benefits
Caroline Springs, Melbourne
Caroline Springs is another area that is in great demand. The road connectivity is excellent. Caroline Springs is surrounded by lakes. The western freeway has a community center and three schools. Real estate agents Caroline Springs provide negotiable deals. The average price of a 2bhk house is $510K. Pricing of 3bhk and 4bhk houses cost around $600k to $700k.
Deanside
Deanside is located in Victoria. It has great potential from a real estate point of view. The average price per house is only $471 which is quite cheaper as compared to other suburbs in Victoria. From parks to excellent transport facilities, Deanside has everything. There is a huge scope of recreational activities here. It is a great place for one’s development. If you have searched about selling my property Deanside, then it is the right place as it has reputed real estate agencies.
If you want to buy a property and need a good real estate advice, do contact us.