Foot in the Door – Your First Property

In summary:
Your first home is always a challenge. But getting a head start can open many doors.

Before reading, please note due to the numbers of suburb in Victoria this article provide concentrated on a section of the Melbourne’s Metropolitan area being the City of Brimbank and nearby area.

At the time of this article is written (2022); the median (average) price of the suburb of Sunshine VIC 3020 is $880,000!

In 2015 it was $520,000, only 7 years has passed since then this date, a difference of $360,000!

Moving a bit further away from Sunshine area in the Western Suburbs, approximately 20 minutes drive, you have Tarneit VIC 3029, median approximately $600,000, and in 2015 approximately $400,000.

And even moving further away, another 20 minutes drive, you have Melton VIC 3337, median approximately $455,000 and 2015 was $255,000.

Getting your first home can be challenging, the price of a house trend is moving up. There is no further needs to think too much when you may hear, “Get your foot in the doors”. That why we are here to protect you from losing your hard earn money. Do not sign any contract without talking to us before hand.

Reference:
https://www.land.vic.gov.au/valuations/resources-and-reports/property-sales-statistics
https://www.realestate.com.au/