Episode 2: Top 10 suburbs for investment
Episode #2 Melbourne Property Podcast: Top 10 Suburbs for Investment
Published: 13 February 2025
Welcome to The Melbourne Property Podcast! Hosted by Sky and Lindsay Hammer from Convergence Buyer’s Agents, your local property experts. This podcast is your go-to source for insights, trends, and tips on navigating the ever-changing Melbourne property market.
Summary
Episode two dives into:
Our methodology and the best data points to identify suburbs for investing
Our top 10 Melbourne suburbs for investment
Plus bonus insights and details on how to access our full report!
Resources
You can download our free top 10 suburbs report at https://convergencebuyersagents.com.au/top10melbournesuburbs
Listen to episode two here https://open.spotify.com/episode/2MwhPxXXStl5Etcpaagr2f?si=5c186ff036054710
Sneak Peak
We started with a huge list - 424 Melbourne suburbs. And after running through our criteria, we’ve managed to narrow that down to just 10. We limited our criteria to the following:
Median house price: $450,000 to $1 million dollars
Stock on market: less than 2%
Rental yield: above 3.5%
Days on market: 30 days or less
Low inventory levels
Price growth: less than 10% over the last 12 months, to avoid buying at the top of the growth cycle
Vacancy rates: less than 2%
Owner occupier percentage: at least 65% owner occupiers
This episode delves into market insights, data and tips for buying an investment property in West Meadows, Tullamarine, Boronia, Pakenham, Cranbourne North, Melton West, Derrimut, Crib Point, Carrum Downs, Skye and Seaford. Be sure to listen to the episode though, as not all suburbs are ranked equally!
Want to use an expert?
If you need personalised property advice, book your free discovery call at https://convergencebuyersagents.com.au/dc
