All About Ardeer, Brimbank, VIC, 3022

Ardeer, a suburb within the City of Brimbank in Victoria, offers a unique glimpse into the dynamic housing market of the region. Over recent years, the suburb has experienced notable growth, driven by its affordability compared to neighboring suburbs and its convenient proximity to Melbourne's central business district, which is approximately 16 kilometers away. The housing market in Ardeer primarily consists of established single-family homes, many of which have large land parcels, appealing to investors and first-time homebuyers alike. While the median house prices in Ardeer have seen some upward momentum, they remain relatively affordable, making it an attractive choice for those looking to enter the property market. The area has also been witnessing interest from developers, hinting at potential future developments that could further energize the local real estate landscape.

Living in Ardeer offers residents a suburban lifestyle with a touch of urban convenience. The community is known for its relaxed environment, making it an ideal retreat from the hustle and bustle of Melbourne's city center. The suburb is home to several parks and reserves, providing ample space for outdoor activities and leisure, thereby fostering a family-friendly atmosphere. Transport connections are robust, with easy access to major highways and public transport options, including train and bus services, facilitating seamless commutes to Melbourne and other parts of Victoria. Despite its largely residential nature, Ardeer is well-served by nearby amenities, including shopping centers, schools, and healthcare facilities, ensuring that daily needs are met without the need for extensive travel. The close-knit community and growing infrastructure make Ardeer not just a place to live, but a place where residents can thrive.

Ardeer Real Estate Market Outlook

Thinking about buying in Ardeer? Now could not be a better time, with 1814 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $859,000 with prices in this suburb ranging from $414,000 to $2,619,000. Ardeer is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Ardeer driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ardeer due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Ardeer changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Ardeer the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!