All About Maidstone, Maribyrnong, VIC, 3012

Maidstone, a suburb in the City of Maribyrnong, Victoria, has experienced notable changes in its housing market over recent years. Traditionally, this area has been known for its blend of older-style homes and newer developments that cater to a diverse demographic. The demand for property in Maidstone has been influenced by its relative affordability compared to neighboring suburbs and its proximity to the Melbourne CBD, making it attractive to both first-time homebuyers and investors. The market has seen a steady growth in property values, partially due to the suburb's increasing desirability and ongoing gentrification. With the development of modern townhouses and apartments, Maidstone offers a range of housing options that appeal to young professionals and families looking for value and convenience.

Living in Maidstone offers a unique blend of suburban tranquility and urban accessibility. The area's leafy streets and parks, such as Scovell Reserve and Maribyrnong River, provide ample opportunities for outdoor activities, making it attractive to those who enjoy an active lifestyle. There is a strong sense of community among residents, with local cafes, shops, and schools enhancing the suburb's family-friendly appeal. Public transport connections, including bus and tram services, make commuting straightforward, adding to the convenience of living in Maidstone. With its multicultural community, the suburb also boasts a diverse array of dining options and cultural events, reflecting its vibrant community spirit. Overall, Maidstone provides a balanced lifestyle with its blend of relaxation and access to Melbourne's bustling urban life.

Maidstone Real Estate Market Outlook

Thinking about buying in Maidstone? Now could not be a better time, with 5769 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,028,000 with prices in this suburb ranging from $227,000 to $5,711,000. Maidstone is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Maidstone are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Maidstone provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Maidstone requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

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!