All About Taylors Lakes, Brimbank, VIC, 3038

Taylors Lakes, located in the City of Brimbank in Victoria, presents a dynamic housing market that reflects the suburb's appeal to families and professionals alike. Over the years, Taylors Lakes has experienced steady growth in property values, attributable to its strategic location about 23 kilometers northwest of Melbourne's Central Business District. The housing market consists primarily of spacious family homes, many with sizeable backyards, which appeal to those seeking a suburban lifestyle with a touch of urban convenience. Additionally, the suburb offers a mix of established homes and newer developments, providing diverse options for potential buyers. Increased demand has been driven by the availability of ample amenities, such as shopping centers, parks, and schools, coupled with convenient transport links that include proximity to major roads and public transport options, like train services from the nearby Watergardens station.

Living in Taylors Lakes offers a blend of comfort and accessibility, making it an ideal location for many residents. The suburb boasts a family-friendly environment, accentuated by numerous parks, playgrounds, and recreational facilities that encourage an active lifestyle. Residents appreciate the sense of community, with local events and community groups fostering a welcoming atmosphere. The educational needs of families are well-catered for, with several quality schools in the area, enhancing its appeal to those with children. Shopping and dining options abound, particularly with the expansive Watergardens Town Centre just a short drive away, offering everything from major retailers to boutique shops and diverse eateries. Despite its suburban setting, Taylors Lakes provides easy access to the broader offerings of Melbourne, ensuring that residents enjoy a peaceful environment without sacrificing metropolitan amenities.

Taylors Lakes Real Estate Market Outlook

Thinking about buying in Taylors Lakes? Now could not be a better time, with 6372 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,179,000 with prices in this suburb ranging from $387,000 to $4,876,000. The aproximate distance to the coast is 13 Km.

Consistent high demand relative to supply is a key feature in Taylors Lakes driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Taylors Lakes ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Taylors Lakes classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Taylors Lakes 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. Lower than average industry presence in Taylors Lakes we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Taylors Lakes a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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