All About Vermont, Whitehorse, VIC, 3133

Whitehorse, Victoria, is a local government area in Melbourne, Australia, and its housing market reflects the broader trends seen in metropolitan Melbourne. Like much of the city, Whitehorse has experienced significant property price growth over the past decade, driven by factors such as population growth, urban development, and the desirability of Melbourne as a liveable city. The area offers a mix of housing options, including traditional detached homes, modern townhouses, and apartments, catering to a range of demographics from families to young professionals. The suburbs within Whitehorse, such as Box Hill and Blackburn, are particularly appealing due to their excellent transport links, educational institutions, and access to amenities like shopping centers and parks. This has made them sought-after locations, often leading to competitive real estate prices and bidding wars in the housing market.

Living in Whitehorse offers a blend of suburban comfort with the vibrancy of urban living. Residents enjoy a high standard of living, thanks to a well-developed infrastructure and community-focused amenities. The area boasts numerous parks and recreational facilities, providing ample opportunities for outdoor activities and a healthy lifestyle. Moreover, the cultural diversity in Whitehorse adds richness to the community, with various cultural festivals, cuisines, and social events regularly taking place. The presence of quality schools and healthcare facilities further enhances the appeal of living here, making it an attractive option for families and retirees. Public transport is efficient, with train and bus services offering easy access to Melbourne's city center, which is a boon for commuters. Overall, Whitehorse presents a balanced lifestyle, combining the tranquility of the suburbs with the conveniences and opportunities of city living.

Vermont Real Estate Market Outlook

Thinking about buying in Vermont? Now could not be a better time, with 5110 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,513,000 with prices in this suburb ranging from $514,000 to $5,656,000. The aproximate distance to the coast is 18 Km.

Consistent high demand relative to supply is a key feature in Vermont driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Vermont 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. A mix of professions and above average income earners in Vermont provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Vermont necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Vermont 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 Vermont 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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Nearby Suburbs

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