All About Bulleen, Manningham, VIC, 3105

Bulleen, a suburb located in the City of Manningham, Victoria, is an area with a dynamic housing market characterized by a mix of modern and traditional homes. As of the latest available data, the housing market in Bulleen has shown signs of robust growth, driven by its strategic location and the appealing lifestyle it offers. The area is known for its spacious properties, including a range of single-family homes, townhouses, and apartments, making it an attractive choice for young professionals, families, and retirees alike. House prices have been stable with an upward trend, reflecting the strong demand due to the suburb's proximity to Melbourne's central business district, which is approximately 13 kilometers away. The relatively lower density of development compared to inner-city suburbs, paired with the availability of large land plots, contribute to its appealing real estate scenario.

Living in Bulleen offers a blend of urban convenience and suburban tranquility, making it ideal for those seeking a balanced lifestyle. The suburb is well-serviced by amenities, including shopping centers like Bulleen Plaza and large retail outlets, ensuring residents have access to various shopping and dining options. Education is well catered for with several reputable schools nearby, making it a family-friendly location. Outdoor enthusiasts are drawn to Bulleen for its lush parks and recreational areas, such as the Yarra Flats Park and Bulleen Park, which provide opportunities for picnics, sports, and leisurely strolls along the Yarra River. The community is vibrant, with numerous cultural events and activities that reflect the diverse demographics of the area. Overall, Bulleen presents an alluring mix of affordability, accessibility, and community spirit, making it an increasingly popular choice for homebuyers in Victoria.

Bulleen Real Estate Market Outlook

Thinking about buying in Bulleen? Now could not be a better time, with 5879 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,694,000 with prices in this suburb ranging from $28,000 to $6,222,000. The aproximate distance to the coast is 11 Km.

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 Bulleen 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 Bulleen 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 Bulleen 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 Bulleen 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 Bulleen 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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