All About Harkness, Melton, VIC, 3337

Harkness, a burgeoning suburb in the city of Melton, Victoria, has been attracting significant attention in the housing market due to its affordability and potential for growth. Situated approximately 35 kilometers northwest of Melbourne's central business district, Harkness has become appealing for both first-time homebuyers and investors looking for more affordable options compared to the bustling city. The housing market in Harkness is characterized by a mix of modern townhouses and spacious family homes, often featuring generous plots of land. This variety provides residents with options that suit different lifestyle needs and budgets. As a suburb in developmental transition, Harkness offers a mix of established properties alongside newly constructed homes, drawing interest from those seeking contemporary living spaces at competitive prices. Real estate in the area has been observed to have steady demand, benefiting from the overall growth dynamics within Melbourne’s expanding suburban regions.

Living in Harkness presents a blend of tranquil suburban life and convenient access to urban amenities. The suburb offers a peaceful, family-friendly environment with plenty of parks, open spaces, and recreational facilities, making it ideal for families and individuals who appreciate outdoor activities. Educational facilities, including primary and secondary schools, are easily accessible, adding to the suburb's attractiveness as a place to raise children. Harkness residents enjoy proximity to central Melton, where they can find shopping centers, cafes, restaurants, and essential services. Public transportation is fairly well-developed, with buses connecting the suburb to surrounding areas and train services available from nearby stations for trips into Melbourne. With planned infrastructure development and community projects, Harkness is expected to continue evolving, offering a promising suburban lifestyle with the perks of a connected and evolving community.

Harkness Real Estate Market Outlook

Thinking about buying in Harkness? Now could not be a better time, with 5034 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $640,000 with prices in this suburb ranging from $226,000 to $2,484,000. The aproximate distance to the coast is 31 Km.

Consistent high demand relative to supply is a key feature in Harkness driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Harkness 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 Harkness 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 Harkness 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 Harkness 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 Harkness 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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