All About Hillside, East Gippsland, VIC, 3875

Hillside, located in the Melton region of Victoria, Australia, is a suburban area that has seen significant development in its housing market over recent years. The area is characterized by a mixture of modern housing estates, townhouses, and larger family homes, which attract a diverse range of buyers. Homebuyers are often drawn to Hillside due to its relatively affordable property prices compared to the more central Melbourne suburbs, as well as the opportunity to secure larger plots of land and spacious homes. The housing market in Hillside has experienced strong growth, in part due to the ongoing development of amenities and infrastructure, making it an attractive prospect for those looking to invest or settle down in a suburb that balances proximity to urban centers with a family-friendly atmosphere.

Living in Hillside offers residents a suburban lifestyle with access to numerous amenities. The area is well-serviced by schools, parks, shopping centers, and recreational facilities, providing a convenient and community-focused environment. The nearby Watergardens Town Centre is a key retail and commercial hub, offering a wide array of shops, eateries, and entertainment options. Public transport is readily available, with numerous bus routes and the Watergardens railway station connecting residents to the Melbourne CBD and other parts of Victoria. The sense of community in Hillside is enhanced by local events and groups, providing opportunities for residents to engage and connect. Overall, Hillside combines the tranquility and space of suburban living with the convenience of urban accessibility, making it an appealing option for families, professionals, and retirees alike.

Hillside Real Estate Market Outlook

Thinking about buying in Hillside? Now could not be a better time, with just 235 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $591,000 with prices in this suburb ranging from $173,000 to $2,127,000. The aproximate distance to the coast is 19 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Hillside due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Hillside changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Hillside to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Hillside the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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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