All About Taylors Hill, Melton, VIC, 3037

Taylors Hill, located in the Melton region of Victoria, has seen a steady interest in the housing market over recent years. This suburb is characterized by its modern and relatively new housing developments, offering a variety of large family homes typically built within the last two decades. The housing market in Taylors Hill is attractive to families and first-time homebuyers looking for more spacious living areas at a comparatively affordable price than inner-city Melbourne. The area has seen gradual appreciation in property values, driven by a combination of population growth and infrastructure developments. Local amenities such as shopping centers, schools, and parks contribute positively to the demand in this market, ensuring that the properties maintain good resale value and appeal.

Living in Taylors Hill offers the advantages of suburban tranquility while still being connected to the broader Melbourne metropolitan area. This suburb is known for its family-friendly atmosphere, featuring numerous recreational facilities, including parks and walking trails, which provide ample opportunities for outdoor activities. The community is diverse and welcoming, with a strong sense of neighborhood spirit often seen in local events and activities. Taylors Hill is also conveniently positioned near major roads and public transport options, making commuting to the Melbourne CBD feasible for work or leisure. The lifestyle in Taylors Hill is attractive for those seeking a balance between the hustle of city life and the serenity of suburban living, making it an appealing option for growing families and those looking to settle in a well-connected yet peaceful environment.

Taylors Hill Real Estate Market Outlook

Thinking about buying in Taylors Hill? Now could not be a better time, with 4975 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,087,000 with prices in this suburb ranging from $418,000 to $3,009,000. The aproximate distance to the coast is 16 Km.

Consistent high demand relative to supply is a key feature in Taylors Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Taylors Hill 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 Hill 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 Hill 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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