All About Travancore, Moonee Valley, VIC, 3032

The housing market in Travancore, a small suburb in the Moonee Valley region of Victoria, is characterized by its blend of historical charm and modern convenience. Travancore is known for its distinctive architecture, including elegant period homes and well-maintained Art Deco apartments, catering to a diverse range of buyers and renters. Despite its relatively compact size, the suburb has experienced steady demand, driven in part by its strategic location just a few kilometers north of Melbourne's central business district. This proximity allows residents to enjoy the tranquility of suburban life without sacrificing access to the amenities and employment opportunities of a major city. The real estate market here tends to be competitive, with homes retaining strong value appreciation due to the suburb's desirability and limited supply.

Living in Travancore offers a quaint, community-oriented lifestyle underpinned by green spaces and a warm neighborly atmosphere. The suburb is bordered by parks and recreational areas, such as the expansive Royal Park and Debney’s Park, which provide ample opportunities for outdoor activities and leisurely strolls. While it maintains a quiet suburban feel, Travancore also boasts convenient public transportation links, including nearby train and tram services, making commutes to Melbourne's city center and other suburbs straightforward and efficient. The area is also in close proximity to local shops, cafes, and quality schools, enhancing its appeal for families and professionals alike. Overall, Travancore presents a harmonious blend of urban accessibility and serene residential life, making it an attractive locale for those seeking a balanced lifestyle in Melbourne's vibrant north-western corridor.

Travancore Real Estate Market Outlook

Thinking about buying in Travancore? Now could not be a better time, with 1752 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,462,000 with prices in this suburb ranging from $357,000 to $4,297,000. Travancore is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Travancore 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 Travancore provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Travancore to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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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