On the hunt for great value
By | 12th Nov 15

What can you buy for the lowest quartile price at the affordable end of Victoria's market?

Australian Property Investor Magazine published this article featuring comments from Frank Valentic and other property consultants to compile a list of suburbs that are in the lowest quartile price range for Victoria.

To be included in the list, the suburb had to have the same median house price or lower than the capital ($535,000) with at least 30 sales recorded and located no more than 25 kilometers from the CBD.  The three suburbs Frank Valentic considered as being good for investors included Albion, Braybrook and Seabrook.

He noted that Albion as a good opportunity for investors saying "It's abundant in period homes and Californian bulgalows, which holds great opportunity for investors. This multicutural suburb also has two creeks, two parks and a railway line, which attracts residents. More importantly, Albion's set to experience a riple effect from neighbouring suburbs Sunshine and Footscray, which have exhibited tremendous annual growth for consecutive years."

To read this full article and to view the full list of suburbs, click here.