Broadmeadows Ranks Sixth in Melbourne for Property Value Growth

Broadmeadows has emerged as a top performer in Melbourne’s property market, ranking sixth in the Australian Financial Review’s recent list of suburbs gaining momentum. According to the Core Logic’s most recent report, Broadmeadows experienced a 2.5% increase in property values over the three months to June 2024.

This growth spurt highlights the suburb’s rising popularity and strong demand, which is outpacing the limited supply of available homes. As a result, Broadmeadows is attracting attention from both homebuyers and investors looking to capitalize on this trend.

With its rapid population growth, reduced days on the market, and a significant decrease in rental vacancy rates, Broadmeadows is well-positioned for continued growth. If you’re considering a property investment in Melbourne, now is the time to look at Broadmeadows.

Learn more about the incredible opportunities in Broadmeadows and why it’s the perfect time to invest. Watch the video and contact Jason at Kingslea on 0427 807 818 for more details or visit him at the Kingslea Display Centre Open Wed 11am-2pm & Sat 12-1pm, or by appointment.

Reference: ‘Why Melbourne could beat other cities in the next housing upturn’ – Australian Financial Review