Buying a home is a big decision and one of the most important investments you will ever make. As a first home buyer, you want to make sure you’re getting the best deal possible. That’s why it’s important to choose the right suburb.
When it comes to finding the best first home buyer suburbs in Melbourne, there are a few key factors to consider. Location, affordability, lifestyle, and amenities are all important considerations. With that in mind, here are our top 5 picks for the best first home buyer suburbs in Melbourne.
1. Brunswick
Brunswick is a great suburb for first home buyers. It’s close to the city, with easy access to public transport, and it’s also close to some of Melbourne’s best parks and green spaces. The suburb has a vibrant culture, with plenty of cafes, bars, and restaurants to explore. It’s also one of the most affordable suburbs in Melbourne, with median house prices around $800,000.
2. Footscray
Footscray is another great suburb for first home buyers. It’s close to the city, with easy access to public transport, and it’s also close to some of Melbourne’s best parks and green spaces. The suburb has a vibrant culture, with plenty of cafes, bars, and restaurants to explore. It’s also one of the most affordable suburbs in Melbourne, with median house prices around $700,000.
3. Preston
Preston is a great suburb for first home buyers. It’s close to the city, with easy access to public transport, and it’s also close to some of Melbourne’s best parks and green spaces. The suburb has a vibrant culture, with plenty of cafes, bars, and restaurants to explore. It’s also one of the most affordable suburbs in Melbourne, with median house prices around $650,000.
4. Reservoir
Reservoir is a great suburb for first home buyers. It’s close to the city, with easy access to public transport, and it’s also close to some of Melbourne’s best parks and green spaces. The suburb has a vibrant culture, with plenty of cafes, bars, and restaurants to explore. It’s also one of the most affordable suburbs in Melbourne, with median house prices around $600,000.
5. St Kilda
St Kilda is a great suburb for first home buyers. It’s close to the city, with easy access to public transport, and it’s also close to some of Melbourne’s best parks and green spaces. The suburb has a vibrant culture, with plenty of cafes, bars, and restaurants to explore. It’s also one of the most affordable suburbs in Melbourne, with median house prices around $550,000.
These are just a few of the best first home buyer suburbs in Melbourne. There are many other great options out there, so be sure to do your research and find the suburb that’s right for you.
At The Home Loan Partners, we understand that buying a home is a big decision and we’re here to help. We can answer any questions you have and help you to get a home loan that’s right for you. Contact us today to get started.