Fam­ily safety the key

Herald Sun - Property - - SUBURB PROFILE -

A SAFE place to raise a fam­ily is a key point among many peo­ple when talk­ing about the outer east­ern sub­urb of Ber­wick.

It’s set on Mel­bourne’s east­ern fringe, yet of­fers its res­i­dents all that would be ex­pected from an in­ner sub­urb, like qual­ity shop­ping, a huge se­lec­tion of lo­cal pub­lic and pri­vate schools and a pub­lic hos­pi­tal.

Be­ing on the outer means Ber­wick of­fers plenty of green space for its res­i­dents, ei­ther sur­round­ing the grow­ing area, or within at places like the Wil­son Botanic Park.

The for­mer coun­try town has been sub­sumed by sub­ur­ban sprawl, with pop­u­lar fam­ily de­signs from the 1980s and ’90s and mod­ern de­signs lin­ing its streets.

Ber­wick’s me­dian house price of $520,000 is below the Mel­bourne me­dian, but still of­fers buy­ers good cap­i­tal growth, with CoreLogic RP Data record­ing prices up 7.3 per cent in the past 12 months.

And with prop­er­ties on the mar­ket quickly snapped up and ven­dor dis­count­ing at 3.3 per cent, con­di­tions ap­pear strong for in­vestors and sellers.

O’Brien, Ber­wick, agent Paul Rogers said the sub­urb at­tracted a mix of buy­ers.

“We get first-home buy­ers, be­cause of the new es­tates, we get se­cond-home buy­ers, peo­ple with young fam­i­lies who are look­ing to upgrade, but we find a lot of peo­ple who live in Ber­wick want to stay in Ber­wick,” he said.

“At the same time, we’ve got peo­ple who are look­ing to down­size, look­ing for some­thing smaller, closer to that vil­lage area.”

Mr Rogers said Ber­wick of­fered value for money, with more buy­ers mov­ing out from Mel­bourne’s middle sub­urbs, like Glen Waver­ley, Mt Waver­ley and Rowville.

“It used to be the outer sub­urbs, now we’re col­lect­ing peo­ple who are sell­ing their places for $1.2 mil­lion and are find­ing value for money,” Mr Rogers said.

He said prices var­ied from $350,000 to $400,000 for homes on smaller blocks in the new es­tates to larger homes that at­tracted multi-mil­lion price tags.

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