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Blog What Buyers and Sellers Need to Know

What Buyers and Sellers Need to Know

Real estate & property trends
24 January 2025
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Current Property Values and Market Insights

The Mitchell Shire real estate market continues to evolve, offering opportunities for both those buying and selling. With its perfect location, just north of Melbourne, this region has seen strong demand due to its affordability, lifestyle appeal, and improving infrastructure.

Current Market Trends

According to recent data from realestate.com.au and domain.com.au, property prices in Mitchell Shire have remained stable, with moderate growth in key areas like Kilmore, Wallan, and Broadford. The median house price in Wallan, for example, has risen by over 5% in the past year, driven by demand from first-home buyers and those looking for an affordable lifestyle change

Emerging Investment Hotspots

Suburbs like Beveridge and Seymour are attracting interest due to upcoming developments, including new transport links and community infrastructure projects. These areas can offer larger land sizes and more affordable entry points compared to Melbourne’s inner suburbs.

What It Means for Buyers and Sellers

For buyers, now is an opportune time to enter the market before further price increases. For sellers, the demand for family homes and investment properties remains strong, making it crucial to price competitively and market strategically.

Whether you’re looking to buy, sell, or invest in Mitchell Shire, staying informed about local trends can help you make the best decisions. If you’re considering a move, reach out for a tailored marketing solution.

Real estate & property trends
24 January 2025
Save Article

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