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Melbourne's Top Inner Suburbs for First Home Buyers


After years of soaring property prices, first home buyers are now making the most of a cooler market and capitalising on some great deals in the inner and middle suburbs of Melbourne.


Melbourne’s inner and middle suburbs that are hot right now (for houses, apartments and units) on property website realestate.com.au are:


1. Watsonia

Distance from CBD/Melbourne 16km Population 5214

Median house price $721,250 Median unit price $465,000


2. Brunswick

Distance from CBD/Melbourne 5km Population 24,473

Median house price $1,001,250 Median unit price $527,000


3. Northcote

Distance from CBD/Melbourne 5km Population 24,561

Median house price $1,278,000 Median unit price $545,000


4. Gladstone Park

Distance from CBD/Melbourne 15km Population 8338

Median house price $620,000 Median unit price N/A


5. Brunswick East

Distance from CBD/Melbourne 5km Population 11,504

Median house price $950,000 Median unit price $529,500


6. Preston

Distance from CBD/Melbourne 9km Population 32,851

Median house price $900,000 Median unit price $460,500


7. Coburg

Distance from CBD/Melbourne 8km Population 26,185

Median house price $932,500 Median unit price $535,000


8. West Footscray

Distance from CBD/Melbourne 8km Population 11,450

Median house price $802,500 Median apartment price $440,000

If you were buying your first home would you prefer to be in these suburbs or purchase further out from the city to have a larger house/block?

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