Best Suburbs to Downsize

Downsizing is a complete overhaul in your lifestyle. Essentially, you are moving towards a simpler lifestyle, not just a smaller home. Nowadays, more and more people opt for downsizing their home not only because their kids had left home, but also for saving reason, to reduce stress from taking care a big house, or they want a change in scenery. 

Listed down below are our top 4 Melbourne suburbs that you should consider moving in.

 

Huntingdale 

The list begins with Huntingdale, a family-friendly neighborhood with a strong sense of community. The local council, City of Monash, holds events almost every day that involves different demographics. Activities such as sports recreation, counseling, meditation class and various other classes that are suitable for a pensioner.

Commuting to the city is also not a big issue as Huntingdale sits on the Pakenham and Cranbourne railway. Additionally, Huntingdale is also near one of the biggest shopping centers in Melbourne, Chadstone center.

If you happen to be a fan of golf, don’t miss out on Huntingdale golf course as it has played host to some of the most famous golfer like Tiger Woods and Jack Niklaus.

This lovely suburb regularly holds the top place for the suburb with the most

prolonged hold periods. It is evident from the data gathered in core logic data

analyzed by Riskwise Property Research shows.

 

Belgrave 

Belgrave is a significant town located in the Dandenong Ranges, situated between Emerald and Ferntree Gully.

It is only a mere 12 minutes drive to the ever so famous Dandenong Ranges National Park. One of the attractions there would be the Puffing Billy steam train, which is the oldest operating steam locomotive in Australia. The train will take you to the deep forests and fern gullies of the Dandenong Ranges.

Belgrave is a wonderful food mecca. You can find different types of food there from Italian, Vietnamese, Greek, and there is a lot of vegan-friendly restaurants too.

 Lastly, this suburb will allow you to realize the Australian dream of owning a home without breaking your bank account. 

 

St Kilda West 

Different from St Kilda, the St Kilda West offers you that ‘beach lifestyle’ you may be looking for in Melbourne. Furthermore, the community in St Kilda West is reviewed to be inclusive and involved. The neighborhood is suitable for all different demographics such as family, young professionals, and retirees.

You will expect that a suburb with proximity to the city like St Kilda West will be very costly. However, compared to a nearby suburb, Albert Park, the price difference is quite significant.

St Kilda West will be a great hack if you are considering Albert Park to be your ideal suburb. It offers you the same atmosphere without exhausting your resources, and the perfect location will make the property a sound investment in the long run.

 

Templestowe

Templestowe is a part of the green belt expansion, so people often assume that Templestowe is out in the sticks. No, there aren’t cows and other farm animals in every corner. Houses are spaced quite far from each other, so if you are someone who requires privacy, Templestowe will be an excellent fit for you.

On May 2019, Templestowe has an average of 18.2 years of hold periods. Furthermore, the data gathered by Core Logic over the past few months proved that Templestowe’s hold periods continues to rise.

 

If you are looking to downsize and you need help selling and finding a new home contact us and our team will be happy to help.

 

Published by Xynergy Realty Oakleigh