I’ve been closely monitoring activity on the ground across key LGAs like Melton, Hume, Casey, and Wyndham – and the change is unmistakable. Properties in well-positioned pockets within these regions are attracting multiple offers, often within days of listing. Agents who were following up property buyers a few months ago are now fielding back-to-back open inspections. And stock levels? Still tight, which is putting upward pressure on values in affordable corridors.
Let’s break down what’s really driving the momentum in these areas and why it’s time to pay attention.
1. Melton – Undervalued but Not for Long
Melton has long been known as Melbourne. But it’s no longer just a “cheap” market & it’s becoming a value property market. With median house prices still sitting under $550K in many pockets, property buyers are waking up to the upside potential, especially as rental yields remain healthy.
We’re now seeing:
- Increased investor interest.
- Tighter rental supply with vacancy rates consistently reducing.
- Record people migration to this LGA ( 12% population growth predicted by year 2026) – highest in Victoria.
- Infill land opportunities being snapped up by first home buyers and investors.
Suburbs like Melton West, Brookfield, Harkness , Kurunjang and Cobblebank are gaining traction due to improved rail access and ongoing infrastructure spend. If you’re looking for future upside without stretching your budget, Melton still offers a strong entry point — but the days of heavy buyer negotiation are starting to fade.
2. Hume LGA – Northern Growth Corridor Gaining Pace
The northern corridor has been on investor watchlists for a while, but activity is now clearly ramping up. Suburbs like Craigieburn, Roxburgh Park, and Greenvale are seeing increased buyer competition from both home buyers and investors priced out of inner and middle-ring areas.
And if you move a little further north, areas like Mernda and Doreen are catching strong attention. These suburbs combine family-friendly masterplanned communities with decent infrastructure and lifestyle appeal — and they're still affordable compared to inner-north counterparts. Properties in Mernda under $750K with decent land are seeing increased interest, especially those close to schools and the train line.
- Significant government infrastructure commitments, including roads, schools, and hospitals
- Strong multicultural communities driving population growth
- Increasing pressure on rental markets, with yields still holding near 4–4.5%
Properties that were sitting on the Melbourne’s property market in late 2023 are now moving faster, and price reductions are no longer the norm.
Properties that were sitting on the market in late 2024 are now moving faster, and price reductions are no longer the norm.
3. City of Casey – South-East Buzz Is Back
The City of Casey was one of the hardest-hit regions during the Melbourne’s property market slowdown, but that’s exactly why it’s now attracting smart home buyers. Suburbs like Cranbourne, Pakenham, Narre Warren South, and Hampton Park are experiencing a resurgence in demand, especially for family homes under $750K.
Casey’s fundamentals remain strong:
- Excellent access to schools, shopping, and public transport
- A large pool of tenants, with consistent rental demand
- Affordability compared to neighboring suburbs like Berwick and Officer
The shift in sentiment is visible – more open home traffic, fewer days on market, and tighter vendor expectations.
4. City of Wyndham – Infrastructure-Driven Growth in the West
Wyndham continues to be a hotspot for both investors and first time home buyers looking for modern homes with land. Werribee, Tarneit, Hoppers Crossing, Truganina remain high-demand suburbs, and areas like Manor Lakes and Wyndham Vale are gaining attention due to great affordability and transport options.
- Ongoing infrastructure delivery: schools, health facilities, and transport upgrades
- Land availability with better value than other metro-fringe areas
- Consistent population growth from young families and migrants
Stock is still limited, and homes under $700K are getting snapped up quickly — especially anything turnkey or with dual living potential.
So, What’s the Takeaway?
These early signs aren’t just noise , they’re indicators. Buyer activity is increasing, listings are being absorbed faster, and agents are back in negotiation mode. But this growth cycle isn’t everywhere!
It’s in strategic, affordable, infrastructure-backed corridors. And that’s where investors and buyers should focus.
With the RBA already beginning to cut interest rates, the window to enter before price momentum takes full swing is narrowing. By the time it’s in the headlines, the best opportunities may have already passed.
If Melbourne is on your radar , now’s the time to act, but act wisely. It’s not just about buying in a “hot market,” it’s about choosing the right pockets, the right property type, and the right price point.
If you need help identifying those opportunities, reach out. This isn’t a time to sit on the fence.