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Located just 13kms from the CBD, Pascoe Vale is a cemented suburb within Melbourne due to its suburban lifestyle while still close to all amenities which you could need. Just over 35% of the dwellings within the suburb are rented, so there is sustainable stock around for investors into the future.
Pascoe Vale features four public primary schools as well as one private. There is also Antonine College and Pascoe Vale Girls College which are well known throughout the area.
The area has the Pascoe Vale station within the suburb as well as the tram route 58. The Moonee Ponds Creek Trail is used by cyclists for recreation and commuting. Due to the short distance into the city, commuting is also a breeze both into the CBD and via freeways.
Pascoe Vale features many gardens and parks with Cole, Austin and Kelbin Reserves as well as Moonee Ponds Creek. There is also the Pascoe Vale swimming pool to cool off in summer and the Pascoe Vale Hotel on the corner of Railway Parade and Fawkner Road to quench your thirst.
John Fawkner Private Hospital and Brunswick Private Hospital are nearby and doctor’s surgeries throughout as well as the Dorset Rehabilitation Centre there is a multitude of health services on your doorstep.
With multiple grocers around the area and small boutiques as well as Brunswick shopping precinct just a stone’s throw away this area is sure to catch your attention.
Why invest in St Kilda?
The area is experiencing very high market demand with higher visits per property than average for Victoria. This is as the area caters to both established and growing families as well as independents removing the niche markets which are often experienced within capital cities. Both houses and unit median prices have been on a steady incline since 2012 and have begun to boom from 2016 to present.