Data from Domain in 2021, show that some bayside suburbs of Melbourne that were five kilometers or less from the beach, saw a price increase of as much as 30%. Black Rock recorded the highest price hike of 30.6%, followed by Mentone and Frankston South with a 29% increase. Other bayside suburbs that increased in value were Albert Park, St Kilda, Seaford, Carrum and Frankston. In her …
The Melbourne downsizers buying city properties to suit their beach lifestyle
Buyers and sellers advocate Wendy Chamberlain from Chamberlain Property Advocates has spoken to Domain regarding what is currently on Melbourne downsizers' wish list. “I think there is a definite trend of downsizers buying a low-maintenance city base in Melbourne that offers them quick and easy access to freeways to escape down the coast as they please. They know the timings necessary to leave by …
