Priced out of your dream suburb? Try looking into properties near neighbouring train stations. Buying a home just one or two train stops further down the train line, could save you a lot of money.
To illustrate, an extra two minutes on the Upfield line between Royal Park and Brunswick’s Jewell station could save you upwards of $400,000.
Searching for your new home one stop further along a train line is a good strategy for saving thousands and you can still have good access to the CBD. Suburbs further along the train line might not be as popular but can still have good access to school zones, parks, shopping options and amenities.
The pandemic may have also shifted people’s view of commuting. With more people working part-time from home, commuting a little extra has become more acceptable, especially if it means saving thousands of dollars on their home purchase.
Before considering looking for your new home ‘down the line’, do your research. It is important to ensure that you will still be able to get the style of property you are looking for and that you are still close to all the services and amenities that are important to you. Also consider whether there are express trains available and whether the frequency of trains that run along your chosen line suits your needs. Also check to see how long it would take you to walk to the train station.
Ask us how we can help you identify some great suburb options for you to begin searching for you dream property.
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