Pizza and Property Weekly Slice 239: Diggers Rest $450K to $600K: Is it a NO or is it a GO? Listeners Choice Melbourne - with Junge Ma & Todd Sloan
Diggers Rest $450K to $600K: Is it a NO or is it a GO? Listeners Choice Melbourne
Every month, we ask our audience to send in a suburb that they'd like analysed. InvestorKit's senior research analyst Junge Ma goes into every detail on buying your first home in Melbourne’s outer suburbs.
In this episode, Junge answers a question from Marcus about whether Diggers Rest is a good option for him to buy his first home, given his budget of $450,000 to $600,000, and he is particularly interested in ensuring that he is planting the seed somewhere with strong potential for capital growth.
Junge Ma breaks down the latest data on population growth, construction activity, and rental yields in the Melton LGA, highlighting key factors like high inventory levels, rising vacancy rates, and short-term capital growth potential. They discuss what this means for buyers looking for affordability versus investors chasing strong returns and why Diggers Rest’s 40 km distance from Melbourne CBD plays a role in its market dynamics.
Todd and Junge wrap up with practical insights for anyone weighing up Diggers Rest as their next property move—whether you’re a first home buyer wanting value for money or an investor seeking long-term growth. Tune in for a clear market update you won’t want to miss!
And of course, if you'd like a suburb analysed, click the link below and get in touch! 👉👉👉 https://pizzaandproperty.com.au/listeners-choice-area-analysis
Get in touch with our amazing episode contributors & sponsors:
Talk to Junge Ma & InvestotKit's team of experts today! 👉👉👉https://www.investorkit.com.au/
Steve Ash: https://www.propertystrats.com.au
Check out Rob Flux: https://developernetwork.com.au/events
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