Pizza and Property Weekly Slice 187: Could Laverton be a Hidden Gem? Let's Find Out! - With Junge Ma
Could Laverton be a Hidden Gem? Let's Find Out!
Every month, we ask our audience to send in a suburb that they'd like analysed. Investorkit's lead research analyst, Junge Ma will be going through the data to let them know whether it's a NO or a GO!
The question for todayβs episode was sent in by Frank, who is asking about a piece of property in Laverton, VIC.
He describes the property as an RGZ one that's close to train stations.
Technically a part of the LGA of Hobson's Bay, Laverton is found by Junge Ma to be more in line with the LGA of Wyndham while also being located at the border of the two LGA's.
It has a whopping nine months of stock, significantly higher than the balanced market level of three to four months.
Laverton has also been found to have a higher days on market than the LGA of Wyndham, with 91 days compared to 72 days by the latter.
However, Laverton's median house price sits at $650,000. Lower than that of Melbourne's median at $850,000...
To find out if this suburb is a GO or a NO, be sure to tune in to this episode as Junge Ma breaks down the data and states the facts about the suburb of Laverton in Victoria.
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
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