The 15 Best Melbourne Suburbs to Buy in This Spring
/Melbourne’s Spring Property Market
Spring traditionally signals the busiest season in Melbourne real estate. More homes are listed, gardens are in full bloom, and buyer demand ramps up after the quieter winter months. For buyers, it’s also the time to act decisively—competition is fierce, and well-located properties can sell fast.
With that in mind, we’ve shortlisted 15 Melbourne suburbs that are standing out in 2025—whether you’re a first-home buyer, upgrader, or investor.
1. Glen Waverley – The Education and Lifestyle Hub
Known as the “Centre of the Universe,” Glen Waverley continues to attract families with top-performing schools, excellent transport, and a thriving retail and dining precinct. Prices remain competitive relative to its long-term growth outlook.
2. Blackburn – Green and Family-Friendly
Nestled in Melbourne’s leafy east, Blackburn offers parklands, reputable schools, and a village atmosphere. Steady demand has underpinned consistent capital growth.
3. Preston – The Inner-North Riser
With the tram, train, and a lively market precinct, Preston has shed its industrial past and is now a lifestyle magnet for young families and professionals.
4. Reservoir – Affordable Inner-North
Just next door, Reservoir is more affordable than Preston but offers similar connectivity and strong rental demand, making it a smart entry point.
5. Ringwood – Gateway to the East
Anchored by Eastland Shopping Centre and direct train access, Ringwood is booming with infrastructure and showing solid rental yields above 3%.
6. Bentleigh – Schools and Stability
Bentleigh’s family appeal is undeniable. Excellent schools, leafy streets, and good transport links ensure continued buyer interest.
7. Mitcham – Quiet Yet Connected
Offering a balance between affordability and lifestyle, Mitcham is benefiting from steady buyer demand across both houses and units.
8. Essendon – Heritage and Connectivity
Close to the city but with a village feel, Essendon blends historic homes, trams, and cafés with strong long-term growth.
9. McKinnon – A School Zone Favourite
McKinnon Secondary College is the driver here, pushing consistent demand from families keen to secure a spot within the coveted catchment.
10. Cranbourne East – Affordable Growth
With schools, shopping, and new estates, Cranbourne East is booming. For buyers seeking affordability and growth potential, it remains a standout.
11. Tarneit – Western Growth Corridor
One of Melbourne’s fastest-growing areas, Tarneit is affordable and continues to benefit from major rail and road upgrades.
12. Clyde North – New Communities Emerging
Master-planned estates, new schools, and improved infrastructure are drawing families and first-home buyers into Clyde North.
13. Werribee – Value with Strong Yields
An affordable option with direct rail to the CBD, Werribee continues to deliver both capital growth and healthy rental yields.
14. Greenvale – Affordable Northern Option
With room to grow and relatively lower entry prices, Greenvale is on the radar for buyers priced out of inner-north suburbs.
15. Point Cook – Lifestyle and Diversity
Point Cook’s multicultural community, abundance of schools, and strong family appeal have made it one of Melbourne’s most popular southwest suburbs.
How to Choose the Right Suburb
When shortlisting, consider:
Lifestyle priorities: schools, transport, parks, or cultural amenities.
Growth potential: look at planned infrastructure and demand drivers.
Budget vs. location trade-offs: emerging suburbs like Tarneit or Clyde North may offer better affordability than inner-city blue-chips.
Rental yield: investors should note suburbs like Ringwood, Essendon, and Werribee with strong occupancy rates.
Final Word
This spring, Melbourne buyers are spoiled for choice. Established suburbs like Glen Waverley and Essendon offer long-term stability, while growth corridors in the west and southeast present value and upside.
As explained by David Dawn, Licensed Conveyancer at Victorian Property Settlements, acting early in spring can give buyers an edge: “Competition always spikes, but those who do their research and move quickly often secure the best opportunities.”
Victorian Property Settlements – Trusted for over 25 years by Victorian buyers and sellers. Visit: www.victorianpropertysettlements.com.au