Melissa and Andrew Glavati, with their kids Maverick, 6 and Savannah, 2 at their Sunbury home.
Melissa Glavati has lived in Sunbury since she was nine-years old and believes the suburb has come a long way as she’s begun raising her a family there.
And while the postcode to Melbourne’s north west has just been ranked Australia’s top prospect for home price growth, based on escalating sales numbers over the past few years, Ms Glavati’s not surprised to hear a price rise is on its way — she thinks it’s already started.
RELATED: Where Melbourne prices are about to be ‘supercharged’
‘Choked out’: concerning rise in insurance claims and home sales
Having sold their first family home in the suburb during the 2016 boom, she said she was starting to see many of the same signs emerging: rising numbers of people at open for inspections, as well as auction numbers rising.
“And people are coming into the area from Essendon and Ascot Vale where they can’t afford what they can in Sunbury,” she said.
New housing estates being built in the area are also pegged to be joined by new shopping centres and schools, adding to the area’s infrastructure.
More people relocating from suburbs closer to Melbourne had also been bringing demand for organic foods, and that had sparked a hospitality overhaul in the suburb — though the old pubs and bowls clubs remained.
The Sunbury home the Glavati family is selling in Alexander Court.
“It’s a bit more fancy compared to when I was a kid, and I quite like having that in Sunbury,” Ms Glavati said.
“And it’s a good place to raise a family, with lots of sports and activities, and the community is really tightly knit. So you feel safe in Sunbury.”
MORE: Shock move in Melbourne home prices revealed
Cost of living: Melbourne families now need $75,000 a year to cover mortgage, bills
She added that while she had loved growing up in the suburb, as well as raising her own family in her four-bedroom house at 25 Alexandra Court, the family’s dream home had become available in neighbouring Riddells Creek prompting them to sell up.
“But we do have the best neighbours in the world, and the court is full of families … so it will be very sad to say goodbye to them,” she said.
Sunbury has been earmarked as one of Australia’s best positioned suburbs for home price growth in 2025. Picture: Brendan Beckett
Raine and Horne’s Amanda Burt and Jayden Manno are selling the home for the family and Ms Burt said with demand for similar homes significantly up this year compared to last, they were auctioning it on May 24 with expectations of an $895,000-$980,000 result.
“It’s because of the interest rate cut, that’s pushed people to come and commit now, where they weren’t before,” she said.
“And this is the type of home that is proving pretty popular.”
Inside the Alexander Court home, which has a price guide of $895,000-$980,000.
The house comes with a double garage, open-plan living area with a kitchen as its hub, a study and a home theatre on the ground level.
The four-bedrooms upstairs are joined by a retreat and two bathrooms, including an ensuite for the main bedroom.
Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
MORE: Coburg: Dilapidated house sells for almost $1m after 70+ years in one family
Moonee Ponds heritage mansion with bank vault in the garage up for sale
Frankston North house price record: Local and interstate bidders battle for home
English (US) · 