Five budget Melb suburbs slated to boom in 2027

A new report has flagged Sunshine, Werribee, Reservoir, Boronia and Highett as the Melbourne suburbs set to be strong contenders in the 2027 market. Five budget suburbs including an emerging hot spot in Melbourne’s west dubbed one of city’s best-kept property secrets have been tipped for a bumper 2027. McGrath Estate Agents founder John McGrath highlighted Sunshine, Werribee, Reservoir, Boronia and Highett among his Victorian suburbs to watch in the annual McGrath Report, released on Saturday. Mr McGrath nominated multicultural Sunshine, with an $850,000 median house price as offering plenty of choice in Melbourne’s west including terrace homes and 1920s Californian bungalows. RELATED: Melbourne suburbs tipped for six-figure house price gains Werribee family’s backyard bigger than the MCG for sale at $18m Average Victorian buyers face lockout from 16 suburbs if RBA hikes “Its days as one of Melbourne’s best-kept property secrets may be numbered,” Mr McGrath said. Sunshine is set to become a major stop on the future Melbourne Airport Rail Link with pre-stage one works underway to transform the suburb’s train station into a transport super hub, including two new platforms and capacit...