A comment from one of our regular readers, Nadege on the West Coast of the US mentioned she saw a house in Hampton, a bayside suburb not far from us with a price tag of one million dollars plus. Yes that's not uncommon in certain areas but there are affordable houses in Melbourne for 1st home buyers. It just depends on where you want to live.
The second house was in Mentone and yes, we are still there after 30 years. Its a great area and we truly love being here. Its only a short drive or long walk to the beach from our home on the bay.
When I was young (Oh! is that me talking) we just wanted to start home ownership. No big screen TVs, not even carpet on the floor. That was our first house which was about 12 miles from the CBD of Melbourne way out in the northern suburbs. The first morning we woke to the sound of cows, horses and magpies.
OK, here's the deal - we bought in 1992 at $47,000 back then and we have no idea what it may be worth today - possibly in the $700,000 plus but who's counting?
We are about a kilometre there abouts from the beach and most probably on the wrong side of the railway tracks but its still a really nice street we live in. After 30 years neighbours come and go but really not so many in our street. That says something doesn't it?
Mentone took its name from the French town of Menton (on the border of France and Italy) which sits on the Cote d'Azure.We stayed a night there on our first (2006) visit to France.
Back to House Prices in Melbourne - shall we concentrate on our local area? Why not?
From Mentone, further around the bay towards the city of Melbourne there are the suburbs of Beaumaris, Sandringham, Hampton (the one that Nadege mentioned) and then Brighton. I don't think we need to go further for this post.
But you will wake each morning with glorious views of Port Phillip Bay. These are the views the builder stole from Sue's rellies.
This little cottage on Beach Rd is a real steal at just $1.6M.
|I did find this Hampton town house - brand new for under $1m.|
|This Sandringham house didn't have its price disclosed |
but it certainly would be around $1.5m
|Brighton a little further down the road from Sandy and Hampton has this house for sale - who knows how much it will go for! Very French Provincial.|
|Still in Brighton - maybe you don't need servant's quarters and a 5 car garage, then this older style 2 bedroom apartment in this exclusive suburb might be more to your liking. It's advertised from $480k to 520k.|