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I mentioned Ivanhoe because REA mentioned it in a party. According to him people have sold their properties in Ivanhoe with the massive profit are moving further out to Monty and Eltham.

Yesterday I met REA in a party and he operates Greensborough, Eltham, Montmorency area. According to him price growth is just starting in the area, but it has not yet gone as crazy as Eastern suburbs. According to him people that are priced out from Doncaster, Templestowe, Ivanhoe are now...

My preference order is Eltham (especially Eltham South) near Yarra river, Montmorency and after that Greensborough. Not sure about prices nowadays, but all of them are respectable leafy suburbs with train line to the city.