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I think Vermont & Wartirna are already up (but not as high as Glen Waverley & Wheelers Hill).. So I think, Mulgrave & Rowville are the one.. Just my 2 cents.. ;)

I think mulgrave & rowville is better areas than dandy north & noble park.. A house is still achievable around 500-600.

I will choose this option. If you can afford Malvern East, it would be better. These areas are well proven, in terms of high capital growth. Just my 2 cents.