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It's perhaps the ONLY spot that is still undervalued in the East within 20kms - but probably not for much longer seen as some properties are selling over 1mil. The tram is not too bad, back in my uni days at Deakin, it took about 45mins from City to Hartwell then by tram to uni...

Really? I thought that those who got the most capital increases was buying undervalued and overlooked suburbs then riding the wave when it comes - mostly from the spill effect of popular surrounding suburbs? Take for example Ashburton - the last suburb in the City of Boorondara to hit $1mil...

mehh I think Knox has risen and peaked - prices were hovering around the $400K mark a few years back, now knocking $600-$700K, same basket as Ringwood without the freeway or a train network.

Just curious about your thoughts about inner east Melbourne, is there any suburb at all providing some value? I'm more referring to 600m2 + blocks within 20kms from CBD on the Eastern/South Eastern end of Melb. The only suburb(s) at the moment which springs to mind is Burwood East & Chadstone...