Melton, West Melton, Brookfield........????

Melton, West Melton, Brookfield..... these used to be some of the hotly debated investment areas in the years gone by...

What's going on with them now a days ?

I think the property values have gone down in these suburbs, in line with the other similar west Melbourne suburbs like Wyndham Vale, werribee, etc....

Am I right in making above statements.

With the slight upturn in the Melbourne property market, are there any chances of these suburbs recovering the lost ground in the next year or two ?

What are your views ??
 
Prices dropped big time, just starting to make a very small recovery now. Don't think prices will go silly again for a long time yet. Not with Toolern Vale being developed and all the vacant land between Caroline Springs and Melton. You just need to drive on the western hwy to see all the for sale signs for acreage with "great development potential".

Give it another 20 years or so....
 
Quite a few estates around the area that have been fully developed but not sold so lots of empty titled blocks costing someone a motsa...
 
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