Family snap up mid-century house in Vic suburb picked as one of the best places to invest

Emily Wright and her partner, Robert purchased a family home in Heidelberg, an area pickled out by Finder as one of the best places to buy property.

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Emily Wright and her family snapped up a mid-century house in Heidelberg earlier this year, an area primed for price growth according to a leading comparative website.

Finder’s Property Investment Index revealed Heidelberg to be in the top three hotspots to purchase a house as an investment based on population growth, market demand and historical price data.

And Ms Wright said since moving into their new home in May, they had loved the leafy area and the more spacious property compared to their former “cottagey” Northcote abode.

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“We were looking very specifically at mid-century places, so we were looking for two years,” she said.

“And we were looking for something very specific: we wanted our property to back onto parkland, so that cut out a lot of properties.

“I feel like the things that we were after are things that other people also value.”

Ms Wright added that she loved the proximity to parkland and bike paths, while not being too far away from the city and amenities.

Emily, Robert, Neive and Rusty the dog are loving living in their mid-century home bordering on to parkland.

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For those looking for their dream home or an investment property, she said it helped to know the local real estate agents of areas you were interested in.

Miles Real Estate Ivanhoe and Rosanna director Brad Pearce said Heidelberg was “incredibly tightly held” and surrounded by parkland.

He added that the location of the Austin Hospital was a major drawcard with 10,000 people working there, as well as being a hub for public transport.

“It’s a really reliable suburb, that’s for sure,” he said.

Mr Pearce forecast the suburb would continue to grow because of its proximity to the city and huge blocks of land.

He noted that the Victorian government had pegged Heidelberg’s main precinct as a preferred location for more higher-density housing, retail and community facilities by 2030.

“In the last 10 years, it’s become quite cosmopolitan; it’s a draw card for the outer suburbs as well, lots of people shop there,” he said.

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sarah.petty@news.com.au