Epping, located approximately 20 km north of Melbourne’s Central Business District, is part of the City of Whittlesea. This suburb is known for its rapid development, affordability, and a mix of residential, commercial, and industrial areas.
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Demographic Profile
- Population: Epping is growing and diverse, reflecting its development and urbanisation. According to the 2021 census, the population of Epping was 33,489.
- Predominant Age Group: The suburb is popular among young families and professionals, with a significant representation in the 20-39 age group.
- Median Household Income: Generally aligns with the broader Melbourne metropolitan area, though slightly lower, reflecting its appeal to first-home buyers and young families.
- Occupancy: Homeownership and rentals, with new housing developments attracting many first-home buyers.
Real Estate and Growth
- Median House Prices: The median house price in Epping is around AUD 600,000, making it an affordable option compared to many Melbourne suburbs.
- Median Unit Prices: Units are priced at an average of AUD 400,000, offering an accessible entry point into the property market.
- Rental Market: The median rent for houses is about AUD 380 per week, while for units, it’s approximately AUD 320 per week.
- Market Trends: Epping has seen substantial growth and development, with new housing estates and infrastructure projects enhancing its appeal.
Education and Lifestyle
- Schools: Epping is home to several primary and secondary schools, including Epping Primary School and Epping Secondary College.
- Local Vibe: The suburb has a vibrant and diverse community, with local shopping centres, markets, and various cultural events.
- Community Insights: Appreciated for its affordability, growing amenities, and community spirit.
Transportation
- Public Transport: Epping is well-serviced by public transport, including Epping train station on the Mernda line and various bus routes.
- Accessibility: Good access to major roads, including the Hume Freeway and the Metropolitan Ring Road.
Notable Features
- Proximity to Shopping and Amenities: Features Pacific Epping Shopping Centre, one of the largest in the region, and the nearby Northern Hospital.
- Recreational Areas: Several parks and reserves offer green spaces for outdoor activities and family recreation.
Epping is an evolving suburb that offers affordability, diversity, and growing amenities. It’s particularly appealing to first-home buyers, young families, and professionals seeking value for money and a community-oriented lifestyle within Melbourne’s CBD. The suburb’s ongoing development and improving infrastructure enhance its livability and investment appeal.
