Tottenham, located approximately 9 km west of Melbourne’s Central Business District, falls within the City of Maribyrnong. This suburb, known for its industrial roots, is evolving into a more residential area, blending its historical character with new developments.
Demographic Profile
- Predominant Age Group: The area attracts a diverse range of residents, including young professionals and families.
- Median Household Income: Comparable to other suburbs in the western region of Melbourne.
- Occupancy: A mix of older homes and new developments, with a growing number of residential properties amidst the industrial spaces.
Real Estate and Growth
- Median House Prices: The median house price in Tottenham is around AUD 700,000, offering more affordable options than inner-city suburbs.
- Median Unit Prices: Due to its evolving nature, units and townhouses have varying prices but are generally more affordable than those in more established areas.
- Rental Market: The median house rent is approximately AUD 400 per week, with slightly lower units.
- Market Trends: Tottenham is experiencing a transformation with increasing residential development, making it an up-and-coming suburb with the potential for growth in property values.
Education and Lifestyle
- Schools: Proximity to schools in neighbouring suburbs, with various primary and secondary options.
- Local Vibe: A mix of residential and industrial, with new eateries and facilities emerging as the suburb develops.
- Community Insights: Appreciated for its affordability and proximity to the city, it is ideal for those seeking an urban lifestyle without the inner-city price tag.
Transportation
- Public Transport: Well-connected by train (Tottenham Station on the Sunbury line) and bus services.
- Accessibility: Good access to major roads and freeways, including the Western Ring Road.
Notable Features
- Proximity to Melbourne CBD: One of its key advantages is its proximity to the city centre, appealing to those who work in or frequently visit the CBD.
- Industrial Heritage: Still retains elements of its industrial past, providing a unique character and potential for unique residential conversions.
Tottenham is a suburb in transition, increasingly attracting residents with its affordability and proximity to Melbourne’s CBD. Its growing residential sector and industrial heritage offer a unique living experience, particularly appealing to first-home buyers and investors. With its ongoing development, Tottenham presents a dynamic and evolving face within the Melbourne metropolitan area.
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