Abbotsford is Melbourne's inner-east Yarra riverside gem — an increasingly premium suburb where the Abbotsford Convent arts precinct (the largest grouping of artist studios in the Southern Hemisphere), Yarra Bend Park's 260-hectare bushland reserve within 3km of CBD, Collingwood Children's Farm, and the Main Yarra Trail cycling corridor create an extraordinary combination of urban creativity and natural amenity. Strong developer activity converting industrial sites to premium residential is driving rapid value growth. At the current $1.2m median house price, an 80% loan at 6.25% over 30 years is about $5,911 per month.
| Median house price | $1,200,000 |
|---|---|
| Median unit price | $650,000 |
| Estimated monthly repayment | $5,911 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 4% |
| Typical days on market | 15 |
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