Spotswood is an increasingly gentrified inner-western suburb adjacent to Yarraville and Newport, with a growing arts and hospitality scene along Ferguson Street. Its direct train access to the CBD and affordable median prices relative to its inner-west neighbours make it a compelling upgrade destination. At the current $980k median house price, an 80% loan at 6.25% over 30 years is about $4,827 per month.
| Median house price | $980,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $4,827 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 3.9% |
| Typical days on market | 12 |
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