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Suburbs in Banyule Ideal for Families, Investors & First-Home Buyers

Buying

Banyule


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Banyule offers a diverse mix of family-friendly neighbourhoods, high-growth investment areas, and affordable entry points for first-home buyers. Whether you're after great schools, strong rental demand, or a smart first purchase, there's a suburb for you.

Great Suburbs for Families

Families seek areas with great schools, parks, and a strong community feel. Top choices include:

  • Ivanhoe & Ivanhoe East – Close to prestigious schools, tree-lined streets, vibrant shopping and dining villages including many cafes, restaurants and take-away food options.
  • Eaglemont – Exclusive, peaceful, and close to Heidelberg’s medical precinct.
  • Rosanna – Large blocks, excellent schools, shopping, and extensive parklands.
  • Viewbank – Home to the highly regarded Viewbank College and a strong community atmosphere.
High-growth Suburbs for Investors

For strong rental demand and capital growth, consider:

  • Heidelberg – A major growth hub with hospitals, transport, and shopping.
  • Macleod – Popular with families, students and young professionals.
  • Heidelberg Heights – A mix of older homes and new developments with easy access to shops and transport.
Affordable Options for First-Home Buyers

For first home buyers and with future growth potential, these suburbs are ideal:

  • Yallambie – A quiet, family-friendly area with great value family homes and the highly-recommended Streeton Primary School.
  • Bellfield – Well-connected with transport, universities and shopping centers.
  • Heidelberg West – Rapidly developing with great investment potential given its proximity to Ivanhoe and the CBD.

Whether you're buying a family home, investment, or your first home, Banyule has a suburb to suit you with a diverse mix of family homes, townhouses, units and apartments. 

Contact the Miles team for expert advice and to discuss our wide range of listings as well as off market opportunities.


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