Question 1

Is Aintree a nice place to live?

Accepted Answer

Aintree has grown as a predominantly residential pocket in Melbourne’s outer west, with modern detached homes and pockets of townhouses arranged around parks and new streetscapes. The neighbourhood has a low-rise, family-oriented feel and is home mostly to families and commuters who rely on arterial roads and nearby public transport. Local shops and community facilities cover everyday needs, while larger shopping and services are accessed in neighbouring centres.

The suburb is anchored by the Woodlea masterplanned community and its Woodlea Town Centre, and has Aintree Primary School plus a network of parks including the district-level Aintree North Recreation Reserve. Recent and planned local projects include a funded state primary school (interim name Aintree North Primary School), an integrated children’s and community centre, the Riding for the Disabled Association of Victoria relocating to a new purpose-built centre in Woodlea, and land secured for a future multi-court indoor sports facility, all of which expand local education and recreation options.

Question 2

Is it expensive to live in Aintree?

Accepted Answer

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Question 3

Is Aintree a good place to invest?

Accepted Answer

House values in Aintree rose 2.3% over the past year, a modest increase in the capital value of houses. Over the same period, house rents edged down 1.9%.

For someone weighing Aintree up as an investment, the figures show modest capital growth for houses over the year while rental income from houses fell slightly. Which of those outcomes matters more will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$663K	N/A
Change in value Past 12 months	2.3%	N/A
Sold Past 3 months	49	N/A
Median days on market Past 12 months	59	N/A
Average rent Past 12 months	$530	N/A
Change in rent Past 12 months	-1.9%	N/A

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