Question 1

Is Attwood a nice place to live?

Accepted Answer

Attwood is a quiet outer-northern suburb on Melbourne’s north-western fringe with a working-suburb character: residential pockets sit beside light-industrial and commercial estates, and most homes are single-storey on larger-than-average blocks. The area is edged by open paddocks, reserves and sporting ovals, giving a semi-rural outlook. The community of 3,309 people has a median age of 42 and is weighted towards families; couple families with children make up 59.9% of family households and owner-occupation is high at 91.9%.

Everyday shopping and services are found in adjoining Broadmeadows and Gladstone Park, while road links provide straightforward access to major arterials and regional transport hubs. Council consultations are under way on local infrastructure and open-space priorities, and state projects around Melbourne Airport identify Attwood within nearby residential growth corridors; the Melbourne Airport Rail project has moved into early works and the suburb is listed for improved mobile coverage. That mix will suit people who work in nearby industrial precincts or who want larger blocks and a semi-rural outlook; whether it fits you depends on what matters most.

Question 2

Is it expensive to live in Attwood?

Accepted Answer

House rents in Attwood run about $580 a week. Against a typical local household income of $2,209 a week as recorded at the last Census, that rent would take roughly 26.3% of a typical local household's weekly income at the last Census, which sits in the moderate share band. For anyone renting, that rent share is the most relevant figure when judging how expensive it feels for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Attwood a good place to invest?

Accepted Answer

There is a clear split between capital growth and rental income in Attwood over the past year. House values rose 20.7% over the 12 months, a strong increase in what houses are worth, while house rents fell 15.9%, a large decline in the income those properties earn. Put simply, capital growth has been the stronger performer this year while rental income moved the other way, and whether that trade-off suits your goals depends on what you want from an investment.

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	N/A	N/A
Change in value Past 12 months	20.7%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$580	N/A
Change in rent Past 12 months	-15.9%	N/A

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