Question 1

Is Delahey a nice place to live?

Accepted Answer

Delahey is an established suburb in Melbourne’s outer north-west, within the City of Brimbank. Streets are dominated by single-storey brick and weatherboard homes on family-sized blocks, many set around small parks and playgrounds, giving the area a quiet, residential feel. The community numbers 8,077 people and has a median age of 39, and families are prominent, with couple families (with and without children) accounting for 77.5% of families.

A compact local shopping centre and community facilities meet everyday needs, while larger retail and services are a short drive away. Bus routes link to nearby train stations and major arterial roads, so commuting and regional access are straightforward. Homes are mostly owner-occupied, 36.6% owned outright and 39.9% owned with a mortgage, a combined 76.5%, and median household income is $1,486 a week. The suburb has also seen council-led upgrades to sports facilities, school buildings, a fenced off-leash dog park and the community centre. That combination tends to suit families and people after a settled neighbourhood with outdoor space.

Question 2

Is it expensive to live in Delahey?

Accepted Answer

Against the typical local household income recorded at the most recent Census (about $1,486 a week), housing costs in Delahey run noticeably high. The median house price of $693,125 is roughly 9.0 times a typical local annual household income at the last Census, which sits in the well above local incomes band. Renting is less stretched but still sizable: a house rent of $500 a week would take about 33.7% of a typical local household's weekly income at the last Census, and a unit rent of $450 a week about 30.3%.

Which of these matters most depends on whether you plan to buy or rent and on your own income and circumstances.

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 Delahey a good place to invest?

Accepted Answer

House values in Delahey climbed a strong 10.1% over the past 12 months, while unit rents rose a more modest 2.3% over the same period. The figures show a noticeably larger movement on the capital growth side for houses than the movement in unit rental income this year.

If capital growth is the priority, the house value change is the relevant figure; if rental income is your focus, the unit rent change is the metric that matters. Whether that balance suits your plans and circumstances is something you’ll need to weigh up yourself.

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	$693K	N/A
Change in value Past 12 months	10.1%	N/A
Sold Past 3 months	18	3
Median days on market Past 12 months	26	N/A
Average rent Past 12 months	$500	$450
Change in rent Past 12 months	N/A	2.3%

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