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“As far as affordability goes, Braybrook is the jewel in the crown of the west at the moment,” he said. Sweeney recently sold an old Munition Workers’ Housing property to a first home buyer at 6 Dedrick Grove for just over $500,000. The same property in Yarraville would be double that price, Mr Johnson said. This three-bedroom home at 6 Sedge Close, Braybrook, sold for $520,000 in July. Photo: Bells Real Estate The inner west was still relatively good value compared with the rest of Melbourne, Jas Stephens managing director Craig Stephens said. Prospective buyers with a $600,000 or under budget would be looking at a two-bedroom townhouse or unit, and would more likely find something in Maidstone, Sunshine or Braybrook, he said. Braybrook was likely the next suburb that could take off, Mr Stephens said, and there had been a big increase in http://www.nanotechnologydevelopment.com/uncategorized/top-tips-for-handy-plans-in-mortgage-broker-melbourne/ people looking to buy homes in peripheral suburbs to Sunshine. The average first home buyer loan in Victoria was $315,100 in August, Australian Bureau of Statistics data shows, which meant the typical purchase price would be under $400,000. Considering $600,000 was on the higher end of a typical first home buyers’ budget in Melbourne, it was quite concerning there was only one suburb within 10 kilometres of the CBD under that median, First Home Buyers Australia co-founder Daniel Cohen said. Buyers hunting in the $600,000 mark would aim to get in just under that threshold because they wanted the stamp duty savings, he said.