By Michael Tomadakis, Sales Executive & Auctioneer, Collings Real Estate
Melbourne’s Inner North offers first-home buyers a mix of lifestyle, value and long-term growth potential. As someone who has helped many buyers and sellers in Northcote, Thornbury, Preston and Reservoir, here are my tips for first-home buyers considering these areas:
Why Inner North?
- Diverse housing: houses, apartments—options for different budgets and life stages
- Local amenity: strong cafe culture, shops, transport, parks and schools
- Comparative value: Reservoir and Preston offer entry points, Northcote/Thornbury suit those wanting walkability and lifestyle
What should first-home buyers consider?
- Be realistic about ‘must-haves’ versus ‘nice-to-haves’
- Research pockets with future upside—sometimes just being slightly further from High Street means more value
- Don’t get trapped waiting for a perfect market—focus on fit and long-term goals
For honest, evidence-based advice on buying your first home in Northcote, Thornbury, Preston or Reservoir, get in touch today.
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