5 reasons buyers flock to Flemington
4 October 2017
An old-world charm
As one of the oldest areas in the City of Moonee Valley, Flemington is a melting pot of history and culture. Home of the Wurrundjeri People, the area rapidly expanded in the 1800’s with the development of Flemington Racecourse (formerly named Saltwater River Flat Racecourse), which hosted the first Melbourne Cup in 1861.
You can step back in time as you drive down Flemington’s wide and hilly tree-lined streets filled with heritage homes from the Victorian and Edwardian eras.
A home to suit all budgets
Period homes (which may be detached or semi-detached) are currently around the $1 million mark, with average rents around $500 per week.
There are also modern apartment living options along the main streets. Modern two bedroom apartments start at around $700,000, while you can still pick up a one-bedroom bargain for around $400,000 which isn’t too shabby considering your proximity to the CBD.
Close to all lifestyle amenities
When you live in Flemington you can enjoy transport, shops, parks and entertainment generally within walking distance. From the classy cafes and trams on Racecourse Road to nearby Newmarket Station, Newmarket Plaza, local parks and Flemington Racecourse, it’s all a stone’s throw away.
What’s more, Flemington is a great option for those who work in the city as it just minutes north-west of the CBD. And while Flemington can be traffic-heavy during peak racing seasons, there are many public transport options to make getting around easy.
Lifestyle and culture
Flemington has undergone a cultural transformation from its initial art-deco influence and now boasts both a fusion of both modern and historical styles. This eclectic mix attracts local and international tourism, particularly around racing season, so the culture is naturally vibrant, edgy and upmarket.
If you’re a foodie, you’ll love the extensive range of quality dining options, while there is also a strong café culture particularly along Racecourse Road.
With nearby universities, Melbourne's CBD on the doorstep and a modern lifestyle to offer, Flemington is a popular lifestyle choice among independent youth (34.8 per cent) and maturing adults (21.9 per cent), according to realestate.com.au.
Festivities
Without question, the biggest drawcard to Flemington is its racecourse. Home of the nation’s biggest horseracing event, the Melbourne Cup, Flemington comes alive like no other town during the Spring racing carnival season.
If you’re looking for a vibrant twist on urban life, consider Flemington as the perfect trifecta or chat with us today.