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Craigieburn is a satellite town in the fringes of Melbourne with a very weak performance compared to other surrounding communities in this part of Australia. Although property prices have risen, the most significant rise has been over the course of last year. For 2020, the average capital gain increase was 8.31%. The rise was the median home price hit $584,900. Also, an upward rise in the value of houses in the area witnessed a 3-year increase of 2.77% per annum. The overall statistics show that despite the slow increase, the value of properties in the local market has not done badly. 

For example, Craigieburn remains one of the fastest-growing suburbs in Victoria, with a rise in investment. It currently ranks 531st for suburbs attracting local investments. The investment injection is due to the slow but consistent population growth, which has stimulated the demand for accommodation in the area. This is witnessed even more in the rental market as weekly rents average about $400. Also, houses that are listed for sale spend an average of 64.9 days before a new owner buys them. When you compare the waiting period with other surrounding locations, Craigieburn houses may take longer to sell, but when compared with the general property market of Victoria, it takes less time.

Based on available data, Craigieburn was the 23rd most active real estate property market in Victoria last year, and 78.8% of houses are owner-occupied. What this goes on to show is that despite the lower capital gains, the locality has bright prospects for growth.

• There are 140 parks in Craigieburn
• The major age group is 30-39 years
• The average mortgage repayment is $1800-$2399

If you must buy a property in Craigieburn, you need conveyancing more than ever, and the reasons are quite simple. To actually be the true owner of a house, the documents attached to the property have to bear your name. Change of property ownership is important but also very complex. With so many filings and vetting required, you may make mistakes along the line, which will only jeopardize your investment one way or the other. However, with the help of an expert, you can rest easy while the entire process is handled for you. You save yourself the headaches, speed up the process, and avoid financial losses that might result from errors 

Craigieburn is a suburb in Melbourne, Victoria, just 25 km away from the central business district of the capital city. With a local government headquarters in Hume, the population is 50,347. This local suburb covers Mount Ridley and Bridgewater Road, and much of the land is 200 meters above sea level. From Craigieburn's vantage point, you can see Melbourne clearly about 29.7 km away. 

According to recorded history, the first people to live in the area were indigenous tribes long before travelers began to arrive via Old Sydney Road.  With the influx of migrants came development, and the town's first-ever post office was opened in 1866. Beyond that, not much is known about Craigieburn's history before the arrival of the settlers.

In modern times, one significant development has been the changing demography. The town is a melting pot of diverse cultures, and there are people from all nationalities living side by side. Based on the 2006 census, about 71.9% of residents were born in Australia. The rest were born in different countries, including England, Turkey, Italy, Sri Lanka, Pakistan, Iran, Iraq, New Zealand, and India.

• Craigieburn has a growing population
• Many of the households are family units
• A significant percentage of the working population are professionals

Craigieburn may be a suburb lying on the fringes of Melbourne, but it is not an obscure location. The development of Melbourne has spread to the town, and there are many local attractions here, just like you will find in any other town of equal size. If you happen to visit Craigieburn anytime soon and you will like to spend some alone time or time with your friends or family outdoors, here are some very nice spots to visit.

Golden Sun Moth

The Golden Sun Moth is a playground for children located in a safe and scenic environment. However, even adults come here to relax and watch their children's regular playtime. The ground is quite extensive, and you can indulge yourself in reading a book or just gathering your thoughts as you look into the future.

Mount Ridley Lookout

Mount Ridley is one of Craigieburn's very own tourist landmarks. It has walking areas and all around are green spaces and trees. There is a sitting section where you can relax and enjoy the pleasant view under blissful weather.

Highgate Reserve

With so many Parks in the area, it shouldn't come as a surprise to you when you find so many free spaces in Craigieburn. Highgate is a special reserve for recreational sports and social activities. Located in an obscure location away from the noisy central district of Craigieburn, you can organize events here or invite your loved ones for a picnic. Also, Highland is a great place to go jogging too.

Craigieburn Willmott Golf Course

Craigieburn Wilmott is one of the golf courses in the area for golf enthusiasts to practice their swinging. There are also mini-competitions organized here from time to time, and you get to meet players from different parts of the country.

Some of the other local attractions you should consider visiting include

• United Cinemas
• Chauffeur Link Melbourne
• Restaurants and Cafes in the area
• Shopping malls