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Dane Clasen and his partner Tina and four-year-old son Liam have moved into their first home in Eynesbury. Picture: Jason Edwards
A 2022 decision to buy a house and land package has paid dividends for an Eynesbury family.
Dane and Tina Clasen bought their first home as a yet-to-be-built residence in the relatively new suburb famed for its homestead, golf course and resident peacock population two years ago.
They bought in the suburb’s housing estate by Resimax as it was the best option they could afford at the time.
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But the price they locked in at the time was well below what the home was worth when they collected the keys in June last year.
In the past year alone Eynesbury’s median house value has risen from $672,000 to $706,000.
“You need to buy a home to live in, but the fact that it has already gone up in value was just an added bonus,” Mr Clasen said.
The family love that their son can walk to daycare with his mum alongside a golf course, while a local school means he’ll be equally well catered for in a year’s time.
“And there’s a real country community vibe,” Mr Clasen added.
“Halloween came around and there were a bunch of streets that were cornered off so no cars could come in and you were meeting all the neighbours … and there were Christmas lights everywhere, too.”
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Liam enjoys a bike ride outside their property in the western suburb of Eynesbury, which is among the top performing price growth areas. Picture: Jason Edwards
While the family are thrilled with their home’s growth in value they’re conscious that if they were trying to build a home there today, and still earning what they were two years ago, they would not have been able to afford it.
Resimax chief executive Aziz ‘Ozzie’ Kheir said after years building the suburb — Melbourne’s only one known for a local peacock population, an additional road connecting it to the Wyndham area as well as a bus link added in 2024 — had paved the way for home price growth.
However, both events occurred in December, making the past year’s growth a surprise for his firm, as they had expected home values to lift from 2025.
“So it’s a suburb that will continue to chip away and increase in value as it does have all the right attributes to it,” Mr Kheir said.
Another home in 8 Ravenswood Ave, Eynesbury sold in October for $720,000.
“It’s a very family-oriented area, and there’s slightly larger blocks than other new land estates in the area. And 50 per cent of it is open space.”
And with a town centre also still to be built, he said there was also a possibility homes would have a future growth spurt as the area became more desirable.
It comes as Melbourne’s battler ‘burbs were revealed to be the big winners of 2024’s housing market, as affordable addresses dominated the list of the city’s top-performing areas.
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nathan.mawby@news.com.au
