Property Investment Blog

Wednesday, 29 April 2026

4 Suburbs in Melbourne PropertyDirector Picked for growth in 2024

In 2024, PropertyDirector identified four Melbourne suburbs under the ~$650K price bracket using data-driven insights we shared with our community.


Those suburbs were Campbellfield, Deer Park, Delahey, and Albanvale. Fast forward to 2026 - the capital growth across these areas highlights the strength of strategic, data-led property selection.


Here’s how they performed:


* Campbellfield (VIC 3061): $610,000 > $745,000

+$135,000 growth | 10.51% annual compound growth


* Deer Park (VIC 3023): $657,500 > $738,500

+$81,000 growth | 5.98% annual compound growth


* Delahey (VIC 3037): $640,000 > $748,500

+$108,500 growth | 8.14% annual compound growth


* Albanvale (VIC 3021): $616,500 > $715,000

+$98,500 growth | 7.69% annual compound growth


Want to identify the next wave of high-growth suburbs before the market moves?


Subscribe to our Professional or Professional Plus+ plan today and start receiving high-quality, data-backed insights to help you build equity and capitalise on future opportunities.


https://www.propertydirector.com.au/choose-plan