John McGrath tells about the most hot-gr Melbourne
One of Australia's leading real estate agents says the noble city center and quiet "forgotten pocket" of the north are among the suburbs of Melbourne that are skyrocketing. Well-known agent John McGrath published his annual report for 2019 on Wednesday and named Kensington in the inner northwest of Melbourne one of the most attractive suburbs for buyers. The multicultural Carnegie and coastal Cheltenham in the southeast are also among the top five at McGrath, along with Watsonia in the north and the upcoming Upway in the craggy east. McGrath believes the Melbourne real estate market has “excellent foundations” to support medium and long term growth. These five districts are at the top of his roster.