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Melbourne’s ‘bridesmaid’ suburbs poised for price pickup

While Melbourne’s blue-chip suburbs have been driving the city’s recent capital growth, a raft of lesser-known locales are poised to take up the mantle of fastest price appreciation.

Fitzroy's Brunswick Street
Blue-chip Fitzroy's desirability is creating flow-on potential in surrounding suburbs. Photo: Shutterstock

While Melbourne’s blue-chip suburbs have been driving the city’s recent capital growth, a raft of lesser-known locales are poised to take up the mantle of fastest price appreciation.

A new report from Herron Todd White has identified a range of Melbourne suburbs that may not often be the front of mind for buyers, but could potentially provide strong returns for property investors.

Data from CoreLogic showed Melbourne’s median house price rose b…