Spotswood: An Underrated Suburb Poised For Redevelopment

46 Robert Street, Spotswood

46 Robert Street, Spotswood

This sleepy little suburb is one of that few that still offers incredible value to buyers who are looking for period houses within 6km of the city.

Take this cute Victorian cottage, which was purchased last week for $540,000 in one of Spotswood’s best streets.

“Like it or loathe it, locals understand that close proximity to the city spells gentrification.”

When I first arrived at the property, the leafy streetscape was a welcome start. I wondered what kind of condition the house would be in given its price tag.

I was pleasantly surprised. In fact I noted that the property presented a wonderful opportunity for improvement given its relatively good condition.

A repaint, an upgraded kitchen and some clever configuring of a covered outdoor area could significantly enhance the property, and for relatively little cost.

Spotswood fascinates me a little bit because it seems quite underrated when compared to its adjacent neighbours; Yarraville and Newport.

Seemingly quiet, it is poised for bigger things as its land use changes from industrial to residential and commercial.

Spotswood Is Destined For Bigger Things

Once a grungy little town on the banks of the Yarra, this little gem at the base of the Westgate Freeway is now home to some excellent cafes and one of my favourite local hotels – The Spottiswoode Hotel.

Significant redevelopment is also on the cards. There has been plenty of talk about an Aldi store, while plans for a Woolworths, specialty stores and high density housing have been documented.

Like it or loathe it, locals understand that close proximity to the city spells gentrification.

Hudsons Road offers a few great cafes including Mies, Chase Kitchen (grab the Boston Burger!) and the ever-popular Duchess, which serves fantastic English-style breakkies and lunches.

“Spotswood fascinates me a little bit because it seems quite underrated when compared to its adjacent neighbours.”

As it’s just a quick ride over the Westgate, foodies from Port Melbourne have ventured over to sample the coffee and try out the all-day breakfast on offer.

Spotswood Station is just seven train stops from Southern Cross, meaning the suburb offers a more affordable option for city commuters who value an inner-city lifestyle.

And one of my favourite Sunday family activities is a visit to Scienceworks. For anyone who hasn’t visited the museum, it’s a great day out and a worthwhile train trip!

For more information about Spotswood, read our suburb profile here.

Sales and Growth Chart for Spotswood

Source: Pricefinder

Points of Interest in SpotswoodPostcode 3015

Scienceworks
Spotswood Primary School
St Margaret Mary’s Primary School
Hobsons Bay City Council

Disclaimer: This article is intended to provide general information only and has been prepared without taking into account any particular person’s objectives, financial situation or needs. Investors should, before acting on this information, consider the appropriateness of this information in regard to their personal objectives, financial situation or needs. We recommend investors obtain independent financial advice specific to their situation before making any financial investment or property purchase. The case study above has been used for illustration purposes only.

About the Author

Cate Bakos is an independent buyers advocate and qualified property investment advisor and has proudly been a property investor for 17 years. Cate has a Bachelor Degree in Chemistry (Hons), Certificate 4 in Property Services (Real Estate), a Certificate 4 in Financial Services (Mortgage Broking). She is also a licensed real estate and a Qualified Property Investment Advisor accredited by Property Investment Professionals of Australia (PIPA).

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