Collingwood, a vibrant inner-city suburb of Melbourne, is celebrated for its eclectic mix of culture, historical architecture, and creative atmosphere. With its proximity to the city centre and diverse community, Collingwood offers a unique lifestyle that appeals to a variety of residents from young professionals to families. This article delves into the best residential areas in Collingwood, highlighting their characteristics, housing options, and average prices.
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Collingwood North
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Collingwood North is known for its leafy streets and friendly community atmosphere. This area provides a suburban feel while being conveniently close to the bustling life of Collingwood.
Characteristics of the Collingwood North
* Culture: An artistic community with numerous galleries and street art.
* Transportation: Excellent public transport options including trams and trains.
* Services: Access to cafes, parks, schools, and boutiques.
* Environment: Relaxed and family-friendly
Housing Options in the Collingwood North
Single-family homes, Townhouses, and Apartments
Average Home Prices in the Collingwood North
* Buying: $750,000 – $1,200,000
* Renting: $1,800 – $2,500/month
Smith Street Precinct
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The Smith Street Precinct is lively and full of energy, known for its vibrant nightlife, trendy restaurants, and eclectic shops. Ideal for the young and hip crowd looking for a cosmopolitan lifestyle.
Characteristics of the Smith Street Precinct
* Culture: Bohemian vibe with plenty of bars and restaurants.
* Transportation: Well-connected by trams.
* Services: Numerous dining options, cafes, and boutiques.
* Environment: Bustling and trendy
Housing Options in the Smith Street Precinct
Loft-style apartments, Modern units, and Shared living spaces
Average Home Prices in the Smith Street Precinct
* Buying: $600,000 – $1,000,000
* Renting: $1,600 – $2,200/month
Hoddle Street Area
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Located near the main thoroughfare, the Hoddle Street Area offers both convenience and accessibility. This area combines residential living with easy access to transport links.
Characteristics of the Hoddle Street Area
* Culture: Diverse community with a mix of cultures represented.
* Transportation: Tram and bus services provide good transport links.
* Services: Local shops and eateries, close to larger shopping centres.
* Environment: Busy yet convenient
Housing Options in the Hoddle Street Area
Period homes, New builds, and Apartments
Average Home Prices in the Hoddle Street Area
* Buying: $700,000 – $1,050,000
* Renting: $1,700 – $2,300/month
Collingwood East
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A serene residential area featuring larger blocks and plenty of green spaces. Collingwood East is perfect for families who desire tranquillity without sacrificing proximity to the city's amenities.
Characteristics of the Collingwood East
* Culture: Welcoming family-oriented community.
* Transportation: Tram routes nearby for easy access to the city.
* Services: Parks, schools, and local cafes enhance the suburban feel.
* Environment: Quiet and friendly
Housing Options in the Collingwood East
Larger single-family homes, Townhouses
Average Home Prices in the Collingwood East
* Buying: $800,000 – $1,500,000
* Renting: $2,000 – $2,800/month
Yarra Bend Park Area
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Nestled close to Yarra Bend Park, this area is ideal for nature lovers, offering lush green spaces and a tranquil environment for outdoor activities.
Characteristics of the Yarra Bend Park Area
* Culture: Great for outdoor enthusiasts with plenty of walking trails.
* Transportation: Good access to public transport and walking tracks.
* Services: Parks, golf courses, and community facilities.
* Environment: Natural and serene
Housing Options in the Yarra Bend Park Area
Contemporary homes, Units with park views
Average Home Prices in the Yarra Bend Park Area
* Buying: $900,000 – $1,300,000
* Renting: $2,200 – $3,000/month
Merri Creek Area
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An environmentally-friendly suburb located along the Merri Creek with a focus on outdoor living and community engagement. Great for families and active individuals.
Characteristics of the Merri Creek Area
* Culture: Community-focused with a positive green ethos.
* Transportation: Trams and bike paths enhance mobility.
* Services: Access to parks, organic markets, and community gardens.
* Environment: Green and community-driven
Housing Options in the Merri Creek Area
Eco-friendly homes, Townhouses
Average Home Prices in the Merri Creek Area
* Buying: $750,000 – $1,200,000
* Renting: $1,800 – $2,400/month
Frequently Asked Questions About the Best Residential Areas in Collingwood:
The best residential areas in Collingwood include Collingwood North, Smith Street Precinct, Hoddle Street Area, Collingwood East, Yarra Bend Park Area, and Merri Creek Area.
Collingwood East is highly recommended for families due to its larger lots, quiet atmosphere, and access to schools and parks.
The Smith Street Precinct boasts a diverse range of dining options, from trendy cafes to high-end restaurants.
Average rental prices range from $1,600 for smaller units to $3,000 for larger homes, depending on the area and amenities.
The Smith Street Precinct is perfect for young professionals looking for a vibrant atmosphere and close proximity to the city.
Yes, Collingwood features several parks, especially in areas like Yarra Bend Park and Merri Creek, providing ample outdoor activities.
Collingwood North and Hoddle Street Area tend to offer more affordable housing options while still providing good amenities.
Collingwood is well-served by public transport, with numerous tram routes and access to nearby train stations.
Collingwood features a variety of housing types including period homes, modern townhouses, units, and apartments.
Collingwood has seen significant capital growth, attracting buyers due to its blend of urban and suburban life, along with improved amenities.
Conclusion on the Best Residential Areas in Collingwood:
Collingwood is a dynamic suburb that appeals to a diverse range of residents. Whether you're drawn to the artistic vibe of Smith Street, the tranquillity of Collingwood East, or the green spaces of the Yarra Bend Park area, there is something for everyone. Each residential area within Collingwood brings its own unique charm, catering to families, young professionals, and nature lovers alike. When choosing the right area, consider your lifestyle preferences and the amenities important to you. With its rich cultural scene, excellent transport links, and welcoming community, Collingwood is an exceptional place to call home.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.