In an ongoing series of Melbourne suburb profiles, Jeff Grochowski from Accrue Real Estate discusses the lifestyle and property investment potential of Niddrie.
While not officially recognised as a suburb until 1994, the area of Niddrie had been settled in the 1870’s and used predominately as farming land. The name ‘Niddrie’ originates from one of the original houses in the area, which was named for its owner’s birthplace in Scotland. Located just 13 kilometres north west from Melbourne’s CBD, Niddrie is a quiet suburb sandwiched between Essendon North and Keilor East.
The population of Niddrie is around 5,000 and the suburb is well serviced by public transport with tram Route 59 running along Keilor Road. This provides easy access to the CBD and all the suburbs in between. The seven bus routes that service the area make it very convenient to get around in Niddrie and the surrounding suburbs. This easy access to public transport makes Niddrie a great place for young and old alike and means the car can be left at home a little more often, helping the environment and the hip pocket.
While small in size, there’s lots of big things about the suburb of Niddrie. The Niddrie Shopping Precinct is popular and unique enough to have its very own website, which provides a trader directory and keeps everyone up-to-date with all the news and happenings of this vibrant locality. The Niddrie Shopping Precinct is located in Keilor Road and has over 180 local business owners. It offers a diversity in product and service that would leave bigger suburbs envious. Boasting “international culture, atmosphere and bargains”, the precinct covers shopping categories form automotive to wine and beverages, with everything from fashion, beauty, hardware and lifestyle in between.
The vast array of cafes and restaurants offer great venues if you need a break from all the shopping and the range and diversity of cuisine certainly keeps the foodies happy. Thai, Italian, Chinese, Turkish, Greek, Japanese, Mexican, Vietnamese, Portuguese and Spanish fare are all in close proximity – you can get hungry just from the aromas that escape the kitchens of Keilor Road. If more retail therapy is required, Niddrie is a short distance from both Essendon DFO and Westfield Shoppingtown in Airport West.
The housing styles of Niddrie are predominately weatherboard or brick veneer, reflecting the growth of the 1950s and 60s, but like all suburban Melbourne there are increasing numbers of quality multi-unit developments and new family homes. The area also provides residents with excellent parkland areas, including part of the popular Steele Creek Trail and Spring Gully, Rose Creek and Keaki Court Reserves.
While offering lifestyle opportunities that suit modern singles and young couples, Niddrie is particularly attractive to young families due to its proximity to a range of great schools – public and private – including Essendon North Primary, St John Bosco, St Bernard's College, Buckle Park College, Ave Maria College and Penleigh and Essendon Grammar.
With its proximity to the city and airport and the range of lifestyle options it affords, Niddrie represents a great place for investment.
Contact Accrue Real Estate to learn more about Niddrie and other Melbourne property investment opportunities.