Suburban Rail Loop creates $185k divide in southeast

Heatherton house values are about $185,000 below neighbouring Cheltenham’s as local agents call for the suburb hosting a major SRL facility to receive its own station. A Melbourne suburb set to host the Suburban Rail Loop’s massive train yard trails its next-door neighbour by $185,000, fuelling calls for its own passenger station. PropTrack figures show Heatherton’s median house value sits at $1,107,500, compared with $1,292,550 in neighbouring Cheltenham. Residents will face years of construction disruption and the loss of green wedge land for a facility eventually housing 30 trains, but will not be able to board one there. RELATED: Bulldog The Bont’s $2.6m+ move after baby reveal Made in China: flatpack homes built in Melb in 20 days 200 buyers brawl over $3m local Melb clinic “They seem to have lost everything and gained nothing,” Area Specialist Cheltenham director Trevor Bowen said. Mr Bowen said a passenger station could help connect Heatherton with the broader rail network while supporting local amenity and giving residents a tangible benefit from the project. The planned Kingston Rd stabling and maintenance facility will be used to park, clean and service Suburban Rail Loop...