Where was I, again?
Brunswick.
OK. The good things about Brunswick (speaking as a resident of 18 years, only recently having shifted to the next suburb on):
*It's the cheapest suburb within that radius (5 km) from the city.
*It's a very easy place to live in. My ex & I lived in a Cal Bung there (with 3 cats or more cats) for 18 years.
*Sydney Road - the centre of Brunswick (& Coburg) is going through some very interesting changes. Grungy, neglected & run down for a long time, it's really becoming interesting now: FOOD! Good range of (ethnic & casual eating) cafe's, lots of pubs with live bands are establishing themselves there, good community "feel", lots of opportunity shops (thrift shops) doing a booming trade with students, locals & others coming there especially. I love them! Lots of specialty shops setting themselves up there: Asian/Indian/Japanese, etc.
*Easy to cycle to the city/Carlton/around the suburb
*The Merri Creek - meandering through the suburb & for miles north & south. Great for walks & has a cycling track.
* Shopping: The Victoria Market (Nth Melbourne) is nearby. Good to go just for the experience ... & fruit/veg/etc bargains on early Saturday mornings.
*Yes, there's a substantial supermarket. A couple, in fact, in a shopping complex behind Sydney Road.
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