Why invest in the West?
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Why invest in the West?

Our homes are no longer viewed as just a place to sleep, with increased appetite for an abundance of local amenities & access to nature – Melbourne’s West offers this in droves!

 

Innately connected to a plethora of playgrounds and green open spaces, some of the state’s best schools, and just a few months away from an exciting new retail precinct, Woodlea offers an unrivalled location for those looking to invest in one of Melbourne’s most exciting and enviable land estates in the western corridor.

Unprecedented growth

  • Over the past decade, Melbourne’s west has seen an influx of 267,000 residents (an increase of 38%)
  • By 2031, it is expected that a further 22,000+ residents will move to the area – at an average increase of 15%/annum (Woodlea alone is set to grow 161% over the next six years)
  • The median house price at Woodlea is also expected to hit just under $600,000 which is consistent with prices rising by an average of 7.9%/year since 2010, according to research by CoreLogic and Property Investment Professionals of Australia.
  • The Victorian State Government has committed to investing $100 billion+ into key road and rail infrastructure, schools and hospitals vital to the growing needs of Melbourne’s west.
Unprecedented growth

Access to education

  • Recent data by Real Estate Institute of Victoria (REIV) has revealed that Melbourne homes located within the catchment areas of public schools (both primary and secondary) can secure prices of up to $412,500 more than those just outside a catchment area.
  • Woodlea sits in the respective catchment zones of the already established Bacchus Marsh Grammar, Aintree Playgroup, Bacchus Marsh Grammar Early Learning Centre and Aintree Primary School
  • Land in the estate’s north also been allocated for a new public secondary school
Access to education

More than just fun and fitness

  • Research from the Australian National University has found that having a playground nearby can add up to $20K to the value of an average property
  • In a recent NSW survey, 46% of people are spending more time in public spaces than pre-COVID-19, with 96% saying they are now utilising these spaces for exercise
  • Each home within Woodlea is located within 200m of a park, continuing in its quest to become Australia’s healthiest community
More than just fun and fitness

Set to redefine off-the-plan residential living, investing in Woodlea not only proves to be a strategic investment strategy but also provides an unmatched living experience, with community spirit and a commitment to sustainability truly setting us apart from the rest.

 

 

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