Located in one of Victoria’s most rapidly growing regions – the Southwest Growth Corridor. The population is forecast to increase by 188.6%, between 2016 and 2036, with the greatest period of growth forecast across the next 4 years when the population is expected to increase by 37.4%.
As a part of ongoing infrastructure commitments, the council outlined the following capital works plans:
- $32.3M to build, upgrade and maintain road networks
- $65.6M for recreational, leisure, and community facilities
- $19.8M for parks, open spaces, and streetscapes
- $10M for the RDF Waste Processing and Baling Facility
- $14.72 million for maternal & child health and immunisation services
- $10.3 million to operate local libraries
- $18.7 million to run Kindergarten and Child Centre services
The City of Wyndham will also benefit largely from the $100 million Suburban Rail Loop Project.
New metropolitan lines to Melton and Wyndham Vale would give Melbourne’s growing suburbs frequent high-capacity services on the metro network.
This shows huge potential for capital growth as demand for property in the area increases.
House & Land – 4 / 2 /2
Purchase Price: $599,900
House: 154 m2: $300,900
Land: 263 m2: $299,000
Est. rent: $650 p/w
Land registration: Jan 24
Floor plan, furniture and fixtures, measurements and dimensions are approximate and are for illustrative purposes only.
Contact us today so we can start Building Your Dreams.
Calla Property Investment Specialists:
+61 407 465 850 | +61 482 080 189