With prices increasing across the country, buyers are moving to new and upcoming suburbs to secure land and to purchase affordable new homes. With the increase of new residents over the last 5 years, the community of Wyndham in the West of Melbourne has transformed and continues to grow into a new urban hub for first home buyers, investors and anyone wanting to secure an affordable new home.
If you are planning to move to a new suburb or community to build your new home, or are interested in investing in an up and coming suburb, then there are important consideration about what life will be like in that new area. Generally the main factors are:
- Employment opportunity
- Education system
- Proximity to family and friends
- Culture and community feel
- Commute to work and public transport options
- Health care services
Keeping these in mind, we have explored what Wyndham Vale has to offer you and why you should consider making it the destination for your new home, or benefit from a great investment property in that area.
Why a House and Land Packages Wyndham Vale
There is no denying that with the Victorian median house price increasing, that securing a house and land package or building a house for under $500,000 is a difficult mission. However, in Wyndham Vale you can still get your hands on an investment property for $395,000.
2. Employment opportunities
The National Growth Areas Alliance announced that Wyndham Vale has experienced the highest growth rate between 2011-16 nationally. With such a huge increase in population there has been a higher demand for employees. Job growth has increased 36.4% with an extra 20,623 jobs. This is great news if you are interested in investing in Wyndham Vale as there is a high demand from tenants for communities with job growth.
3. Education system
There are 42 schools in the Wyndham Vale area, including neighbouring suburbs such as Werribee, Manor Lake and Hoppers Crossing. Having a large pool of diverse schools to pick from, including both Government and Independent schools, means that everyone will be able to find somewhere that fits their needs.
4. Culture and community feel
As the population grows, Wyndham Vale is proactive in creating a community and culture that is inclusive and interesting for everyone. There are fantastic youth services, and leadership programs, development of the Wyndham recreation sport facilities and programs to help nurture new businesses and innovation.
5. Commute to work and public transport options
Wyndham Vale, as well as expanding its own job opportunities, is only 10 minutes drive to Werribee, 40 minutes to Melbourne and 35 minutes to Geelong. Public transport options also allow you to get around quickly and easily with the Werribee train line only 5 minutes drive from the heart of Wyndham Vale.
Whether you are considering moving to Wyndham Vale or are interested in investment house and land packages, there are lots of opportunities available including 4-5% rental yields and 10%+ capital growth for investors. We understand that housing affordability affects people at all stages of the property cycle and are passionate about finding locations and communities that are perfect for your dream home or investment. We can match you to a builder or developer that suits your new home requirements or find you a house and land packages that allow you to get the best return on your investment.
Make sure you speak to one of our home building experts on 1800 184 284. They are independent and motivated to see you achieve your property and investment goals. You can also book a call online.