Newest Point Cook Real Estate Sets Record Property Prices
Wyndham Harbour sets record property prices and leads trend toward the West
Offering a unique and affordable opportunity to enjoy a bayside lifestyle amid the buzz of cafes, shops and the marina, Melbournes western suburbs are one of the most popular areas in Australia to purchase property.
Wyndham City, which includes suburbs like Werribee, Werribee South, Wyndham Vale, Point Cook, Hoppers Crossing and Tarneit have been dubbed the fastest growing municipality in Melbourne and the fourth fastest in Australia, after welcoming more than 10,000 new residents in 2010 a population jump of 7.1 per cent.
This western population boom has been reflected in the strong demand for Melbournes newest waterfront development, Wyndham Harbour marina. In 2010 Wyndham Harbour broke local property price records with its apartment and land releases. Stages 1, 2 and 3 land achieved prices ranging from $355,000 to over $1M for waterfront lots. With its stunning bayside location, proximity to the CBD, and coastal lifestyle theres plenty to love about this new Point Cook Property.
The Marina Quays Apartments combine stunning contemporary design with an unrepeatable location right on the water in the heart of the Marina Square lifestyle precinct- that will become the thriving centre and activity hub of Wyndham Harbour. The Marina Quays Apartments at Wyndham Harbour are also a huge success.
The luxury one, two and three bedroom apartments are sold entirely off the plan to a mixture of both owner-occupiers and investors and fetched prices ranging between $254,000 to $899,000. And, the response demonstrated strong demand for high quality, lifestyle-orientated developments in the west.
Melbourne Point Cook Land by Wyndham Harbour
A smart address to call home, Wyndham Harbour presents a rare opportunity to purchase land on Melbournes prestigious bay, and it is anticipated that the next land and apartment releases will continue to fetch record prices and sell quickly.
It is gratifying to see that buyers are reacting so positively and decisively. It shows the vision for a luxury master-planned waterfront community clearly resonating with buyers who see the excellent lifestyle and investment opportunity that Wyndham Harbour presents.
Once complete, the $440 million Wyndham Harbour marina development is set to become a major boating and lifestyle destination. The world-class development will be the only safe boat harbour between Williamstown and Geelong. It will feature up to 1000 wet berths and dry boat storage for up to 390 boats making it the largest marina in Victoria and the second largest in the country.
Local residents will benefit from this landmark development with improved community amenities and an increase in tourism set to provide a boost to the local economy and labour market.
There will be a range of new walking and bike paths, parklands, wetlands and beaches, as well a contribution to the upgrade of the Werribee South boat ramp and the bay trail from the Wyndham Harbour site to Campbells Cove / Point Cook and Duncans Road.
by: Bhaguan Johnson
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