Jubilee Estate | <$630K

Wyndham Vale | Property Hotspot

What a wonderful place to live. Just minutes to the local shops, tavern, childcare, and state school. And, less than 20 minutes to Caboolture and Morayfield. CHECK THE DETAILS

Wyndham Vale is a secret that is worth knowing more about.

The property market here is one of Melbourne's best performers, and demand for new homes is off the scale.

If you want to live or invest here, do not wait for the prices to be higher - get in touch today.

Presenting our latest suburban family living home – Jubilee Estate, Wyndham Vale Melbourne @ $625,500

This opportunity to build a brand-new property located in Wyndham Vale Melbourne. It is a fantastic opportunity to add or start a new property portfolio.

Demand exceeds supply, so keen buyers need to get in fast.

Investors Note up to 3.8 % Yield.

The Ideal Family Location

Situated in a desirable position, only a eleven minutes' walk to the local IGA shop and around four minutes to Wyndham Vale Railway Station, this house and land package offers a great balance of convenience and growth investment return.

The 20-minute drive to the Princess Highway will provide access to the booming Melbourne region, and CBD in 40 minutes.

There are major stores, cafes and parks, childcare, state schools, recreational parks, and more within easy reach of this lifestyle position.

If you are investing, this is where people choose to live.

If you are looking for a new home, this is a lifestyle home that is within reach.

A Home to Call Home CHECK THE DETAILS

- 221sqm lot with north aspect living areas.

- Full turnkey package - ready for living

- Spacious kitchen with walk-in pantry opens out to family living and alfresco space

- Reverse cycle split system a/c to main living and bedroom 1

- Land is registered

Buy with Confidence CHECK THE DETAILS

- Leading builders

- 12-month fixed price contract

- 12-month maintenance period

- 7 Star Energy Rating

- NCC-compliant designs

- Four-stage quality assurance program

- Fast build times

Key Numbers

- Contract price $625,500

- Rental rate $470 PW

- Up to 3.9% Gross Yield - SAYS 3.8% UP TOP

Our View

The Property Market in Melbourne has slow growth in the last two years, making it an investment upcoming hot spot on the periphery of Melbourne.

- Median house price growth over the past 2 years exceeds 9.38%

- Rental vacancy rates around 2.05% THIS IS HIGH. FIND A BETTER WAY TO SAY IT.

- Rental prices have been on the rise in the last year the increase in Wyndham Vale was over 15%

A Great location for a solid yield and future growth outlook.

Want to know more? CHECK THE DETAILS

How to secure this property.

Initial deposit of $5,000

Balance 5% at unconditional, 21-day finance clause

Complete an expression of interest form!

Copy of ID

Book a call with Chris Nicholson today at 0406 292 249, investment properties of this caliber do not last long.

Melbourne Property Market Overview IF THIS IS CUT AND PASTE IT WILL NOT WORK IN GOOGLE

The Melbourne property market has shown resilience amidst fluctuating economic conditions, with steady demand driven by population growth and urban development. As of 2024, Melbourne’s median house price sits at 1 million dollars, with continued upward pressure due to low housing supply and high demand, particularly in inner-city areas. The post-pandemic recovery in migration and foreign investment has further fueled demand, particularly from China and Southeast Asia. Suburban growth has also remained strong, with areas like Wyndham and Melton becoming hotspots for first-time buyers and investors due to their relative affordability and proximity to infrastructure projects.

Current Investment Climate:

While interest rates remain elevated compared to historical lows, the Melbourne market continues to attract investors due to its long-term growth prospects. Rental yields, particularly in apartment markets, have been boosted by a surge in rental demand, with vacancy rates hovering around historic lows at under 1%. Investors are capitalizing on this by focusing on areas with strong rental demand, such as Southbank, Docklands, and outer suburbs experiencing rapid population growth. Melbourne’s infrastructure spending, including significant transport upgrades like the Suburban Rail Loop, has enhanced the attractiveness of outer suburban markets, making them key areas for medium- to long-term capital growth.

Future Outlook

Looking ahead, Melbourne’s property market is poised for sustained growth, with forecasted increases in both property values and rental prices. Population growth, driven by international migration and natural increases, is expected to continue supporting demand for housing, particularly in affordable suburban areas. Government incentives for first-home buyers and ongoing infrastructure projects will bolster market confidence. However, risks remain, including potential interest rate hikes and affordability challenges for buyers. Nonetheless, Melbourne’s strong economic fundamentals and growing population base suggest a positive outlook for both residential and commercial property investors over the coming years.

Clients investing in Melbourne now are moving into a favorable market that could be further fueled by an interest rate cut early in 2025. Build times for new homes are now around 20 weeks which is a significant improvement on 2021-22.

Now is the time to invest. Do not wait for the prices to reach the next level.

The best place to start is to book an appointment so that we can plan out your Melbourne investment program to suit your goals and budget.

Get in touch today and get started. The longer you wait, the more it is going to cost.

• Floor Plans