Buying property in Point Cook provides investors with the opportunity to be a part of a rapidly growing community. Point Cook is a suburb in the western growth corridor of Melbourne. Point Cook offers a lifestyle that is not only great for families but also for investors.
The Point Cook house median price has grown by 2.13 per cent in the last quarter. It also has grown by 9.43 per cent in the past year.
With its proximity to the city, Point Cook has attracted buyers from overseas. There has been a 60 per cent increase in interest from the United Kingdom and the United States year-on-year.
The Australian property market is extremely healthy. It is a safe market and offers fantastic lifestyles. The property market in Melbourne is also creating more and higher-paying jobs.
Point Cook is home to several amenities and has great freeway access. The suburb is also a popular choice for first-time home buyers. The suburb’s proximity to the city provides access to public transport, including trains.
Point Cook is also home to the RAAF Museum. There is also a golf course in the area, which includes the Cheetham and Altona Important Bird Area. It is also home to 139 parks covering 23.9% of the total area.
On the other side, there are some disadvantages to buying property in Point Cook. The main reason is safety. Point Cook is more highly populated, and located in the western suburbs, which has a reputation for being an unsafe area. Public transportation is not up to date, and the school system does not have a high ranking.
Buying property in Manor Lakes is an excellent choice for families. The area is close to schools, parks, shopping centres and other recreational facilities. It is also a wonderful place to escape from the hustle and bustle of city life.
This area has an established reputation and a good sense of community. It is also an affordable area to buy property in. It has good transport options and is within a short drive of the Manor Lakes Shopping Centre and the Great Ocean Road.
It has a train station that is close to Melbourne and Geelong. It is also near the Open Range Zoo and the Werribee Park and Mansion. The area is also close to the University of Melbourne campuses, and Monash University’s Vet school.
The area is also close to the Werribee town centre and shopping precinct. Pacific Werribee is a major shopping precinct that includes the Village Cinemas, and more. The Manor Lakes Central Shopping Centre also hosts Coles and includes a medical centre.
Buying property in Manor Lakes is a desirable choice for families who are looking to move to a neighbourhood that has a community feel. There are many schools in the area, including the Wyndham Vale Primary School, Prep to VCE schooling, and Manor Lakes P-12 College.
The Real Estate Institute of Victoria predicts that homes in Manor Lakes Australia will be the place to see the greatest price rises in the next three years. In the first quarter of this year, the median price of the property in Manor Lakes was $529,500. This price is lower than the typical Melbourne price.
The disadvantage of living in Manor Lakes is that it is not known for nightlife, as there are very few pubs and cafes. Manor Lakes may not be the ideal place for those who enjoy nightclubbing.