Rooming House in Toolern Waters Estate

Location Highlights:

• Distance to Melbourne CBD: Approx. 40 km (40 min drive).
• Distance to Melbourne Airport: Approx. 29 km (30 min drive).

Amenities and Infrastructure:

• Shopping & Entertainment: Close to Woodgrove Shopping Centre (major retailers, dining, and entertainment) and Cobblebank Village (local shopping and services).
• Education Precincts: Reputable schools such as Melton Christian College, Staughton College, and plans for new schools in the Toolern area.
• Parks & Recreation: Easy access to Toolern Creek Regional Park and various playgrounds, sports fields, and walking trails.
• Healthcare: Nearby Melton Health Services and various local medical clinics ensure reliable healthcare access.
• Dining: Range of cafes and restaurants offering local and international cuisines along High Street and within shopping precincts.

Connectivity:

• Public Transport: Close to Melton Train Station (express services to Melbourne CBD) and well-connected bus routes.
• Road Access: Convenient access to the Western Freeway, providing seamless travel to Melbourne and Ballarat.

Investment Metrics:

• Vacancy Rate: Approximately 1.3% – indicating strong rental demand.
• Population Growth: Melton South is part of one of Australia’s fastest-growing corridors, forecasted to grow significantly in the coming decade.
• Supply and Demand: High demand for housing, with ongoing developments struggling to meet demand.
• Infrastructure Spending: Over $1 billion allocated for local projects, including the Cobblebank Metropolitan Activity Centre, new schools, upgraded roads, and sporting facilities.
• Employment Hubs: Proximity to Western Business Park, Melton South Industrial Area, and commuting distance to Sunshine Employment Precinct and Melbourne CBD.

Why Invest in Toolern Waters Estate?
Toolern Waters Estate combines excellent connectivity, strong population growth, and significant infrastructure investment, making it a hotspot for investors seeking long-term capital growth and rental yields. With affordable entry prices and robust local demand, this estate offers an ideal balance of opportunity and value.