The Melbourne property market has bounced back in incredible style, with sales in suburbs across the metro area rising rapidly – including our own Mount Duneed!
According to data from realestate.com.au, Mount Duneed is one of the best bets for future growth. In fact, 20 out of 27 markets in the Geelong region are on the rise, including Mount Duneed, where lending to first home buyers has doubled against the 12-month average nationally.
But just why are so many buyers flocking to the 3217 area?
Quality of life
The impact of the coronavirus pandemic has been obvious for some time, with Melburnians moving en-masse to the regions, where housing is more affordable and life is more enjoyable.
With many organisations fully embracing the work from home way of life, buyers can afford to move further afield. This is particularly true for those only commuting a few days per week as opposed to the full 5 days or can work entirely from home. And with lifestyle now driving buyer choice, Mount Duneed has become a hotspot that offers it all at an affordable price! Minutes from Geelong CBD and only a short drive to Torquay and Barwon Heads, buyers can enjoy the best of city and seaside living in this up and coming suburb.
Mount Duneed is part of the flourishing Armstrong Creek growth area, which is set to add 60,000 residents to Geelong’s population when completed. With so many families finding their home in the area, brand new amenities and infrastructure will follow to cater for the growing community!
Most recently, the brand new Armstrong Creek Town Centre opened nearby, with plans for another $55 million major shopping centre to be built nearby. The brand new Mirripoa Primary School also opened last year, just minutes from the Willow community.
One thing that we all look for when buying a home, regardless of the suburb, is great schooling and a great lifestyle. At Willow, having all that, plus access to some of Victoria’s best beaches has been a huge drawcard for buyers. It’s no wonder land in our first two releases have been snapped up in record time! To ensure you don’t miss out, register your details via our website today and be the first to know when new lots become available!