Invest or Live
… in Australia’s fastest growth corridors where 400,000 people will call home; attracted by lifestyle, affordability and choice! Werribee is developing into a new city centre and is already a highly desirable residential address.
Life at Edge One is superbly walkable with shops, parks and Werribee Primary and Secondary schools within close proximity. The Werribee train station isa short stroll away, providing access to Melbourne CBD in 30 minutes. Ideally located between Melbourne and Geelong with the Westgate Freeway at its doorstep, Edge One is a 30-minute drive to Melbourne’s CBD, a 30-minute drive to Melbourne Airport and a 40-minute drive from Geelong.
As part of Werribee’s transformation and to increase housing choice among a declining household size in an undersupplied apartment market, Wyndham Council has identified a need for urban-style living on the doorstep of retail shops, cafes and bars, beautiful parkland and 100 meters from Werribee train station.
Burbank developments, part of the award-winning Burbank Group of Companies, has been selected to deliver a landmark residential and mixed-use development situated on the banks of the Werribee River.
River Edge will encompass two residential buildings comprising 200 apartments in one tower, and 100 apartments in the other which will also include an $11 million library, shops and cafes. The first building is Edge One and has just been released to market.
All apartments are external facing, with stunning views down the Werribee River and soon-to-be redeveloped $11 million Wyndham Park. Each home has been configured to maximise natural light and the incredible views, regardless of its size or position within the building. Each apartment has a generous inset balcony from which to experience the picturesque views of Werribee River, Wyndham Park, and the You Yangs Regional Park to the north, and Melbourne’s CBD and Port Phillip Bay to the south.
The buildings are two of four ‘catalyst’ sites as part of the Werribee City Centre redevelopment, with construction to commence mid next year and completed in 2019.
RiverEdge mixed-use project is located in the heart of Werribee and will combine the best of urban living with the timeless allure of its natural surrounds. Overlooking Wyndham Park and Werribee River, Edge One is the first stage of the precinct and will be delivered via a partnership between the Burbank Group and Wyndham City Council. Designed by the award-winning team at Rothelowman, Edge One will introduce a new level of design sophisticated to Melbourne’s burgeoning West with premium riverfront living and enhanced connectivity to the city centre.
Strong investment fundamentals
River Edge represents an exclusive opportunity for you to invest in a unique, inspirational development perfectly positioned in the burgeoning commercial and lifestyle hub in Melbourne’s fastest growing region.
River Edge presents competitive returns and strong capital growth prospects. The five-year compound growth rate in Werribee’s apartment market sits at 5.4%with phenomenal potential for solid future price growth.
Werribee is evolving into a major regional city well positioned between fast growing Melbourne and fast growing Geelong. Werribee located in the City of Wyndham is also emerging as it’s own major employment hub on the back on redevelopment and major investment into new Infrastructure. Predicted to create another 58,000 new jobs!
On current population growth in the area the demand for more house and land, townhouses and now the emergence of a dire need for higher density dwellings there is a growing shortage of dwellings for owners and tenants.
Rents are on the rise sitting at around 5.7% on one bed apartments & 5% on two bedrooms. Vacancy rate is an exceptionally low 1.5% (below Australian median), property values are increasing on the back of a continued strengthening population growth. This is fueling demand and driving values and rental yields upwards as developers struggle to keep up with supply. Vacancy rates are a low 1.6% very much inline with other capital cities
CoreLogic Data reported on 30 Nov 2017 that the City of Wyndham achieved a 130% increase in value over the last decade. This rise is primarily before the population growth started accelerating. Can you identify the investment opportunity in Werribee now that the area is one of Australia’s fastest growth corridors?
Werribee is fast becoming a hotspot for outer city living with substantial regeneration plans already underway, residents of Edge One will have access to an improved western suburbs road network, an enhanced Riverside Promenade, as well as the new Wyndham Park and Chirnside Park Hub.
Overlooking the picturesque Werribee River, RiverEdge offers exceptional lifestyle and amenity in the heart of the City Centre. Stroll to local shops, cafes, parklands or the Werribee train station. With sufficient education and childcare or medical services all in close proximity. Can you ask for more?
Your weekends will be busy exploring nearby attractions including Werribee Mansion, Shadowfax Winery, Pacific Werribee shopping centre or the Werribee Open Range Zoo. Strolls in the parklands or a short drive down to the ocean to walk on the beach or swim in the Ocean.
Only 30 minutes to either Melbourne CBD or Geelong CBD one has plenty access to other employment hubs and entertainment. Connected by freeway, rail and bus routes. Werribee’s accessibility is further strengthened by the $5bn Regional Rail Link
RiverEdge offers an inspirational and contemporary design with generous floor plans which include north facing balconies and stunning views down the Werribee River, Port Philip Bay and the You-Yang mountain ranges. These light filled apartments provide clean and open design with abundant natural light, car parking and ample storage are also key features.
Award winning Developers Burbank Homes bring you RiverEdge apartments with the help of renowned Rothlowman Architects. Meaning you know you will be securing your own slice of quality whether you are going to live here or invest from $319k to $370k and a 5 year annual growth on units sitting at 5.4%.
Invest at RiverEdge off the Plan Apartments Werribee
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Comments or questions are welcome.