Werribee – Melbourne’s fastest growing city, planned by Victorian Government
“Forecast to grow by 42%, Werribee is located in one of Australia’s fastest growing non-CBD regions, appealing to investors based on good balance of yield, rent and price growth”
A region which has been identified as a major commercial focal point for future development and growth of Melbourne’s expanding West well supported by new and planned for infrastructure and the creation of thousands of jobs now and planned for in the future. View video below it will open your mind to investment opportunity in Werribee for you
Werribee planned to almost double in size into a Regional Centre !
“A Region of Opportunity and a Place to Invest – Melbourne’s West is now the fastest growing area in Australia with Werribee in the heart of it and an integral part of the City of Wyndham. It’s at the forefront of what Australia is becoming today – a largely urban society on 900 hectares of land for city development presenting an exceptional business and investment opportunity. Fast growing, innovative, culturally diverse and inclusive. Population forecasts indicate that the region will accommodate more than 40 per cent of metropolitan population growth over the next 40 years growing to close to 500,000 residents.
“Population growth is fueling demand for higher density dwellings and a lot more homes and townhouses too!”
We’ve attracted major investments and new infrastructure projects such as the $4.3 billion Regional Rail Link and $2.25 billion Western Ring Road upgrade and another $250m into redevelopment creating 58,000 new jobs. We have a diverse, skilled and qualified local workforce that’s growing all the time. Business innovation is growing and encouraged, and we’re home to a wide range of business services. A diverse range of greenfield and brownfield sites are available for development. And our suburbs offer all kinds of housing and lifestyle opportunities, with plenty of premium leisure and recreational choices.
Werribee is undergoing unprecedented investment and growth. More than $250 million has been earmarked to rejuvenate the city centre to deliver a thriving economy and a vibrant locale where people will work, live and play
A go to destination for those working in either Geelong or Melbourne, with improved public transport (bus and new train stations planned or in operation) and the smooth flowing Princess Freeway between the two cities.
Located in the City of Wyndham, Werribee is a relatively short drive or train ride to Melbourne, Point Cook, Wyndham Vale, Avalon Airport, Port Phillip Bay or Geelong” as quoted by Bill Jaboor (Chair, Western Melbourne Regional Development Australia Committee)
The new Werribee is now home to hundreds of new residents attracted to : Affordable Lifestyle, quality schools and higher education, open spaces, the Pacific Werribee shopping centre, Village Cinemas, Werribee Mansion or the Werribee Open Range Zoo … Werribee has it all and more!
Within 30 minutes drive giving Werribee residents access to 75,000 jobs in and around Werribee (excluding the proposed Australian Education City) ensuring that the planned major employment nodes in the West are delivered
Shopping, dining, schools, universities, TAFE, medical precincts, parks, sporting facilities, public transport, nearby beaches, cycling tracks, open range zoo, cinemas … living in Werribee
Werribee is fast becoming the Capital of Melbourne’s New West creating thousands of new jobs
Werribee’s physical capacity to grow is unrivalled with over 900 hectares of land for mixed use city development. An area of over 5 times the size of Melbourne CBD has been designated for East Werribee’s growth as an employment and investment hub for the New West Region
Strong Infrastructure Investment : In addition, major current and planned infrastructure projects in the region include:
- $4.8 billion Regional Rail Link
- $2 billion Outer Metropolitan Ring Road
- $5 million to develop a business case for an intermodal Western Interstate Freight Terminal
- Avalon International Airport expansion
- $72 million for East Werribee Stage 1 road works and planning including the $40 million Sneydes Road freeway interchange
- $440 million Wyndham Harbour development
- Pacific Werribee Plaza expansion
- Marina in Werribee South
Why Grow Werribee?
- Be part of an exciting activity centre precinct over 900 hectares in size in Victoria’s fastest growing municipality
- Benefit from a range of large scale road, rail and community infrastructure projects
- Meet growing commercial and apartment demand
- Capitalise upon a rapidly growing customer and employee base as Wyndham’s 200,000 population doubles over the next 20 years
- Invest central to Melbourne CBD and Geelong
Position your business in the centre of Australia’s fastest growing region, and grow with us in Werribee – Capital of Melbourne’s New West.
For further details download the Grow Werribee Prospectus.
Proposed $20 billion Australian Education City
The Australian Education City is proposed to be located in the East Werribee Employment Precinct, located 25 km’s to the west of Melbourne – and only 4 km’s to Redlands East Werribee, as a whole, is proposed to create 58,000 jobs and have 7,000 homes, housing approximately 80 – 100,000 new residents and built on 6000 sq/m of greenfield land in East Werribee.
The Education City will host 50,000 students and is only 20 minutes from Melbourne which is a highly successful education centre and the worlds fourth most popular student destination. The Australian Education City (AEC) will become the largest research and development park in the southern hemisphere
The AEC plans include a range of uses of the land in accord with residential and educational growth including a 50-level skyscrapers, a lakeside entertainment precinct and hubs for hi-tech industries and education. A mix of apartments, townhouses and houses are earmarked for the site.
Currently located on the site are two of Melbourne’s prestigious universities:
- Melbourne University (Veterinary Sciences Campus)
- Victoria University (College of Engineering & Science Campus)
A number of additional educational campuses are proposed to be built in the area, including the proposal of one of China’s most prestigious universities (University currently unknown).
Current PSP plans for the precinct include:
- Access to approximately 170 hectares of open space and parklands – almost 22% of the whole site.
A 60 hectare waterway network will provide an attractive waterfront for restaurants, bars, cafes, promenades, and a running loop.
Spaces for passive recreation, playgrounds, picnics and family activities will be created.
A new regional sports complex, three new district sports facilities, and neighbourhood parks, will cater for an active population.
A 6.7 hectare heritage park and botanic garden, similar to the size of Treasury Gardens in Melbourne CBD
Western Institute of Technology purchase new property for educational purposes
WIT purchased a Werribee property with plans to cater for the educational requirements of the rapidly growing Werribee population bringing great jobs and opportunities for Wyndham residents and Melbourne’s fast growing western suburbs
Werribee has a forecasted population growth of 42% by 2036 and is located in one of Australia’s fastest growing non-CBD regions with growing educational needs planned to be met with Australian Educational City and other institutions such as WIT
Live or Invest in property in Werribee
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House and Land
Download “Jobs & Industry Strategy for Melbourne’s West” report here – a region of opportunity a place to invest
Comments or questions are welcome.