Melton, one of Australia’s fastest growing cities
In the year 2041 = population of Melton 374,000 a rise of 166%
Melton is one of Victorian Planning Authority’s ” Precinct Structure Plans” which means deliberate and planned population growth and infrastructure investment to ensure adequate planning to meet growing needs
Melton’s PSP can be viewed here it will no doubt leave you sufficiently impressed as to the growing investment potential Melton offers owners and investors alike including a new town centre, train station, schools, shopping and other important infrastructure
Only 35km west of Melbourne CBD services by quality arterial’s and an efficient rail system Melton has become a sought after location. Part of government planning includes turning Melton into an employment hub meaning local residents can now live, work and play in Melton or catch a train into Melbourne for added entertainment, sporting events or employment
Melton is undergoing a strong demographic shift on the back of Melbourne’s ever increasing population growth with people selling up old homes and choosing to live in a brand new home in Melton to achieve a new home whilst it is still affordable
Did you know that people living in Sydney are now eyeing Melton as a sound investment opportunity based on today’s value for their investment dollar and tomorrow’s potential capital growth as Melton becomes a major regional city
The closer one is to a shopping centre and a train station the better the capital growth potential, and parts of Melton offer this to investors
Another important fundamental for capital growth is Population Growth “the city of Melton population forecast to grow to 374,700 by 2041” can you now see your investment potential of securing a property closer in to the city centre today and riding the demand wave. To meet this growing demand investment into infrastructure will continue to add capital value to your investment and continue to strengthen rental demand and rental yield. With all the fundamentals required to soundly underpin an investment in place Melton offers investors immense potential over the next 10 to 15 years
These population forecasts were last updated in February 2017 and a change in population growth over the next 24 years will be a growth of 166.87%, that is massive! View projections here
Estates in Melton include : Atherstone, maplewood, Willandra, Arnolds Creek, Toolern Waters, Diamond Rise, Milstone
“Surround yourself with open spaces and uniquely designed parks minutes from Melton Town Centre”
Why Atherstone Estate
As well as a great location, Atherstone is about family and community featuring tree-lined streets and waterways that are set to create a safe close-knit community with plenty of street lighting and an integrated network of walking and cycle paths to reduce the use of cars.
Highlights include …
- Another beautiful masterplanned estate by Lendlease who always get it right
- Lifestyle estate with sporting facilities, Olympic standard running track, current and future schools, current and future shops
- Attracting a quality demographic of families wanting to live, work and play in Atherstone
- A great place to bring up children
- Community events creating a community feel such as the one in Lendlease’s Caroline Springs estate
- Recycled water programme to your property means no need for bulky rain tanks is great for the environment
- Plenty of parklands provided for a healthy lifestyle
Upon completion, the 481 hectare master planned community will have approximately 4,300 homes and a population of around 12,000 people.
More than a quarter of the community will be set aside for open-space parks, ovals, gardens, waterways and hike and bike trails to support an active outdoor lifestyle. Also including 100 hectare regional park, extensive hike and bike trails, over 8 hectares of waterways and wetlands, largest dedicated sport precinct including hockey fields, athletic facilities tennis courts and more.
The proposed town centre will feature a retail and business centre, recreation oval and proposed train station on the Melbourne-Ballarat line, and a second 4 hectare neighbourhood centre with retail and commercial areas will ensure everything you need is right at your door.
As well as a great location, Atherstone is about family and community with two proposed new primary schools and the Bridge Rd Children’s and Community centre, which has recently opened.
Tree-lined streets and waterways are set to create a safe close-knit community with plenty of street lighting and an integrated network of walking and cycle paths to reduce the use of cars.
With a large choice of block sizes, house and land packages, home designs and builders for you to choose from, you have plenty of scope to make Atherstone your dream home.
Atherstone’s masterplan also provides for linear parks, on road bike lanes and shared user trails so that all residents can enjoy a safe and active outdoor lifestyle.
All homes will be supplied with recycled water and we’re also encouraging the construction of 7 Star homes to assist residents in reducing their home operating costs whilst reducing greenhouse gas emissions.
As the Atherstone community continues to grow, you’ll have the opportunity to meet new people at a range of fun social activities.
Our Community Development team will also help locate and link groups of people with shared interests and hobbies together to form community groups. Each village has its own distinct character, with a selection of block types from low maintenance living to traditional family-sized homes in Settlers Creek or Stone Ridge.
The planned Principal Town Centre, adjacent to Atherstone, will provide a range of new facilities and services, including supermarkets, retail and specialty stores, civic buildings and commercial offices.
In addition, the proposed Atherstone Town centre and Southern Neighbourhood Centre will provide residents a supermarket, specialty shops and commercial offerings so no matter where you decide to call home in Atherstone, you’re just a short walk away from shops and cafes.
For 50 years now Lendlease has been creating communities that define the way Australians like to live. Truly beautiful places that maximise the things we love about our unique way of life. We want residents and visitors to Atherstone to feel they are part of a beautiful and welcoming community that will grow and prosper into the future.
Lendlease is committed to providing a fully masterplanned community – a community you are proud to be part of. To achieve the overall vision for Atherstone, we need to work together.
“Ask us where to buy to Live or Invest in Melton and or Atherstone Estate”
Comments or questions are welcome.