Melbourne's Bayside area, with its rich history dating back to its days as a weekend holiday destination in the 1880s, remains a highly sought-after urban postcode. Its nearby beaches and close proximity to the city contribute to its enduring appeal. Bayside is known for its character, history, culture, and lifestyle, making it one of Melbourne's most exclusive and fiercely competitive real estate markets.
Point Cook is an excellent investment opportunity for several reasons. Wyndham, where Point Cook is located, is Australia's second fastest-growing LGA, highlighting significant population growth and increasing demand. Land values have surged by over 25% in the last two years, driven by the area's proximity to the CBD, lifestyle, and infrastructure. Additionally, 31.6% of households in Point Cook earn over $130,000 annually, reflecting high income levels. Free-standing townhomes, the most undersupplied property type, are in high demand, driving capital growth.
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