Hey All,
Was curious as to what people's thoughts are on Werribee in Melbourne's "New West"?
House prices for a decent condition 3 bedder on 600m2 seem to be selling around the 300k mark. Rental yield is just on 5%
The council seems to have some big plans for its future:
http://www.wyndham.vic.gov.au/business/investing/werribee/werribee_city_centre
There are also plans for the Avalon airport expansion, but I do not know too much about that.
Anyway just throwing it out there
Was curious as to what people's thoughts are on Werribee in Melbourne's "New West"?
House prices for a decent condition 3 bedder on 600m2 seem to be selling around the 300k mark. Rental yield is just on 5%
The council seems to have some big plans for its future:
http://www.wyndham.vic.gov.au/business/investing/werribee/werribee_city_centre
There are also plans for the Avalon airport expansion, but I do not know too much about that.
Anyway just throwing it out there