Why here
Why buyers are watching this corridor.
North of Melton East along Kororoit Creek: a named Horizon 3 precinct expected to carry mostly employment uses with a smaller residential offering, an early look at Melton's next decade.
The long view
A precinct at the start of its planning life.
Nothing is for sale here yet. The value in watching a Horizon 3 precinct is understanding the corridor before it is widely known, and being ready when land does come forward.
Buyer profiles
Three ways people look at this area.
First home buyers
- Melton remains one of the more accessible entry points into Melbourne's west for new builds.
- New dwellings can attract state concessions and grants that do not apply to established homes.
- Getting on a register early means you see releases before they are widely advertised.
Investors
- Employment led precincts create local jobs, which supports long term rental demand nearby.
- New builds offer depreciation benefits and lower short term maintenance than established stock.
- Horizon 3 timing suits investors with a long hold view rather than a quick turnaround.
Families and upgraders
- Larger lots and family sized floorplans are typical of growth corridor releases.
- Kororoit Creek and the surrounding reserves put open space on the doorstep.
- Established Melton services, retail and schools are a short drive to the south today.
General information only. It does not take your objectives or circumstances into account. Confirm eligibility for any grant or concession with the State Revenue Office of Victoria.