Wyndham Suburb Profile
Wyndham Vale, within Wyndham City is located approximately 38 kilometres south-west of the Melbourne CBD. The suburb predominately contains an urban form that consists of a combination of both rural and residential properties. Development activity in Wyndham City has been strong in recent years, particularly within the nearby suburbs of Tarneit, Hoppers Crossing and Werribee and as such has become one of the fastest growing regions in Victoria.
Price growth in the Wyndham Vale housing market has been strong over the last seven years. During the year 2000, 119 houses were sold for a median price of $118,000. During 2007, year to date, 227 houses have been sold at a median price of $215,000. This equates to total price growth in this market of 82.2% or 8.9% per annum over the seven year period. The current median house price at around $215,000 indicates that this market represents affordable buying when it is also taken into account that Wyndham Vale is located in relatively close proximity to Melbourne.
Wyndham is considered to be one of the fastest growing regions in the Melbourne West area; however, car dependency is still needed. Ranking at 47/100, Wyndham residents and investors still need cars to travel for the time being, but infrastructure plans are underway to provide better transportation as well as better road access.
The Local Area (Wyndham) is in a high growth region. Between 2003 and 2008, the resident population increased by 6,000 people at an average annual growth rate of 5.5%. Wyndham was Victoria’s largest and fastest growth council in 2007‐08 with growth of 7.2%. The local area had a growth rate of 7.1% for the same year.
This compares to a growth rate of 6.8% across the region (the Wyndham‐Melton corridor) and 1.7% across metropolitan Melbourne over the same period. Around 32,000 additional residents are projected to live in Wyndham Vale and surrounds (the Local Area)
over the period between 2008 and 2025. This represents an average annual growth rate of 5.0% over the period.
Wyndham Vale is well located in close proximity to the Princes / West Gate Freeway which allows for easy access to Melbourne and Geelong. There is also a railway station located in Werribee which offers suburban rail services. Avalon airport and the Mercy Werribee Hospital are key pieces of transport and social infrastructure that are also located in close proximity to Wyndham Vale.
Within the catchment area there are 21 schools in total providing both state and public education. One school currently exists in the suburb of Wyndham Vale (two more are proposed), seven exist in Werribee, four in Tarneit and seven in Hoppers Crossing. The Werribee Technology Precinct houses a range of research, teaching and public institutions and is located immediately east of the Werribee Town Centre.
Wyndham City is currently served by three main commercial centres, these being Werribee Plaza, Werribee Central (Town Centre), and Hoppers Crossing. Within the catchment area there are more than 10 shopping centres ranging from major regional shopping centres right down to local shopping villages. The area is well serviced with other facilities in the catchment including; University of Melbourne’s Werribee Campus, Presidents Park – including hockey, softball and baseball facilities, Werribee Park Golf Club and the National Equestrian Centre.
Wyndham Springs, located in the heart of the high growth area of Wyndham Vale, has the opportunity to capitalise on a number of long term benefits that are occurring in the area, namely:
• Unprecedented population growth that has stimulated public and business investment to improve liveability;
• Werribee Plaza Regional Shopping Centre, that includes Coles, Safeway, David Jones, Myer, Kmart and Target as well as a
significant retail offering along Old Geelong Road, at Werribee Town Centre and Werribee Central;
• Major Employment Centres such as the Werribee Technology Precinct that incorporates a diverse range of industries including engineering, natural sciences and biotechnology;
• Entertainment and recreation options, including Wyndham Leisure and Events Centre, Sanctuary Lakes Golf Club, playing fields and sports fields;
A significant number of commercial, residential and community developments are
planned for Wyndham Vale, including:
• New Retail Precinct Wyndham Vale Square Neighbourhood Centre, is expected to
open in December 2009, including Woolworths, Aldi and speciality Stores;
• New Educational Precinct at Manor Lakes Blvd incorporating Manor Lakes College,
Our Lady of the Southern Cross Catholic primary school, and specialist school;
• A Community Centre planned at Manor Lakes Blvd, including library, kindergarten,
maternal health and youth service facilities. This is expected to open in 2011;
• Manor Lakes Central Shopping Centre with Coles, proposed train station and