First Home Buyers Flock to Wyndham – Australia’s Fastest Growing Region

Melbourne’s growth corridors have experienced rapid development in recent years, none more so than the booming western suburbs!

First Home Buyers Flock to Wyndham – Australia’s Fastest Growing Region

In fact, Wyndham has ranked as Australia’s fastest growing region for the last 3 years running and remains the top location for first home buyers heading into 2023.

So, just what has made the City of Wyndham so attractive to first time homeowners?

Investment and Growth

According to NAB, in Victoria, around 1 in 10 first home buyers are choosing to buy in areas around Hoppers Crossing, Tarneit and Truganina. And despite current market conditions, first home buyer sales appear to be remaining stable nationally, even growing in some of the hottest suburbs such as Tarneit! The suburb also continues to attract strong interest from investors, drawn to high growth over the past five years as well as good rental yields.

Ongoing investment and infrastructure throughout Wyndham is something sure to be enticing many home buyers.

As Melbourne’s biggest growth area, the west has been strengthened by billions of dollars in recently completed road projects and ongoing transport upgrades. This includes upgrades to the nearby Boundary Road and Derrimut Road intersection which will service the Harlow community once complete in mid-2025.

Overall investment in the region from state and local authorities also continues to be strong, ensuring residents will have access to everything they need as the population continues to grow. Wyndham City alone has included more than $167.2 million for capital works projects in their 2022/23 Budget and Annual Plan, including:

  • $32.3 million to build, upgrade and maintain roads
  • $65.6 million for recreational, leisure and community facilities
  • $19.8 million for parks, open spaces and streetscapes

All in all, ensuring current and future residents have much to look forward to in years to come.

Value and Location

For any home buyer looking to purchase their first property, value and location remain the two most important factors to consider. Luckily, Tarneit is able to check both those boxes!

At Harlow, there are land lots, townhomes and new home packages to suit every budget. Importantly for first home buyers, there are also great value house and land packages available for under $750,000 – making them eligible for the $10,000 State Government First Home Owner Grant.

Access to Amenities

Areas in Wyndham including Tarneit have great amenities, particularly for young families.

Tarneit Central, Pacific Werribee, and Wyndham Village shopping centres are all within close proximity, providing a variety of shopping and dining options including Kmart, Big W, Myer, and many more.

Families in Tarneit also have a great selection of schools nearby, both private and public. One of western Melbourne’s best private schools, Westbourne Grammar School, is just minutes from Harlow catering for students from Prep to year 12.

For families looking to build their first home in Tarneit, Harlow is in the perfect commuter zone, well placed for easy travel into the CBD by both public transport and car. The V-line rail system from Tarneit train station takes less than 30 minutes into the CBD, with a new bus route connecting residents across the Tarneit area to the station. And when you’re ready to jet off on a much-deserved holiday, Melbourne airport is only 21km away!

With growing transport links, new schools and parks and a more relaxed, suburban lifestyle, Tarneit has a lot to offer. Ready to build your dream home in this thriving suburb? Check out land and townhomes now selling in our masterplanned community and be sure to register your interest today!