Good estate to buy land in west Melbourne

Discussion in 'Where to Buy' started by Jasper16, 1st Feb, 2018.

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  1. Jasper16

    Jasper16 Active Member

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    I am looking to buy block of land and build to live in and keep the current townhouse I am in as an investment. I will get advice on the financial issues, however, any recommendation for a good estate to buy land, focusing on the west part of Melbourne? Looking ~400m2 land.
     
  2. Air_Bender

    Air_Bender Well-Known Member

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    How far west are we talking? Werribee? Melton?
     
  3. Jasper16

    Jasper16 Active Member

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    Yes, will consider Werribee, also melton area.
     
  4. Air_Bender

    Air_Bender Well-Known Member

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    Can't help with Werribee but there are plenty of threads on PC so have a look around.

    With regards to Melton there a few around but the one I'm familiar with is the Atherstone estate by LendLease. It is a beautiful estate and one of only a handful that is next to Melton South, which is currently booming. Atherstone will have a business centre, has it's own shopping prescient and will also be getting it's very own train station. That's on top of the train station already in Melton South which is very close by.
     
  5. Luca

    Luca Well-Known Member

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    Don`t you guys think land prices have soared a bit too much?
     
  6. Jasper16

    Jasper16 Active Member

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    Thanks, Air_Bender.

    Luca - 100% agree. I dont understand why it is that expensive given there is a lot of supply, especially in the west. Anyhow it is what I could afford.