Williams Landing real estate is proving to be a strong investment choice for landlords.
Tenants and home owner’s alike report that they prefer Williams Landing because of the access to Melbourne. Williams Landing is served by three separate access points to the Princes Freeway (M1), which during off-peak times is only a 20 minutes commute to Melbourne's CBD. Surrounding areas such as Werribee, Tarneit, and Wyndham Vale all face considerably more traffic delays around peak hours given they sit further away from the CBD.
Manufacturing and logistics is the largest employer in the outer west area and Williams Landing is centrally located to the major manufacturing and logistics areas in Laverton North.
Rents have risen between 3 to 4% in Williams Landing with the average price for 3 and 4 bedroom properties increasing by $10 -15 each year on average.
While most of the rapid residential property growth seen 3-5 years ago in the outer west has slowed, Williams Landing has opened up considerable new development area’s (and these are being brought up by first or second home buyers.
Williams Landing is characterised by medium density quarter acre block development and is growing rapidly in advance of transport infrastructure and services, meaning that the vast majority of new residents are currently dependant on automobiles. The recent Williams Landing train station and developing town centre are certainly going to add further value to real estate in Williams Landing. Real estate agents are advertising properties from $500,000 in Williams landing with larger double story properties reaching over $650,000.
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