City of Melville a growth “HotSpot” with Willagee the shining star
The City of Melville was named in Australia’s top 10 property growth precincts for 2019 by experienced property researcher and writer Terry Ryder.
Current and proposed investments into infrastructure, retail, public spaces and property developments have all contributed to building the City of Melville into a hotspot in Western Australia.
Furthermore, Willagee, was noted as the star performer within the City of Melville. Ryder included Willagee on his list of top 50 performers Australia wide.
Willagee has also been named in the top 10 fastest selling Perth suburbs for the 12 months to March 2020, according to REIWA.
Because Willagee is a peaceful, affordable and well-connected suburb just 12km south of Perth and a 10-minute drive to Fremantle and surrounding beaches it has proven popular for retirement villages, aged care homes and land development. It’s no surprise then that several developments in Willagee have sprung up in the past couple of years.
Willagee is home to a range of new developments. Alchera Living operates four retirement villages in the City of Melville, with two of them located in Willagee. Their latest development, The Reserve over 55’s development, was completed in 2019 and offers 36 apartments opposite the spacious Winnacott Reserve. Braemar’s Cooinda aged care home, which was completed in 2019, provides accommodation for 108 residents. The launch of this major Willagee development assists in meeting the rising care needs of seniors in the local area. For those keen to build their own home, Satterley’s new gallery estate is located on the corner of North Lake Road and Archibald Street. The estate will offer a range of homesites as part of its mix, with titles scheduled for 2020.These landmark developments coupled with the significant housing renewal within Willagee has revitalised the suburb in recent years.
Alchera Living CEO Alan Marshall said “We carefully considered locations for our new apartment complex and Willagee was an obvious choice for The Reserve over 55’s apartments. We’re so pleased to be able to offer our village residents nearby access to libraries, parks, cafes and everything else Willagee has to offer. It’s central to Perth CBD, Fremantle and all of the retail and entertainment options in between.”
With more development activity planned for the local area, Willagee continues to be a growing and thriving community now, and into the future.
Statistics reference (Terry Ryder): https://www.propertyobserver.com.au/terry-ryder/102897-australia-s-top-10-property-price-growth-areas-in-2019-hotspotting-s-terry-ryder.html