Led by some of Australia’s fastest selling land estates such as Woodlea in Rockbank, the new developments will see the creation of numerous jobs and are booming with commercial property potential.
PwC’s CityPulse report is just one of many that supports the west’s potential, identifying huge commercial warehouse opportunities set to create hundreds of jobs within the Tech, IT and labour-intensive roles. For this reason, suburbs such as Truganina and Tarneit have been recognised for their significant industrial potential.
Leading the west, in particular, is Werribee, having been identified by the State Government as a major commercial focus for Melbourne’s future growth. With proposed plans for a $30 billion-dollar investment in new high-rise dwellings and universities, the state-of-the-art mini city could be complete by 2050. In turn, this would see suburbs such as Truganina in prime position in-between central business districts.
To discuss commercial opportunities and growth in the west, please contact CVA’s Western Region Director, Leo Mancino on 03 9623 2570.