Whittlesea
Why Whittlesea?
Located 20 km north of Melbourne’s CBD, the City of Whittlesea is one of Victoria’s fastest-growing municipalities, home to approximately 245,000 residents and projected to exceed 350,000 by 2040. Its economy is diverse and resilient, supported by sectors including healthcare, education, manufacturing, logistics, retail, and construction. Major infrastructure upgrades—such as road expansions, public transport extensions, and two intermodal freight precincts—are fueling both employment and commercial growth.
Investment Highlight:
Strong economic output: Gross Regional Product of A$11.35 billion, delivering nearly 82,000 local jobs.
Major infrastructure projects:
Beveridge Intermodal Precinct: 1,000+ ha freight and logistics hub—estimated to contribute A$2.5 billion annually.
New Epping: A A$3.4 billion mixed-use and health precinct generating 7,200+ jobs.
Roads and public transport upgrades include duplicated arterial roads and planning for new rail connections.
Precinct development: Emerging business parks like Aurora, O’Herns Logistics, Mernda Town Centre, and Shenstone Park are creating commercial and industrial opportunities.
Skilled workforce: Over 48,000 residents hold tertiary qualifications; leading employment in professions, trades, healthcare, education, transport, and manufacturing.
Approximate Cost:
Median house price: A$715,000 (May 2024 – Apr 2025)
Median unit price: A$420,000
Rental yields: Approximately 3.7% for houses and 5.2% for units
Vacancy rate: Typically under 1%, indicating strong rental demand
Ideal For: Whittlesea is ideal for property investors targeting solid growth within a fast-expanding, well-connected region. It suits first-home buyers and families attracted to affordable housing near Melbourne with suburban amenities. The region’s large-scale precincts and logistics-oriented infrastructure make it a strategic location for businesses, developers, and commercial operators—especially in healthcare, manufacturing, agri‑food, transport, and education sectors.
