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What If Your Next Investment Could Tap Into One of Australia’s Fastest-Growing Regional Economies?

Writer: Joean Soliman
Joean Soliman
21 hours ago
3 min read



Floor plans, furniture and fixtures, measurements, and dimensions are approximate and provided for illustrative purposes only.



The Property Is Only Part of the Story  

More people. More jobs. More infrastructure. More demand for somewhere to live.

That is the bigger story behind this week's opportunity.

For $783,898, investors can secure a brand-new 4-bedroom house and land package with an estimated $700 per week rental return, a projected 4.6% yield, and land that is already registered.

But what caught our attention isn't just the property.

It's what's happening around it.


147,000+ Jobs and an Expanding Economy  

The wider regional economy now supports approximately 147,230 local jobs, following average employment growth of 4.3% per annum over the past five years — outpacing comparable Australian cities.

Economic output has also reached approximately $21.5 billion, with Gross Regional Product growing by an average 3.9% per annum over the same period.

Importantly, employment is spread across several major industries, including:

  • 30,245 jobs in healthcare and social assistance

  • 15,526 in retail trade

  • 15,247 in education and training

  • 14,298 in construction

  • 11,409 in manufacturing

This diversified employment base provides an important foundation for continued housing and rental demand.


The Next Wave of Population Growth  

Approximately 295,000 people currently call the wider municipality home.

Over the next 20 years, that population is forecast to reach approximately 442,000 — representing close to 50% growth from today's population base.

Planning is already responding to that expansion, with a long-term target of approximately 128,600 additional homes by 2051.

For investors, the equation is straightforward: a substantially larger population will require significantly more housing.


And Rental Supply Is Already Tight  

The local residential market is currently recording a vacancy rate of approximately 1.1%, indicating limited rental availability and a tightly supplied leasing environment.

For investors, this is an important piece of the picture. Population growth is not simply a future consideration — existing rental conditions are already showing constrained availability, supporting the case for additional quality housing.


More Than $16 Billion in Major Projects  

The region currently has a pipeline of approximately 168 major projects valued at more than $16 billion.

Investment spans the areas that help support a growing economy and population, including:

  • $5.2B industrial and commercial

  • $2.4B roads and transport

  • $2.0B residential development

  • $1.6B medical and allied health

  • $1.2B public buildings and utilities

  • $1.1B tourism-related investment

Importantly, the pipeline extends beyond proposed projects, with investment already approved, commenced and recently completed across the region.


Infrastructure Is Moving With the Growth  

Around $50 million in water infrastructure upgrades is being delivered across the surrounding coastal corridor to increase capacity, improve water security and support future demand.

This includes upgrades to major water storage and distribution infrastructure servicing thousands of customers across nearby communities.

Continued investment in roads, community facilities, recreation and essential services is further supporting the region as residential development expands.


Connected Without the Inner-City Price Tag  

The location offers access to everyday essentials while remaining connected to one of Victoria's largest regional employment and service centres.

Approximate drive times:

  • 5 minutes to local shopping and everyday essentials

  • 5–10 minutes to schools and education

  • 10–15 minutes to major retail and supermarkets

  • 10–20 minutes to beaches and coastal recreation

  • Around 20 minutes to a major regional CBD and employment centre

  • Around 20 minutes to major hospital and healthcare services

  • 25–30 minutes to major tertiary education facilities

It provides the combination many tenants look for — employment access, everyday convenience and lifestyle amenity.


The Investment  

Purchase Price: $783,898 Configuration: 4 Bed | 2 Bath | 2 Car

House: 159.8 m² — $382,500 Land: 354 m² — $401,398

Estimated Rent: $700 p/w Estimated Rental Yield: 4.6%

Land Registration: Registered Estimated Completion: Q3 2027 Contract Type: Double Contract


Why This One Deserves a Closer Look  

This isn't about relying on one growth driver.

It's about securing a new property within a region where economic expansion, employment creation, population growth and tight rental supply are occurring alongside major investment.

Add a family-friendly 4-bedroom design, solid projected rental income and registered land, and the fundamentals become difficult to overlook.

Want to know whether this opportunity deserves a place in your portfolio?

Opportunities with registered land and strong rental fundamentals can move quickly. Speak with your Property Strategist today to see how this opportunity could fit within your investment strategy. This info is general and for illustrative purposes only. It doesn't take your personal financial situation into account and isn't intended as financial, legal, or tax advice. Any projections are just a guide based on third-party data. We always recommend checking in with your accountant or a licensed professional before making any investment moves.



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