Lot 803 - Rusty Road - Wollert

Description

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Wollert is a fast-growing suburb located about 26 to 27 kilometres north of Melbourne’s Central Business District, within the City of Whittlesea and bearing the postcode 3750. It has a population of around 24,400 people according to the 2021 Census, with a young demographic largely made up of families and first-home buyers. The name “Wollert” originates from a Woiwurrung word meaning “where possums abound.” Historically, the area was rural farmland known for sheep raising and dairy production, but in recent decades, it has rapidly transformed into a modern residential suburb with extensive housing developments and growing infrastructure.

Wollert offers an affordable entry point into the Melbourne property market compared to inner suburbs, attracting families seeking space and modern homes. The suburb features plenty of parks, reserves, and open spaces, contributing to a relaxed and outdoor-oriented lifestyle. Education facilities are expanding, with several new primary and secondary schools already operating or planned, while the community remains family-friendly and multicultural, with less than half of residents born in Australia. Major roads such as the Hume Freeway provide convenient vehicle access, although public transport is still developing, as Wollert currently lacks its own train station, relying on nearby stations and local bus routes for connectivity.

Property prices in Wollert have been steadily increasing, with the median house price sitting around $710,000 and average rents near $570 per week. The suburb is dominated by owner-occupied households, reflecting the strong presence of young families and mortgage holders. As a growing area, infrastructure and local amenities such as shopping centres and public transport are still catching up to demand, meaning residents may experience some inconvenience while development continues. Nonetheless, Wollert’s affordability, community atmosphere, and proximity to Melbourne’s employment hubs make it a promising area for both homebuyers and investors seeking long-term potential.