THE list of farmers who have become instant millionaires as a result of government planners needing land for housing, has grown. This time, in the western suburb of Wyndham Vale, 35 kilometres from town, a private family has achieved a price of $6.5 million from the sale of its 12.1 hectare farm. Wyndham Vale is in Melbourne’s first home buyer heartland. The farm, at the north-east corner of Ballan Road and Wollahra Rise, opposite the Manor Lakes Shopping Centre, is expected to be redeveloped into a major housing estate.
Read the original:
this website
- Investing in Wyndham Vale Wyndham Vale is a suburb in Melbourne, Victoria. It is located about 35 kilometres south west of the central business district of Melbourne and...
- The Wyndham Vale Suburb A few kilometres south west of the central business district is Wyndham Vale, a suburb of Melbourne that is beginning to attract a lot of...
- Former Government Pound Hits Market as Development Site A MAJOR development site offloaded by the State Government six years ago for $2.8 million, has hit the market again, and is expected to...
- Wallan Development Site Sells For $14 Million A MAJOR residential development site near central Wallan has sold to Sydney-based property group, Oracle Estates, for a speculated $14 million. The 40.3 hectare...