Why Warragul is booming
With a rapidly growing population Warragul has 15,000 people with a 48,000 in the wider community including sister city Drouin – in the five years to 2016 the population grew 15%.
As a designated Growth Area, the Shire's population is expected to surge from about 49,000 in 2016 to more than 85,500 by 2041. That’s more than 100 people a month moving to the Shire for 25 years.
This has been facilitated by the release a decade ago of 2500 hectares of land for new housing in the twin towns of Warragul and Drouin.
There are 11 major housing estates offering 1000’s of new lots in masterplanned developments offering much larger lots at prices far lower than metro competitors.
Added to this the fact that Metro Melbourne is spreading inexorably towards Warragul, with Pakenham South now just 50km away and connected by four-lane Princes Hwy offering direct access to the SE suburbs and the Melbourne CBD.
In addition the State Government has made the Regional First Home Buyers Grant $20,000 – double the metro equivalent. This attracts many first home buyers who also save significantly on house prices with land at least $100,000 cheaper than equivalent metro lots.
Despite its closeness, Warragul will remain separate from metro Melbourne, protected by the lush green belt of farmlands of West Gippsland – providing an important separation and its own rural identity.
The rail and road system connects residents to metro Melbourne with around 40% of residents taking either the road or train to a number of locations right through to the Melbourne CBD via Dandenong.
The dual lane Princes Highway, just 5 mins from Waterford Rise, leads direct to the Melbourne CBD in a little over an hour off peak.
One of the leading estates in Warragul is Waterford Rise. For more information go to www.waterfordrise.com.au