Casey, Hume, Melton, Whittlesea and Wyndham in demand; property developers add Vastu principles to home designs
Around 40 per cent of buyers surveyed in the last two months in Melbourne’s growth zones of Casey, Hume, Melton, Whittlesea and Wyndham were born in India, out-buying the Australian-born in the region, according to marketing research company Red23.
Red23 agent Kunal Advani told reporters that demand from Indian-born buyers in the outer western suburbs had been high in the last year, stating that most of them had been living in Australia for at least five years and were buying homes here either for investment or as first first-home buyers.
Wyndham, which is 20 kilometres from the city, is one of the fastest growing councils in Australia, and has affordably priced homes and a growing infrastructure. The 2016 Census data shows the region to be a hot spot for Indian migration. Indians also find Wyndham a good place to raise the family, according to the survey.
Property developers too have begun to take note of the increasing demand from Indians. Dennis Family Homes recently introduced new homes incorporating Vastu Shastra principles to attract Indian buyers.