Wyndham Vale, within Wyndham City is located approximately 38 kilometres south-west of the Melbourne CBD. The suburb predominately contains an urban form that consists of a combination of both rural and residential properties. Development activity in Wyndham City has been strong in recent years, particularly within the nearby suburbs of Tarneit, Hoppers Crossing and Werribee and as such has become one of the fastest growing regions in Victoria.
Heading into 2014, figures show price growth in Wyndham have soared in the past year, with median house prices 28 per cent higher than they were 12 months ago. Real Estate Institute of Victoria revealed that homes in nearby Werribee, previously the lowest median house price in Melbourne, increased by $70,000. Similarly, Wyndham Vale is showing strong price growth with a median house price of $336,000, up 6.2 per cent, making it one of Melbourne’s top five most affordable areas.