Casey City - Far south-east of Melbourne, VIC
The City of Casey has been one of Melbourne’s strongest property markets, with massive sales levels and strong price growth. Its affordability has made it popular with first-home buyers.
Population growth and spending on infrastructure are the drivers behind a strong local economy.
The Victorian Government has marked Narre Warren for future development as a major urban employment hub and Berwick as a key health and education precinct.
An upturn in commercial development activity began in 2015 with at least five major projects creating 3,730 new jobs. In addition, the planned Berwick Health, Innovation and Education Precinct is expected to provide 11,000 new jobs and the Casey Central Town Centre will require 5,200 workers.
Rapid population growth in the area demands new housing estates and, with improved access to central Melbourne via the Monash Freeway, Casey promises to be a strong performer for property owners.
This report covers Beaconsfield, Berwick, Clyde North, Cranbourne, Cranbourne East, Cranbourne Nth, Cranbourne West, Doveton, Endeavour Hills, Hallam, Hampton Park, Lynbrook, Lyndhurst and Narre Warren.