Real Estate – Point Cook
Point Cook boasts of a close knit community on the rise
Point Cook is a growing, vibrant community located only 20 minutes’ drive from Melbourne’s CBD. Point Cook boasts upcoming nearby developments including a 1,000-berth marina and beach, as well as proximity to both the capital city and the major regional centre of Geelong, Point Cook offers an abundance of business, retail and educational prospects.
Local amenities in Point Cook
With a first-class location, increasing population and diverse industries, Point Cook couldn’t be better situated for families and growth.
The newly built Point Cook Town Centre offers extensive retail and commercial facilities. The Centre features major retailers such as Harris Scarfe, Target, Coles Aldi, Dick Smith, Rebel Sport, as well as many more smaller specialty boutiques. A 450-seat food court, fitness centres, major banks, restaurants and day spa and health facilities complete the amenities of this major regional hub. Easy to access by car, foot or bicycle, the Centre has a central green open space – a focal point for the community to gather.
Point Cook is also known for major tourist attractions that blend beautifully with its natural beauties. The historic Werribee Park Mansion Hotel and Spa is a much-loved attraction of the area, as well as the Werribee Open Range Zoo, RAAF Museum, Point Cook Homestead and Werribee Park and Sanctuary Lakes golf courses.
Outdoor enthusiasts will enjoy a bike along the 25 km Federation Trail or a stroll through the Point Cook Coastal Park. With an ever-changing vista of sand flats, saltmarsh and wetlands, getting out in Point Cook’s great outdoors will reward visitors with over 250 fauna species including rare migratory birds.
General Point Cook demographics
Located in the City of Wyndham, Point Cook is attracting a young, working demographic. In the 5 years to 2006, the population of Point Cook increased by 570%, making it one of the fastest-growing regions in the western suburbs. Given current growth trends, it is expected that the population will increase to 41,474 by 2016.
The population of Point Cook is on average a touch older than Melbourne’s (30-39 years on average), but is likely to be just as wealthy – over 20% report an income of over $103,000. Households are primarily couples with children (52%), with childless couples (29%) comprising the other main demographic. The great majority of residents are purchasers (70%), who are likely to be repaying between $1,400-$1,600 per month on mortgage repayments. The price of houses in Point Cook is more affordable than those areas closer to the CBD; the median sales price is currently $440,000.
Education in Point Cook
Capably serviced by childcare centres and schools, Point Cook is well prepared for its increasing population. Recent increases in local infrastructure reveal the area’s focus on education, with several colleges, an early learning centre and a library opening in the past 3 years. Local schooling facilities include Carranballac College, the Notre Dame campus of Emmanuel College, Point Cook Senior Secondary College, Point Cook Primary School Lumen Christi School, Seabrook Primary School and the Point Cook West Catholic Primary School.
Exciting upcoming developments
Two nearby developments distinguish Point Cook as an up-and-coming region for growth.
A new marina at Wyndham Harbour will be completed by 2015, and is set to be an important destination for recreational boating, events and tourism in the West. The brand new suburb will feature 1,000 wet berths, a new beach, waterfront restaurants and cafes and 12 hectares of public recreational space and wetlands. Another neighbouring suburb is Williams Landing, a development also set to be a busy centre of activity, transport and employment. An approved railway station is underway.