South Morang
An idyllic suburb 21 kilometres north-east of Melbourne’s central business district, South Morang in Victoria is a fast progressing transport and economic hub, as well as a high demand market for residential properties in the City of Whittlesea.
From its humble beginnings as a country area situated in the outskirts of Melbourne in the late 90s, it rapidly grew to a suburban area in early 2000 as the development of new estates began to pick up to address the demands for growth towards the northern areas.
According to the 2020 Estimated Resident Population survey by the Australian Bureau of Statistics, South Morang has a population of 23,680 with a density of 15.13 people per hectare on a total territorial area of 1,565 hectares (around 16 square kilometres).
Postcode 3752
Population 23,680
From CBD 21km
An ideal location for residential and commercial investment, South Morang has a relatively low crime index which makes it a great place to start a family. It also has a good deal of education, lifestyle and recreational amenities that also make it an ideal place to live.
Bounded by Skyline Drive, Hunters Lane, Plenty Road, Allwyn Crescent, Bush Boulevard, Buick Crescent, Civic Drive and Border Drive in the south, and Yvette Court, McDonald’s Road, Meadowglen International Athletics Stadium, Findon Road and Quarry Hills Bushland Park in the west, the suburb boasts of accessible major and arterial roads suitable for east of transport and commute in and around the area.
South Morang also favours a real estate investment potential due to affordable house prices that are expected to increase in value over time, relative to the overall growth in the area. The same with commercial real estate, with both public and private infrastructure development.
One of the few suburbs with three bustling stations- Hawstowe, South Morang, and Marymade- including its proximity to the M80 that connects to all major freeways, there’s no doubt South Morang is going to be a great real estate investment option.
Statistics sourced from https://en.wikipedia.org/wiki/South_Morang,_Victoria