Toolern Waters Estate is a new estate made up of 900 lots nestled next to the Melton Weir and located in the new suburb of Toolern in the Shire of Melton.
Designed as a master plan community aimed at young families, Toolern is expected to grow dramatically and house over 55,000 people making it one of Melbourne’s largest suburbs and covering more area than Mildura.
As part of the new suburb of Toolern, Toolern Waters Estate is within a short distance to the newly planned town centre which will be the focal point of the suburb.
Covering 2,200 hectors, Toolern will include a number of larger parks, six primary schools, two secondary schools, kindergartens, a train station and a business park making it well position to cater for the expected population growth in the area while also being able to catering for the expected 22,000 new jobs over the next 25 years.
Key investment factors include:
- 35km from Melbourne CBD
- Easy access via 3 major road networks, Western Ring Road, Deer Park By Pass, and Melton Highway
- 30 minutes from Melbourne International Airport
- 60,000 new residents to Toolern by 2030
- 8 families per day will be relocating to the Melton (Melton Shire Council link above)
- 20,000 + new homes demanded
- Employment in local area to expand by 26,000 jobs
- $1.3 billion on upgrades to existing Melton train Line and Station Upgrade (located only 2km from Toolern Waters Estate)
- Melton- Caroline Springs Growth Plan - providing new activity centres, job opportunities, increased access and affordable housing across the two communities and opening the gate way to South Melton for the expanding population.
- $70 million on town centre and shopping facilities
- 8 established local shopping centres
- 6 medical clinics , 1 regional hospital
Education in Melton
- Victoria University Campus 1
- Primary Schools 17, Childcare/Preschool 18, Secondary Schools 9
- Toolern Creek Regional Park- Parks Victoria and Melton Shire Council are progressing with a 130 hectare regional park along the Toolern Creek, and being located closely to the Toolern Waters Estate provides families with picnic areas, bicycle walking trails, play areas.
- $360- $380k Price Point- The largest driver for owner occupiers and investors purchasing in Melton is affordability.
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