The Report: Manningham
BOOK APPRAISAL
Infrastructure and Local Insights
Strong investment continues to spur property market performance across Manningham, which has long been sought after for its superb location and outstanding local amenity.
Manningham continues to thrive as a prized family destination, with investment in major road and rail infrastructure and a program of parks and recreation regeneration set to further boost market performance and liveability.
Major transport projects will soon transform the way people live and commute in Manningham, reducing congestion and enhancing connectivity across the region.
Victoria’s largest ever road project, North East Link, will take pressure off many local and arterial roads throughout Doncaster Hill. Slashing travel times by linking the M80 to an upgraded Eastern Freeway, it will take 15,000 trucks off local roads each day when it opens in 2027.
Doncaster’s lack of rail connection looks set to be addressed, with the government flagging a new underground train station at Doncaster as part of its $50 billion Suburban Rail Loop.
More than 125,000 Manningham commuters will benefit, and the project will deliver critical connections to surrounding suburbs, the CBD and Melbourne Airport via an orbital link.
Westfield Doncaster is about to embark on a $500 million development, increasing its size by 30% to include an additional 43,000sqm of retail and 18,000sqm of commercial office space. The massive build will see the centre rival Chadstone and cement its reputation as one of Melbourne’s premier economic hubs.
Manningham’s enduring appeal to families will be intensified by a raft of community sporting and recreational facility upgrades. A $58.7 million capital works spend on community assets over the coming year will focus on footpaths, bicycle tracks, roads, parks and recreation facilities across Manningham.
Community sporting facilities will undergo significant improvement, with $4 million for further improvements at Pettys Reserve Sporting Development, $1.2 million for Tom Kelly Athletics Track development and $850,000 for Rieschiecks Reserve in Doncaster East. Parks across the region will share in $6 million, including $1 million each for Hepburn Reserve and Lions Park, and $1.2 million for play space upgrades. Bicycle paths and roads will be upgraded with a $12.6 million spend over the next 12 months, further improving connectivity for Manningham residents. Schools in the Manningham area continue to draw buyers and strong competition, with homes in sought-after government zones attracting premiums. Doncaster Secondary College, East Doncaster Secondary College, Templestowe College and Warrandyte High School have all undertaken recent building and school improvements.
This strong infrastructure and development investment continues to drive fresh interest and demand in Manningham, ensuring the local property market is perfectly placed for continued growth.
© Jellis Craig 2021