News and Blogs | Eglinton

5 reasons to invest in Eglinton Village

Written by Cedar Woods | 15 Dec 2022

Get ready to enjoy a little more investment potential at Eglinton Village. Here are five very good reasons to explore all this village community has to offer.

1. A clear vision for the future

Eglinton Village is quickly taking shape, backed by a strong vision to create a true village community designed around meaningful connections. As a walkable community, Eglinton Village will ensure all residents are within easy reach of local amenities, with even more to discover a short drive away.

A wide range of living options will also help the community appeal to a broad rental market, which can create exciting, long-term opportunities for investors.

 

2. Strong local connections

Located three minutes drive from Eglinton Beach, Eglinton Village offers close connection to local amenities. These include a range of popular parks, a choice of local primary and high schools, GPs and other medical services, shops, childcare services and more.

Yanchep National Park and Yanchep Lagoon are both within a short drive, as are a growing collection of restaurants and cafés. The suburbs of Yanchep, Alkimos and Butler are all within a few minutes’ drive from Eglinton, while the thriving Joondalup central business hub is within a 20-minute drive.

The new Eglinton Train Station is located just 500m from the community, offering a seamless 46-minute journey to the Perth CBD.

 

3. Exciting future amenities

In time, Eglinton Village will offer a range of future community amenities within a short walk of all homes. These will include:

  • Eglinton Primary School, catering for children from Years K – 6.
  • A dedicated conservation area surrounded by retained vegetation.
  • Walking trails throughout the conservation area, leading up to a high point with views to the ocean.
  • A proposed future shopping centre likely to be anchored by a Woolworths supermarket and supported by retail and specialty stores.

 

4. Long-term growth potential

Located in Eglinton in the City of Wanneroo, Eglinton Village enjoys a sought-after coastal location in Perth’s fast-growing North West corridor. In the past 20 years, the City of Wanneroo has grown from 80,000 to 215,000 residents, according to ABS data. Its population is forecast to increase by nearly 70% by 2041.

In the past 12 months, Eglinton’s median rental price has risen 18% to $590 a week* with a rental yield of 5.9%.* In the last 12 months, the median house price has risen 22.8% to $565,000.*

Future growth and development in the area is also set to make Eglinton Village a popular destination for a wide range of residents.

 

5. Planning for tomorrow

Eglinton Village has been carefully designed to deliver a range of future-ready amenities for residents. These include a range of conveniently located electric charging stations and community Wi-Fi to help keep people a little more connected.

 

Discover a little more investment potential.

With so many long-term investment opportunities, there’s never been a better time to take a closer look at Eglinton Village. To find out more, speak to our friendly team today.

 

*Eglinton suburb guide at realestate.com.au, information correct as of April 2024.