The Point Cook property market has matured of late.
Once an area seen as an affordable growth hub, rising prices have pushed the suburb’s median house price to $503,000, according to latest CoreLogic data.
The figure comes after a 10.5 per cent increase in the past 12 months that outpaced the 8.1 per cent median house price growth of wider Melbourne.
And to the mind of Wolfdene director Jon Atchison there has been a shift in the attitudes of buyers coming to the area, and rising acceptance of developments such as the Saratoga Townhouses as a result.
“The people buying into these areas aren’t just young first-home buyers,” Mr Atchison said. “Now it’s appealing to even older buyers who want to downsize to a low maintenance home.”
