Is Buying Land a Good investment? | Arramont

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Is Buying Land a Good investment?

Buying land as an investment in Australia is one of the smartest and safest investments you can make.

Whether you're looking to build your dream home or simply acquire some property for future development opportunities, buying land is a great way to diversify your portfolio and secure your financial future.

With a 15% increase in Melbourne and Geelong housing sales in Q2 2023, there's never been a better time to purchase.

In this blog post, we'll explore the reasons why buying land is a good investment choice.

1. Land is a limited resource

One of the main reasons why land is a good investment is because it is a limited resource. No matter how much we advance technologically, we can't create more.

As the population continues to grow, the demand for land will also increase, which will in turn, drive up prices. In fact, 73% of buyers who purchased in Q2 2023 bought land only.

Despite rising interest rates, 2,146 land lots were sold last quarter, the first increase since September 2021. Highlighting why buying land now can lead to greater future value appreciation.

2. Affordability

If you have a limited budget but want to buy in your dream location, land is the best option.

More affordable than a package, you can secure your ideal land size in a growing suburb and build later, especially if you purchase untitled land*. This is a great way to spread out the cost over time and help guarantee a good return, especially when you secure land in a thriving neighbourhood like Wollert.

Right now, the median lot price for a 350m2 block in Wollert is $399,000. Only 43km from Melbourne's CBD and surrounded by established amenities, Wollert is the best place to buy.

With affordable land for sale in Wollert priced from just $309,000, purchasing within Arramont Estate is a wise investment.

*Ensure you speak to your agent about the building timeframe within your contract. At Arramont, purchasers have 24 months before building must commence.

3. Customisation & control

When you purchase land, you have much more control over what happens in comparison to investing in existing property.

You can choose to develop it in a way that is most beneficial to you. Build your dream home design suited to you and your family needs to live in or construct a rental property for additional income. You also have the power to decide when to sell the property and who to sell it to.

4. It's a good long-term investment

Because land is a limited resource, it doesn't generally depreciate. It's more likely to increase in value, especially when buying in a growing area.

Location matters a lot when buying a home, especially as an investment. If you buy land in an up-and-coming neighbourhood, like Wollert, which is new but growing with infrastructure and amenities, there's a bigger chance of a high return.

Only 1.5km from Craigieburn Station and 4 minutes to the Hume Freeway, Wollert is one of the best locations to buy investment property. Did you know sales in Wollert went up 13% this quarter?

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Buying land is an excellent way to diversify your investment portfolio while securing your financial future. It's a tangible asset that never loses its value and a limited resource that will always be in demand.

If you're looking for the ideal spot for an investment property in Melbourne, Arramont offers a range of land for sale in Wollert that could be perfect for you. Contact our team today to find out more on 0425 741 891 or email us at Arramont@rpmgrp.com.au.

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Things To Do Around Wollert Victoria

Wollert is a growing suburb in Melbourne's north, just 26km from the CBD. With its proximity to the city and endless activities, there are plenty of things to do all year round! Whether you're looking for an exciting day trip, spending time outdoors or enjoying some quality shopping, Wollert offers something for everyone. Here are 5 awesome lifestyle things to do around Wollert. 1. Check out Wollert's cafe scene From well-balanced coffee to tasty brunch spots, there are so many terrific cafes around Wollert to explore, including:

Waterside Cafe - Shore Drive, Craigieburn

Just a 10-minute drive from Arramont, enjoy coffee with a stunning view at this local gem! Known for its vibrant atmosphere and mouth-watering pancakes, Waterside Cafe is the ideal place to relax and take in the sights while slipping on your favourite beverage. Did we mention it's dog friendly?

4 Seed Cafe - Bank Street, Wollert

For great food, service, and coffee, 4 Seed Cafe is the local for you! From a chilli scramble to a cheeseburger with the works, pancake heaven to junior Nutella-mallow toastie, there are options for all. Located 1.2km from Arramont Estate, it's just a 15-minute leisurely walk away.

Cafe Grasslands - Grassland Ave, Craigieburn

Looking for the best bacon and egg roll around? Cafe Grasslands has you covered. With an extensive and appealing menu, beautiful atmosphere and value for money, this cafe near Wollert, only 7km from Arramont, has something for everyone! 2. Support local at Wollert Market If you're hunting for the perfect way to spend your Saturday morning, why not check out the Wollert Community Market? On the 4th Saturday of the month, the grounds of the former Wollert Primary School transform into market stalls. From delicious fresh produce of homemade jams and cakes to toys, books, crafts and coffee, it's a beautiful way to start your weekend. Located at 455 Epping Road, Wollert and open 8am - 2pm. 3. Get back to nature at the array of parks in Wollert Wollert is no stranger to stunning parkland. From adventure playgrounds to sweeping open spaces, there's so much to explore with your children, friends, or furry best friend! Located on Anzac Drive, opposite a vast green space and featuring a basketball court, soccer goals and rope climbing frame, Thyme Park, Wollert, offers hours of fun for the whole family. Did you know Arramont is home to some of Wollert's best playgrounds and parklands? With 2 parks already open and more to come, enjoy a range of activities, including:
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  • - Bird nest swing
  • - Ropes course
  • - Massive playground
  • - Half basketball court
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  • - And so much more!
Located on Jardin Road and Verdon Drive, Wollert and surrounded by wide open spaces, our parks are perfect for picnics, reading and more. Enjoy some time outdoors with the family and check them out this weekend. 4. Shop till you drop at Wollert's nearby shops Whether you're looking for a bargain, a Kmart fix or a local treat, there are many nearby shopping centres to get a well-deserved dose of retail therapy! Aurora Village Epping is your local for beauty and an appetising feed from Degani to Oregano's and Okami. For more extensive shopping needs, Wollert's nearby shopping centres, Westfield Plenty Valley, Epping North Shopping Centre, and Pacific Epping, have you covered! 5. Indulge in a meal at the delicious restaurants around Wollert There's no shortage of delightful cuisines around Wollert, including:
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  • - Japanese
  • - Indian
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  • - And so much more.
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Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.

Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.


Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.

Register Your Interest Today

Looking for land for sale to build your dream home in Wollert? Register your interest to stay up to date with sales releases and community news at Arramont estate.