Powlett Ridge

Wonthaggi

Powlett Ridge in Wonthaggi is a regional hub strategically positioned near both metropolitan Melbourne and Gippsland.

Wonthaggi is currently experiencing rapid development, driven by the growth of high-skilled employment opportunities in sectors such as engineering, renewable energy, and healthcare. This expansion is further supported by a rising population, substantial infrastructure investments from local and state governments, and a range of affordable housing options making it an attractive prospect for investors.

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Investor Pack

Powlett Ridge - Wonthaggi - Investor Pack

Location

Powlett Ridge - Wonthaggi - Location

Investment Statistics

9.1%

12-Month Growth

8.2%

5-Year Average Growth

0.6%

Vacancy Rate

12.5%

12-Month Rental Growth

$600

Average Rent per Week

$290 million

Wonthaggi Hospital expansion

$3.7 million

Wonthaggi to Inverloch Shared Path

$2.3 million

Arts Centre Services at Wonthaggi

$350,000

Powlett River Pedestrian Bridge Renewal

$13.4 million

Improvement and maintenance of Bass Coast’s road

$600 million

Energy from Waste plant

$530 million

Gippsland Railway line upgrade
(500 jobs)

$500 million

Melbourne Innovation and Food Export Hub (10,000 jobs)

$254 million

Princess Highway East duplication (100 jobs)

In December 2022, Australian Government declared an area of the Bass Strait off Gippsland as Australia’s first offshore wind zone.

Creating 22,500 new jobs.

Master Plan

Powlett Ridge - Wonthaggi - Masterplan

Projects

Enquire Now

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Chris Benitez

Chris Benitez

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Enquire Now

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

Chris Benitez

Chris Benitez

Explore the potential of this project and elevate your portfolio. Enquire now for exclusive details.

DISCLAIMER

The prices, images and specifications listed in this document are intended to provide indicative information. Please be aware that these details are subject to change without prior notice. McMullan & Bird strives to maintain accurate and up-to-date information, but market conditions, material costs, and other factors may necessitate adjustments. We recommend consulting with your Business Development Manager for the most current and precise images, pricing and specification details. Your understanding and flexibility in this matter are greatly appreciated.