Video: The emerging north-west Melbourne suburb of Diggers Rest

Bloomdale at Diggers Rest is the long-term project of development company Investa Land, with 3,500 lots in total to be built.

Given that as of the 2011 Census the population of Diggers Rest was at 2,275, it’s clear that this will be the development that puts the area on the map.

The project is a 15-year plan for the area, a slow and steady house and land sales effort that won’t change the suburb overnight.

Currently, almost all the properties on listings websites are for new builds, house and land, or land on its own. The established properties on the market tend to be larger, or acreage blocks.

Bloomdale properties are priced from $161,900 for land and house and land from $322,000, with blocks spanning 336 square metres to 626 square metres.

It quickly emerges that Investa isn’t the only development group trying their hand in the area, although it seems they are by far the largest.

St Ives, a development from Core Projects, has recently been launched. Stage one includes 420 square metre lots to 676 square metres from $200,000 at 1468 Old Calder Highway. Their 300 lots have a completion expectation of December 2018.

Property Observer went to Bloomdale to speak to Paul O’Brien, general manager at Investa Land about the development and what can be expected for the future on the often-forgotten north western side of Melbourne.

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