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Why Rent? When you can buy your own home at LUMA from just $438 per week*

Market insights 3 weeks ago Read time: 2 minutes

LUMA Sunshine North is perfectly positioned to make the most of the very best of Melbourne’s increasingly sought-after inner-west. 2 bedroom townhouses are available from $545,000^ – making LUMA the perfect opportunity to join the property ladder.

Eligible first home buyers who qualify for the State Government's First Home Owners Grant (FHOG) can purchase their first home with repayments as little as $438 per week*, potentially making owning a home to LUMA cheaper than renting a comparable property in the area. Great benefits are also available to buyers as LUMA offers not only 5% deposit but also provides a free heating and cooling upgrade package, valued at up to $4,490** on 2 and 3 bedroom homes in Collection 1 and 2. 

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Development Victoria is a State Government authority, passionate about making Victoria a great place to be. They create vibrant places across the state through diverse and strategic property development and urban renewal projects. They are committed to building great homes and communities where people and business can thrive, catering for different budgets, lifestyle and people.

The homes are designed to be sustainable and affordable, giving more Victorians the opportunity to live where they want to be, without having to compromise on quality. LUMA Sunshine North is another example of their commitment, delivering a well-connected, master-planned community homes that inspire healthier living.

LUMA’s Urban and Tempo homes offer a range of floorplan options, perfect for those just entering the market, or if you are hoping to enjoy more space with your growing family. With sustainability in mind, all homes at LUMA include solar PV panels and battery storage system to harness solar energy. This helps to reduce your carbon footprint and your energy bills – without compromising on style, quality or functionality. 

LUMA also features a 3,600sqm park, giving residents access to a welcoming green space that links the whole neighbourhood together. The park will feature a fully equipped children’s playground, sheltered BBQ and picnic area and beautiful open spaces.

Sunshine North has demonstrated consistent capital growth over recent years, proving LUMA to be a fantastic real estate opportunity for those looking for a stylish, high quality home that is also an intelligent investment. Surrounded by top educational institutions – including Victoria University and Harvester Technical College – means housing demand in Sunshine North will remain high, while adding to the youthful energy of the area.

For more information on how you can purchase your dream home at LUMA Sunshine North, click here.

 For full Terms & Conditions please click here.

^Subject to availability