Westwood is an impeccably designed residential community at Fraser Rise. Situated just 30km from the Melbourne CBD, 25 minutes from the airport, and surrounded by the conveniences of the established suburbs of Caroline Springs, Taylors Hill and Plumpton, property opportunities at Westwood at Fraser Rise won’t remain available for long.
The recent Park Edge Release at Westwood introduces two collections of Townhomes, a unique collaboration with Melbourne’s most coveted builders - The Amara Collection from TownLiving Metricon and Halcyon Collection from Fairhaven Homes. Since their release on September 25th, 2020, the two collections of 20 townhomes are already 50 percent sold, indicating a continued high level of interest and sought-after nature of the project. Supported by the strong sales of the Park Edge release, the Lucerna collection is a collaboration with yet another reputable Melbourne builder – Sienna, has been fast tracked and released over the weekend.
Eligible buyers of townhouses in the Amara, Halcyon and Lucerna Collections could receive up to $35,000 in government incentives*, which, combined with the thoughtful designs and incredible location, has contributed to the success of the releases so far.
Westwood boasts acres of parklands, recreational space and lifestyle-enhancing green spaces. Ideally situated in a well-connected locale, residents can enjoy access to a plethora of conveniences in Melbourne’s increasingly sought-after north-west. Purchasing one of these high quality, expertly designed 3 or 4 bedroom townhouses presents an unbeatable investment opportunity, particularly as the area is experiencing such high levels of growth.
The median house price for nearby Caroline Springs was at $443,750 in 2015, which has now increased to $625,017 in 2020 – demonstrating the area’s massive median capital appreciation of $181,267 in five short years. This presents a sense of urgency for many buyers to purchase a high quality, stylish home in Melbourne’s north-west while it is still an affordable option. Townhomes, with its offerings of; low maintenance living, value for money and high capital growth, have thus become a popular alternative for all manners of purchasers, from first home buyers to young families.
The strong sales figure and high-level of interest as seen in the recent Park Edge Towhomes release have certainly demonstrated that buying a townhome is becoming an increasingly popular avenue for homebuyers and investors in Melbourne.
Homes in the Amara Collection and Halcyon Collection offer low maintenance living at its very best, providing impeccable value for money and capital growth potential. This makes the townhouses the ideal opportunity for first home buyers, looking to make the most of the fantastic government incentives available, while securing a stylish home that is also an amazing investment in their future.
Exceptional living is at your fingertips at Westwood, with an incredible lifestyle unlocked at just the turn of a key. The design of the homes in these coveted townhome releases has been meticulously considered, with emphasis placed on enhancing the quality of life for residents, while adding value to their savvy property investment. With an abundance of future amenities planned, such as the adjoining aquatic centre, prep-12 schools and communal green spaces, Westwood will continue to attract residents, as well as showcasing the great rental opportunities for those seeking to start or expand their investment property portfolio.
The Amara Collection from TownLiving Metricon and Halcyon Collection from Fairhaven have already been immensely successful, and these collections of artfully curated 3 and 4 bedroom townhouses are set to redefine residential living in Melbourne’s vibrant north-west.
*$25,00 HomeBuilder Grant and $10,000 First Home Owner Grant