Race heats up for first lots at $2 billion community


More than 185 buyers have rushed to secure the first lots for a $2 billion master planned community in Melbourne’s west at a VIP ballot.

Buyers have snapped up the first 70 lots at Woodlea, touted as the largest new residential community in the western growth corridor. Upon completion, the community will house over 20,000 residents.

Developers Mirvac and Victoria Investments and Properties revealed that over 3,000 people had registered their interest prior to the public launch and a ballot was required to distribute the blocks fairly.

Buyers had placed a $1,000 deposit to be in the draw to select one of the 70 lots available.

Woodlea Project Director, Matthew Dean said the ballot process provided buyers with an opportunity to secure their preferred lot.

“Since taking registrations in early March, we have attracted overwhelming interest, thus have increased the number of lots available from 52 to 70 for this early release of home sites to cater to this demand,” he said.

“Woodlea heralds a new era for suburban living for Melbourne’s west. It’s evident that buyers want to be part of this new community that’s making home ownership accessible to first home buyers and growing families.”

Located 29km from Melbourne’s CBD in the City of Melton, Woodlea will be built over 711 hectares and feature upon completion 7,000 houses, as well as a major town centre and a local town centre.

Approximately 30 per cent of Woodlea will be dedicated to open space including walking and cycling paths, playgrounds and surrounding bushland.

The Woodlea Sales and Information Centre is located at 1045 Leakes Road, Rockbank, and is open daily from 10am to 5pm.

Some of the first purchasers at Woodlea, Alex and Anjeza Hoxalli, check out their new homesite. 

Show Comments
advertise with us
The Urban Developer is Australia’s largest, most engaged and fastest growing community of property developers and urban development professionals. Connect your business with business and reach out to our partnerships team today.
Article originally posted at: