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There’s never been a better time to buy
There’s never been
a better time to buy
a new home. Recent
market reports, the
announcement of the
‘homes for Victorians’
plan and First Home
combined with the
release of new land
each week suggest
that 2017 will be
a strong year in
Dacland General Manager
Acquisitions, Luke Battley believes
recent government initiatives
incentivise first home buyers and
owner occupiers which bodes
particularly well for the house and
The support from the State
Government suggests it will be a
strong year for first home buyers
looking to get into the property
market. The State Government’s
proposal to double the first home
buyers grant in Regional Victoria,
will benefit purchasers at Manzeene
Village in Lara.
“Lara offers a unique lifestyle,
with existing transport connections
to the CBD which is only 50km
away. The State Government’s
proposal to double the First
Home Buyers Grant may benefit
purchasers at Manzeene Village by
making it even more affordable to
enter the market,” said Luke.
The removal of stamp duty on
all properties below $600,000
for first home buyers may make a
property purchase more achievable.
The capping at $600,000 may also
provide incentive for first home
buyers to consider buying house
and land, with many greenfield
areas able to offer a brand new four
bedroom home for under $600,000.
“The land market is looking
strong. Last quarter property prices
increased by 4.4% with many estates
selling out stages upon release.
Coupled with supply constraint, this
points to further price growth in the
year ahead” said Luke.
“Melbourne is leading the
Australian market, given its relative
affordability. Sustained population
growth in Victoria will underpin
demand with new buyers looking to
take advantage of historically low
interest rates and secure a position
in the property market.”
“Land sales across our projects
are continuing to outperform
because our communities are
designed with amenities offering
residents a connected lifestyle. In
the month of March both Lochaven
in Cranbourne West and Villages
of Rothwell in Tarneit had sold
This quarter will also see an
eagerly awaited release of land at
Manzeene Village in Lara, and more
across Dacland’s communities.
Luke suggests that purchasing
land in growth corridors is an
affordable way to enter the market
in a community that suits your
lifestyle. Whilst for investors, rental
yields in these growth areas are
very attractive when compared to
property in middle ring suburbs.
Future investment in infrastructure
is also likely to drive land value
increases in these areas” said Luke.
“For first home buyers,
upgraders and investors alike an
upbeat market will make 2017 an
exciting year for those looking to
buy a home.”
with the lot.
5 MANZEENE AVENUE, LARA
CALL 0419 914 637
LAND NOW SELLING FROM
Featuring lots up to 690m
Why choose when you can have it all?
Enjoy a relaxed lifestyle with easy access to
Melbourne, Geelong and Victoria’s best beaches.
The government’s proposal to double the first home buyers grant in Regional Victoria, may benefit purchasers at Manzeene Village in Lara.
Autumn 2017 | Issue 10www.dacland.com.au