18 April 2019

Media release

Stockland’s brand new Minta community in Melbourne’s south-east has emerged as the highest selling residential greenfield project in Victoria for land sales in the December quarter 2018.

The National Land Survey by Research 4 found that the $701 million masterplanned community in Berwick was the most popular with buyers in the three months to December last year.

Two other Stockland communities ranked in the top 10 selling projects in the survey: Mt. Atkinson in Truganina and Cloverton in Kalkallo.

Mike Davis, Victorian General Manager at Stockland, said the survey results reflect the popularity at Minta since its launch as well as Stockland’s reputation for creating liveable and connected communities.

“In February, Minta celebrated 100 sales since launching in October last year. The strong demand demonstrates that the community’s enviable location, affordability, exceptional lifestyle offering and focus on sustainability and innovation is resonating strongly with homebuyers,” Mr Davis said.

“Stockland is creating thriving communities that offer outstanding liveability, connection and value for money, and it’s pleasing to see that our Melbourne communities continue to increase in popularity.”

Set on one of the last remaining greenfield sites of its size in Berwick, the 116-hectare site includes approximately 20 hectares of lakes, reserves, open spaces and conservation areas while being close to public transport, shops and schools.

Minta’s 100th buyers, Reisha Jayakody and husband Chulitha Nalawaththage, said the community’s sustainability standards and Stockland’s commitment to every home having solar panels was a major factor influencing their buying decision.

“After three and a half years of looking, we’ve found a place that is beneficial for both of us,” Mrs Jayakody said.

“For us, it’s not really about just the comforts and the convenience of everything, it’s more to do with the future.

“Ten years down the track I want to be living in a place that has a positive impact on the environment, our kids and us as well.”

Mr Davis said that Stockland’s excellent track record and deep understanding of customers’ needs continued to attract buyers in changing market conditions.

“We have affordable, high quality homes to suit buyers at all stages of life and house and land packages at Stockland communities are often thousands of dollars less than the local median prices,” he said.

At Minta, house and land prices start from $468,520, which is $221,480 lower than the Berwick median house price*.

In a further reflection on the popularity of Stockland communities, Highlands in Melbourne’s north is now one of the hottest property searches in Victoria.

According to the latest data from realestate.com.au, the Craigieburn community was one of Victoria’s top five most viewed communities for house and land in 2018.

To find out more about Stockland’s Victorian communities, visit the Sales and Information Centre at your chosen community, call 13 5263, or go to www.stockland.com.au/vic.