29 June 2017   

2mins read
Stockland commits to releasing 200 new homes in 100 days for under $500,000 across Victoria.

Stockland is leading housing affordability in Victoria by launching ‘200 homes in 100 days’ – where Melburnians can purchase a new home for under $500,000.

Stockland’s General Manager of Residential Development in Victoria, Mike Davis, said: “To coincide with the commencement of the Victorian Government’s Homes for Victorians incentives that come into effect from 1st July 2017, we’ve committed to releasing 200 homes over a period of 100 days across four of our masterplanned communities in Victoria.

The townhomes and house & land packages will all be available for less than $500,000 – that’s more than $300,000 below Melbourne’s March 2017 quarter median house price of $826,000*.

Increasing the supply of housing in major cities is the most effective way to address housing affordability, which is why the Victorian Government’s Homes for Victoria initiatives are so important.

 We strongly support the focus on increasing the supply of land, which will go a long way to toward creating more affordable price points and a variety of housing choices to get more Victorians into their own homes."

To view The Grove's home and land packages included in the initiative, <<click here>> 


Watch the video below.

*Source: Real Estate Institute of Victoria 


"Increasing the supply of housing in major cities is the most effective way to address housing affordability, which is why the Victorian Government’s Homes for Victoria initiatives are so important." -Mike Davis, General Manager of Residential Development in Victoria