David Devine's Metro Property expands Adelaide presence

David Devine's Metro Property expands Adelaide presence
Jonathan ChancellorDecember 7, 2020

David Devine’s Metro Property Development has secured a former school site at Evanston in Gawler, 44 kilometres north of Adelaide, for $2.5 million.

The Arcadia Green development is an 81-lot subdivision that has an end value of $27 million, with marketing currently under way.

The properties are eligible for the SA Affordable Homes Program.

The regional location is best known for McLeod's Daughters, which was filmed on a property just outside Gawler's northern fringe.

Steve Weightman, director of Metro’s South Australian operations, says another site under contract is in Adelaide’s southern suburbs.

Metro Property Development, founded in 2010 in Brisbane, now has housing ventures in Melbourne, Perth and ­Sydney.

Metro, which entered the Adelaide market two years ago, is ranked the fifth-biggest home building in the state on the latest HIA Top 100 builders list.

Its Adelaide house and land packages started from $400,000, rising up to $600,000 for homes closer to the CBD.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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