Master-planned community, Woodlea has sold out 4 releases

Master-planned community, Woodlea has sold out 4 releases
Staff reporterDecember 7, 2020

Victoria’s 711ha master-planned community, Woodlea, has recorded a sell-out of its four townhouse releases.

Despite Melbourne lockdown, Porter Davis and Mirvac sold out each of the 35 townhomes over the four releases within weeks of their launch.

A total of 200 townhouses within the development have sold to date.

Woodlea’s success can be attributed to its $65,000 initiative that combines government incentives for first home buyers with a $20,000 Visa gift card.

Hoping to follow this trend, Mirvac has announced the launch of its Central Quarter project within the master-planned community’s new town centre precinct, home to a $45 million town centre opening in March 2021.

A total of nine three- and four-bedroom townhouses will be available in the release.

Its features include a double garage, private backyards and a flexi-home office study as developers cater to the increased desire for working from home space.

Woodlea’s Central Quarter will commence ROI on November 9 and will follow a first-come, first-served basis.

The turn-key homes are central to Woodlea’s array of transport, shopping and education facilities, and is located a 29 minute commute from Melbourne CBD.

Editor's Picks