Why Cedar Woods’ St.A townhouses are appealing to first home buyers, young families and downsizers
St A, Cedar Woods’ new masterplanned community in St Albans in Melbourne's north-west, is attracting a wide range of buyers to its townhouse development.
Cedar Woods are offering buyers the opportunity to choose from six different floorplans, with each townhome ranging between two and four bedrooms.
Located in the burgeoning growth area, west of Melbourne’s CBD, St.A delivers a family-friendly community, a landscaped central park and stunning designs by DKO Architecture.
We recently spoke with Cedar Woods chief operations officer, Patrick Archer, to discuss the benefits of securing a townhome at St.A.
MK: Have you seen an increased demand in townhouse sales post-COVID-19?
PA: St.A sales have seen a solid increase since late last year when restrictions eased and the economy showed signs of a solid recovery.
At the same time, the central park landscaping was installed and several stages of townhomes were completed so the project is looking amazing.
MK: What are the buyer demographics of owner-occupiers purchasing townhouse developments?
PA: It has been a very diverse mix of buyers but typically, it has been first home buyers who already live in the area. There’s also a good proportion of young families and downsizers.
MK: What should homebuyers look for in the ideal townhouse development?
PA: If 2020 has taught us anything it is that floorplan functionality is the make or break of a home. Quite a few of our purchasers have told us that this was one of the biggest selling points at St.A, a floorplan that has outdoor space and allows you to set up a home office which is important to purchasers.
MK: Do properties in St Albans hold long-term investment opportunities?
PA: Melbourne’s western suburbs have been widely reported as the biggest opportunity for investors who want to make excellent returns.
St Albans is no exception and buyers at St.A are focused on the long term return on their investment with strong prospects for capital growth in a suburb that is so well serviced.
MK: What does the project offer that other townhouse developments may not?
PA: St.A allows beautiful and architecturally designed homes, set around a large central park where neighbours can meet. These features and proximity to shops and transport is what makes St.A unique.
Also St.A is being developed by Cedar Woods, an ASX listed national property developer so buyers can rest assured that their homes will be delivered to a high standard.
Townhouses in the community start from just $499,000 for the two bedroom, two and a half bathroom townhouse in the Argyle II.
Buyers can choose from a number of other configurations, including Sapphire IV, Amber, Topaz II, Novo III, Argyle I and Jasper.