Friday, 29th November 2019
Launching to the public less than a month ago, the unique combination of location and design has seen the project reach an exciting milestone with over 50% of the homes now sold and with a large proportion of purchasers to date are either currently living in Yarraville or nearby suburbs, Yarraville Place is set to become a vibrant & celebrated community.
ID_Land Joint Managing Director Matthew Belford says the project is appealing to a broad range of buyers, further highlighting that confidence seems to be returning to Melbourne’s residential market.
“ Based on sales from the opening weekend at Yarraville Place, 50 per cent of those purchasing were first home buyers, while a quarter were upgraders looking to move up from their first property, with investors and downsizers making up the balance.
“ We think the strength of the sales results to-date indicate that buyers across multiple demographics are back in the market and they’re looking for accessible, premium property in sought-after postcodes like Yarraville,” Belford said.
ID Land saw an opportunity to deliver a product that embraces the character of the location whilst fulfilling the demand for three and four bedroom dwellings at an affordable price point.
Each pocket of the project has been given its own architectural typology with stories of the site’s eclectic past woven into the design. Rothelowman Principal Stuart Marsland said his team had worked to ensure the project paid homage to the area’s industrial heritage.
“ The retention of heritage assets throughout the project gives it a very unique and different look and feel.
“ We’ve worked to create streetscapes that relate to the history and character of the area, for example the sawtooth townhomes in the centre of the project sit behind heritage-listed bluestone walls, while the street-facing homes on Banool Avenue utilise brick façades to acknowledge the industrial past of the site,” Marsland said.
Three & four bedroom homes are still available starting from just $770,000. For more information call Andrew on 0412 090 150 or visit the display located at 2 Banool Avenue, Yarraville. Open Tuesday to Sunday, 12pm-4pm.
The Yarraville Place Display Suite is open by appointment only.
Call Andrew on 0412 090 150 for more information.
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