Satterley Property Group launches two new developments in Melbourne’s west
Another 2,820 lots of land will be launched into Melbourne's west by Satterley Property Group as they open two new residential developments in one month.
Upper Point Cook is a 2,000-lot offering in Point Cook, while Habitat, on Davis Creek in Tarneit, will be providing the other 820 lots, which they're calling some of the cheapest housing in the state.
Habitat's house and land packages are expected to span from less than $300,000 to above $450,000.
Habitat spans 65 hectares, on the corner of Sayers Road and Davis Road, includes more than 150 lots fronting Davis Creek and 14 hectares of open space.
Upper Point Cook will be the first to launch, followed three weeks later by Habitat on 26 October.
Satterley Victoria general manager Jack Hoffman said that since announcing the two, interest has been strong, particularly from first home buyers.
"Upper Point Cook and Habitat on Davis Creek are two quality master-planned communities that combine premium housing options and affordability," said Hoffman.
"Upper Point Cook is one of the few remaining quality land parcels close to shops, public transport and with direct access to the Princes Highway."
Strong sales are expected on launch weekend, with completion of the project to welcome 5,000 new residents.