Sekisui House Australia's Melrose Park North attracts first home buyers in record numbers
First home buyers have been drawn to Sekisui House Australia's ambitious $5 billion Melrose Park North development in Sydney's northwest.
Over 1,000 apartments have already sold in the 30-hectare community which will becomes its own mini suburb with around 5,000 homes, a town centre with retail and commercial tenancies, and expansive parklands.
Rhys Morgan, of Boston Project, who has been selling the project since its inception, expressed his enthusiasm about the appeal of Melrose Park North to first home buyers.
Around 60 per cent of the 1,000 sales have gone to first home buyers.
He emphasised that the latest stage, Melrose Park Village, caters to the evolving needs of young professionals, with features such as business workspaces, wellness facilities, and a generous internal private park.
"For young buyers looking to work from home more into the future, the latest stage, Melrose Park Village, has it all," Morgan said.
"There is a lot of strength in the apartment market, with limited stock, and many people, including first home buyers, still struggling to get into the market. Melrose Park Village offers an excellent option."
The project was launched with the award-winning One Melrose during a downturn in the apartment property market in 2017.
Since then, Melrose Park North has consistently garnered positive feedback from buyers, such as offering well-priced apartments with high-quality fit-outs and build, as well as for being a good investment options, with major government projects underway, and for its public transport connections and extensive recreational facilities and new Town Centre.
Sekisui House Australia's CEO for Apartment and Mixed-Use Developments, Hide Seguchi, expressed his delight at the overwhelming success of the project.
"One thousand apartments sold is a remarkable result
"This project really does epitomise the Sekisui House philosophy of building a well-designed and finished apartment but also a happy and healthy place to live."
Seguchi highlighted the large internal park as a standout feature of the latest stage, which unsurprisingly has been attracting strong sales from various buyers.
