Buying a home at Coomoora is easy thanks to Development Victoria
Development Victoria is making it easier for buyers to get a foot in the door in its latest residential development, Coomoora in Springvale South.
With just a 10 per cent deposit, buyers can purchase a home at Coomoora, located in Melbourne’s established south-east, and there’s nothing more to pay until settlement.
You simply need to choose a floorplan that suits you and any upgrades, sign a fixed price contract and the rest is taken care of by Development Victoria.
With no progress payments required buyers can continue saving whilst their townhome is being constructed.
A limited number of two, three and four-bedroom townhomes remain at Coomoora, with the final release coming soon.
Development Victoria also has a special offer available where you can secure a two-bedroom home at Coomoora with just a five per cent deposit. This is ideal for first home buyers wanting to enter the property market.
These modern townhouses are also built with a range of sustainable inclusions as standard, meaning homes require less energy to heat and cool, minimising running costs and enhancing occupant comfort while also reducing the home's environmental impact.
The homes achieve a 6.5 Star NatHERS rating, along with featuring heat pump hot water and minimum 3.5KW solar PV systems.
Double glazed windows help to minimise external noise and the sealed air gap between the two panes acts as an added layer of insulation, reducing heat loss in winter, keeping the homes at a more comfortable temperature, while heat pump water systems are in place, utilising heat from the surrounding air to reduce energy usage.
EV charger provisions are also in place across all homes, while residents will also be able to monitor energy usage with an energy monitoring system.
Through best practice design and construction, investment in innovation, and partnerships with industry leaders, Development Victoria aims to create places with a strong legacy. It’s about doing everything they can today, for a more sustainable tomorrow. This means that their homes need to be comfortable, resilient, affordable and healthy to live in.
A range of Government grants are also on offer for buyers in Victoria, including the Victorian Homebuyer Fund, First Home Owner Grants and Stamp Duty Concessions.
The Victorian Homebuyer Fund allows buyers with a five per cent deposit saved to buy their home receive up to a 25 per cent contribution of the purchase price, in exchange for an equivalent share in the property.
The $10,000 First Home Owner Grant can also be utilised on townhomes at Coomoora, for homes valued at $750,000 or less, while the government will also remove stamp duty payments for homes valued under $600,000. Eligibility criteria applies to all Victorian Government grants.
