First home buyers drive One Deanside house and land development to sell-out

The Melbourne developer PSP Property Group has secured a sell-out at its One Deanside house and land development in Melbourne's west.

Some 70 per cent of the estate was snapped up in the first week of launching back in November 2021, with entry level owner-occupiers making up the bulk of the purchasers.

Comprising 130 lots ranging from 300 sqm to 350 sqm across nearly two hectares of land, construction for One Deanside has now commenced, with the promise of a tree-lined, family focussed community 32km from the Melbourne CBD.

Aerial view of the masterplanned, One Deanside, located West of the Melbourne CBD. Image supplied. 

The estate’s relative affordability and position within the Deanside growth corridor has been a major attraction to many first home buyers.

With an on-site early learning centre as well as two proposed government and private schools within walking distance, PSP Property Group Director of Sales & Marketing, John McCann said that the amenity in One Deanside and surrounds gives residents all they need within one close-knit community.

“We’ve been overwhelmed by the sheer demand for the project, having had 90 per cent of the project secured within the first ten weeks of launching last year,” said John.

“One Deanside has attracted a buyer profile of first home buyers, young families and executives who are seeking to enter the market to raise their families in an intimate neighbourhood, and who are capitalising on a product that represents true value for money.

“The community enjoys walking trails, bushland, the neighbouring vantages of Kororoit Creek and plenty of wide-open space, meaning the dream of a home nestled within nature has been realised for many young buyers.”

PSP Property Group's project located at 1 Deanside Drive, Deanside. Image supplied. 

One Deanside is located 1.5-kilometres from the Western Freeway and close by to the future Outer Metropolitan Ring Road, a 100-kilometres-long high-speed transport link for people and freight in Melbourne’s north and west.

“It’s a highly accessible area with plenty of investment that is seeing the West meet its true potential at a rapid rate.

"The community is located right next to the train station, and with access to the freeway in just minutes it has proved to be an asset for those who want to remain connected while enjoying being tucked away from the hustle and bustle of the CBD.”

One Deanside is due for completion in early 2023.