Donnybrook

Victorian developer Moremac has sold 300 lots at their Donnybrook estate, Kinbrook in the first six months of 2021.

It represented a record number across its&nbsp;Victorian portfolio, highlighting unprecedented demand for greenfield spaces.

Located in Melbourne&rsquo;s north, Kinbrook&rsquo;s highest selling month this year was&nbsp;April.

It saw two lots purchased per day on average, at a time when the Home Builder stimulus package had wrapped up and as new home sales halved across Australia.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate, and second home options within the southern Lavender Rain pocket.

Lots within Lavender Rain are larger in size - ranging in size between 350 and 643 square metres.

[smartcode_project:default project_id=24745]

Nalin Sharma purchased his first block of land at Kinbrook in May - with more space, high connectivity and true value for money attracting him to the area.

Working in sales and travelling frequently across Victoria including Geelong, Dandenong and Melbourne CBD, Nalin said that access to the freeway was a primary consideration for the decision to buy in Kinbrook.

&ldquo;Other developments were positioned further back into the suburb, but the land we&rsquo;ve purchased is 200 metres from Donnybrook Rd which leads onto the freeway in minutes,&rdquo; said Nalin.

&ldquo;We were also really impressed with the estate&rsquo;s masterplan and vision for what&rsquo;s to come, including open spaces and parks at the back of the estate and upcoming schools.&rdquo; &ldquo;We have a two-year-old son, so by the time he is enrolled, we will have plenty of options in walking distance for him to go to,&rdquo; he said.

Kinbrook is set to commence work on a community park in the coming weeks, with public primary and secondary schools due within the next 18 months.

Meanwhile Mirvac is seeing sales at its recent masterplanned community at Donnybrook, its 465-hectare Olivine estate.

Olivine already has 200 plus residents, across 85 homes, with 11,000 residents once completed. For a time last year around 70% of sales were to first home buyers.

The 465-hectare Olivine community will comprise in excess of 4,000 lots with 120-hectares of land dedicated to open space and conservation.

Olivine is set to get a 9ha sporting precinct including dog park and skate park, Hayes Hill State Government primary school and a future local town centre featuring 10,000 sqm of retail and 5,500 sqm of commercial space anchored by a town plaza.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate

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Donnybrook, Kinbrook sees 300 housing lot sales in 2021

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Potter George Group achieved record sales volume at its outer Melbourne residential projects over the Christmas period.

The group sold 67 lots across its Trijena and Kerani Heights (pictured above) projects in Melbourne’s northern growth corridor.

“Our sales were constantly solid throughout the year, capped off with a particularly strong December with Trijena selling 50 lots for the month and Kerani achieving 17 sales,’’ said project manager Scott Payten.

It took sales in Trijena to just over 400 of the 624 available lots.

“Enquiry has been highly encouraging for the start of 2021 and we look forward to building on this strong momentum,’’ Mr Payten said.

Trijena is located 33km from the CBD and close to train stations at Craigieburn and Donnybrook.

The $175 million project comprises 624 lots in total, surrounded by shopping and medical centres, schools, colleges and a host of sporting and leisure centres either underway or in planning.

Restricted to 200 easy-building homesites in a range of sizes, Kerani Heights is located in the new suburb of Fraser Rise which is adjacent to Caroline Springs.

The project is a short drive from established amenities including, Watergardens Shopping Centre and Central Shopping Centre both at Caroline Springs, schools and colleges, medical centres, national parks and public transport options.
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The group sold 67 lots across its Trijena and Kerani Heights projects in Melbourne’s northern growth corridor

Potter George Group secure record sales volume in outer Melbourne over Christmas break

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Stockland has spent about $105 million for a house and land site in the Donnybrook precinct in Melbourne’s north.
Stockland chief executive of communities, Andrew Whitson, said the acquisition extended the company’s long-term presence in the northern growth corridor of Melbourne, one of the fastest expanding in Australia.
“The northern corridor will play a key role in the future economic and employment growth of Melbourne, and is expected to be home to over 260,000 people over the next 30 years.”
<a href="https://www.bigginscottland.com.au/975-donnybrook-road-vic-donnybrook-4998958/" target="_blank">It is an 89.5 hectare land parcel </a>one kilometre east of the train station, some 30 kilometres from the Melbourne CBD.
Stockland could expect about 1400 new homes, along with a school.
It is within the approved Donnybrook Woodstock Precinct structure plan.
Some of Australia’s largest developers including Mirvac, Stockland, Satterley &amp; Dennis family have nearby holdings.
The 975 Donnybrook Road holding is about five kms from Stockland's 1100 hectare Lockerbie sheep station, Kalkallo purchase in 2010 which is now emerging as Cloverton, Melbourne’s largest master-planned community, set to have 11,000 dwellings.
 
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Stockland spend $105 million on Donnybrook house and land site

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The private residential land developer Satterley has acquired another 68 hectares in Donnybrook, 50 kilometres north of Melbourne CBD for $34 million.
It will be another house and land project for the BRW rich lister Nigel Satterley, following the sale of its project, Riverstone at Plenty River in Doreen, also in Melbourne's north. 
Donnybrook will consist of about 1000 lots with a variety of residential housing products including land, house and land, and townhouses.
It will be available for sale in 2018.  
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"There is still good demand for housing in Melbourne and land is becoming scarce," he said.
The Donnybrook purchase is Satterley's eighth landholding in Melbourne. 
Other residential communities include: Coburg Hill, Coburg; Riverstone at Plenty River, Doreen; True North, Greenvale; Springtime at Mickleham, Mickleham; Arcadia, Officer; Upper Point Cook, Point Cook; and Habitat on Davis Creek, Tarneit. 
 
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