Ecco Ripley new land release to meet buyer demand

Date: 31 July 2020

Ecco Ripley new land release to meet buyer demand

Sekisui House Australia has brought forward the launch of its fifth land release in Ecco Ripley’s Lighthaven neighbourhood, in line with increasing buyer demand off the back of the Federal Government’s $25,000 HomeBuilder grant.

Since the grant was announced on 4 June, Ecco Ripley has experienced a 275 per cent growth in sales when compared to the same time last year, with enquiries also increasing by close to 30 per cent.

Now with the Lighthaven land release ahead of schedule, Sekisui House Project Director Taku Hashimoto expects demand to remain strong thanks to the government stimulus.

“When the HomeBuilder grant is combined with the Queensland First Home Owners’ Grant, buyers have the opportunity to access up to $40,000 towards their new home and this is driving additional sales growth,” Mr Hashimoto said.

“In June alone, close to 70% of our Ecco Ripley buyers took advantage of both grants, which has resulted in the accelerated fifth land release.

“We anticipate a quick turnover of this new land, being located in one of the most sought-after sites at Ecco Ripley with some blocks providing excellent views across the landscape towards Ripley Town Centre and the Flinders Ranges. The lots also have the added benefit of proximity to Pebbles Park and natural bushland.”

There are currently 33 lots available ranging from 264 to 692 square metres, with prices starting at just $172,000 and land registration expected by October this year.

Buyers have the opportunity to select from a range of Sekisui House Australia products — including house and land packages or ready-built homes, both with single and double storey, and three and four-bedroom options — or construct with a builder of choice.

Unique to Sekisui House Australia is its quick construction, with a guaranteed build time of 16 weeks on single-storey homes up to 250 square metres and 20 weeks on double-storey homes up to 280 square metres.

Turn-key inclusions on Sekisui House Australia homes include window and floor coverings, driveway, split-system air conditioning, COLORBOND roof and TRUECORE steel frame, as well as a 6.5kW solar panel system, free with a StoddartPAY agreement.

All Ecco Ripley homes are located no more than 200 metres from award-winning parks and facilities, including walking tracks, children’s playgrounds, multi-purpose courts, off-leash dog park, outdoor gym and sheltered barbecue areas. Ripley Town Centre is also nearby, offering a Coles supermarket, medical centre, Anytime Fitness, cafes, restaurants and community spaces.

“Our fifth land release forms part of Sekisui House Australia’s $2 billion masterplanned community and investment in the booming Ripley region.” Mr Hashimoto said.