Investing, Upsizing or Planning to Raise a Family? Why Olivia Ticks all the Boxes
We’re proud of the diversity of people forming the Olivia community. There are families, singles and investors planning to build from two-bedroom townhomes to five-bedroom family homes. One thing they all have in common is they want the ease and accessibility that a well-developed and master-planned estate delivers. Olivia offers a quality lifestyle in a beautiful estate close to shopping, community amenities and transport.
Are you raising your family?
Young families need space, nature and fresh air in a safe community. Imagine your children riding their bikes to and from school, going for walks with their friends and enjoying the space they have to kick a ball or play cricket.
Picnics in the park can be a Sunday family event. Olivia has 6.5 hectares of open spaces including a 4.5-hectare sporting ground and 2 hectares of landscaped parklands. An interactive feature park will be developed with a state-of-the-art inclusive playground for all ages and abilities. Loads of fun for the entire family!
Are you investing for the future?
Often there is a trade-off between investing in property with good capital growth versus a quality home in a new estate. However, in our experience, Olivia has provided its current purchasers with both capital growth and value for money since it was launched.
Truganina has seen a compound growth rate of 9.5% for houses and 6.5% per annum for units over the last five years.
“The reasons why we have purchased in the Olivia estate are because it is in very close to the future Westfield shopping centre, it is located between two train stations and also very important is that it is very close to the freeway entrance and exit. Olivia Estate is in a perfect location for any investor”. Khim – investor.
Are you upsizing to your dream home?
Your dream home is an affordable reality at Olivia. Our land lots accommodate from small townhomes to larger homes with inground pools. The community is diverse and people who have lived in Melbourne’s West for many years are arriving at Olivia to take advantage of the space, amenities, community vibe and accessibility.
“My family is looking forward to moving here to start a new chapter. We’re upsizing and building a larger home with more room, a larger backyard and a swimming pool.
We’ve lived in and built other houses in the area but we have never built our dream home. We’re planning for this to be our forever home. It’s ideal because we now have the larger block, a great community in a quality development and Olivia is close to everything.” Franca – mum of two teens.
Are you a first home buyer?
For the first home buyer, there are several incentives and initiatives to take advantage of. You can access over $35K of savings to put directly into your home build, giving you a head start in your first property investment.
Here’s a summary of the initiatives you may be eligible for*:
- The First Home Owner Grant provides a cash injection of $10,000,
- The HomeBuilder Grant offers $25,000 to people who sign a build contract before 31 December 2020,
- The First Home Loan Deposit Scheme (FHLDS) means you can get into the property market with just a 5% deposit – the government guaranteeing the loan and removing the need for buyers to take out Lenders Mortgage Insurance.
“We chose Olivia Estate because it has the perfect location and it’ll be a classy development”. Maybelline – first home buyer.
The City of Melton’s progressive plan
The City of Melton is committed to the development of a safe and socially connected community with a strong local economy. The population is expected to double over the next 20 years and the community is regularly invited to contribute to its future vision by expressing what sort of ideal community they want to live in. They call this initiative the “City We Imagine”.
Amazon Australia will be opening a new fulfilment centre in the City of Melton late in 2021, creating 300 ongoing jobs in the area and a significant boost to the local economy.
Invest in a boutique estate for quality of life and future prosperity
Stages 1, 2 and 11 at Olivia are fully sold and we recently celebrated our 200th house and land customer! We are now selling Stages 3, 13 and 14.
Whether you want a small townhome or a large family size home, there is a variety of homes and designs to suit your needs. Please contact our Estate Manager, Christian Taverna on 0422 871 939 to have an initial conversation and to find out more about upcoming exclusive land releases.
*Eligibility criteria apply for each grant.