Demand for homes in Clyde North continues to go grow, with Mirvac reporting a four-fold increase in lot sales compared to the same period last financial year at its 268-hectare Smiths Lane community.
Leading the charge are owner-occupiers who made up approximately 70 percent of purchasers since the project launched, with young families drawn to the opportunity to secure their place in the South East.
Mirvac Head of Residential Development, Stuart Penklis said the new acquisitions respond to the continued demand for homes in the area and will cater to the growing owner-occupier market.
“We are confident in the ongoing strength of the greenfield market and the evolution of Clyde North,” Mr Penklis said. “Increasing the size of our land holding at Smiths Lane will help to meet demand and provide additional amenity and increased living options for residents and the growing local community.
“Mirvac’s focus on quality, care and attention to every detail continues to drive demand and customer loyalty at Smiths Lane.”
Mirvac has added 70 hectares to its Smiths Lane land holding, as enquiries from young families increased.
Many buyers are seeking larger family homes to support the ongoing shift towards spending more time at home.
The expansion will make Smiths Lane one of the largest landholdings within the South East growth corridor, with over 3000 lots now slated for the community which is expected to home approximately 7500 residents once complete.
Future residents will have access to extensive community amenities, as well as education and employment opportunities, including the highly anticipated Clyde Grammar school.
Construction of Smiths Lane is already underway with the first residents recently moving in.
The Smiths Lane Display Village will open progressively later this year, with the launch of the Smiths Lane Hub, café and community centre planned for early 2022.
For more information or to register your interest, please visit smithslane.mirvac.com