Media Release

15 October 2008

First Home Buyers Grant Boost Cuts House and Land Packages

The developers of a prestigious drought proof housing estate in the south east of Melbourne said the announcement of the tripling of the first home buyers grant to $21,000 will see new house and land packages on the project sell for around $299,000.

Links Living said with the first 36 lots coming on to the market within the next four weeks, and the big boost in the first home buyers grant, the construction schedule for the project has been brought forward by at least twelve months.

Trudi Kerr of Oliver Hume, said the tripling of the first home buyers grant will put the lifestyle project clearly within the reach of first home buyers, winding back the clock around ten years on prices for such a prestige location that is drought proof and comes with a green guarantee.

"With land prices starting at around $165,000 and house and land packages being available from around $299,000, Sandarra provides a range of quality, affordable housing options."

Ms Kerr said the Government initiative provides an exceptional opportunity to enter the housing market at a very competitive price into a project which has a guaranteed supply of water at a time when Victoria is facing a dramatic drop in rainfall with the continuing drought.

"Prospective buyers have commented on the provision of recycled water on Sandarra which will enable them to quickly establish their gardens and add instant value to their properties." .

People wanting further information about the first land release at Sandarra should call Oliver Hume on 9684 8144 or visit www.sandarra.com.au

Media Enquiries:
Ron Smith Corporate Media Communications Sandarra Mobile: 0417 329 201