The Allan Labor Government is getting on with delivering much-needed housing in the growing west, where the construction of 86 homes in Stage 1 of its LUMA residential development has surpassed 60% complete.
Melbourne based SAW Constructions is delivering the first two stages of the development, with construction on 85 homes in Stage 2 also now underway.
With a focus on energy efficiency, homes in Stage 2 will be 'all-electric' with a range of sustainable features as standard to achieve a minimum 7-star energy rating, including solar PV systems with battery storage, double glazed windows, and heat pump hot water services.
Works are underway on Willowbark Reserve, a 3,600 square metre park that is set to become a key feature of the new development that offers the surrounding community more open green spaces to enjoy.
Incorporating existing trees within the area, Willowbark Reserve will feature a fully equipped children's playground, sheltered BBQ facilities, a picnic area and open spaces for recreational activities.
The Labor Government is investing approximately $200 million in LUMA over the life of the project, creating around 765 jobs during the construction of Stages 1 and 2, with additional employment opportunities in Stage 3.
Just a 2.5% deposit is required upfront to secure a home in Stage 2, and a further 2.5% deposit six months after signing a contract, with no progress payments required during construction - meaning buying a house is more accessible to a wider range of incomes.
As stated by Minister for Development Victoria Colin Brooks
"We're unlocking surplus government land to deliver more homes to accommodate future growth in Melbourne's booming western suburbs - close to jobs, transport and services."
"We're making home ownership more accessible to more Victorians by opening the door to a broader range of income levels to enter the property market."
As stated by local member for St Albans Natalie Suleyman
"The west is proudly growing, and LUMA is creating a welcoming neighbourhood that will provide more homes and open space for everyone to enjoy."
