The Waterford Rise shortlisted for two 2020 UDIA Awards
The Waterford Rise housing estate in Warragul has been shortlisted for two major awards by the UDIA – best Masterplanned Development and best Residential Development 250+ Lots.
Projects entered in the Masterplanned Development category must have a coherent design, with a relevant range of facilities within the development and must be large enough to generate a sense of community.
The 1,250 lot Waterford Rise on the urban fringe of Warragul offers all that and more, with metropolitan quality features and facilities including six parks offering more than 25 hectares of open space.
Waterford Rise Estate Manager Glenn Sanford said the estate was designed more than a decade ago to provide an integrated residential environment that would create a sense of community and appeal to a range of homebuyers proud to call it home.
He said Waterford Rise had been under construction for 8 years and has been Warragul’s leading estate over the journey, with 965 lots sold to date, 734 houses constructed and being home to around 1,850 residents.
“The attention to detail at Waterford Rise sets it apart and extends to the planting of mature trees in every Stage as well as thousands of trees, shrubs and native plants installed for environmental restructuring,” Mr. Sanford said.
The site-wide landscape design by Beveridge Williams has been beautifully implemented by Flemings group and others to create an integrated design featuring a wide range of native flora that extends from the street trees to the 25 hectares of parks and waterways.
The quality design of Waterford Rise has attracted a wide range of local and Melbourne buyers and sales are booming.
Sales are up 25% in the 12 months to October 2020 vs 2019 and for the first time in several years each Stage release is selling out within weeks of release.
Sixty percent of buyers come from metro Melbourne’s SE suburbs such as Officer, Clyde North, Narre Warren and Pakenham but this is expected to rise in the next 12-18 months as the corona virus continues to drive higher levels of sale.
Around 50% of the residents in Waterford Rise are families with 30% couple and 20% singles with 60% of buyers 25-50.
“Amazingly, 30% of buyers come from recommendations from residents in the estate who recognise the location, affordability and lifestyle as the key reasons to move to Warragul,” he said.
For further information call Ann Maree Clarke of selling agents Oliver Hume Real Estate on 1300 737 094 of visit the Sales Centre at 2 Willandra Circuit, Warragul.