Prime Geelong real estate selling quickly at Gen Fyansford
Geelong’s most renowned premium estate, Gen Fyansford, proudly launched its new Stage 3.1 – a release in early September comprising 24 lots. Within the first five hours, an impressive six lots were quickly snatched up.
This is evidence of the flock of buyers all vying for a prized spot in the prestigious Gen Fyansford community.
As of December, majority of the 24 lots within Stage 3.1A have sold with as little as 11 remaining.
To keep up with buyer demand, Gen Fyansford released an additional 20 lots with Stage 3.1B in late November. Over the course of only a few days, seven lots sold, with very limited stock remaining.
This is a true testimony to the unbeatable value and lifestyle on offer with Gen Fyansford’s Stage 3.1 lots.
Gen Fyansford’s Stage 3.1 has been highly sought after due to the unrivalled location, unique surroundings on offer, conventional lot shapes, and affordable prices. Varying from 350sqm-720sqm and $310,000 – $485,000, all Stage 3.1 lots are perfect for conventional home building.
As Geelong’s most in-demand premium estate, Gen Fyansford’s previous stages averaged significantly higher price points. Most recently, in July, Gen Fyansford’s Pinnacle Stage 6.2 sold lots between $358,000-$858,000, with its predecessor Pinnacle Stage 6.1 landing sale prices of $857,000 and $900,000 at auction in 2018.
Since its inception in 2014, the Gen Fyansford estate has developed a strong track record of outperforming competitor stock on market and consistently achieved higher sales prices than other estates in the area.
For years, interested purchasers eagerly awaited a more price friendly entry point into the Gen Fyansford estate. Quickly pouncing on the exclusive opportunity Stage 3.1 lots offered.
With the Stage 3.1 lots, Gen Fyansford has created a rare opportunity for purchasers to build their dream home in a well-established community situated in an unbeatable location with access to Geelong’s best schools, restaurants, shops, and recreational escapes.
Conveniently located directly next to the new Gen Fyansford park (on schedule to be completed in the first quarter of 2021) and a short work to the Moorabool River, all lots within Stage 3.1 offer an abundance of healthy outdoor activities for residents to enjoy.
The affordable Stage 3.1 lots are a convenient 10-minute drive to Geelong’s city centre including the waterfront, Deaki
n University, Little Malop Street, cosmopolitan Pakington Street, and Geelong West shopping strip and eateries. The lots also have immediate access to the Geelong Ring Road, allowing a 55-minute drive to Melbourne’s CBD.
“Since the project’s early beginnings, we’ve had inquiries about the release of quarry lots with Stages 3.1 and 3.2. This area will be home to majority of the estate’s houses and is an appealing location for many first home buyers, couples, and young families. Due to pricing, proximity to parks, playgrounds, Geelong’s CBD, neighbourhood schools, clubs, and recreational centres. We are extremely excited to finally be launching these highly requested lots,” Gen Fyansford sales agent Brett Thompson, said.
A small number of Stage 3.1 lots designed to include a small amount of slope also offer the added bonus of enjoying panoramic aerial views from your home. These exclusive sloping lots look out over the rest of the Gen Fyansford estate, the Moorabool River, the future park, the old quarry rock walls and future reserves surrounding the area. This creates a special opportunity for purchasers to have their home architecturally designed to include multiple levels, all offering outstanding views and natural lighting.
Those looking to purchase within Gen Fyansford’s coming Stage 3.1 will benefit from the estate’s already widely existing host of amenities. Including the adventure playground and park, barbecue facilities and bicycle and walking paths. Surrounding Gen Fyansford, recreational escapes are plentiful including the Barwon and Moorabool Rivers, Monier Bridge, and Old Fyansford Paper Mills hike. The estate’s future town centre will also offer immediate commercial amenities such as a grocery store and other specialised retail shops.
Now home to more than 450 residents, the population of Gen Fyansford is set to increase to 950 residents by the end of 2021, with the overall project expected to be completed in 2024 totalling 1,200 lots and a commercial town centre.