	{"id":92258,"date":"2023-10-07T04:47:41","date_gmt":"2023-10-06T17:47:41","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/mcivortimes\/?p=92258"},"modified":"2023-10-05T01:41:27","modified_gmt":"2023-10-04T14:41:27","slug":"happiness-crucial-to-home-buyers","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/mcivortimes\/real-estate\/happiness-crucial-to-home-buyers\/","title":{"rendered":"Happiness crucial to home buyers"},"content":{"rendered":"<p>PRICES, land supply, interest rates and FOMO might be grinding the property market\u2019s gears right now but another factor again is colouring sentiment as a growing number of discerning buyers seek more social bang for the buck.<\/p>\n<p>A spokesperson for developer Villawood Properties said that factor is happiness.<\/p>\n<p>Yes, that elusive life goal. Turns out Millennials, even Boomers, are pursuing it with a will in the new \u2018burbs.<\/p>\n<p>And that happiness is not just about prices, house size or design, even amenity for that matter. It\u2019s about people, other people, neighbours, friends, kids, and their playmates.<\/p>\n<p>People to socialise with, to share and grow up or old with, people who\u2019ll have your back when it matters.<\/p>\n<p>Villawood boss Rory Costelloe said people need people, especially in new greenfield projects where they arrive knowing no-one but anxious to be part of a safe, and happy, community.<\/p>\n<p>\u201cYou don\u2019t want to come to a new place and not know who your neighbours are and live a sad life,\u201d he said.<\/p>\n<p>\u201cHappiness is the key to the whole thing and you want to be in a healthy happy community.<\/p>\n<p>\u201cWhether you go to Tarneit, Wollert, down to Geelong, or Bendigo or Ballarat, wherever, people are coming from somewhere else to live in a brand-new community.<\/p>\n<p>\u201cThey don\u2019t know who their neighbours are going to be, they\u2019ve never met these people before, and they really want to meet people.\u201d<\/p>\n<p>Villawood aims to take a multi-layered approach to the issue, starting with a high proportion of owner-occupiers in its projects, actively steering away from investors.<\/p>\n<p>\u201cWe try to have 70 per cent owner-occupiers,\u201d said Mr Costelloe.<\/p>\n<p>\u201cYou know your neighbour\u2019s going to be there for a long time, you\u2019ll be able to talk to them, share a cup of sugar and just know each other, Your kids can grow up together over a long period of time.\u201d<\/p>\n<p>Part of the push to create a sense of community are Villawood\u2019s signature clubs, exclusive resort-style hubs with cafes, pools, gyms, function venues, family spaces, sport courts, barbecues, community gardens.<\/p>\n<figure id=\"attachment_92261\" aria-describedby=\"caption-attachment-92261\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-92261\" src=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/25\/2023\/10\/Happiness-Villawood--300x173.png\" alt=\"\" width=\"300\" height=\"173\" srcset=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/25\/2023\/10\/Happiness-Villawood--300x173.png 300w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/25\/2023\/10\/Happiness-Villawood--768x442.png 768w, https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/25\/2023\/10\/Happiness-Villawood-.png 956w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-92261\" class=\"wp-caption-text\">Happiness is the key to the whole thing when you move to a new community, and you want to be in a healthy happy community.<\/figcaption><\/figure>\n<p>\u201cIn the old days, the local focal point was the local church,\u201d said Mr Costelloe, who grew up in regional Bendigo, the son of a policeman and teacher.<\/p>\n<p>\u201cThat was your bonding place to meet families and all get together and whether you\u2019re religious or not is not so relevant.<\/p>\n<p>\u201cThe church was just the place where people came gather and met each other in a friendly and safe environment.<\/p>\n<p>\u201cThat doesn\u2019t happen so much anymore, particularly with traditional Australians.\u201d<\/p>\n<p>In some of Villawood\u2019s newer communities the developer is building churches and temples, so that sense of community building is still happening.<\/p>\n<p>But for those who are not religious, Villawood have created their clubs where they have pools, gyms, and community centres and parents\u2019 lounges and so on.<\/p>\n<p>Mr Costelloe said that these clubs form real melting pots, new community bonds.<\/p>\n<p>\u201cPeople come along and form new swimming groups, playgroups, walking groups, reading groups, tennis groups, gym groups,\u201d he said.<\/p>\n<p>\u201cIf you have a common interest, you can meet through their Facebook groups.<\/p>\n<p>\u201cEveryone forms these new little communities and it works really well because people just really want to come in and make new friends.\u201d<\/p>\n<p>Villawood also provides land-price discounts for care workers, once again looking to consolidate the attributes brought to the community table by the likes of nurses, teachers, paramedics, police, personal carers, and health workers.<\/p>\n<p>\u201cOur job is to create that real sense of community,\u201d said Mr Costelloe.<\/p>\n<p>\u201cOnce buyers have chosen where they want to live, from the masterplan, from the precinct structure plan of the whole area, that\u2019s where Villawood\u2019s MO kicks in.<\/p>\n<p>\u201cIn so many ways, it\u2019s ticking the boxes of common sense, in property, as often seems the case, common sense isn\u2019t always that common.<\/p>\n<p>\u201cPeople are social animals; they need to interact with others and I think that\u2019s the key secret to what we do.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRICES, land supply, interest rates and FOMO might be grinding the property market\u2019s gears right now but another factor again is colouring sentiment as a growing number of discerning buyers seek more social bang for the buck. A spokesperson for developer Villawood Properties said that factor is happiness. Yes, that elusive life goal. Turns out [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/mcivortimes\/real-estate\/happiness-crucial-to-home-buyers\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":29,"featured_media":92259,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[29],"tags":[],"post_folder":[],"class_list":["post-92258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Happiness crucial to home buyers - McIvor Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/mcivortimes\/real-estate\/happiness-crucial-to-home-buyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Happiness crucial to home buyers - McIvor Times\" \/>\n<meta property=\"og:description\" content=\"PRICES, land supply, interest rates and FOMO might be grinding the property market\u2019s gears right now but another factor again is colouring sentiment as a growing number of discerning buyers seek more social bang for the buck. 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