New affordable lots released

March 18, 2021 BY

The G21 project aims to identify the digital skill deficit in the Geelong region.

Geelong’s premium estate, Gen Fyansford, releases limited release of affordable lots perfect for young couples and first home buyers.

Since its establishment in 2014, Gen Fyansford has quickly grown to become one of the Geelong region’s most premium estates.

The housing community’s popularity is due to its plethora of internal amenities on offer to residents including multiple parks, playgrounds, BBQ facilities, running, walking, and cycling tracks, water features, and expertly landscaped greenlands. As well as its unbeatable location, it offers convenient access to the area’s best schools, restaurants and cafes, outdoor escapes, and Geelong’s city centre.

Demand to live in Gen Fyansford has continued to grow as the estate has become more popular. Most recently in mid-February 2021, Gen Fyansford successfully sold all Stage 2A lots within a single week with eager buyers quickly snatching up all 11 lots and paying up to $619,000 for a chance to live within the highly sought-after estate.

Further evidencing Gen Fyansford’s growing desirability amongst homeowners is its impressive sales figures that have continually outperformed the region’s average price points. In 2018, Gen Fyansford’s Stage 6.1 Pinnacle lots located atop Herne Hill fetched an impressive $857,000 and $900,000 at auction. The following Stage 6.2 Pinnacle lots released in July 2020 similarly sold for up to $858,000.

For the growing waitlist of young couples and first home buyers who have steadily inquired about more price friendly entry points into the lust-worthy estate, Gen Fyansford’s Stage 3.2 release is the answer.

In March 2021, Gen Fyansford launched its newest Stage 3.2 release to market offering an exclusive 20 lots at affordable prices. Sized between 400sqm – 521sqm with a variety of frontages to appeal to all home builder needs, Stage 3.2 lots were designed in conventional shapes to ease the home building process for purchasers and affordably priced from $360,000 – $429,000.

Primely located directly opposite Gen Fyansford’s community park, all Stage 3.2 lots provide the luxury of outdoor space that many homebuyers have come to value during COVID-19. Perfectly situated to offer purchasers an active, balanced lifestyle with a focus on wellness.

Despite tough market conditions brought on by COVID-19, Gen Fyansford has continued to perform with positive sales results and provide continual boosts to Geelong’s real estate and homebuilding market through ongoing releases. A testimony to the estate’s strength and the reliability of its delivery team comprised of Australian developers ICD Property in joint venture with Thailand’s largest property developers, Supalai.

Currently home to more than 400 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 circa 1,200 lots and a commercial town centre.

Those wishing to live in the highly prized estate should visit the estate’s new Sales Centre located at 6 Dell Boulevard, Fyansford and open Saturday-Wednesday from 12pm to 5pm.