More new homes on the way for Melbourne’s booming west

 Artist impression

Melbourne-based SAW Constructions has been appointed to build 86 new homes in the next stage of the popular LUMA residential development in Sunshine North.

Set to deliver around 300 new energy-efficient homes to meet increasing demand for quality housing options in Melbourne’s fast-growing west, SAW Constructions is already delivering homes in stages 1 and 2.

Around 765 jobs are expected to be created across these stages and more jobs to come in stage 3. 

Sales are also now underway for the first release of homes in stage 2 of LUMA, with just a 2.5% deposit required upfront to secure a home in the popular new community and a further 2.5% deposit required six months after signing a contract, with no progress payments required during construction. 

A key feature of stage 2 is the Priority Access program, which offers those on incomes eligible for affordable housing a chance to buy homes in each release before they’re made available to the public. 

There has been strong interest from prospective buyers already, with purchasers from stage 1 referring friends and family to purchase in stage 2. 

Penny Forrest, Development Victoria’s Group Head Housing, said the LUMA is creating more housing opportunities to meet growing demand in the west, where people can buy their own home, close to transport, jobs, schools and services.

“The affordable initiatives on offer, such as the low upfront deposit means buying a house is more accessible to those whose dream it is to own a home,” said Forrest.

Located on the former City West Water site along St Albans Road, LUMA Sunshine North is being delivered by Development Victoria, the Victorian Government’s property developer, and is conveniently located close to existing jobs, schools, transport, and hospitals. 

Once complete, the 300 new homes at LUMA will be energy efficient with solar panels and battery storage. The homes will also be surrounded by green spaces, including a new local park covering an expansive 3,600 square metres and open to the public.

These townhouse opportunities are in addition to the hundreds of homes already delivered by Development Victoria at residential developments across the western suburbs of Melbourne over the past ten years.