Development Victoria is delivering on its commitment to provide affordable housing and community spaces in Melbourne’s south-east with the first of 200 new homes ready for residents to move in, and a new one-acre community park now complete.
All homes are affordable for moderate income families, increasing the supply of homes to suit various budgets in this fast-growing suburb.
Built by Sienna Homes, Olio Officer will deliver a range of two, three and four-bedroom townhouses close to a future town centre and community spaces.
As part of Stage 1 Olio, a new community park has been created in the centre of the new development. Built by Melbourne-based contractor Super Gardens, Olio Park is designed to become a focal point for the community featuring a playground, a sheltered barbeque and kickabout area.
The open space is one of the many features attracting people to Olio, including the newly revitalised Gum Scrub Creek. Development Victoria was instrumental in the rejuvenation of the creek, delivering an environment that supports the regeneration of local wildlife and plant species.
Sales for Phase 2 of Olio commenced earlier this year, with homes in Collection 6 now available. The current Priority Access period that is exclusively for Moderate Income Earners runs until Saturday 11 November, at which point remaining homes will be made available to the general public.
Further sales releases are planned for later this year and early next year - with each new release including an exclusive Priority Access period to help Moderate Income Earners get access to new homes.
All homes in Stage 2 are 7-star energy rated, all-electric and have been designed to maximise energy efficiency through a range of standard sustainable inclusions. These include double glazed/laminated windows (depending on design and location), 3kW solar PV systems and heat pump hot water services.
This means they’ll require less energy to heat and cool, reducing residents’ carbon footprints and energy bills.
Development Victoria’s Group Head of Housing Penny Forrest said: “This project underlines our commitment to increase housing supply and affordability to support sustainable growth in Melbourne’s south-east.
Olio provides a fantastic opportunity for moderate income families and first home buyers to purchase an energy-efficient home in an emerging suburb, with convenient access to open space, schools, public transport and a wide range of future services.
Updated on 02 November 2023