The new precinct within the Elara community will offer high quality, affordable homes, which will have particular appeal to first home buyers looking to get into the rising Sydney property market.
Azure will include 176 architect-designed one, two, three and four bedroom homes situated close to the future sporting grounds, St Luke’s K-12 Catholic School and proposed neighbourhood shopping centre at Elara.
The off-the-plan sales process received a strong response from homebuyers with more than 85 per cent of Azure town homes already sold.
The remaining town homes will be priced from $399,000 for a one bedroom with garage to $664,000 for a three bedroom with double garage and $739,000 for a four bedroom, double garage, freestanding home. All two bedroom townhomes have now been sold.
Nationally, Stockland sells approximately 50 per cent of its residential lots and completed homes to first home buyers. Stockland is positioning its town home developments as its strategy to improve housing affordability in Australia’s major capital cities.
