- A new masterplan community in NSW is attracting much interest
- 85 lots sold in just four hours on Saturday
- The on site event followed the initial virtual event which sold 58 lots
A masterplan community in NSW’s Southern Highlands has generated considerable interest, with 85 lots selling in just four hours at a public event on Saturday, equating to sales collectively worth over $40 million
Notably, 35 of the lots sold in just 30 minutes
Aoyuan International’s Ashbourne Moss Vale attracted buyers mostly from the nearby capitals of Sydney and Canberra, both of which are within two hours. The weekend’s event followed an online launch in August which generated 58 land lot sales.
Aoyuan International’s President and Director, Adrian Liaw, said the event exceeded his expectation.
“Our team had expected significant interest in our land release this past weekend.
Since Sydney came out of lockdown, we knew there had been a lot of pent-up demand for regional land, but we were still impressed by the turnout,”
Aoyuan International’s President and Director, Adrian Liaw
The project is a flagship master planned community for the investment group Aoyuan International.
By 2023, Ashbourne’s first stage is planned for completion. However, by 2027 a total of about 1200 homes are anticipated to be built.
With over a quarter of the Ashbourne site dedicated to green space and recreational areas, buyers are likely to be attracted by the lifestyle on offer.
“Ashbourne ticks so many boxes for a diverse range of buyers including local upgraders and those who want to leave the hustle and bustle of the city – whether they be empty nesters or young families drawn to the amazing lifestyle options available in the Southern Highlands,” Mr Liaw said.
Mr Liaw believes the block sizes have been a drawcard for buyers with blocks offering an average of 640sqm.
“With wide open spaces and a slower pace of life now top priority for many buyers, it’s no surprise that Ashbourne has been so popular,” he said.