Albury | News

Sales Success As Albury Downsizers Snap Up Homes

As the demand for more affordable homes in regional areas soars, downsizers have snapped up 70 percent of stage one at Ingenia Lifestyle Albury, with stage two now fast-tracked to meet the growing demand for regional lifestyle living.

The number of people aged over 65 years making the move to areas outside of capital cities, like Albury, has grown by 60 percent between 2010 and 2015[1], prompting Ingenia Lifestyle to also launch its First Choice Club, to provide interested downsizers a chance to reserve their desired home within the new stage.

Project Sales Manager, Megan Collins said prospective buyers could register their interest as a part of the First Choice Club to reserve their ideal home in the stage two release.

“The community’s popularity among downsizers, from both the local region and those seeking a tree change is on the rise, and our First Choice Club has seen more than 30 percent of homes already reserved,” Ms Collins said.

“Our most popular home, the Hibiscus sold out before it even hit the ground, with three bedrooms and one bathroom, it is one of our most versatile homes.

“Many residents are converting the spare bedrooms into a study and guest bedroom, providing the flexibility and space similar to their large family home.

“Our clients are looking for quality, yet affordable living options, not only to take advantage of the benefits of downsizing, but the opportunity to live in a like-minded community, and our community here in Albury ticks all of the boxes.”

Brand new homes are available from just $189,000 for a one bedroom home and there is a range of two and three bedroom floor plan designs all featuring modern entertainers kitchens, open plan living and dining areas with integrated outdoor space.

Ingenia Communities Chief Operating Officer Nikki Fisher said the demand for Ingenia Lifestyle Albury was at a time when many Australian seniors are facing the issue of downsizing while the majority of their wealth is still tied up in the family home.

“Our model is unique in that buyers purchase a new, architecturally-designed manufactured home and lease, rather than own, the land which eliminates the need to pay stamp duty,” Ms Fisher said.

“This ensures a much more affordable entry price point and means new residents are often able to free up a substantial amount of equity raised in the sale of their previous home.”

Ingenia Lifestyle residents are experiencing first-hand the benefits of downsizing to maximise a more active lifestyle, with land lease communities offering a variety of other financial benefits, such as no entry or exit fees, which contributes to more money in their pockets.

For more information use the contact form below or call Megan Collins on 0459 955 122 or visit the sales office at 508 Wagga Road, Lavington.

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