Kingsfield Among Most Affordable Suburbs to Purchase in Victoria

Moremac Property Group’s (Moremac) Kingsfield development located in Melbourne’s northwest suburbs, is among some of the most affordable locations to purchase as revealed by Oliver Hume.

Date

31.10.2024

Author

Moremac Property Group

Research from Oliver Hume listed the most affordable suburbs where purchasers are securing land with Sunbury, the home of Kingsfield, listed at fifth with an average price of $894 per square metre.

The research found that over 60% of first home buyers are targeting properties around $550,000 or less, with suburbs around 45 minutes from Melbourne’s CBD proving the most appealing thanks to their affordability.

Kingsfield’s location on the edge of the established suburb of Sunbury makes it an affordable and effective entry into the property market for purchasers seeking land in Melbourne’s outer suburbs.

With established parkland and further amenity to be added, Kingsfield offers the ideal balance between tranquil living with the added convenience of existing retail and services across the road in Sunbury.

The development’s sustainability features including ample open space, roads built from Reconophalt (recycled print cartridges, plastics and glass) and unique sustainability fund to be driven by residents has given an added benefit for buyers.

“To date, Kingsfield’s location on the doorstep of Sunbury has been a key selling point for purchasers in the development,” said Lachlan Moore, Sales & Marketing Director at Moremac.

“We’re finding customers are willing to explore further out from the centre of Melbourne seeking affordable and suitably sized land, Kingsfield’s emphasis on sustainability has been an added bonus.

“The way people are working from hybrid locations these days has made the decision to purchase in suburbs like Sunbury and still work in the city a simple one.”

Kingsfield is now selling, for more information, visit www.kingsfieldsunbury.com.au

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