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Deanside Masterplanned Community Set to Launch New Limited Release

January 13, 2025

Carolina by AVID Property Group (AVID) is launching an exclusive eight block land release on Saturday 2 November with a unique promotion aimed at first home buyers navigating the crowded Victorian market.

The Jubilant Release—which includes 350sqm to 392sqm blocks, all situated steps from the masterplanned community’s Grand Linear Reserve and future wetlands—is being pitched as an ideal choice for new purchasers.

AVID Victoria Acting General Manager Bruce Harper said the Jubilant Release is representative of increased buyer confidence.

“This is the first new release for Carolina in 10 months with the timing reflecting a renewed confidence and interest from first home buyers,” Mr Harper said.

According to data from the Australian Bureau of Statistics the number of new Victorian market entrants in the past 12 months has reached its highest levels since 20221.

“It’s great to see confidence is increasing and from my perspective now is a smart time to enter the Melbourne market.

“If you look at prices in Queensland they have well and truly overtaken Victoria, but in saying that, there’s nowhere for the Victorian market to go but up, so it’s a wise time to make your first purchase, especially with easier deposit options available.”

Carolina, which is 60% complete and currently home to over 1,000 residents, has a significant share of first home buyers, with 55% of purchasers falling into this demographic.

“A masterplanned community can be a great choice for young buyers because it’s close to public transport and other amenities, as well as greenspace for children and families to enjoy.

“With our AVID neighbourhoods you’re investing in an address that is purpose built to give you a sense of connection to everything while still focused on maintaining a community feel,” Mr Harper said.

Blocks in the Jubilant Release start from $385,000.

Discover The Jubilant Release by heading to our Now Selling page!

Reference: Australian Property Markets News.

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