Why pay more than $2000 per square metre for a small vacant block in a suburb of Canberra when you could secure a super-sized, undulating parcel of land with rural views for as little as $399 per square metre just 30 minutes from the city?
Bungendore’s newest development, Elm Grove Estate, features sprawling lifestyle blocks where families can make the most of the country setting without sacrificing city amenities.
With a selection of flat or elevated blocks ranging in size from 850 square metres to a huge 2500 square metres, Elm Grove is the ideal destination for Canberra families wanting to upsize and build their forever home.
Elm Grove Estate Pty Ltd Project Director Duane Brinkmeyer says this is an opportunity for families to sell their current Canberra home and build their brand new dream home with all the bells and whistles.
“Many Canberrans don’t realise what’s on offer here,” he said.
“People who own their home in the ACT can sell up, buy a block of land and build a huge five or six-bedroom house with plenty of space for teenagers, guests or extended family.
“The blocks are big enough for a pool, veggie gardens and alfresco entertaining areas – everything a modern family could need.”
Duane says Canberrans can pay less for a block of land in Elm Grove, leaving more money to spend on building their new home.
“The blocks of land are very affordable compared to similar-sized blocks in the region,” he said.
“In nearby subdivisions, people are paying $1200 to $1500 per square metre for vacant land, and in Canberra’s new subdivisions, they’re paying more than $2000 per square metre – it’s outrageous.
“It’s quite sad that people are paying so much more and getting so little in return.”
Duane’s family has been developing community subdivisions throughout Canberra and surrounds, including at Gordon, Conder, Amaroo, Palmerston, Royalla, Bungendore and Jerrabomberra, for more than 35 years.
“Our philosophy has always been to provide the best affordability for family-sized blocks,” he said.
“ACT developers are calling 400 to 500 square metres of land a family-size block – it’s not. Anything smaller than a quarter acre is not ideal for a growing family.
“People want room to move and have space for the kids to play in the backyard. They can be proud to bring friends over to enjoy their large new home, pool and trampoline.”
Duane says Elm Grove is perfect for couples or families keen to build a quality home surrounded by other stylish properties in the leafy estate with walkways, recreation areas and views north to Lake George and south to Namadgi and the Monaro.
With fewer building restrictions than in the ACT and the lots situated on freehold land, there’s no time limit on crafting the perfect property to suit your family for the long term.
“Whether you want to upgrade your lifestyle right now or build your forever home in a few years, Elm Grove Estate is your ideal development,” Duane said.
Buyers can also take advantage of the additional house and land packages on offer with the option of choosing their own builder or one of the Canberra region’s most experienced new-home building companies.
Bungendore is a thriving township, with the Queanbeyan Palerang Regional Council adopting a high-growth plan for the region.
“There are quite wonderful things happening in Bungendore,” Duane said.
“Elm Grove is just one piece of the puzzle – we have the new high school, state-of-the-art ambulance station and the multi-million-dollar sports hub and aquatic centre underway.
“It’s a wonderful place to raise a family, and the growing population will also attract new businesses and better services, as we have seen at Jerrabomberra.”
The first stage of the estate is completed with houses going up, and stage 2A is well underway, with blocks expected to be registered and ready to build on by August this year.
Blocks in Elm Grove Estate start at $548,500 and on-site inspections can be booked by calling 6238 0111 or emailing firstname.lastname@example.org. A tour of Bungendore township can also be arranged.