Wandi offers fresh look

THE design of the new display village for Honeywood Estate at Wandi is a noticeable departure from a more traditional approach to planning.

Focus is centred on making the village as pedestrian friendly as possible.

The display village will feature about 30 homes, all of which are within easy walking distance of the central sales office and a car park.

“The pedestrian-friendly village will ensure people do not have to drive from one side of the estate to the other to see the wide range of builders’ products displayed on different lot configurations,” Satterley Property Group’s manager of urban and built form, Max Pirone, said.

Mr Pirone said the Honeywood village would contain a diverse range of housing types and lot sizes.

Visitors can expect to find 400sqm cottage lots with 12.5m frontages, as well as super lots measuring more than 1000sqm with 25m frontages at the display village.

In a move to differentiate the Honeywood village from other display centres, cafe facilities will be provided to make the visit more enjoyable for prospective purchasers.

Many of the State’s best builders are already lined up to participate in the $850 million project at Honeywood.

Satterley Property Group chief executive Nigel Satterley said plans were made for 1700 lots and a total population of more than 5000.

In addition, areas have been allocated on the master plans for a school, first-class community and family amenities, retail and commercial services, and park and ride facilities at the proposed Wandi rail station.

About 25 per cent of the estate has been set aside for public open space, with at least 17 pocket parks.

Source  :  www.inmycommunity.com.au

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A Boost for the Housing Industry

The residential construction industry has been assisted by growth in the first time home-buyer activity along with the low interest rate.

Home builders are offering some competitive priced housing, and in the last few months things have started to pick up as we see with the display homes traffic which has increased by around 1000 more visitors a week compared to the same period last year.

With the growing concerns of the recession, some homebuyers are investing in the single storey home which is allowing them to lower their debt, rather than building the two storey home.

The Commercial developments throughout Perth have slowed down, but the ones with less financial risk attached to them are still going ahead.

What is happening is there is a  big demand for the first home buyer homes, therfore a lot of  houses being sold are at this price range therefore bringing down the median house price. 

There are also alternative financing options in WA such as the WA Governments Keystart Home Loans which has helped a lot of new home owners get on the property ladder.

Activity in the residential construction is providing  jobs at time when needed.

The first homebuyer’s stimulus is moving through two stages this year  :

From now until October 1, 2009  $21,000 on a house and land package, or a new house built that  has not been lived in.

$14,000 for an established home.

From October 1 until December 31, 2009 the boost will be lowered to  :

$14,000 for a house and land package, or a new built house that has not been lived in.

$10,500 for an established home.

From January 1, 2010 is to be confirmed.

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