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LUMA Sunshine North, the perfect choice for first home buyers – secure your dream home with a 5% deposit in August!

Market Insights
4 years ago
4 minutes

Purchasing your new home at LUMA is more affordable than ever. Buyers can now take advantage of paying only a 5% deposit across all townhomes for the month of August! 

In addition to this, eligible first home buyers who qualify for the State Government's First Home Owners Grant (FHOG) can purchase their first home with repayments as little as $442 per week*. 

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With Melbourne's West booming, Sunshine North is set to attract many new buyers and residents thanks to steady population growth, excellent transport links, proven capital growth rates and strong rental demand.

With 10 year capital growth rates in Sunshine North higher than some of Melbourne's premium inner-city suburbs, it is easy to see why purchasing your new home at LUMA Sunshine North is a sound investment in your future.

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Inspired by Development Victoria’s vision to create a neighbourhood of open and linked green spaces, LUMA Sunshine North is a master-planned community of homes just 16km from the Melbourne CBD. 

Comprising a range of 1, 2, 3 and 4 bedroom townhouses offering a wide range of smart floorplans, LUMA has been designed to ensure the best possible quality of life for every resident. LUMA’s Urban and Tempo homes are now selling, and have been architecturally designed to cater to busy lifestyles and modern family life.

LUMA has been designed to embrace sustainable living, setting a new benchmark for sustainable residential developments in Australia. Development Victoria understands the desire of property owners to maintain a positive impact on their environment and within their community, and LUMA allows them to do so through its environmentally friendly approach. 

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Every home has solar panels and battery storage to help reduce the carbon footprint of each residence, as well as the energy bills. LUMA’s large local park spans 3,600sqm, creating a welcoming green space to bring the community together – featuring a sheltered BBQ area perfect for spending time with friends and family or entertaining guests, a well-designed children’s playground and a peaceful picnic area. 

Development Victoria is committed to revitalising urban spaces in order to meet the needs of the community, and thoughtfully selected the site for LUMA thanks to its close proximity to both Ginifer train station and Albion train station, as well as Sunshine’s vibrant shopping and precinct.

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The beautiful Maribyrnong river runs through Sunshine North, providing a number of tranquil outdoor spaces for locals and visitors to enjoy. Thompson Street Reserve is the ideal spot to take a stroll and connect with nature, giving LUMA residents access to a healthy, happy lifestyle. 

Thanks to the array of on-site amenity and connection to local parks and community facilities, Townhouses at LUMA Sunshine North inspire healthier living. Thanks to the super-low repayments and achievable 5% deposit for the month of August, LUMA is a great opportunity for first home buyers, young families and a range of other buyers. 

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With easy access to the very best of Melbourne’s increasingly sought-after inner-west, LUMA Sunshine North is an incredible real estate opportunity. 2 bedroom townhouses are available from $549,000^ – making LUMA an achievable property opportunity for a range of buyers.

Make the most of the 5% deposit offer while it is available for the month of August! 

Click here to find out more about LUMA Sunshine North. 

 

 

 

*This is an illustrative mortgage repayment amount only based on a purchase of Luma’s IKON home design for $549,000 and the applicant having a deposit of $27,450, obtaining a $511,550 loan and being eligible for the State Government's First Home Owners Grant (FHOG) of $10,000. The illustrative home loan repayment amount is based on principal and interest repayments over a loan term of 30 years with a variable interest rate of 2.09% p.a. (fees excluded) and a comparison rate of 3.77% p.a. Repayments are based on an annual figure then divided by 52 weeks. Speak to a participating bank about eligibility, applicable interest rates and fees and terms and conditions. Lending criteria applies. Visit www.sro.vic.gov.au/first-home-owner for further details and eligibility criteria regarding the FHOG. Applicants should seek independent financial and legal advice before making any decision. Fees and charges are estimates and should be confirmed by banks' formal letter of offer. The variable interest rate offered by your bank, and therefore your weekly repayments, will vary over the life of the loan. Oliver Hume Home Loans ABN 89 629 560 596. Credit Representative of BLSSA Pty Ltd ABN 69 117 651 760 (Credit Licence Number 391237). Credit Representative Number 514538. The information shown is current as at 04/08/2020

^Subject to availability.