The vision for the Merrifield, Mickleham, development has proved attractive for first and second-home buyers.
Desperate property seekers have slept in their cars to avoid missing out on the final release of land for the year in Mickleham’s popular Merrifield development.
The available 20 lots ranging from $155,000 to $269,500 sold out within an hour as a majority mix of first and second-home buyers woke early from their makeshift camps to ink deals before Christmas.
Merrifield Project Director Matthew Planner said buyers were doing everything they could to get a foot on the property ladder in Melbourne’s affordable northern growth corridor.
“Merrifield remains the highest selling new project in the northern growth corridor,” he said.
“Clearly, our purchasers are impressed by not only the vision we have for Merrifield, but the quality of what we are already delivering on the ground.
“With these unprecedented levels of demand and strong capital growth in the land prices, they simply do not want to miss out.”
Merrifield’s next release of more than 50 lots up to 658sq m will be launched in February.