When Latitude started at Underbank six years ago, one would have thought it impossible to see prices reaching $700,000 in such a short period
Underbank is well renowned in Bacchus Marsh for development quality and excellent masterplanning, which has now underpinned the achieved record-setting pricing.
Just two years ago, you could buy a 530m2 allotment for $232,000, and these are now $347,000 – an increase of 49%. Our 1,000m2 lots were selling for just $320,000. They have now achieved an astonishing $700,000 – an increase of almost 118.75%.
Larger lots and onerous building guidelines were an extremely ambitious direction to take when the project got underway. However, it has paid off ten-fold as purchasers bypass the suburbs of Plumpton, Rockbank and Melton to live in a premium project where their values will be protected by likewise people wanting to build a larger quality home.
When Latitude started at Underbank six years ago, one would have thought it impossible to see prices reaching $700,000 in such a short period. We are incredibly proud of what we have achieved at Underbank, and our companies’ directors regularly work out on site with me. Bob, James and George love taking clients out on our tours. One of our unique benefits when visiting Underbank is our exclusive estate tours in our 4X4; this is the best way to get off-road with our clients and show off this fantastic development. Thank you, Kataland, for allowing us to be part of the Underbank journey.
