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Friday, April 26, 2024

Over 7,400 registrations for 51 blocks of land at Ginninderry suburb

Over 7,400 people registered by ballot to purchase just 51 blocks in the second release of land in Ginninderry’s newest suburb, Macnamara, with successful buyers participating in block selection sessions last weekend, 25-26 June.

All blocks available in the Macnamara ballot were sold, including 31 House and Land Packages; 35 unique Brindabella View blocks are to be sold through online auctions in coming days, 2-14 July.

In response to the overwhelming demand for the latest ballot, Canberra Liberals leader Elizabeth Lee MLA has again called on the Labor-Greens Government to pull all the levers possible to address the ACT housing crisis.

“Through the Labor-Greens Government deliberately restricting the release of land in the ACT, Canberrans are not being provided the choice they deserve when it comes to housing,” Ms Lee said.

“Again, we see 7,400 people competing for just 51 blocks of land, which clearly indicates there is not enough being provided in the ACT.

“We know the government’s 70 per cent infill agenda is designed to push Canberrans into apartments, however, land release ballots over the last 12 months indicate that is not what the community wants.”

The auction blocks range from 450sqm to 1083sqm in size and include free front landscaping and construction waste management.

According to Ginninderry project director, Steve Harding, the release of the community’s second suburb, Macnamara, displays the strong demand from Canberrans for land.

“The most pleasing aspect of the result is that Ginninderry’s commitment to being Canberra’s most sustainable community is resonating with purchasers,” Mr Harding said.

“Not only will residents enjoy a community that fosters social and environmental sustainability, but economic sustainability as well with our mandate that all homes meet a minimum Energy Efficiency Rating (EER) of 7 stars – a mandate that will undoubtedly result in lower running costs.”

Ginninderry has maintained its minimum 7-star EER required for every home through solar access, glazing, and insulation, combined with home energy management systems, rainwater tanks, and solar panels and batteries.

The Valiveti family – Geetha, Syam, and their son – were fortunate to secure one of the blocks and said the attraction to the area was the sustainable-focused housing design requirements, and the ability to capture and use renewable energy.

“We’re very excited! We chose Ginninderry for the views – they’re amazing – and being close to nature,” they said.

The settlement of land in Macnamara is expected to occur between December 2023 and May 2024.

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