MELBOURNE DISPLAY HOME UPDATE
The Rendition Group has been operating in Melbourne under the Affordable Family Homes banner for approximately 12 months.
This first year has been focused on learning about the local marketplace in terms of customers and their new home needs and wants, so that we are positioned exactly where we need to be as we move forward with designing and building our own new display homes. We currently have two display homes, one at Lyndarum North, located at Wollert under the developer AVJennings and one at Harpley, which is at Werribee under the developer Lendlease. We have a team of three sales consultants who alternate between the two display homes.
We are also in the process of purchasing two new lots in each village so that we can expand our range to have four new affordable home designs on display to our customers by late 2019/early 2020.
Even though the short-term focus has been on learning and developing, we have also been relatively successful with our sales volumes and to date have sold 36 new homes in Melbourne.
Melbourne is clearly going to be an important part of the Group’s future success.