Visionary new community coming to Wallan

  • Category Projects
  • Date 30.03.2021

Core Projects are set to help launch a landmark new masterplanned community in Wallan.  St Hilaire is the largest single landholding to go under development in the Wallan South PSP – comprising 80% of the total area.

The project will become home to 18,000 residents and will be comprised of over 6,000 residential lots. This new community is set to provide $1B worth of economic activity in the next 20 years.

Developed by local developer and landowners, Crystal Group – is headed up by sisters’ Lisa Belokozovski and Celina Mott. Drawing on their overseas experiences the Crystal Group are looking to deliver a new benchmark in masterplan community and have procured a team of industry leaders to help achieve this.

CO – CEO Nicki Hay states “We are really excited to be working with such a visionary developer partner who isn’t afraid to do things differently.  With the future residents of St. Hilaire at the centre of decision making and a high degree of thought placed into every detail,  St. Hilaire is poised to become a leading community in the north

As Melbourne’s Northern fringe extends, demand for this region is not slowing. New parcels of land are continuing to become available, and the scope for new communities is continuing. One of the positives of the pandemic has been the ability for people to work from home more easily which continues to add fuel to the already strong performance of the outer suburban ring.

Recent statistics on the performance of the region include:

  • The last 6 months in the North has seen a 80.7% increase in total sales, the last 6 month had 3088 sales, previous to that it was 1708 sales.
  • The Gross sales for Feb was 88% higher than the last 12 month average, with 725 sales in Feb 21, and the 12 month average being 385 sales.
  • Median Sold Price: $316,500
  • Median Size: 392m2

About Core Projects

Formed in 2015 as the result of a merger between two of Melbourne’s longest-standing and respected land sales and project marketing businesses, Core Projects is a driving force in Victoria’s broad acre and greenfield land market.

Core Projects’ have sold in excess of $1,285,170,857 worth of land in 4 years, comprised of 4,362 blocks to future home owners. The business is passionate about working with visionary and like minded developers – keen to challenge the status quo. This is all undertaken with a “people and positive impact” focused approach.

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