It's a most extraordinary piece of land.
- Hopkins Heights project manager Tom Lindsey
Hundreds of parcels of land in one of Warrnambool's most prestigious locations are up for grabs.
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Three estates on Hopkins Point Road are in various stages of development and the lots are being snapped up fast.
Hopkins Heights, which comprises 420 lots and is owned by the Pausewang family, has not yet hit the market but a number of lots have already been sold.
Project manager Tom Lindsey said Hopkins Heights, on the north side of the road, would boast a range of features that would make it a community in itself, including a number of public parks, bicycle and walking tracks, a village centre and coffee/wine bar.
"It's a most extraordinary piece of land," Mr Lindsey said.
The lots vary in size from 450-square metres to more than 2000-square metres.
Mr Lindsey said there would be 102 lots released in stages one and two, which are set to go on the market in later this month.
Views of Hopkins River and Lady Bay can be seen from a number of blocks.
Harris and Wood real estate agent Matthew Wood said the housing development boasted both sea and river views, a rare offering in Warrnambool.
"The views are quite spectacular," Mr Wood.
"There are views of the Hopkins River and views into Lady Bay itself."
Mr Lindsey said the varying lot sizes aimed to make it inclusive for everybody.
"Our intention was to price it in such a way that there will be a wide range of pricing and types of blocks," he said.
In addition to that the development works are being carried out by local service providers.
Logans Beach Coastal Village, which is also a development managed owned by the Pausewang family, has attracted significant interest.
It comprises 100 lots, with 75 already snapped up.
Mr Lindsey said a high number of the blocks boasted sea views and demand for land in the estate was high.
"People recognised it was such a fantastic housing estate," Mr Lindsey said.
Plenty of options for buyers
Hopkins Ridge Estate, which also boasts ocean and river views, is also attracting a lot of interest.
Development manager Sam Stevens, of Land In Warrnambool, said 53 of the 78 lots had been sold.
He said a number of blocks offered spectacular views from every angle.
Mr Stevens said there was high demand for the land.
"Our development and the one across the road are probably the first available residential land on Hopkins Point Road for a long time," he said.
All 28 blocks in stage one, which were sized between 1000 and 2000-square metres, have sold.
One block in stage two, which offered lot sizes of between 600 and 800-square metres, remains available, while there are 14 blocks available in stage three.
"We've got four remaining along the river," he said.
Mr Stevens, who is also overseeing two other housing developments in Warrnambool, said there was demand for property in all areas of the city.
Land is being snapped up at a fast pace at Wollaston Way Estate, with 100 of the 248 lots sold.
"There's been strong interest," Mr Stevens said.
He said the family-friendly appeal of the estate had resulted in a high level interest.
"We always expected it would be popular with the playground and open space and area down to the river," Mr Stevens said.
Northern Edge Estate on Wangoom Road is also selling well, according to Mr Stevens.
It has 480 lots, with 35 in the first stage.
"We've sold about 22, maybe 23 lots in the first stage."
Mr Stevens said the high-level of interest in all three showed property was in demand right across Warrnambool.
Interest from local and metropolitan buyers
Another development which is attracting interest from both locals and metropolitan buyers is Riverland Estate.
Developer Clayton Harrington said there had been a high number of inquiries about lots on the development, which is located on the corner of Caramut and Wollaston roads.
Mr Harrington said he was taking daily inquiries about the 164-lot development, which boasts views of the Hopkins River.
"The amount of interest and the response we've had for Riverland Estate has been fantastic," Mr Harrington said.
"People are obviously willing to invest in Warrnambool."
Mr Harrington said there were only four or five lots remaining in stage one.
He said interest had increased following news Warrnambool had been named most liveable city.
"We've promoted that through our website and Facebook page and had quite a response to that," Mr Harrington said.
Limited options at south Warrnambool estate
The $10 million housing development next to Warrnambool's golf course has also attracted substantial interest.
Ludeman Real Estate director Mark Dwyer said only three of the 48 lots remained.
Mr Dwyer said interest in the land exceeded expectations. The development is a joint venture between the golf club, developers and Robert and Robin Coffey.
Grants helping with sales
Bill Welsh, one of the developers behind Dennington's Merri Views estate, said they were nearing the half-way mark of their 113-lot project which first went onto the market in late 2017.
"We're up to stage four, which most of it has sold, and we're moving on to stage 5," he said.
He said they were up to 62 lots in the estate opposite the Dennington school with the next stage taking it to 74 lots.
"It's well progressed. There's a lot of homes in there, a few display homes.
"It hasn't been a difficult market to sell in lately, so it's been really good."
Mr Welsh said the The North Dennington Housing Affordability Program, which offered grants of up to $20,000, helped kick off the project in the first few stages.
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