A leading land lease community operator has brought forward the release of 19 Central Coast waterfront homes in response to the increased interest in regional and coastal areas in the post-COVID environment.
Ingenia Lifestyle has released the homes at its Sunnylake Shores community alongside Lake Munmorah at Halekulani on the NSW Central Coast.
“Between 2011 and 2016, nearly 70,000 Sydney residents migrated to regional areas, making it one of only three Australian capital cities to experience a net loss of population during this time,” said Ingenia Communities Regional Development Manager New South Wales Owen Burnie.
“This trend has only escalated since COVID-19.
“This regional population shift has created significant demand for affordable retirement options, which is why we’ve released these homes ahead of schedule.”
The lakefront homes were originally planned to be released to the market after July 2021, but this event has now been brought forward by at least six months.
The homes start from $550,000, with two designs available. The first design is a 119 square metre two-bedroom home with a study, alfresco area, garage and boat storage. The second is a 102 square metre home with a front porch, alfresco area and a garage.
The waterfront homes are now due to be completed by mid-2021.
Waterfront property close to Sydney
Retirees Keith and Vicky Walker have always planned to retire to a waterfront home but had concerns around the financial viability of this type of lifestyle, and worried how far they might have to relocate to find options within budget.
“Usually when people move to a waterfront property for retirement, they have to relocate a fair distance from their family home, leaving behind family and friends – that was something we didn’t want to do,” said Mrs Walker.
“When we found Sunnylake Shores, we were so excited to find an affordable option in our area, especially as it means we can continue to easily visit friends and family.
“Being able to achieve our retirement goal of living waterfront while remaining so close to our loved ones will make letting go of our family-home that much easier.
“We’ve been in our current home for about 21 years, it’s where our children and grandchildren have grown up – so being able to stay in this area and secure waterfront views was a major attraction for us.”
Prior to being purchased by Ingenia in mid-2020, Sunnylake Shores was a privately owned ‘mixed use’ park including permanent homes and some annual van sites and annexes.
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