STELLER SETTLES $232M WORTH OF DWELLINGS IN 45 DAYS

STELLER SETTLES $232M WORTH OF DWELLINGS IN 45 DAYS

Steller announced today that it has settled $232 million worth of residential dwellings across 10 projects in a month and a half.

More than 300 residences across 10 buildings have successfully settled, delivering a zero-default rate with all purchasers representing local buyers.

The calibre of the projects and diversity of options available demonstrates Melbourne’s unparalleled demand for boutique apartments and townhouses in suburbs where the median house prices are more than $1.5 million and young owner-occupiers are priced out of the traditional home market.

The latest settlements will add to Steller’s impressive residential portfolio that now sits at 45 completed developments and totals $1.4 billion across Melbourne’s south-eastern corridor.