Freemans Ridge
Carnes Hill, NSW
DEVELOPER
Ingham Property Group
Builder
Western Earth Moving
Launch
2009
Completion
2020
The CLIENT
Ingham Property Group is a private, family-owned development company with a portfolio of significant landholdings across New South Wales, Queensland, and Western Australia.
Agile and responsive to rapidly evolving market dynamics, they have a comprehensive strategy to unlock the full value potential of each asset, leveraging their current pipeline to become one of Australia’s leading property developers.
Land Lots
0
Site Size (ha)
0
THE BACKGROUND
Woodhill began working on Freemans Ridge in 2005, undertaking market reviews, builder activity and product to ensure the masterplan was what the market wanted. In 2009, we commenced our sales campaign which spanned the following nine years.
THE CHALLENGE
To keep the required pace of sale requested by the board over an extensive period of time.
THE RESULT
We formed strong business relationships with 13 builders, and installed a 29-home display village.
Lot sales increased markedly over the years. Mostly 450sqm (15m x 30m) in size, the first release sold at $265,000 per lot. By the tenth year, the last lot was sold at an average price of $700,000.
Cascadia
Berry Lane