News from The Cape, upcoming release of final stage very close!

Final stage construction and landscaping are nearly complete and we will look to release lots to the market on 1st September, the first day of spring, with interested buyers having the ability to walk across the release with completed landscape at that time.

Following on from the rapid sell-out of the previous stage, where 65 lots sold in a few months, our civil and landscape contractors are completing the last 42 lots at The Cape, including a variety of homesites with views over waterways and new wetlands, as well as the long awaited home sites on Weathertop Crest. We call these final lots our “unicorn homesites” because they are so exceedingly rare on the Victorian coast, and they are a bit magical, with uninterrupted expansive views across Bass Strait. From Weathertop Crest you can see Cape Woolamai to the west and Wilson’s Promontory to the east.

Our team are also in the process of completing and planting significant areas of wetlands and waterways in final stage, as well as new sections of walking and cycling paths and new parks. Stand by for the release of the last lots in the estate coming soon.

The Cape in the media – saving money, energy and carbon emissions.

The Cape was featured recently in the Australian Financial Review who shone a light on the significant annual cost savings being achieved at The Cape where homes are averaging 8 star energy efficiency (a national first), have efficient all electric fit-out, solar power and provision for electric vehicle charging. This combination allows our residents to eliminate gas and petrol bills, slash electricity bills and save over $5000 per annum. The Cape currently has around 26% electric vehicle uptake compared to Australia’s national average of well under 1% uptake of electric vehicles.

Modelling performed by energy efficiency expert Richard Keech indicates that if all homes added an EV to their efficient gas free solar powered homes, savings across the community could exceed $1 million per annum compared to a conventional community with 6 star gas electric homes and petrol cars, as well as around 3400 tonnes of CO2 per annum. $1 million per annum savings across 230 homes is highly significant and is a good news story showing Australian households grappling with the current cost of living crisis and communities can move to a net zero future quickly and save a lot of money in the process.