The Lake Macquarie region will soon welcome a visionary new over 55s residential community, with slabs poured for the first homesites last week at Ingenia Lifestyle’s latest development in Morisset.
Development of the former Morisset Golf Course site follows news that Morisset is soon to expect a billion-dollar housing boom, reinforcing the region’s strong appeal for both local home buyers and those from further afield.
According to recent data, city dwellers continue to flock to the regions, with the Lake Macquarie region proving particularly popular over the last three months, reporting a 725 percent quarterly growth rate.
Ingenia Communities Head of Development - New South Wales and Victoria Michael Rabey said Ingenia’s investment in the area is recognition of all the region has to offer current and potential residents.
“The council expects population to more than double to 50,000 over the next decade. With a range of essential retail and services nearby as well as the close location of the motorway going North and South, and the beautiful Lake Macquarie a few short minutes away, it’s no surprise that people are looking at Morisset,” Mr Rabey said.
“Acknowledging the growth potential of Morisset, Ingenia wanted to create a neighbourhood that could grow with the region and which, over time, could ultimately become home to over 1,000 residents.
“We've spent many years listening to retirees across NSW, seeking feedback on what they want to see in a neighbourhood of this size.
“Our extensive community consultation, combined with Ingenia’s wealth of experience resulted in an incredible masterplan.
“The entire community has been thoughtfully planned, from the layout of streets and homes, additions of pocket parks, and an entire clubhouse dedicated to wellness. Careful urban design has been undertaken, opening up view lines and avoiding grid-like streets, and creating more casual places to catch-up with neighbours.
“Upon completion, residents will be able to enjoy numerous leisure facilities and spaces throughout the community, with placement of homes maximising natural corridors and views to the lake.”
Ingenia is not alone in recognising the appeal of Morisset, with the area already welcoming luxury restaurant 8 at Trinity, and Winarch’s Cedar Mill development.
“With the Cedar Mill development set to be completed in the next few years, future Ingenia residents will be able to enjoy being walking distance from a brand-new state of the art entertainment and leisure precinct,” Mr Rabey said.
“Residents will also be able to enjoy several premium onsite facilities in the new community, including three clubhouses, a microbrewery and a floating boardwalk designed around the community’s very own lake which will offer blue space views and afternoon breezes.”
Lake Macquarie Mayor Kay Fraser said she was looking forward to welcoming new residents to the area.
“I’m excited about the future of Morisset, and investment like this will help our city to grow and cater to current and future residents’ needs,” Cr Fraser said.
“There’s so much potential to unlock in Lake Mac’s south-west, and one of the most important first steps is to offer the homes and lifestyle that meet the needs of everyone in the community, including over-55s.”
The community is also well positioned near local public transport, with the Morisset train station in close proximity, offering residents an easy way to travel more widely whenever they desire.
About Ingenia Lifestyle
Ingenia Lifestyle was formed in 2013 by Ingenia Communities Group, a leading owner, operator and developer of quality affordable seniors’ housing communities in Australia. With its focus always on the resident, Ingenia is committed to providing a superior quality of life to senior Australians.
More than 6,500 Australian seniors currently call an Ingenia Lifestyle community home, across 29 locations in New South Wales, Queensland and Victoria. Our residents enjoy a lifestyle based on independence, wellbeing and active living.
The Ingenia Lifestyle model is unique in that buyers purchase a brand-new home and lease, rather than own, the land, offering a much more affordable entry price point and eliminating the need to pay stamp duty.