NEWS
Helping you navigate rate rises with real solutions
Construction Update February 2026
We are pleased to share the latest progress across the community, with multiple stages now underway.
Stages 20, 21 and 15B have officially commenced construction
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Stage 20 has completed bulk earthworks completed, with sewer and drainage works currently underway and continuing to progress
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Stage 21 has completed bulk earthworks completed, with sewer works underway and progressing well
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Stage 15B has completed bulk earthworks completed, with drainage works underway and continuing to advance
Toolern Creek
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Stripping and earthworks are currently underway and progressing on site
A Home You Can Own
Secure titled land with a low $2,000 deposit* and take the first step toward building your future today.
This summer, YourLand and Ello Lending are making land ownership more accessible across selected communities in Melbourne’s popular growth corridors.
Low $2,000 deposit* on titled land when you go through Ello Lending
Titled lots available now: choose your builder and start building sooner
A smarter way to get started, reducing the upfront hurdle so you can take the next step when you’re ready
Suitable whether you’re buying your first home, upgrading, investing or planning your next move
Getting into the property market doesn’t have to mean a large upfront commitment. This limited time offer helps you secure land you can afford and start planning a home that suits your lifestyle, sooner.
With titled land and trusted finance support, you can move forward with greater certainty and confidence.
Register your interest via the form below and one of our friendly team members will be in touch.
*Eligibility criteria and T&Cs apply. Offer ends 31 March 2026. Finance must be obtained through Ello Lending. For full details, click here.
Important information
Information provided is general in nature and does not constitute an offer of credit. All loan applications are subject to lender assessment, approval, and lending criteria, which may change without notice.
Fees, charges, and conditions apply. Fixed-rate loans may incur significant break costs if changed or repaid early. Cashback offers (if available) are subject to lender terms and conditions.
© 2026 Ello LC Pty Ltd ACN 662 742 645 | Australian Credit Representative 544008
Credit Representative of QED Credit Services Pty Ltd | Australian Credit Licence 387856
New year, new home: 2026 is shaping up to be the ideal year to build your future
New year, new home: 2026 is shaping up to be the ideal year to build your future
If you’ve been dreaming about a new home in 2026, you’re stepping into the market at an attractive time. Market conditions, affordability trends, and government support are aligning to make building new one of the smartest moves buyers can make this year.
Building new – the cost-effective choice
Across Australia, and particularly in Victoria, more homebuyers are turning away from overpriced, outdated established homes and choosing to build instead. Throughout 2025, many who searched for established properties often found themselves facing higher prices, smaller homes, and the likelihood of costly renovations.
By comparison, building new has reemerged as a value-driven and futureproof choice, especially in Melbourne’s outer-metro and growth area communities where space, modern living, and lifestyle remain priorities.
No expensive renovations or hidden costs
- Many established homes require significant work to meet modern standards, and renovation expenses often exceed the cost of building new.
- Building new provides clarity, transparency, and long-term cost efficiency, allowing you to invest every dollar into a home designed for today.
New homes reduce running costs
- New homes are more energy efficient, better insulated, and designed to minimise ongoing costs.
Improving market conditions
2026 is shaping up to be a more predictable and buyer-friendly year. According to The Australian Financial Review, Victoria is currently the cheapest state to build, with the median construction costing $385,390.
With construction pricing stabilising and more land supply returning to the market, the gap between buying established and building new has narrowed, giving buyers more confidence and value-driven choices in 2026.
Government grants & buyer concessions available in 2026
These incentives make building a new home even more achievable, especially if you’re a first home buyer*:
- A one-off $10,000 grant for eligible new homes valued up to $750,000, with regional buyers able to access up to $20,000 in certain areas.
Stamp duty exemptions & concessions
- Full exemption for first home buyers on properties up to $600,000, with concessional rates applying up to $750,000.
Off-the-Plan stamp duty concession
- Pay stamp duty on the land value only – a major saving for buyers of townhouses, units or apartments purchased before completion.
- Eligible buyers can build with just a 5% deposit and no LMI, removing one of the biggest barriers to entering the market.
- Under the new Help to Buy scheme, homebuyers can purchase with a 2% deposit with the government contributing up to 40% (for newly build homes) of the purchase price under a shared-equity model.
If you’d like support navigating finance options, YourLand’s mortgage broking service, Ello Lending Co. specialises in off-the-plan and construction loans and offers expert guidance with access to competitive rates.
Communities designed for living
When you build in a YourLand community, you’re choosing more than a home – you’re joining a thoughtfully planned neighbourhood. Our communities are designed to bring everyday essentials closer, with schools, parks, shopping, and public transport integrated into the local area.
Across Melbourne, YourLand communities are created with homebuyers in mind: great locations, considered design, and a balance of affordability and lifestyle. With our trusted builder partners, you can shape a home that reflects your style – from floorplans and facades to finishes and features.
Why Seventh Bend?
Only minutes from central Melton, Seventh Bend is a place where buyers can enjoy urban living in a natural setting. It’s where urban life meet park life. Close to open green space and existing amenity including Opalia Plaza and excellent education and healthcare options. View available lots here.
Star your new home journey in 2026
This year offers the perfect opportunity to build new: new beginnings, new opportunities, and a new place to call home.
If you’re ready to explore land or house and land options, our sales team is here to help.
Contact us on 0418 577 055 or email hello@seventhbend.attractor.solutions to take the next step.
*Government grants, concessions and schemes are subject to change. Eligibility criteria, income thresholds, property value caps and other conditions apply. This is general advice – buyers should check the latest requirements on official government websites, or speak with a qualified financial professional, as well as doing your own research before making any decisions.