Welcome to the settlement journey blog for Edithvale Place, Edithvale.
 
We’re Property Settlement Solutions and we’ve been appointed by Metro Property Development to assist you in your settlement journey.  We will assist in areas such as co-ordinating access for bank valuations, booking your pre-settlement inspection, key collection after settlement and general enquiries.
 
You can think of us as your settlement concierge; we’re here to help however we can and point you in the right direction with your enquiries.
 
You’ll hear from us a bit during your settlement journey, and this is page is where updates will be posted. Below we’ll be sharing construction updates & photos, as well as posts letting you know when valuations and purchaser inspections are available. Please also check out our Settlement Guide or our Settlement FAQ for helpful tips to assist you with a smooth settlement.
 
For your journey Katrina Hope will be your settlement co-ordinator. Please feel free to get in touch with her if you have any questions. Katrina’s contact details are located at the bottom of this page.
 
 

SETTLEMENT SNAPSHOT

VALUATIONS

Open

PURCHASER INSPECTIONS

Anticipated Mid-September

OCCUPANCY CERTIFICATE

Anticipated Mid- September

TITLES

Issued for all lots

CALL FOR SETTLEMENT

Lots 1-13 Anticipated for Late September

LATEST SETTLEMENT UPDATES

Late August 2024 | Timing Update

Please note that the Edithvale Place site is a working construction site with no access to purchasers unless they are attending a pre settlement inspection. Please do not arrive onsite unless previously arranged.

Unfortunately the Builders have been delayed by a number of supply issues.

Occupancy is now anticipated for the Middle of September with inspections to follow shortly after with settlements anticipated towards the end of the month. 

August 2024 | Construction & Settlement Update

Please note that the Edithvale Place site is a working construction site with no access to purchasers unless they are attending a pre settlement inspection. Please do not arrive onsite unless previously arranged.

 

Work is continuing at a steady pace at Edithvale Place however the wet weather has slowed progress down externally.

Metro have been told by the Builder Creation that the homes fronting Station St are anticipated to achieve Occupancy Permits in late August, so not long now!

Ordinarily this would trigger settlement and there would be 14 days from OP until settlement, but Metro are conscious that there is a lot to do in the front of these homes following scaffold dismantling this week.

Metro will trigger settlement when the fronts are sufficiently complete and they will know as the month goes on if this will coincide with Occupancy Permits of not.

Once OPs are achieved, Metro will be able to facilitate early settlements for those that want/need it. 

For those interested in early settlements this would be with the understanding that there may be some outstanding front landscape works.

June 2024 | Construction Update

Work is continuing at a steady pace at Edithvale Place.

Lots 14-26 With purchaser inspections nearly complete the builders are working  through the defects lists with the aim to rectify as many pre settlement defects prior to settlement as possible. Settlement has  been called and is due on the 1st July. Keys can be collected onsite on Monday 1st July between 330pm and 430pm.

Lots 1-13 Works are continuing on these homes.  Anticipated settlement for these lots is Mid-Late August 2024.

May 2024 | Construction Update

Work is continuing at a steady pace at Edithvale Place.

Lots 27-38 The final touches are being put on these homes with purchaser Inspections to occur week beginning 20th May. Please note there may be landscaping works continuing right up until settlement. Settlement is anticipated to be called any day with settlement to occur before the end of May.

Lots 14-26 These homes are moving along with flooring scheduled to beginning installation next week.Valuations are anticipated to begin  late next week or early the week after. We will send you an email once your home is ready for valuation. Anticipated settlement for these lots is Late June.

Lots 1-13 Works are progressing in these homes.  Anticipated settlement for these lots is  Late July 2024.

 

April 2024 | Construction Update

Work is continuing at a steady pace at Edithvale Place.

Lots 27-38 All upper scaffold has been removed. Lower scaffold will be removed once aircon condenser installation is complete. Kitchens and bathrooms are installed with flooring ongoing. Fit off to commence soon. Anticipated settlement Late May 2024.

Lots 14-26 Internal and external painting nearing completion. Scaffold is scheduled to be removed by end of April. Carports are progressing with plaster lining and painting scheduled for late April. Flooring and Fit off booked for May. Settlement for these lots is anticipated for Late  June 2024.

Lots 1-13 Cladding almost complete. Balcony and rooftop tanking complete with tiling to follow. Plaster complete in double stories, with triple stories to commence later in April.  Anticipated settlement for these lots is  Late July 2024.

New photos below.

March 2024 | Construction Update

Work is continuing at a steady pace at Edithvale Place.

Lots 27-38 Kitchen Joinery  installation is complete with benchtops and tiling to follow. Painting will commence in the coming weeks. Settlement is anticipated from Late May 2024. 

Lots 14-26 Waterproofing in the bathrooms is complete with kitchen joinery installation in some townhouses underway. Framing for the garages has also begun.Settlement for these lots is anticipated for June 2024.

Lots 1-13  Framing is underway.  Anticipated settlement for these lots is  July 2024.

Please see some photos from site below.

Port Finance - Your Finance Recommendation

In 2001 Port Finance was established to provide residential and investment home loans in Australia.  We have worked with some of Australia’s best known property developers to help clients when purchasing ‘off the plan’ as well as providing finance for many international and overseas buyers.

With a strong long-term relationship with Metro Property Development and the recommended finance broker for their  developments, including the  Edithvale Place project. Port Finance can offer clients products from over 30 lenders including high profile institutions and boutique lenders.

Port Finance continues to satisfy their clients with a well rounded and complete financial service.

Contact the team for a no obligation review of any of your financial needs:

E: krysty@portfinance.com.au

T: 03 9006 4703

Important Settlement Information/ Owners Corporation

Your Owners Corporation is called The Knight.

Their contact details are contained in the document found here

This document also contains important move in procedure details, plus how to connect utilities and what insurances are required for your townhouses.

This document is found here

Please contact them directly with any questions you may have about this document.

CONSTRUCTION PHOTOS

SETTLEMENT JOURNEY STAGES

CONSIDER FINANCE OPTIONS

At about 3-4 months before settlement you should start to narrow down what financial options you have to settle.

Will you settle by cash, get a home loan, or maybe a combination?

Should you choose to finance with a loan, we recommend you appoint a broker to assist you with your applications.

VALUATIONS BEGIN

We'll let you know once your apartment is ready bank valuations will be available, usually there are required as part of your loan application.

For purchasers bringing money into Australia, make sure you have set up an Australian bank account and begin transferring your money.

PURCHASER INSPECTIONS

At this point construction on your new home is almost complete. We will send you an invite to conduct your pre-settlement inspection.

Any defects picked up in your inspection, will be noted and passed to the builder to begin addressing.

PRE-SETTLEMENT PERIOD

Once your inspection is complete the next stage is to wait for the Occupancy Permit and Titles to be issued so settlement can be called.

Your finance, either cash transfer or Bank loan, should be finalised and ready for settlement.

During this time the builder will continue to address any defects where possible.

SETTLEMENT DAY

Once settlement is called your conveyancer will assist you in preparing for your settlement.

Make sure your loan has been finalised and your cash is ready.

Once your settlement is complete the keys to your new home will be available to collect.

POST SETTLEMENT

Your settlement has been finalised.

We'll pass on details of the move in process and helpful information so you can get ready for your new home.

Your dedicated Owners corporation/ building manager will now be your point of contact & assist you with settling in to your new home.

SETTLEMENT RESOURCES

YOUR SETTLEMENT CO-ORDINATOR

Katrina Hope
Senior Project Manager

katrina@settlement-solutions.com.au 
+61 493 098 241

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