Corporate News

Villawood’s 7-star mandated Ecorevo precinct at its super water- and energy-efficient Aquarevo in Melbourne hit the market with its first lots snapped up by equally super-keen bidders at auction.

Nine News captured the excitement as the lots went under the hammer amid heated bidding, easily clearing reserve prices and placing some broad smiles on the faces of successful purchasers.

The new Ecorevo release will see 7-star energy efficiency and further bill-buster savings through a range of siting, size and orientation initiatives. The 24-lot Ecorevo precinct rounds out an extraordinary, and UDIA award-winning, collaboration between developer Villawood Properties and South East Water in the 470-lot project.

Ecorevo represents an important breakthrough in the evolution of more sustainable mainstream housing. It is even moreso for its ongoing collaboration with South East Water. The precinct offers effortless year-round comfort with homes designed to stay warmer in winter and cooler throughout summer’s extremes. Residents can breathe easy with gas-free appliances and temperature controls providing better air quality and health.

Savings garnered from the 7-star efficiencies also offer owners the opportunity to service their mortgage quicker and easier, or simply freeing up disposable income for holidays, school fees, retirement or entertainment.

Located on a decommissioned water purification plant, Aquarevo offers up to 70% drinking water savings and reduces CO2 by 1460 tonnes a year, the same as taking almost 300 cars off the road. Its solar systems also offer 60% energy saving on power bills with a range of materials, shading, thermal, glazing, lighting, appliance and other features.

While six-star energy efficiency is the current industry standard, few developers have attempted to step up to seven stars in a mainstream suburban residential project. Villawood has been spearheading a sustainable housing roadshow to industry, government agencies and others, pushing the case for zero emission projects to counter rising temperatures and energy costs

Buyers at Ecorevo will be able to select from a range of 7-star home designs for Ecorevo’s sites by leading builders, including Arden Homes, Metricon, SBG, Simonds and SJD Homes. Alternatively, they can utilise their own designers, architects, builders and energy specialists.