Ingleburn. Stage one sold out

Stage one of Monarch Investments’ Ingleburn Gardens Estate sold out in December. Before that, sales were slow; now 30 people on the waiting list, said company CEO, Peter Icklow. He was commenting on the increase in sales for new homes in NSW as a result of the first-home buyer grant, lower interest rates and a drop of up to 30 per cent in values. “Enquiry levels in November and December went up considerably and it’s translating into sales,” he said.