With housing affordability a challenge for many South Australians, a new residential development just eight kilometers south of Adelaide’s CBD aims to provide accessible home ownership in a tightly-packed suburb.
PanoramaRivergum’s newest community, offering affordability, architectural urban design and fixed price certainty in a master-planned community of 76 homes.
Rivergum will serve as both developer and builder for the architecturally designed townhomes titled Torrens, inspired by ‘Streamline Moderne’, an international style of Art Deco architecture, common in the city of Mitcham and the suburb of Panorama.
Panorama reflects the industry’s shift towards inclusive communities, welcoming first home buyers, young professionals, downsizers and investors.
Unlocking affordability in a premium suburb
Rivergum development director Ren Papilion says Panorama really benefits from their fully integrated delivery model.
“It means that every phase of the project, from planning and architectural design to construction and sales, is managed in-house,” he explains.
Buyers can expect a streamlined construction and purchasing process, making the journey to owning their new home even easier, he added.
“We have been working with the City of Mitcham to finalize the approvals. We will be selling the homes in phases and plan to build all homes at the same time,” says Papilion.
Rivergum’s dual role as builder and developer allows greater control over costs and consistency in design.
This control over costs means Panorama delivers 15% affordable housing through HomeSeeker SA, offering first home buyers the opportunity to secure a home in Adelaide’s competitive market.
Sustainable and stylish living options
The homes are offered as turnkey, fixed-price house and land packages, complete with air conditioning, LED lighting and stainless steel appliances.
Buyers can choose from two- and three-bedroom layouts that are perfect for growing families, downsizers and investors, all with consistent architecture that connects the homes as one cohesive community and pays tribute to the rich Art Deco and early 20th century architecture of the surrounding community, with curved walls, brickwork and balcony railings.
Because parking is at a premium in South Australia, Panorama has been designed so that all properties have secure off-street parking.
Fortunately for residents, there is more on-street parking than is required for a masterplan of this size, giving them even more flexibility and choice.
Sustainability upgrades include solar and rooftop EV charging options, allowing buyers to take full advantage of the South Australian sun and reduce their reliance on the electricity grid.
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Experience, access and prime location
With three decades of experience, buyers can trust a home built by Rivergum.
Selling agent Tayla Taarnby comments: “Rivergum is known for delivering affordable prices that are aspirational, and successfully delivering award-winning homes and developments on this scale.”
Panorama is also located in the thriving suburb of Panorama and comes with all the local must-haves.
The award-winning Pasadena Mall is 900 meters from the project, less than a 2-minute drive, as are a variety of shopping and dining options, schools and healthcare services.
With Goodwood Road right on their doorstep, Panorama buyers can also enjoy a seamless connection to Adelaide’s CBD by public transport.
As part of the project’s commitment to building a true community for its future residents, a reserve has also been included in the masterplan, creating a green space perfect for relaxing and connecting with new neighbors.
Panorama homes start at $675,000, well below Panorama’s median home price of $1.152 million – an attractive offering for first-time buyers and middle-income households.
In addition, the development will feature homes at higher prices for those seeking greater luxury, catering for a wide range of buyer needs, including 4-bedroom family homes and a separate living/studio apartment above the garage to the rear.
The affordably priced townhomes are located in a suburb known for its community and convenience.
An innovative tool for buyer confidence
Panorama allows homebuyers to walk through their floor plan before their home is even built Rivergum’s unique Plan Lab™ experience.
Plan Lab™ is a life-size floor plan walkthrough studio that allows buyers to explore their floor plan at full scale and is the only one of its kind in South Australia.
Plan Lab™ is extended not only by the floor plans, but also by movable furniture and wall parts that make the technology even more immersive.
Future residents will experience the full size and designs of the townhomes, using Plan Lab™ to imagine what their home in the Panorama community will look like for them and their families.
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