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Are Townhouses a good investment for a First Home Buyer?

Purchasing your first home is an exciting milestone, but it can also be hard to not feel overwhelmed at times by the many points to consider. With countless options available, it’s crucial to find a property that suits your needs, budget, and future aspirations. Look no further than Marigold’s Tennyson Townhouses collection, a new affordable townhome offering a design specifically with first home buyers in mind.
Let’s explore the key features of these townhouses and why we think they are an excellent choice for those embarking on their homeownership journey!


Buying your first home: Are Townhouses a good investment?
One of the most significant advantages of the Marigold Tarneit Townhouses is their affordability and value. Starting from a low $459,500, this is an attractive price, allowing you to select a versatile home that aligns with your financial goals. As a first home buyer, it’s important to find a property that fits within your budget without compromising on quality. With competitive pricing and a focus on value, the Tennyson Townhouses ensure that you get the most out of your investment.

The Tennyson Townhouses Collection at Marigold Tarneit boast a modern and functional design, catering to the needs and preferences of contemporary living. The thoughtful layout maximizes space utilisation, providing comfortable living areas for you and your family. These two bedroom townhomes include stylish bathrooms, spacious open-plan living and a designated home office space away from the central living area. Each aspect of these affordable townhouses has been carefully crafted to ensure both aesthetics and functionality for the owner.


Similarly, to all homes within Marigold Tarneit, the community is extremely well positioned in a prime location, offering convenience and easy access to essential amenities for all residents. With ideal proximity to schools, shopping centres, healthcare facilities, and recreational spaces, residents can enjoy a vibrant and fulfilling lifestyle. Additionally, the community is well-connected to major transport routes, and Tarneit Train Station can be reached within minutes, making commuting to work, or exploring nearby attractions a breeze.

For first home buyers, community living can play a significant role in fostering a sense of belonging and support. Growland understands this need and has curated a vibrant community atmosphere within the development. The townhouses are designed to encourage interaction and social engagement, with communal spaces, parks, and playgrounds available for residents to enjoy. This aspect adds value beyond the individual homes, providing opportunities to forge connections and create lasting memories with neighbours.

When investing in your first home, it’s crucial to choose a builder with a solid reputation for quality craftsmanship and attention to detail. DBN Homes are industry leaders in full-turnkey home solutions, creating a high-quality product without the compromise. By selecting a townhouse from this collection, you can rest assured that you are purchasing a home built to the highest standards, with quality materials and finishes that will stand the test of time.

Selecting a full-turnkey package takes the stress out of building your first home, with all fixtures, landscaping, plus a letter box and a washing line all installed for you and included in the original price. This more transparent and complete figure, also assist those who are working within a tight budget, preventing any unwanted ‘blow-outs’ or surprise costs.

Don’t forget, as a First Home Buyer, you may also be eligible for selective government grants and incentives, like the First Home Buyers Grant that help to reduce the financial burden of purchasing a property. It’s important to note that eligibility criteria and availability may vary, so it’s advisable to consult with a financial expert or broker and visit the State Revenue Office of Victoria website to explore the options available to you.


For an overview of the current incentives available to First Home Buyers, you can visit our Everything to consider as a First Home Buyer blog post.

Buying your first home is an important decision, and the Tennyson Townhouses Collection at Marigold Tarneit offers an exceptional opportunity for first home buyers. With affordability, modern designs, convenient location, all within a thriving established community, these townhouses provide an ideal foundation for your homeownership journey. As you embark on this exciting chapter, consider exploring the Tennyson Townhouses Collection at Marigold Tarneit and discover a place you can truly call home.

If you would like to find out more about the Tennyson Townhome Collection, you can view the range here or contact a member of our friendly sales team for more information via one of the methods below:

Phone: 0421 096 981

Email: townhomes@marigoldtarneit.com.au

Construction has Commenced on Marigold’s Stage 10 Park.

Growland is excited to announce that construction has commenced on our Stage 10 Park!

This new local park is positioned in the top north-eastern section of our community on the corner of Ulmus Street & Frog Way, aptly named Frog Way Park.

The new park will pay homage to the previously delivered Gathering Grove Park and reinforce the gentle, undulating forms of Marigold’s landscape by continuing the use of curvilinear shared paths around the perimeter and drawing on the use of large ornate boulders and logs to connect the green spaces. Frog Way Park has been designed as a more passively centred park where residents can come to relax and enjoy a quiet moment sitting in the sun on one of the park benches or utilise the large open-grassed area in the centre of the park for picnicking with family and friends.

The park will include feature platform seating, standard bench seating throughout, and a water fountain.

Frog Way Park will include some play equipment, directed towards our youngest residents, who can expect to be attracted to the wooden rockers and flower spinners that will add a burst of bright colour to the park.

Set out and site establishment are underway which involves establishing the building site with all of the correct health and safety measures in place.

Civil construction can then kick off with the next round of tasks including setting up temporary fencing and performing a general clean-up of the site before civil earthworks begin.

The above preliminary works are well underway, and our team are looking forward to commencing earthworks on the park in the new year.

We anticipate Frog Way Park to be open to the community in July next year.

We look forward to delivering this new park to the Marigold community that will provide a space for quiet reflection and encourage a healthy and active lifestyle for all residents. Marigold residents can expect to reap the rewards of being surrounded by ample green space, look forward to spending many hours outdoors and feel the benefits of an enhanced connection to nature. This is a space that all Marigold residents will be able to enjoy passively or actively.

Stay tuned for more construction updates coming soon!