World's First 'Tesla Town' Coming to Australia

Jul 19, 2016

World's First 'Tesla Town' Coming to Australia

The world's first "Tesla town" is coming to Melbourne, Australia.

Glenvill

Lorraine Chow

Plans for the world's first "Tesla town" are underway. YarraBend, a suburb-to-be located just outside of Melbourne's city center, is under development by local property group Glenvill.

The developers have already put the first 60 homes on the market. The eco-friendly abodes will have rooftop solar, Tesla's battery storage system, electric car recharging points and energy efficient lighting as standard design features.

"Tesla Powerwalls are being installed in Park Precinct premium homes at YarraBend as part of our sustainability plan. Powerwall is a home battery that charges using electricity generated from solar panels," Glevill wrote on an Instagram post. "Automated and safe, the Powerwall enables you to maximize household usage of solar power generation."

Elon Musk's game-changing suite of batteries for businesses, homes and utilities were designed to help wean the world off fossil fuels. The batteries store electricity generated from solar panels. (If everything goes to Musk's plan, the batteries will be charged with Tesla's own solar panels). Australia received its first shipment of Tesla Powerwalls roughly six months ago.

Living in this high-tech town, however, does come at a price. According to Australia renewable energy website One Step Off The Grid, the 16.46 hectare development will ultimately be home to 2,500 new residences, with three to five bedrooms houses, townhouses and apartments ranging from $1.48 million to $2.1 million in price. 

It is not yet clear how many Powerwalls will be installed at YarraBend but based on the number of dwellings, it could number in the thousands, One Step Off The Grid reported

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