Hanley's Farm developer RCL Group sold the sections, ranging in size from 399 square metres to 648sq m, on April 8.
Prices were between $248,000 and $335,000 - meaning the company will be paid more than $18million once titles are issued.
Melbourne-based RCL has now sold 247 sections in four stages at the development.
It has approval for a further 1503 sections but chief executive David Wightman said sales were on hold while it focused on delivering the first four stages.
''We've obviously got a lot of lots to get through.
''We won't hold back releasing for the sake of it but we've always been conscious of releasing too far ahead of the programme.''
A waiting list has closed with $2000 deposits returned to those who missed out.
RCL expected titles on the first two stages to be issued before Christmas but it did not have a date for stage four yet.
Civil works have started on the first two stages.
