HOT ZONE QUITE A CATCH

The Courier-Mail - Home - - TOP MARKS - SA­MAN­THA HEALY

The lo­ca­tion of one small res­i­den­tial devel­op­ment within a sought-af­ter school catch­ment zone is prov­ing pop­u­lar with buy­ers.

De­scribed as “the last bit of Carindale” left to de­velop, two of the six lots within the first stage of Parc Carindale sold within weeks of its re­lease. LJ Hooker Sun­ny­bank Hills in­vest­ment spe­cial­ist Alex Steven­son said the devel­op­ment was a “dream list­ing”.

“It is an easy one to sell,” he said. “The first and last ques­tion ev­ery­one asks is whether it is in the catch­ment.”

The catch­ment refers to Mans­field State High School, one of Bris­bane’s most hotly con­tested schools for en­rol­ments.

Late last year, it was re­vealed par­ents were pay­ing top dol­lar for homes within pre­ferred school catch­ments to en­sure their chil­dren were el­i­gi­ble.

Mr Steven­son said the two blocks al­ready sold had been bought by lo­cal fam­i­lies.

Con­struc­tion of the first homes in stage one is ex­pected to start in March, with buy­ers free to choose any builder they wish.

Mr Steven­son said just 14 homes would be built across the three stages of the devel­op­ment, which is lo­cated on acreage land held by one fam­ily for about 20 years.

Land starts from $540,000, with the most ex­pen­sive lot hav­ing city views and cost­ing $620,000.

“Carindale is very pop­u­lar with buy­ers,” Mr Steven­son said. “Even just driv­ing down the street (to Parc Carindale) is im­pres­sive, with big and beau­ti­ful homes.

“It is also close to all ameni­ties. This is ba­si­cally the last bit of Carindale left.”

Parc Carindale is be­ing de­vel­oped by the BriS­tar Group, and is just min­utes from West­field Carindale.

The av­er­age block size is 570 sq m.

An im­pres­sion of the type of house that could be built in the 14-lot devel­op­ment, which is in the Mans­field State High School catch­ment zone. Buy­ers are free to use the builder of their choice to build their dream home.

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