FROM CAT­TLE PROP­ERTY TO HOUS­ING ES­TATE

The Courier-Mail - Home - - FRONT PAGE - EMILY BLACK

Villa World’s newest de­vel­op­ment, The Mead­ows, in Strathpine is just 25km north of Bris­bane’s CBD.

The for­mer cat­tle prop­erty will house a pro­posed 1300 peo­ple by 2022 with the re­lease of 393 home lots.

Villa World de­vel­op­ment man­ager Craig Mor­gan said more than 39 homes had been snapped up since the project’s launch late last year, and it had proved popular for owner oc­cu­piers and first home buy­ers look­ing to set­tle in the river­side com­mu­nity.

Mr Mor­gan said the es­tate pro­moted an ac­tive and healthy life­style, which was grab­bing the at­ten­tion of young Bris­bane fam­i­lies.

“The Mead­ows has opened up its doors to first home own­ers look­ing for brand new de­signer homes in an af­ford­able and com­mu­nity-cen­tred en­vi­ron­ment,” he said.

“The park­lands precinct in­cludes a play­ground and an ex­ten­sive walk­ing track with ex­er­cise equip­ment sta­tions.”

The es­tate has nearby ac­cess to ma­jor road in­fra­struc­ture, in­clud­ing the M1 and M3, con­nect­ing res­i­dents to em­ploy­ment, in­fra­struc­ture and leisure fa­cil­i­ties in Bris­bane and the Sun­shine Coast.

An Ur­bis re­port, Mar­ket Out­look Strathpine, re­vealed the mar­ket has an av­er­age of just 140 house sales an­nu­ally over the last decade.

“This in­di­cates lim­ited sup­ply of hous­ing prod­uct in Strathpine and bodes well for in­vestors and owner-oc­cu­piers en­ter­ing the res­i­den­tial prop­erty mar­ket,” the re­port stated.

“Re­search has shown us that the hous­ing mar­ket is quite tight in Strathpine, so we saw an op­por­tu­nity to in­tro­duce con­ve­nient fam­i­lyfriendly de­vel­op­ment,” Mr Mor­gan said.

The in­fras­truc­tural spend­ing surge in the re­gion will ben­e­fit buy­ers, with the $1.2 bil­lion More­ton Bay Rail Link open, and plans for the $100 mil­lion Petrie cam­pus of the Univer­sity of the Sun­shine Coast to open by 2020 and Strathpine train sta­tion to see a

$15 mil­lion up­grade.

Villa World has seen sig­nif­i­cant buy­ing ac­tiv­ity in its newest de­vel­op­ment, The Mead­ows, within the flour­ish­ing Bris­bane sub­urb of Strathpine.

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