High de­mand for blocks

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AUS­BUILD’S Tree­line devel­op­ment south west of Bris­bane has sold more than 40 per cent of stage one sites. The 16.2ha devel­op­ment at Doolandella, south west of Bris­bane, will in­clude 93 homes built across two stages, with 64 in stage one. Aus­build joint man­ag­ing direc­tor Matthew Bell said the sub­urb was cho­sen be­cause of the high de­mand for hous­ing in the area. “The es­tate rep­re­sents a rare op­por­tu­nity to se­cure a new home in a sought-af­ter lo­ca­tion back­ing on to a nat­u­ral bush land re­serve, and with an abun­dance of park­lands, and rep­utable schools close by,” he said. RP Data Corelogic fig­ures showed Doolandella had a 20.4 per cent change in me­dian house price across five years. There were 59 house sales in the 12 months to Novem­ber 2014, with the me­dian sale price at $430,000. Tree­line,Tree­line off Blun­der Rd Rd, has fixed-price house-and-land packages start­ing from $415,576. Stage one has a range of lot sizes from 375sq m to 1291sq m.

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