FROM CATTLE PROPERTY TO HOUSING ESTATE
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.