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Brisbane property: Greenfield sites and inner city bear burden on 80 per cent of new homes

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NEW greenfield housing developments in outer suburbs and an increasingly dense inner city are carrying the burden of Brisbane’s population growth, with 80 per cent of new residences set to be built in these areas.

Aerial photos of massive masterplanned communities highlight the stunning growth rate pockets of the southeast corner have experienced over the past few years.

The demand for new housing sites, coupled with restrictions proposed in the draft South East Queensland Regional Plan, has led to an increased need to facilitate sensible growth in “middle-ring” suburbs.

Last financial year there were 30,530 new dwellings approved within the Brisbane Metro area, which includes Ipswich, Logan, Moreton Bay and Redland.

Some 15,030 of those were inner Brisbane units, 8162 were in greenfield sites outside of the Brisbane local government area and 467 were within the Brisbane LGA.

RPS discipline leader of urban design Peter Egerton said the figures were unsustainable. “The new communities within the Greater Brisbane region are doing all the heavy lifting in terms of providing diversity and affordability, with Brisbane itself relying on apartments to fill this void,” he said.

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Mr Egerton said smarter growth in middle-ring suburbs was needed to ease pressure on outer and inner areas.

“Townhouses and terrace housing are a crucial part of the housing mix for any city but these projects are mostly missing from Brisbane’s middle ring,” Mr Egerton said.

“There are a small handful of medium density developments taking place in these suburbs but we need a lot more to make our city sustainable for the future.

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“Without townhouses and terraces in these areas, homebuyers on a tight budget are forced to move further out to find a place they can afford in areas where public transport is limited, and this then creates increased traffic congestion on our arterial roads.”

Aerial photos supplied to The Courier-Mail by Nearmap show the appetite for new housing in development areas including Springfield, Yarrabilba, Jimboomba and Pimpama.

According to the draft SEQ Regional Plan, 94 per cent of the 194,000 new residential dwellings to be built in Brisbane by 2041 will need to be built in existing urban areas.

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In the Metro region (excluding Ipswich), 68 per cent of dwellings will be infill.

Mr Egerton said many middle-ring suburbs with current or future public transport links, limited character housing and larger than average lot sizes were ideal for townhouse and terrace housing.

Scott Hillier and his family have lived in a greenfield development at Brookwater, southwest of Brisbane, for the past three years.

“It’s a great lifestyle for the kids and young families,” he said. “You can head down to the lagoon and enjoy an afternoon with your neighbours.”

Originally Published: http://www.couriermail.com.au

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Developments

Moreton Bay Regional Council makes decision on North Lakes commercial precinct

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DEVELOPERS of the proposed Laguna North Lakes commercial precinct will have six years to begin the project after getting council approval today.

The council this morning adopted a ­Material Change of Use ­application for the development at its coordination committee meeting at Strathpine.

The application is for a catering premises, commercial services, convention centre, hotel, indoor recreation, licensed club, ­occasional market, office, restaurant and shop.

An artist’s impression of the Laguna North Lakes development.

It was lodged by Wolter Consulting Group with the Council listed as the owner of the site, which covers land at 28-40 North Lakes Drive, 10 The Corso and 75 Lakefield Drive.

The application was ­initially lodged on May 19.

Council planners, in the report to council, said it would be a high-quality mixed-use development.

The proposed development, which would cover the 1.72ha site, would be constructed over four stages, the report stated.

“The proposal seeks to create a unique experience in the North Lakes area, ­establishing a boutique ­retail, dining and lifestyle precinct in the heart of North Lakes,” it stated.

“The proposal will ­contain a total gross floor area of 34,892sq m and consist of five new buildings ranging in height from two storeys up to six storeys.

An artist’s impression of the lagoon pool at Laguna North Lakes.

“The tallest buildings ­include the hotel and function centre and the commercial office towers (six storeys) which front The Corso and North Lakes Drive respectively.

“The development will be supported by a multi-level basement carpark, which will be integrated with the existing basement carpark situated beneath the existing council library.

“A new laneway (Laguna Drive) is proposed to connect The Corso and Lakefield Drive, internal to the site, which will enhance ­accessibility for users by providing short-term parking options and passenger set-down.”

The report recommended councillors approve the ­development, subject to amendments and conditions.

One of the recommended amendments was for a taxi rank set-down area adjacent to the function centre lobby. This would be designed to include either a drop-off/pick-up zone or a dedicated parking bay capable of accommodating a taxi suitable for use by people with ­disabilities.

The $250 million project first made headlines in ­December last year when it was announced Pointcorp and the George Group would develop the land, that at the time was being used for car parking.

Mayor Allan Sutherland said at the time the ­eventual sale price of the land would be $7.7 million and the developers were to pay a $700,000 deposit on a four-year lease.

A leasing campaign to ­attract retail and commercial tenants was launched in May.

Originally Published: www.couriermail.com.au

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Developments

New Master Planned Development Delivers Housing For Booming Region

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Architecture, Companies, Construction, Government, New Developments, News, QLD, Residential, Sector, Town Planning

 A new master-planned residential development is soon to launch in Narangba, north of Brisbane.

The site is being developed through a joint venture between Pointcorp and the Dahua Group. The lots will be delivered in ten stages and once complete will provide 467 house and land packages — with an expected end value of $222 million.

Pointcorp diversified into house and land packages last year launching their first land project — a 344-lot land division — in Coomera on the Gold Coast.

Last week, Queensland Acting Premier and Treasurer Curtis Pitt visited the master-planned site in Narangba.

Pitt said the Moreton Bay Regional Council was the fastest growing municipality in Queensland and one of the fastest growing regions in Australia.

“It’s forecast to grow in population by more than 40 percent over the next 20 years and there are plans in place for a range of residential housing for growing communities to call home,” Pitt said.

All house and land packages at Amity will qualify for the $20,000 Queensland first home owner’s grant.

“The grant can be applied to newly constructed homes up to $750,000 and not only help Queenslanders into their own home but also supports jobs in our building industry,” Pitt said.

Pointcorp’s Chris Vitale said the company acquired the land in January 2016 in partnership with Dahua.

“We’re designing a one-of-a-kind community not seen before, and our partnership with leading global developer Dahua Group will ensure we develop [a] wide range of affordable housing product,” Vitale said.

Amity’s future contribution to the region’s housing stock supply allowed Dahua to qualify for relief from additional foreign acquirer duty (AFAD). AFAD was introduced to ensure foreign acquirers of residential property who benefit from government services and infrastructure also contribute to their delivery, the same as local buyers.

“We welcome mutually beneficial foreign investment and by maintaining sufficient flexibility when it comes to the additional duty charged to foreign entities,” Pitt said.

Amity will launch to the public in October. The first stage of the community comprises 93 house and land packages ranging in price from $398,000 to $600,000.

Originally Published: www.theurbandeveloper.com

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Developments

New Master Planned Development Delivers Housing For Booming Region

Published

on

moreton, development

A new master planned residential development is soon to launch in Narangba, north of Brisbane.

The site is being developed through a joint venture between Pointcorp and the Dahua Group. The lots will be delivered in ten stages and once complete, will provide 467 house and land packages — with an expected end value of $222 million.

Pointcorp diversified into house and land packages last year launching their first first land project — a 344-lot land division — in Coomera on the Gold Coast.

Last week, Queensland Acting Premier and Treasurer Curtis Pitt visited the master planned site in Narangba.

Pitt said the Moreton Bay Regional Council was the fastest growing municipality in Queensland and one of the fastest growing regions in Australia.

“It’s forecast to grow in population by more than 40 per cent over the next 20 years and there are plans in place for a range of residential housing for growing communities to call home,” Pitt said.

All house and land packages at Amity will qualify for the $20,000 Queensland first home owner’s grant.

“The grant can be applied to newly constructed homes up to $750,000 and not only help Queenslanders into their own home, but also supports jobs in our building industry,” Pitt said.

Pointcorp’s Chris Vitale said the company acquired the land in January 2016 in partnership with Dahua.

“We’re designing a one-of-a-kind community not seen before, and our partnership with leading global developer Dahua Group will ensure we develop [a] wide range of affordable housing product,” Vitale said.

Amity’s future contribution to the region’s housing stock supply allowed Dahua to qualify for relief from additional foreign acquirer duty (AFAD). AFAD was introduced to ensure foreign acquirers of residential property who benefit from government services and infrastructure also contribute to their delivery, the same as local buyers.

“We welcome mutually beneficial foreign investment and by maintaining sufficient flexibility when it comes to the additional duty charged to foreign entities,” Pitt said.

Amity will launch to the public in October. The first stage of the community comprises 93 house and land packages ranging in price from $398,000 to $600,000.

Originally Published: www.theurbandeveloper.com

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