Author: Jane andrews

Practical Completion

When it comes to building the term “Practical Completion” is like the holy grail. This is a day new homeowners look forward to as it is the day when ‘practically’ all the work on your new home has been completed.

That said, it is not the day you will get to take possession of your house. Terms like practical completion can sound like a full stop to the home building journey but there are several steps beyond this.

Here is a quick guide to the final stages of your house build and handover.

Homecorp new home builder Queensland

Handover Inspector

Between practical completion and handover there is often an inspection by an independent person or company who will look over the entire house and compile a list of defects against Australian standards of finished work.

These defects are then fixed prior to you moving in to help ensure your home is at the highest quality.

There is also likely to be some other formalities, like the final valuation of your home, and of course the final payment. It is generally a two week period from practical completion (PC) to handover.

House and land for sale Brisbane Gold Coast area

Handover Day

Handover can take anywhere between 1-3 hours. This is where one of our team will take you around your home and explain everything to you.

Final cleans are done the day of or day before handover so everything is fresh for when you move in.

Just like at the PC stage you will go around your home with your site super. They will point out all the key functions of the house, like how to open and lock the doors and where the garage remote is stored.

After handover is when we step into what we call the defects period. This goes for 6 months, the standard HIA period is 3 months. We doubled it to give you and the home extra time to settle in!

During this period, we rely on the help of the new homeowners to help us note any defects such as leaks that may occur. We will also check in from time to time over the first few weeks and months.

At about the halfway period in the year, we will have a look over the defects that have been recorded and start preparing to go through them.

New house builder Queensland

Our Homeowners Guide

Everyone also gets a digital handover guide. This book has all kinds of tips and tricks to help you get the most from your new home – like drying out the house, making it green, energy use, window protection, insulation, lighting, and air conditioning.

This guide also includes information about security, electrics, ceilings, bathroom fittings, paintwork care, roofing and your warranty.

Your home comes with a 12-month* maintenance period. Your warranty means that we’ll cover any structural problems that occur with your house.  Small maintenance issues are really common and nothing to worry about.

New property investment opportunities Queensland

Moving In

Moving can be a stressful time. Here are some helpful reminders to help make the process as low-stress as possible.

First, make sure all the important stuff is safe – things like prescriptions, driver’s license, marriage, birth certificates, and passports.

Secondly, book in the disconnection of the utilities at your old address and the connection of the amenities, internet, and pay-tv at your new address. 

Also notify any relevant businesses (incl. Aus Post) of your change of address.

The Verge house and land Queensland

Settling ln 

Whether you already know where each picture is going to go, or you’re just beginning your nesting journey, there’s no rush, pace yourself!

Gympie is a stunning and sort-after Queensland location
Hot Property

Gympie: why it is hot and cool

The Sunshine Coast is an exceptional part of Australia. The work life balance is unparalleled with access to a multitude of stunning beaches, plus all the boating and fishing that comes with it.

Situated 160km north of Brisbane Airport, Gympie sits on the Mary River. It is just a 40-minute drive to Tin Can Bay and is just 30 minutes to Noosa. On the doorstep of the Great Barrier Reef and Fraser Island, the region is also home to national parks, state forests, and the subtropical climate is perfect for enjoying the Great Outdoors.

It is now widely accepted that Gympie, officially named in 1868, is a local Aboriginal word – “gimpi gimpi” – for a stinging tree. There was a time prior to 1868 when the town was known as Nashville after James Nash who discovered gold and “saved Queensland”.

Today Gympie is a town of just over 20,000; the wider region is home to 50,000. That’s big enough to have amazing running, cycling and horse riding trials and small enough that you are around ten minutes from almost everything you need.

It is a charming spot famous for its goldfields and a quiet, safe, peaceful place to live. Gympie offers an enviable lifestyle with a great work life balance; it’s an idylic place to raise a family or retire to.

There are numerous schools both public and private, as well as a campus of the Wide Bay Institute of TAFE. The University of the Sunshine Coast also has a Gympie campus. There is a small local airport just south of Gympie, and there are local rail services on your doorstep. The Bruce Highway provides road connection to other major Queensland centres.

Gympie area attractions:

▪Valley Rattler Steam Train

▪ Gympie Gold Mining and Historical Museum

▪ Mary Valley

▪ Mothar Mountain Speedway

▪ Beaches (like Rainbow Beach)

▪ Tin Can Bay and dolphins
▪ Fraser Island

▪ Heart of Gold International Short Film Festival

▪ Woondum National Park

▪ Gympie Music Muster

▪ MX Farm Queensland (Motorcross Park)

The Queensland property market has seen remarkable growth. Homecorp has chosen Gympie as a development location and is releasing The Outlook Stage 5 house and land packages.

If Gympie sounds like the place you’d like to call home, take a look at The Outlook or reach out to the team at Homecorp today.

Rockhampton continues to be a hot lifestyle location in Queensland
Hot Property

Smoking Hot: Rockhampton

Known as the Beef Capital of Australia, Rockhampton is a booming regional town, the fourth largest in Queensland. Since beef is one of the area’s primary industries, it is no surprise some of the best steak houses and restaurants in regional Queensland are right here.

Rockhampton is so proud of their reputation as the Beef Capital of Australia that there are six iconic bull statues throughout the city.

Interstate investors and owner occupiers are flocking to north Queensland’s regional property market in droves, hoping to cash in on affordable housing in limited supply and offering very high rental yields.

It’s a story on repeat from Cairns to Rockhampton, where local agents talk of an unexpected boom.

Located an hour and 20 minutes by plane from Brisbane, Rockhampton is attracting high investor attention, predominantly New South Wales and Victoria.

Mat O’Brien, Sales and Marketing Consultant, Ray White Rockhampton:
“I’ve also run into quite a few people from Tasmania, and they’re not just enquiring, they’re actually coming through open homes so they’re here, on the ground, and I know of a few people who had just flown up for the weekend to see properties too,” Mr O’Brien said.

CoreLogic’s August Regional Market Report, shows Rockhampton’s median house price is $377,673, which is a 6.6 per cent increase in the past 12 months.

That makes for some great reasons to invest in house and land in the area but there is more to love.

Enviable Weather – Rockhampton has a subtropical climate.  It is generally too far south to have regular northwest monsoonal influence and too far north to receive cold fronts sweeping in from the south!

Seaside Living – While Rockhampton is blessed with plenty of clean country air, it is also just 30 minutes from 23 glorious kilometres of sandy beach between Yeppoon and Emu Park.

Sporting Mecca – smack bang in what can only be called “the Bible Belt of Rugby League”, there’s plenty on offer for sports lovers. The city is also home to AFL, basketball, soccer, mountain biking and even roller derby.

Events Galore – Rocky is rocks with concerts, events and festivals every year.  Some big ticket items include the Rockhampton Show, Beef Australia Expo, Rockhampton Cultural Festival and the Capricorn Food and Wine Festival.

Go Bush – The Southern Great Barrier Reef is just a stone’s throw away but you can also head inland for a true taste of what living in Central Queensland is all about – national parks, the Capricorn Caves, and numerous state forests.

Homecorp first started developing in Rockhampton in the early 2000’s. The potential was clear to see and that is still the case more than 15 years on. If Rocky sounds like the kind of place you’d  like to call home, take a look at The Gardens or reach out to the team at Homecorp today.

Looking for luxury apartment living on the Gold Coast?

Gold Coast Apartments 

The Gold Coast property market across all sectors continues to remain one of Australia’s most resilient, bolstered by high numbers of migration and significant new infrastructure and investment projects.

Famed for its natural amenities and idyllic lifestyle, this iconic coastal destination is one of the fastest growing economies in the country with interstate migration fuelling population growth and that in turn super powering demand for property.

The Trends

Like many parts of Australia, demand on the Gold Coast continues to be strong, driven by high levels of immigration that has been at record levels.

Many were forecasting a drop or at least an easing in the number of people choosing to call the Gold Coast home but the influx of new Australians remains high.

Population growth for the Gold Coast is known for overseas immigration but strong interstate migration is super powering the property market.

As such, property prices are expected to continue increasing throughout 2024.

Prices had been forecast to drop in 2023 but figures showed they increase of 8.1 per cent.

The area is well-known for roller coasters and although the property market also sees peaks and troughs, over the 35 years to 2021 PRD research shows the Gold Coast median house price grew 1,077 per cent and unit prices rose 643 per cent.

A Trip Down Property Memory Lane

How did 2023 stack up?

The Covid 19 pandemic greatly impacted the building and construction sector. Unsurprisingly, FY23 saw a sharp fall in apartment launches, around a -48 per cent drop from the launch numbers from FY22, however it was still the highest number of apartments launched since FY19.

New apartment sales on the booming Gold Coast. The surge came as a swath of cashed-up local and interstate buyers pounced on the larger luxury residences that have become the post-COVID-19 staple of the coastal city market.

The biggest-selling Gold Coast projects

Over the September quarter, the biggest-selling Gold Coast project – according to Urbis – was Drew Group’s Lagoon project at Main Beach, which is being built by Hutchinson Builders and racked up 124 sales across two towers.

The first stage of Cienna, a multi-tower project in Varsity Lakes being undertaken by Ron Bakir’s Homecorp, secured 85 sales. Meanwhile, 26 Vista, a high-rise tower at Surfers Paradise being developed by Malaysian-listed MRCB Malaysia, sold 80 apartments over the quarter.

Homecorp offers a highly experienced development and building team

Urbis director Paul Riga said a significant new trend was the conversion of a number of build-to-rent projects to build-to-sell as developers look to capture sales in a constrained supply environment.

“What the data tells us quite simply is that the demand for apartments has remained strong,” Mr Riga said.

“This is great for the property market, underpins property prices, but creates further problems with supply – meaning if new projects don’t get under way, the supply will continue to diminish.”

Eve Residences is a stunning luxury apartment development on the Gold Coast

Homecorp is about to release the next stage of Cienna Varsity Ridge in 2024 and will also complete Eve Residences, a luxury apartment development on Marine Parade with unobstructed Broadwater views.

To discover more about what Homecorp are developing, reach out to the team today.

Find out about the steps in the build process with Homecopr
House and Land

The Frame

After the slab has been laid, the most notable step in is the frame. A frame for an average, single story home takes approximately one day to be completed as the framing elements are usually partially assembled in the factory and then freighted to site.

For a two story home, the build time is a little longer – more like two to five days depending on the complexity of the build.

Framing has traditionally been constructed of timber but homes are also now build using steel framing.

The following are normally part of the Frame Stage:

All external & internal frames for walls.

Frame walls are a series of upright beams, joined together by noggins (smaller pieces of wood), to form a sturdy frame for either the external wrapping or internal plasterboard to be fixed to.

The frame walls also form an structure for windows and doors to be fixed to.

Building paper will be also be applied to the external walls.

Building paper, also called house wrap, is a strong, fibrous paper that blocks water and moisture from entering from the outside but allows moist air to pass through from the inside, preventing a buildup of moisture inside walls that can lead to mold.

Installation of all windows & doors.

Once the frame walls have gone up, windows and doors are then able to be installed. This usually happens during or shortly after the framing stage. In some cases, builders will install temporary doors for security or to help control environmental factors.

House at framed up stage at Homecorp Logan Reserve
Electrical box fixed in place.

At this stage, the electrical fuse box that was fixed to the pole during the concrete slab prep stage is now incorporated into the frame of the home.

Floor joists (if double story)

If the home is high set or double story, the upstairs floor joists will have been installed. The second level frame will be constructed on top of this series of upright structures.


Based on the design and the requirements of materials specified, the exterior cladding will be installed.

Floor boarding (If double story)

When building a double story dwelling, the upper story floorboards – which are generally chipboard – will be laid on top of the floor joists and securely nailed into place.

Once all these steps have been finished the framing step is complete and the roof can be installed.

House and Land

Foundations and Footings

What is the difference?

As the saying goes, a solid foundation in life sets you up for success. The same is true when it comes to building a house. There are many terms builders use that aren’t entirely clear to would-be owners, especially those building for the first time. In order to decode some of the terms we use, we are going to start from the ground up… with the foundation.

footing is what stands (literally) between the load of the house and the ground on which it is built.

Footings play several important roles including distributing loads evenly across the ground, anchoring buildings against high winds and protecting them from expansive soils and soil moisture. Footings that are well designed and constructed help ensure our buildings are safe and stable.

Foundation is the soil upon which the entire structure rests and must be able to support the weight of the building without failing. One of the first steps when looking at a site is to access the ground or soil to understand what the foundation is. Footings will then be designed to take into account the site conditions and type of foundation. 

Different types of foundation soil offer different levels of stability and drainage. Generally, footings founded on bedrock will settle the least, while footings founded on sandy soil tend to settle quickly and evenly.

Clay soil is notoriously tricky as it absorbs and loses water dramatically in response to weather conditions. In wet seasons, clay soil expands by up to 50%, while during dry months, it shrinks by the same amount. This constant movement can cause mean footings move unevenly leading to cracks appearing on finished surfaces over time.

A geotechnical report provides the necessary information about the soil type, behaviour, and limitations. This allows the Structural Engineer to design an appropriate footing for any project.

What are Different Types of Footings Used in Australian Homes?

There are a range of footings being used in Australian houses. Some of the most common are:

Strip and Stumps

One of Australia’s most commonly used types of footings is the strip and stump footing system. This system consists of two main parts: a strip of linear rectangular concrete or bluestone, and isolated posts known as stumps supported on pad footings.

The strip footing supports external walls, while the stumps support the internal floors. This system is adaptable and can be built on flat and sloping sites. In addition, it creates a crawl space that can be used for storage.

Types of Footings, Strip and stump footing system
Strip and Stump Footing System

Raft Slabs

A reinforced concrete raft slab is a strong and durable foundation for any building. The integral concrete beams provide added strength and support and can be spaced and positioned according to needs. This type of footing is well-suited to difficult or unstable ground. Differential movements of a raft slab can also be minimized with proper design and construction.

Two different types of raft slabs widely used in Australia are:

Waffle Raft

Waffle slabs have become a popular choice for builders in recent years due to their faster, easier and cheaper build process. Waffle slabs are typically 85 mm thick and supported by edge beams around the perimeter and internal beams (known as ribs) that run in both directions, creating a waffle-like shape when viewed from below.

Waffle slabs sit directly on the ground, either on compacted fill or natural soil. Due to their shallow-founded beams and relatively low stiffness, they have become problematic on highly reactive soils.

Waffle Raft

Waffle Rafts are the style of footing currently being installed at Prestwood Estate by Homecorp.

Once plumbing service pipes have been installed, a barrier layer is laid on the site and reinforcing is laid out. Wafffle Rafts are then placed and spaced ready for concrete to be poured on top.

Stiffened Raft

Stiffened Raft typically consists of a 100mm thick steel reinforced slab with stiffened internal and external beams embedded into the Natural foundation soil for extra strength and support. The edges of the stiffened raft slabs are from 300mm to 1100mm thick, depending on the type of construction they support (e.g. clad frame, brick veneer, full masonry etc.).

Stiffened Raft a type of footings in australia
Site preparation for construction of Stiffened Raft Slab

Suspended slabs on piers

Some sites can be very problematic due to the significant reactive nature of the foundation soil or the presence of deep layers of unstable Fill material that are unsuitable for use as a foundation. In these cases, deep concrete piles are installed to support the concrete raft slabs and take the load down to the Natural soil, where the amount of movement, due to reactivity, is somewhat limited. The piles are rarely structurally connected to the concrete slab above, and as such, this footing system is very susceptible to soil heave.

Slab on Ground

This is usually made from reinforced concrete and is approximately 80mm thick. The perimeter footing is usually slightly thicker, which helps to increase the stability of the slab. The slab is typically built on a layer of crushed gravel and a sheet of waterproofing plastic to prevent moisture from seeping up from the ground. This type of footing is generally suitable for non-habitable areas, such as garages and driveways and is installed on flat sites.

Slab on Ground

How deep should footings be?

The depth of a footing is dictated by the type of soil beneath it and the amount of bearing capacity required. The heavier the building is, the deeper the footings should be. Also, soils that are more reactive necessitate a deeper footing in order to minimize differential movements. One of the roles of design engineers is to account for adverse factors present on site, such as trees, which could potentially impact on the footing’s performance.

The Australian Standard AS2870 Residential slabs and footings provides minimum requirements for footing design; however, this standard should be treated as a general guideline only. Every site must be thoroughly tested and analyzed by both a Geotechnical Engineer and Structural Engineer to ensure an appropriate footing type and depth is proposed.  

Homecorp House and Land packages are designed so all the hard work, including things like geotech reports and engineering assessements, are all taken care of. Our team of experts look at each lot and pair it with the a plan and layout that capitalises on what that site has to offer.

To find out more about where Homecorp are developing just reach out to the Homecorp team today.

Experienced property developers in Adelaide
House and Land

Infrastructure Spend: WIP 2024

Before selecting areas for house and land estates, Homecorp does a lot of digging. By this we mean hundreds of hours of ground work, in terms of research into the potential for growth in an area, has been done before buyers get to see an estate.

Homecorp considers a range of factors when developing house and land estates, like the infrastructure spend outlook for 2024.

New infrastructure or upgrades to existing amenities can influence the desirability of a suburb and the increased workforce can drive demands, enhance business and even flow through to the property market.

2023 was a busy year for the Australian engineering and construction industry and current forecasts point to an equally busy 2024.

“There is a cautious optimism surrounding 2024,” explained James Lawrence, Group Manager for Customer & Markets at Coates. “While residential construction is declining, nationally the market remains in an upward cycle driven by concurrent booms in road, railway and renewables construction.”

“If businesses can successfully navigate challenges and retain the talent to deliver on demand, the next decade will be a rewarding time to be working in this industry.”

Here’s what engineering and construction businesses can expect from the year ahead:

Current trends and market conditions

Despite challenges, the overall position of Australia’s construction markets remains strong.

State-based demand

The value of construction work is a key indicator of the health of economies and, based on current forecasts, Queensland and WA are expected to outperform NSW and Victoria in coming years on a percentage growth factor.

“These states have relatively strong foundations for demand this decade, with growing populations, mineral and renewable resources, relatively low debt and major events like the 2032 Olympics in Brisbane stimulating further opportunities,” Lawrence said.

Growth sectors

Nationally, the construction of transportation, utilities, renewables, transmission, industrial, road and rail infrastructure projects will continue to drive significant activity in 2024, and provide longevity for engineering and construction businesses.

“We’re seeing considerable expansion into social institution infrastructure in areas like health and education, particularly in regional locations,” Lawrence said.

“We’re also starting to see the return of private investment, in large scale multi-dwelling projects, which will be essential for meeting the needs of Australia’s growing population.”

Renewable energy infrastructure will surge significantly in 2024, notably in the Eastern states. Industry research and forecasting company Macromonitor recently forecast spend on renewable energy infrastructure to rise 49 per cent to reach $5.2 billion in FY24, and grow to $12 billion in FY26.

The proposed Integrated System Plan (ISP) from AEMO2, Australia’s independent system and market operator, indicates there will be continued escalation in infrastructure for large-scale renewable generation, distribution and storage, and a contraction in traditional sources of power generation. The impact of this investment will be truly national as indicated on the ISP project roadmap.


Market capacity, capability, cost and carbon reduction remain key focus areas for construction in 2024.

Capacity and capability

As the pipeline of construction work continues to exceed the availability of skilled and unskilled labour, workforce challenges will remain.

Cost inflation

A slight resettling of costs and the completion of the Federal government’s infrastructure review will bring more surety to the industry.


Navigating changing environmental regulations and the need to deliver on carbon reduction targets and strategies is another factor that will shape construction activity and the cost of delivering construction projects in 2024 and beyond.

“Initiatives and legislation, such as the Sustainable Buildings SEPP3 in NSW, are shifting from reducing operating emissions to reducing embodied carbon – that is the carbon associated with construction materials, their transport to and from site, and the construction process itself,” Lawrence said.

“Construction businesses will increasingly need to consider embodied carbon in the early stages of the project life cycle.”


Across all sectors and geographies, there is potential for construction businesses to improve productivity and ease cost and capacity constraints.

Utilising technology

Technology has a role to play in easing labour pressures and offsetting rising construction costs. Homecorp is investing in further development of its Build Portal which allows stakeholders, owners and suppliers to track build progress online, anytie.

Embedding more sustainable practices

While the path to net-zero presents significant challenges for the industry, it also offers opportunities. Embedding circular economy principles – such as reusing materials, designing structures for disassembly and reducing waste – can yield significant benefits including increased efficiencies that can lead to cost savings and reductions in embodied carbon.

Homecorp offers home designs that achieve stringent 7 Green Star ratings to ensure we are not only building the best homes for today but also for the future.

Take a look at Homecorp House and Land opportunities or talk to the team about your needs today.

Develop and build with Homecorp

Essence Estate has undergone an impressive transformation from piles of soil, pipes and gravel to lush landscaped boulevards and level lots.

Words don’t do the process and transformation justice. The best way to really appreciate the hard work that has gone into creating this new community is from the air.

Take a moment to watch the progression of each site visit captured in the video below.

From the early earthworks to the homes that have already taken shape in Stage 1. Fly over the beginnings of boulevards and see them become sealed streets. We are proud of the tremendous team effort that has transformed Essence from bare land into a boutique estate.

Toowoomba Takes Off

With the initial stages built or commencing construction, Homecorp are now preparing lots in Stage 2 and Stage 4 at Essence Estate for release to market to meet demand.

Essence is rapidly developing into an inspiring community. The dedication of our team is creating an estate people are proud to call home.

Toowoomba offers many advantages including housing affordability, employment opportunities, education, health services, open spaces, sport, and culture.

It is one of the most liveable regions in Australia, supported by one of the nation’s most diverse and healthy economies.

A surge in activity has broadened the economic base to include manufacturing, along with education, transport, logistics and information communication sectors.

As a result, Toowoomba was one of Queensland’s top performing property markets for 2023.  

New house and land packages are being released in Toowoomba's Essence Estate

Homecorp Hot Spots

Homecorp’s assessment criteria for development locations is something we have fine-tuned over decades in the industry. 

Our track record speaks for itself with five of Homecorp’s key development locations – Toowoomba, Logan Reserve, Ipswich, Rockhampton and Adelaide – featuring on hot property lists for 2023.

Essence Estate Toowoomba is ready for new houses to be built by Homecorp

Want to know more? Take a look at Homecorp’s plans for Essence Estate or talk to our team today.

Site Visit: Essence, Toowoomba

Homecorp Queensland house and land packages
Sustainable Building

Demand Increases For Energy Efficient Homes

Energy efficiency is more important than ever for those looking to buy, rent or invest.

In the September 2023 Residential Audience Pulse Survey, 68% of consumers said that energy efficiency ratings were important when looking for a home. A third (34%) of respondents said they were extremely important. This is an increase of 6% compared to last year.

Reduce Costs And Help The Environment

Three-quarters (73%) of respondents cited reducing energy bills as the reason they viewed energy efficiency as important. Half of survey respondents (51%) also wanted to do good for the environment.

Homecorp builder developer in Queensland and South Australia

Searches for energy-efficient features on revealed solar panels were the most in-demand feature. A total of 77% of all energy-efficient related searches related to solar.

Solar panels were the most searched energy-efficient feature in all states except the Australian Capital Territory, where property seekers searched simply for energy efficiency the most.

Queensland Goes Green

Given its reputation for sunshine, it is no surprise that Queensland had the highest volume of searches (48%) for properties with solar panels.

Queenslanders were more interested in water tanks than other searchers and were also interested in properties that are “off-grid”.

“Off-grid” homes are completely disconnected from the energy grid. This means they solely rely on solar power and energy stored in batteries. Nearly 30% of “off-grid” searches came from Queensland.

Toowoomba Essence Estate house and land for sale

Queenslanders were also the largest searchers for properties with batteries, which allows them to store the unused energy generated from their solar panels.

Whether it is to save money or reduce environmental impact, more property seekers are taking home energy efficiency seriously. This means the value of homes with high energy efficiency is likely to increase. Features such as solar panels and glazed windows will continue to be important, as well as new technologies such as electric vehicle chargers and batteries for storing surplus energy.

Homecorp takes sustainable building seriously offering house and land packages that meet the stringent 7 Green-Star rating.

What is Green Star?

Founded by Green Building Council of Australia in 2003, Green Star is an internationally recognised rating system setting the standard for healthy, resilient, positive buildings and places. Developed for the Australian environment, Green Star has certified thousands of sustainable fitouts, buildings, homes and communities right across the country.

  • Reducing the impact of climate change
  • Enhancing our health and quality of life
  • Restoring and protecting our planet’s biodiversity and ecosystems
  • Driving resiliency in buildings, fitouts, and communities 
  • Contributing to market transformation and a sustainable economy
Homecorp house and land packages offer the benefit of our experience and network

The Future Homes program is a Green Star Homes Standard to assess the health, resilience and energy efficiency of our homes.

The Green Star Homes standard will be used to assess Australian homes against three key criteria to help us build homes of our future:

  • Positive: net zero in energy, fully electric, draught sealed, efficient and powered by renewables
  • Healthy: ventilated, comfortable, with products that are better for you
  • Resilient: water efficient and climate change ready.   

To learn more about what Homecorp are building, connect with our team today.

House and Land

Queensland Homes Hit All Time High

Key points:

  • Property in almost every part of Queensland has hit all time high prices overtaking COVID-era peaks
  • Analysts say a combination of affordable regions and fewer homes on the market is driving up prices
  • Housing advocates warn that as prices rise, those already struggling will be under even more pressure

Queensland Property Prices 

Property analysts CoreLogic found that every regional centre in Queensland – aside from the Sunshine Coast and Townsville – are now at their peak and continuing to rise.

In the south-east, homes in Brisbane’s south, inner city, along with Logan and Ipswich, are now at their highest-ever median price.

House and land for sale Brisbane growth corridor Toowoomba, Ipswich, Gold Coast

Affordable Regions In Demand

CoreLogic founder Tim Lawless said it is no surprise that homes in regional Queensland were rising fast.

He said they are still comparatively cheap and did not experience the same boom as the south-east.

“They didn’t see the same trends as south-east Queensland saw through the pandemic.

“Most of those markets are still showing immediate value well below $500,000.”

In contrast, the average price of a home on the Sunshine Coast now tops $965,000.

“That’s rivalling some of the more expensive markets in Sydney,” he said.

House and Land packages, like those at Essence Estate, open the door to Toowoomba’s hot property market

Prices on the rise

Mr Lawless said homes in South East Queensland’s lifestyle regions went up around 60 per cent through the COVID era. Many then saw dips in value once COVID restrictions eased but prices are rising across the board and demand is strong.

The Outlook in Gympie, Queensland, is readying the next stage of development to meet market demand

More Rental Properties Urgently Needed

Lawless also noted with low vacancy rates, housing supply and more overseas immigration, “it’s hard to see prices going backwards over the near term”.

Looking ahead to the next 20 years, Logan City will continue to be one of the fastest growing cities in Queensland. The population is expected to increase by up to 200,000 within the next 20 years and Logan’s objective is to create at least 53,000 jobs to support this population growth.

Logan Reserve property growth and population growth

Homecorp is developing House and Land estates in Logan Reserve, like The Verge and Prestwood Estate, to help meet demand.

Logan Reserve is a property hot spot offering easy family-friendly living with city conveniences close at hand:

30 minutes to Brisbane’s CBD
25 minutes to Ipswich
35 minutes to the Gold Coast
It’s one hot location, location, location!

Stage 5 at The Verge has just been released and it is the final house and land release in this thriving development.

With limited lots remaining, the time to invest is now! Talk to the team at Homecorp to find out more.