Queensland: House and Land
Queensland house and land opportunities offer a way into a market that is already building towards Brisbane 2032. You may have seen some of the headlines about the growth predicted in Queensland but the numbers behind those headlines are staggering.
A recent report by property experts RPM Group says Logan is a hot spot that needs to get growing. RPM’s SEQ Property Report for September 2023 is predicting 54,145 new dwellings will be needed in Logan by 2066. The current average is around 700 per year so the time to start building is now!
Homecorp has been fine-tuning a unique approach to Queensland house and land development for over a decade. Before we select locations for development we undertake in-depth research. Our assessment criteria includes looking at infrastructure investment as well as proximity to transport, shopping and health care amenities.
Queensland House and Land: Logan Reserve
Logan Reserve ticks all of these key boxes. This is why The Verge is one of Homecorp’s key house and land estates.
Why Logan Reserve?
The Verge is perfectly placed to capitalise on Logan Reserve’s predicted growth.
Talk to Homecorp about House and Land opportunities in this hot spot.
Nestled between Brisbane and the Gold Coast, Logan Reserve enjoys wide open green space with city conveniences just a short drive up the road.
As one of Queensland’s fastest growing cities, Logan’s remarkable transformation is being powered by infrastructure spending. These major projects are going to continue to build momentum in the area for many years to come.
Logan City’s largest shopping centre, The Hyperdome, is a 15-minute drive from The Verge. The Hyperdome is home to department stores, supermarkets, a revamped dining precinct and Events Cinema complex.
For those who like inner-city life, it is just 35 minutes into South Bank’s cultural hub. Trains also run to the city and to the airport from nearby Loganlea Station.
Property Hot Spot Hits Next Gear
The market has been experiencing strong demand. This is thanks to low interest rates, surging population growth and government stimulus.
Rental prices have grown over the past 12 months across all regions of SEQ. Housing supply remains a challenge for South East Queensland. Despite construction in the state approaching record levels, there were just 17,583 lots registered in 2022. This is well below the 10 year average of 22,517.
The RPM SEQ Property Report for September 2023 also revealed projections from Logan Council, SGS Economists and VLC consultants. Current forecasts say 54,145 dwellings will be needed in the region by 2066.
This means we need over 1,000 new homes to be delivered each year for the next 50 years. With this being significantly higher than the current build rate, the time to start building is now.
South East Queensland Is Building
This area of SEQ is emerging as a major attraction for buyers with Logan accounting for 1/3 of all settled sales in South East Queensland over the past financial year.
As Logan Reserve prepares for unprecedented population growth, the spotlight is falling on the 2023 Draft South East Queensland Regional Plan (SEQRP). This looks to address the current and future challenges for the residential property market.
“The intent of the SEQRP appears promising from a long-term perspective and the current review is certainly a step in the right direction, but it is not to say we are without immediate challenges,” comments Clinton Trezise, Managing Director Queensland of RPM GRP.
“There is a very real need for workable solutions that facilitate more supply while maintaining a responsible approach to development,” says Trezise. “The desired path forward requires all levels of government and industry to work together for the efficient delivery of a diverse range of housing solutions that address the urban boundaries, seamless integration of infrastructure, and housing planning. These considerations will set the trajectory for SEQ’s future housing supply.”
House and Land: The Verge
Logan Reserve is clearly shaping up to be the engine room for housing growth in Southeast Queensland. Homecorp has completed Stage 3 in our flagship development at Logan Reserve called The Verge.
We are in the later stages of construction for Stage 4 and have released the final stage in the development, Stage 5, to meet market demand. This is the final stage and last opportunity to buy in to this thriving development.
With limited house and land packages remaining, there is no better time to build. Homecorp offers an easy, low-stress way to captialise on the growth and potential of Logan Reserve.
Why Choose The Verge?
The Verge Logan Reserve offers relaxed family living close to the Gold Coast Hinterland and only 30 minutes from the Brisbane CBD.
Homecorp is investing in Logan Reserve as a key development location due to the infrastructure investment and predicted population growth in the area. Around $512M is being spent on Logan and Gateway extensions. This alone will support 1,300 new jobs.
Homecorp is an experienced Developer Builder. We are well-positioned to help interstate buyers understand the opportunities in the area. We are building at Logan Reserve as well as in nearby Holmview and we have a range of reports for buyers interested in exploring this developing hot spot.
Talk to Homecorp today to find out more about Queensland house and land opportunities.