New Estates by Barbara la Grange

JUNE 2017

NEW ESTATES FINANCE | DESIGN | LIFESTYLE | DIRECTORY

Southeast Queensland

HOUSES

New design trends

PEOPLE

Meet the neighbours

MONEY

Financing your new build

LOCATION Where to look

HOUSE AND LAND OPTIONS EXPLORED

AUSBUILDâ&#x20AC;&#x2122;S

EOFY SALE ON REGISTERED LAND HURRY, ENDS 30 JUNE 2017

Land Sale Centres Visit ausbuild.com.au/hours for more information. Bridgeman Downs Harrington Estate 1300 526 307 Open 7 days

Gumdale Enclave Estate 1300 526 306 Open 5 days

Pallara Prominence Estate 1300 526 303 Open 5 days

Speak to a Home & Land Consultant or visit ausbuild.com.au/terms for more info. QBCC 21710 | CM170621

Thornlands Altitude Estate 1300 526 304 Open 7 days

Thornlands Esperance Estate 1800 377 378 Open 5 days

Thornlands Kinross Estate 1300 526 302 Open 5 days

Thornlands Majestic Estate 1300 526 301 Open 5 days

LAND FOR SALE

ONLY 11 BLOCKS AVAILABLE IN 4 PRESTIGE LOCATIONS

Lot 2

450m2

MAKE an OFFER $425,000

Lot 11

500m2

MAKE OFFER SOanLD $465,000

Lot 12

500m2

MAKE OFFER SOanLD $465,000

Lot 14

500m2

MAKE an OFFER $465,000

Lot 17

484m2

MAKE OFFER SOanLD $435,000

Lot 25

450m

$435,000

Lot 34

761m

Lot 35

762m

Lot 36

762m2

MAKE OFFER SOanLD MAKE OFFER SOanLD

$595,000

MAKE OFFER SOanLD

$595,000

LAND FOR SALE Lot 30

472m2

MAKE OFFER SOanLD $325,000

Lot 38

529m2

MAKE an OFFER $339,000

Lot 53

511m2

MAKE OFFER SOanLD $355,000

Lot 54

410m2

MAKE anLD $315,000 SO OFFER

Lot 58

524m2

MAKE OFFER SOanLD $345,000

1300 526 301

MAKE an OFFER $595,000

Lot 37

749m2

MAKE an OFFER $590,000

Lot 38

642m2

MAKE an OFFER $560,000

Lot 39

637m2

MAKE an OFFER $560,000

Lot 40

637m2

MAKE an OFFER $560,000

44 Sandalwood Street, Thornlands majesticestate.com.au

bayside lifestyle. thornlands.

1300 526 306

MAKE AN OFFER

912 New Cleveland Road, Gumdale enclavegumdale.com.au

We’re clearing 2017FY stock to make way for a range of new 2018FY stock releases.

LAND FOR SALE

‘Make An Offer’ and secure a rare deal on quality, ready to build land of your choice.

Lot 200

411m2

MAKE an OFFER $305,000

Lot 202

557m2

MAKE an OFFER $320,000

Lot 209

250m2

an OFFER MAKE LD SO $247,000

1800 377 378

LAND FOR SALE Available while stock lasts, all reasonable oﬀers considered.

Lot 21

730m2

MAKE an OFFER $247,000

4 Harrington Boulevard, Thornlands esperanceestate.com.au

1300 526 303 40 Ritchie Road, Pallara prominenceheathwood.com.au

Interested parties must be able to sign a land contract by June 30. Finance support services available.

Display Home Centres Mango Hill Capestone Estate 1300 466 301 Open 5 days

Visit our 13 homes on display.

Rochedale Rochedale Estates 1300 466 304 Open 7 days

South Ripley Providence Estate 1300 466 303 Open 5 days

Thornlands Esperance Estate 1300 466 302 Open 7 days

Doolandella Treeline Estate 1300 466 306 Open 7 days

WELCOME THE great Australian dream of buying a home in the suburbs with a backyard for the children to play in, still well and truly exists in southeast Queensland. And for many of us the appeal is not just in the block, but the ability to build a brand new home on it. In this special edition of New Estates, we showcase some of the southeast Queensland region’s newest communities, estates and house and land developments. While high-density unit living attracts of lot of attention, there is still plenty of demand for new homes and land. Already 31,000 first home buyers hope to pursue their first home to take advantage of the Queensland Government grant which was boosted to $20,000 on new properties and now runs until December. And in the investment sphere, about 25,000 new home investors are keen to pursue house and land investment options for the depreciation benefits. Year after year, figures reveal homes in our masterplanned communities are more in demand than anywhere else. North Lakes has topped the list for the past couple of years, with the latest figures revealing 446 house sales in the past 12 months. Redland Bay is emerging as a real contender for top spot with 440 houses sold, followed by Kallangur, 422 and Forest Lake, 421. What results like this show is that demand is strong for house and land in estates which already have the infrastructure and amenity in place. Gone are the days when developers would just plop down a few houses in a brand new estate and the residents had to wait for the shops, schools and public transport to eventually follow. Master planning of new estates and communities now always include this at the forefront of the project. Southeast Queensland, with its affordable entry level, and of course fantastic weather, is becoming a magnet for those seeking a suburban lifestyle, at the right price point and with all the bells and whistles thrown in. Michelle Hele Brisbane Real Estate Editor

CONTENTS 5 Making the move Why the house and land option makes sense 8 Meet the neighbours New estates buyers share their stories 10 On the rise What’s driving the new estates boom? 12 Bright ideas changing the way we live Innovation is driving design trends 16 Figuring out the finance Understanding your house and land deal 18 Great estates guide Where to find your new estate 20 Park life the key to a positive lifestyle Green space is key to a successful community 22 Natural warmth Style your new home with the latest looks Read online at questnews.com.au/newestates Advertising: Dee A’Bear E: newsqldrealestate@news.com.au Published by News Corp Australia Produced by News Corp Studios Queensland newscorpstudiosqld.com.au

TONYA TURNER

NEW ESTATES

MAKING THE MOVE To renovate or to build? That is the question. Consider the following before you make the call

any people are familiar with renovating but find the idea of building a new home from scratch daunting. But buying a house and land package can, in reality, be an easier process than people think, with the payoff being that you get exactly the home you wanted, with guaranteed results. Andrew Rockley, Master Builders display village manager, says people often feel nervous when deciding whether to renovate or build, and for good reason. “It is a big financial commitment, one of the largest financial commitments you will make, and whenever your family home is involved it can be quite a daunting process,” he said. So what are the advantages of opting into a house and land package? Modern lifestyles and the way we live and entertain in our homes has changed over the years, demanding a different layout to those offered by many older homes. Even with major renovations, older homes can fall short. “In older homes, two living areas, a children’s retreat and a double garage with internal access isn’t that common,” Mr Rockley said. “With a new house and land package you’re getting the latest designs brand new with the

ability to modify to suit your needs rather than trying to manufacture something that’s existing into what you want. “Because you’re starting with a blank canvas you know what you’re going to get from the start and you can choose all the inclusions and requirements you want. You’ve got it all planned out from day one, there’s nothing that’s unknown like when you’re renovating.” The open-plan design of newer homes built to suit the particular piece of land on which they sit is also a major drawcard of house and land packages. Kitchens, dining rooms and living areas positioned to capture natural light and the best views interact seamlessly and often flow onto outdoor decks and patios, which combined, offer a communal space where families can gather and connect. There is no-one stuck in the kitchen removed from the rest of the family while

“Because you’re starting with a blank canvas you know what you’re going to get from the start and you can choose all the inclusions you want. You’ve got it all planned out from day one”

preparing meals or entertaining guests and floor space is optimised. Open-plan living is now the norm and a lot of older style homes in Queensland aren’t tailored to that. At the same time, second and often third living rooms offer flexibility and separation between family members when it’s needed, whether watching a movie in the media room or letting young children make as much mess as they want in the playroom. The advantages of house and land packages extend beyond the site itself. Often they are located within masterplanned communities designed with modern lifestyles in mind. From parklands for leisure and exercise, to shopping centres and schools — everything a vibrant community requires is there. Good resale value and sustainability benefits are other drawcards of new house and land packages. “People are certainly looking to capitalise on that product that meets that lifestyle and market requirement, so by accommodating all of those things they’re certainly giving themselves the best opportunity for resale,” Mr Rockley said. “A lot of the new homes are in tune with sustainability measures in regards to ventilations requirements and open-plan design and lightweight products which are very beneficial.”

Investors are also drawn to new house and land packages. As well as appealing to the market, new homes can provide excellent depreciation benefits and deliver a great result for relatively little work. “Often people buying for investment want a hassle-free process. They’re not as involved in the intimate detail of the home. The builder’s knowledge and expertise in what they do really takes the hassle out of the process because they site the house and design it to sit on the block. That’s where house and land packages are really a good option for the investment market,” he said. Compared to renovating, new homes can definitely offer more bang for your buck. Things you may have to spend a lot of money on when renovating are often included as standard in house and land packages. “A lot of people think you have to take a home as it’s displayed but that’s not true at all,” Mr Rockley said. “ You can change floor coverings and tiles and colour schemes as well as modifications to the layout where structurally you’re able to do so. There’s a whole range of packages.” Savvy buyers or those without pressing timelines can also wait for advertising and marketing campaigns that pop up from time to time offering valuable extras such as free airconditioning or bonus kitchen upgrades. There is nothing like visiting a display village to really understand the advantages of new house and land packages. Mr Rockley’s main piece of advice is to hit the road and see what’s on offer. “Go to a display village and talk to the professionals in this area. They’re doing it every day and they can give advice and guidance about how to get it right,” he said.

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NEW ESTATES

AMANDA LUCAS

MEET THE NEIGHBOURS Buyers of homes on new estates tend to fall into one of three groups — young families, downsizers or investors. Here, we meet those who have made the move and find out why they did it.

THE YOUNG FAMILY Sarah Williams and Hossein Moshtaghi (pictured, below) have no regrets at swapping their inner-city Ashgrove apartment for a slice of suburbia. The couple is happily established at Brentwood Forest in Bellbird Park after buying into AVID Property Group’s residential community last year. “We were renting a small unit in Ashgrove and were planning on having a family so needed a bigger space. Paying rent for so long is not very satisfying,” Ms Williams said.

Established homes didn’t excite the first home buyers, who committed to the residential estate option after being wooed by the amount of land available. “We also fell in love with designing something for ourselves and the display homes are so impressive, you just want to live in them,” Ms Williams said. A contract with Metricon Homes was signed before they embarked on an extensive

“shopping” experience, choosing all of the elements on their home. “You pick from a catalogue the base, and then go to more appointments for colours, appliances, carpets and tiles,” Ms Williams said. “It’s even deciding where every single electrical plug and light switch goes. It’s a lengthy process but it’s completely customised so it’s worth it in the end.” Despite the tremendous amount of choice available, and their lack of experience, Ms Williams said the build itself was quite simple.

“We got a loan for the land, and started paying for the land, and then we chose a builder after going into a display home,” she said. “We didn’t really look at a package as such because we liked this builder so we thought, we’ll go with them.” The planning was more intense than the construction, according to Ms Williams. “We found it exciting as you choose

everything, but it’s very lengthy. They do advise you but ultimately, it’s up to you.” Comfortably settled inside a four-bedroom home with nine-month-old son Daniel, the pair is willing to put up with a longer work commute to Brisbane’s CBD. “You can get so much more for your money here,” Ms Williams said. “It’s so much better to be in our own house than renting in a flat and, with a family now, it seems the perfect environment. There are a few parks and a real community feel.” It’s been a challenging but worthwhile venture where research was key. “I wished we had more of an idea of what we wanted because there is so much choice. Plan ahead as you get so many options you could be there for hours. Oh, and get on Pinterest.”

THE DOWNSIZERS Lorraine and Joe Passeri (pictured, right) last built a home more than 57 years ago, when they got married. The energetic pair, along with their cat Bondi, are getting ready to do it

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NEW ESTATES

“We fell in love with designing something for ourselves, and the display homes are so impressive, you just want to live in them” Sarah Williams, Brentwood Forest

trains within walking distance and just a short stroll to the shops, we could not get any closer if we tried,” Ms Passeri said. “We’ve been able to walk the block several times and drive past whenever we can to take a look where our new home will be. We can’t wait to move in.” Residents will be well-connected courtesy of the current light rail extension occurring nearby. The Surrounds is also neighbouring Westfield Helensvale and Coombabah Creek.

THE INVESTOR Location and potential growth convinced Mark Timms (pictured, below) to purchase two investment properties at the Ecco Ripley residential community, 9km from the Ipswich CBD. Mr Timms is preparing to welcome tenants into his traditional four-bedroom house as well as a duplex, both built by Sekisui House. “It’s good value for money and going to be close to the town centre,” Mr Timms said. all again at The Surrounds in Helensvale. The 89ha Villawood Properties development only recently launched, so construction on the Passeris’ “forever” home is yet to begin. “We wanted something smaller than our acreage home, something that we could manage ourselves well into the future,” Ms Passeri said. “We didn’t want to move out of Helensvale, we love the area and it has everything we need close by. We moved to Helensvale more than 30 years ago and haven’t left the area since.” They initially heard about the community from their real estate agent, after considering various options for more than 12 months. “We looked at the over-50s communities in the area but we didn’t want to pay the body corporate fees that went with it,” Ms Passeri said. “Knowing that we own this house and land is reassuring for our children and our future.” The lure of designing a new home also proved irresistible.

Their 406sq m lot, with 14.5m street frontage, will be the base for a three-bedroom, two-bathroom single-storey house. There’s also a handy study nook and a media room. “With our builders Stylemaster Homes, we were able to customise the interior layout by expanding the walk-in robe and ensuite, by removing the fourth bedroom,” Ms Passeri said. “Our home will be great when the kids come over with the open-plan living, dining and kitchen all flowing out onto our alfresco area. “Being able to customise our home to exactly what we wanted was perfect, it’s tailored to our needs.” Around 30 per cent of The Surrounds community, 30ha, will be green open space with parklands, a playground, barbecue areas and public art. It’s the perfect setting for the Passeris, who have only recently returned to the Gold Coast following a month-long road trip. “The convenient location really attracted us to The Surrounds, with the light rail on its way,

“You look at North Lakes and it’s just gone ahead leaps and bounds, so I think this will too.” The Ripley Town Centre will be the hub of the Ripley Valley, with the first stage expected to open in March next year. Mr Timms has previously experienced purchasing house and land in an estate, but that was on the Sunshine Coast. He’s always found the process to be straightforward. “It’s very easy and they pretty much do everything for you,” he said. “I’ve been pretty happy with the quality so far.” As an investment option, masterplanned communities can be a savvy move. “It’s a lot easier to rent a new property than an older, existing property,” Mr Timms said. “There’s also the advantage of depreciation and so forth.” Ripley’s position to nearby Amberley air base prompted Mr Timms to consider leasing his properties to Defence Housing Australia, for house defence personnel. “You do have strict criteria to meet, like making the outdoor area large enough,” he said. “As long as you know the criteria and build to that, then it shouldn’t be an issue.” According to Mr Timms, there is a number of advantages on offer for investors considering buying into Ecco Ripley. “You get everything exactly how you want it and there are so many options from different builders. Sekisui House has quite a few options you can go with. “The prices are attractive and it’s easy to rent because the properties are new and appealing.” He has one simple recommendation: “Just do your homework.” Ripley Valley’s population is projected to reach 120,000 by 2036. The $500 million masterplanned Ecco Ripley community will have 2000 homes, across 194ha by its expected completion date of 2033. Japan-listed residential developer Sekisui House is behind both Ecco Ripley and Ripley Town Centre.

NEW ESTATES

TONYA TURNER

ON THE RISE

Demand for house and land packages around Brisbane is surging, as smart new estates attract a new class of buyer

he state of the property market is never far from the headlines but neither is it a straightforward tale. While the oversupplied apartment market has seen values fall, new house and land developments are in demand across southeast Queensland, showing steady growth over the past five years. New communities are springing up on the

city’s northern, western and southern fringes, as well as in pockets closer to town. Median house prices across the region have increased steadily from $435,000 in 2012 to $490,000 in 2016 and according to Real Estate Institute of Queensland chief executive Antonia Mercorella, 2017 is looking to be another bumper year. “Looking at the real estate markets throughout Queensland we know that the southeast corner is the powerhouse, with consistent long-term capital growth and favourable economic conditions, including lower unemployment rates, better wages, growth conditions and good infrastructure and services,” Ms Mercorella said. Master Builders display village manager Andrew Rockley has seen first-hand how well the market is performing. “All of our display villages are trading well. There is good demand across the board in southeast Queensland,” he said. Rising inner-city property prices are one of the forces pushing buyers to the urban fringe, but other economic factors are also contributing to strong demand. “While Queensland does not face an affordability crisis, buying property remains the biggest purchase decision that many people will ever make in their lifetime,” Ms Morcerella said. “Wages growth is flat so people are looking for maximum value for their spend. In real estate this translates to looking for affordably priced property that does not sacrifice amenity or can offer an attractive lifestyle element,

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“Wages growth is flat, so people are looking for maximum value for their spend. In real estate, this translates to looking for affordably priced property that can offer an attractive lifestyle element”

which house and land packages are able to do in increasingly sophisticated ways.” As for what is set to trend over the next five to 10 years, an increase in demand from specialised markets is forecast. “While it’s impossible to predict exactly how this segment of the market will evolve over the next five to 10 years, we know that Queensland leads the world in the development of house and land packages and masterplanned communities,” Ms Mercorella said. “From our earliest forays into this area in the very early 1980s, we can see how dramatically they have evolved. What we’re starting to see is more precise targeting of different demographics and it is likely we may see even greater segmenting develop with increased specificity. “In the US, there are masterplanned communities under construction that are philosophy based such as one that has a shared community organic garden, with community cooking classes offering farm-toplate courses. This focus is all about reducing the carbon footprint and sharing resources.”

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NEW ESTATES

AMANDA LUCAS

BRIGHT IDEAS CHANGING THE WAY WE LIVE From wired-up smart homes to designs that comfortably accommodate multiple generations of one family, innovation is driving choice across the new build sector

AND restrictions, affordability and increasing pressures to adhere to strict eco-friendly measures have created a tide of innovation across southeast Queensland’s residential estates. Pioneering approaches are changing the appearance and liveability of these communities as developers and builders adjust to meet market demand and attempt to design for the future. An excursion to Lendlease’s Yarrabilba community, lit with LED streetlights, reveals a number of initiatives which are contributing to the shaping of modern estates. Households are voluntarily participating in

the Virtual Power Station (VPS) 2 project, a pilot scale trial of monitoring enhanced solar PV control systems. The VPS initiative, in partnership with the CSIRO, will provide a lead-in to further work on community solar storage and micro-grid applications. A more obvious addition is a Tritium Veefil fast electric charger. The Veefil improves the convenience of driving an electric vehicle, reducing charge time down from overnight to around 30 minutes. Yarrabilba’s Veefil is only the sixth to be installed in Queensland, and is not restricted to residents. It’s available to use at Yarrabilba’s sales and information centre, which is made entirely from Cross-Laminated Timber (CLT). CLT is used as an alternative to concrete and steel, and has a far lower carbon footprint than other building materials. Managing director of Lendlease’s communities business in Australia, Matthew Wallace said Lendlease is committed to creating and delivering innovative and sustainable communities. “The use of CLT in the construction of the sales and information centre and the Tritium

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NEW ESTATES 13

Stockland

“New homes designs are responding to the needs of today’s buyers, who are looking for smart, liveable homes that embrace the latest trends and technologies”

Sovereign by Metricon Homes Queensland

Veefil fast electric charger are just two examples of creating a sustainable, costeffective, safe and innovative solution that sets us apart from our competitors,” he said. Residential developer Stockland shares a similar focus in delivering the latest designs for innovative, sustainable and affordable homes. Stockland community houses are energyefficient, flexible, and maximise space and functionality.

Kingsley Andrew, general manager for Stockland, said the new home designs are a response to buyer demand for a luxury lifestyle at an affordable price. “New homes designs are responding to the needs of today’s buyers, who are looking for smart, liveable homes that embrace the latest trends and technologies and don’t compromise on quality,” Mr Andrew said. The latest innovations in sustainability are seeing builders create homes that complement a specific location and natural environment. “Our Mainwaring Collection townhomes range on the Sunshine Coast has 2.7m-high ceilings, coupled with voids between floors and light wells,” Mr Andrew said. “This design, combined with high level windows in the stairwell, allows hot air to escape effectively through the roof and also ensures the homes capture northeast sea breezes. They also serve as a way of improving access to natural light to the internally located spaces of the townhome.” Buyers are also seeking home layouts that offer space, flexibility and room to grow. “At Pallara, we’re seeing first home buyers looking for three bedroom homes with an additional adaptable fourth room, to be used as a study, media room or bedroom as the homebuyer’s requirements change over time,” Mr Andrew said. “Smart Villas at our Vale at Holmview community are taking this concept even further. These villas are sustainable and expandable, designed so that an additional >>

NEW ESTATES << Mainwaring Collection by Stockland

Hampshire by Burbank Homes

bedroom and ensuite can be built on to the home at a later date.” MyStyle Homes co-owners Heather Ghidella and Grant Hartwig have collected a swag of Master Builders Housing & Construction Awards. Their company is recognised for its ability to design for a specific environment, and the MyMirage 261 display home at Smithfield, Cairns, earned them last year’s Master Builders Queensland State Award for Excellence in Sustainable Living. “Here in Cairns and in the tropical region we live differently,” Ms Ghidella said. “This is why we have designed our house noting design principals over the past 100 years and incorporated them into tropical modern houses. “From the traditional Queenslander, we understood what has been done well in the past and we gave it a modern twist.” Burbank Homes, which has display homes in Pimpama, South Ripley, Thornlands, Mango Hill and Upper Coomera, is leading the way in socially inspired innovation with a new home designed to address changes in the way Australian families are living. Described as a “multi-gen” home, the Silkstone features four bedrooms and three bathrooms, along with an entirely independent living space to accommodate grandparents, adult children, or simply a relative or friend. The move responds to customers’ desire to include other generations in the housing unit, while maintaining some privacy and independence for all concerned. “Across the decades, we have noticed a real

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NEW ESTATES 15 shift in the demands of growing families, which is where inspiration of the Silkstone design was originally derived,” managing director Jarrod Sanfilippo said. “With the kids staying at home longer these days due to the difficulty of breaking into the housing market, paired with the grandparents often assuming residency in spare bedrooms, something had to change - space had to be better utilised to enhance the functionality of the home,” he said. With two kitchens, two dining rooms and two living areas, the Silkstone makes intergenerational coexistence that much more harmonious. In a design trend inspired by Queensland’s architectural heritage, the Penfold Property Group has launched a new cottage design at its Doolandella and Ellen Grove communities. The Town Cottages offer a classic look reminiscent of inner-city Paddington and Red Hill workers cottages, at a fraction of the price and with plenty of modern inclusions. From the picket fence to the fretworked timber verandah, high ceilings and open floorplans, the cottages ooze heritage charm with no renovating required. “Penfold Property Group is leading the way in providing unique alternatives for homebuyers who are seeking a home rich in character with the benefit of modern finishes,” managing director Marc Wilkinson said. Coral Homes prides itself on securing new home buyers outstanding value for money, which means maximising living on narrow lot sizes.

Town Cottages by Penfold Property Group

“With the kids staying at home longer these days ... paired with the grandparents often assuming residency in spare bedrooms, something had to change”

MyStyleHomes

“Building up is certainly one solution,” Coral Homes spokesperson Glenn Kennedy said. “The Boston Series of two-storey homes are designed to suit narrow 12.5m to 14m-wide lots however smart design means they will still incorporate all the accommodation needs you would expect to find in a large family home.” “Families could comfortably live in these smart homes which incorporate four bedrooms, two living areas and open-plan indoor-outdoor; they even accommodate two small cars,” he said. With a smartphone and a pair of cardboard

goggles, it is now possible to tour a Metricon Homes design anywhere, anytime. Metricon Homes Queensland general manager Peter Ryan said the reaction from potential costumers has been positive. “Our younger customers have been the most enthusiastic about the initiative,” he said. “It’s proving most useful for our display customers, particularly for customers interested in homes we don’t have on display. “It’s also popular for those who have spent all day looking at display homes as it gives them the opportunity to revisit the home whenever they like.” Mr Ryan said the virtual reality technology is an exciting customer experience which sets Metricon apart. “This technology offers the most benefit to our regional customers; it offers a valuable and completely unique experience while solving basic geographical challenges.”

NEW ESTATES

STEPHEN NADIN

FIGURING OUT THE FINANCE Buying a house and land package is a bit more involved than a traditional finance arrangement but a few simple steps can streamline the process

ARRANGING the finance to buy a house and land package can be different to purchasing an existing house. Financing for a house and land package usually consists of two steps: buying the land and then building the house. The loans can be arranged separately, but are more commonly bundled together. Buying the land is a standard real estate transaction with a regular mortgage, but the second step requires a construction loan where the would-be owner draws down an agreed amount to pay for each stage as their property is built. That way, they only pay interest on the money they are using at each stage. A Housing Industry Association (HIA) spokesman said consumers should shop around different lenders to check the options on offer and consider the lender’s track record before committing themselves. “Mortgage insurance can be an unexpected

cost if people are borrowing more than 80 per cent of the price level,” the HIA spokesman said. “So it’s a qood idea to save and have a higher deposit.” He also said consumers should try to negotiate a better interest rate with a lender. New home buyers who qualify for the Queensland First Home Owners’ Grant may receive $20,000 towards building their house and land package, extended to the end of December in this month’s State Budget. Master Builders deputy CEO Paul Bidwell welcomed the extension of the grant. “We are confident that it will stimulate more demand from first home buyers,” he said. In addition, there are stamp duty benefits when building a new home as the stamp duty is calculated on the land price for house and land packages, whereas it is calculated on the total sale price of a property for established housing. The construction loan is designed to assist people who are building from scratch. It allows progressive drawdowns and will typically be interest-only during the building stage then revert to a standard principal and interest loan upon completion. The amount available to borrow will be in part based on the value of the property upon completion. In last month’s Federal Government budget, a new savings arrangement for first home buyers was announced.

“Mortgage insurance can be an unexpected cost if people are borrowing more than 80 per cent of the price level. So it’s a good idea to save for a higher deposit”

From July 1, first homebuyers will be able to salary sacrifice into their existing superannuation account — above and beyond their existing payments — in a bid to supercharge their saving. The First Home Super Savers Scheme will allow people to use their superannuation account like a savings account but with the additional tax benefits. First home buyers would be allowed to contribute up to $15,000 a year into the

account, limited to a total of $30,000. Any earnings in the scheme would be taxed at 15 per cent. This is not not the first attempt to use a concessional tax structure to help people save for a housing deposit. The former Labor Government’s First Home Saver Accounts, announced in 2007 and later abolished on July 1, 2015, offered an 18 per cent government co-contribution up to an annual contribution of $6000. Russell Investments head of master trust and superannuation, Tim Furlan, said the stated reason for abolishing those original accounts was the take-up rates, which were lower than forecast. “It’s not clear that this new arrangement will lead to a significantly different outcome, or that it is any more than a political response to the housing affordability issue,” he said.

3802 – QBCC Lic. No. 15007714

GIVING YOUR DREAM THE RESPECT IT DESERVES

Visit our display homes at Rochdale, Newport and Sunshine Coast. PHONE (07) 2101 3803 porterdavis.com.au/QLD

Images are for illustrative purposes only.

WE DON’T JUST IMAGINE THE FUTURE. WE BUILD IT. Ecco Ripley is proud to introduce its new neighbourhood, Lighthaven. Offering unrivalled connectivity to the next generation $1.5bn Ripley Town Centre, the convenience of shopping, entertainment and dining, healthcare and education will be just a short walk away. Stage one of the Ripley Valley’s primary Town Centre will open in March 2018. The buzz of inner city life is perfectly balanced with the tranquillity of nature - no matter which home site you choose, you’ll be no more than 200m from over 10ha of extensive parklands and open space. An array of new home options will be available, all NBN ready and connected to natural gas. The options are many, including your choice of builder, but the key is to act now. Lighthaven land is limited and will be highly sought after so register now for our first release.

LAND FROM

$172,000*

TURN KEY HOMES FROM

1800 RIPLEY | eccoripley.com.au Drop by the Visitor Centre, open 7 days 10am-5pm. Display Homes now open 7 days. 582 Ripley Road, Ripley *Prices correct as at June 2017 and subject to change and availability. Average land price is $197,731. Average turn-key homes price $351,561. $317,000 relates to duplex unit Lot 353A Waterfern Way, Ripley. All purchases are subject to contract terms. Sekisui House Services (QLD) Pty Limited. QBCC 1154622.

$317,000* NOW UNDER CONSTRUCTION

Parklakes 2 Aura Pelican Waters

GREAT ESTATES GUIDE

North Harbour

North Lakes

Capestone Estate

From entire new cities to boutique developments, thereâ&#x20AC;&#x2122;s a community around Brisbane to suit you

Nudgee Place

Carindale Heights

Ecco Ripley Estate Providence Estate

Esperance Treeline Waterline Hampstead The Rochedale Arbor Heath Estates Springfield Lakes River Oaks

Jimboomba Woods Denotes a Master Builders development

Yarrabilba

Pacific Cove Gainsborough Greens Coomera Retreat

ARBOR 500 Waterford Rd, Ellen Grove Developer Penfold Property Group Builders Penfold Property Group AURA 1 Bells Reach Dr, Caloundra West Developer Stockland Builders Ausmar Homes, Bold Properties , Coast Life Homes, Coral Homes , Dwyer Quality Homes , Grandview Homes, Integrale Homes, McDonald Jones, Metricon, McLachlan Homes, Morcraft Homes, Oracle Platinum Homes, Pantha Homes, Planbuild Homes, Plantation Homes, Stylemaster, Thompson Sustainable Homes, Vantage Homes CAPESTONE ESTATE Wallace St, Mango Hill Developer Urbex Pty Ltd Builders Stylemaster Homes, Clarendon, Ausbuild, McCarthy Homes, Aston Milan Homes, Plantation Homes, Ownit Homes, Burbank Homes CARINDALE HEIGHTS Hereford Cres, Carindale Developer Konnect Group Builder Vantage Building Group

COOMERA RETREAT Corner of Days Rd and Old Coach Rd, Upper Coomera Developer QM Properties Builders Bella QLD Properties, Burbank Homes, Clarendon Homes, Coral Homes, Fresh Homes, McDonald Jones Homes, Metricon Homes, Ownit Homes, Perry Homes, Simonds Homes, Spectrum Homes ECCO RIPLEY ESTATE 12 Brooking Rise, via 582 Ripley Rd, Ripley Developer Sekisui House Builders Sekisui House, Integra Homes, Classic Homes ESPERANCE 305 Cleveland-Redland Bay Rd, Thornlands Developer Ausbuild Builders Perry Homes, Oracle Platinum Homes, Ausbuild, Valeco Homes, Pantha Homes, Bella Queensland Properties GAINSBOROUGH GREENS Corner of Yawalpah Rd & Swan Rd, Pimpama Developer Mirvac Builders Adenbrook Homes, Aston Milan Homes , Aushomes, Bounds Homes, Colossal Homes, Indigo Homes, Metricon,

CARiNDAlEâ&#x20AC;&#x2122;S FiNAl lAND RElEASE. SECUR BRiSBANE CBD WESTFiElD CARiNDAlE

NEW ESTATES 19 Builders Green Earth Homes, Hotondo Homes, Planet Homes QLD, Platinum Homes, G.J. Gardner Homes, Look Homes. RIVER OAKS 1142 Stockleigh Rd, Logan Village Developer QM Properties Builders DR Homes, Stroud Homes, Metricon

HOME OPTIONS: The Trend facade and kitchen interior at Konnect Group’s boutique Nudgee Place development.

Palladio Homes, Planbuild Homes, Plantation Homes, Stroud Homes, Stylemaster Homes

HAMPSTEAD HEATH 63 Crossacres St, Doolandella Developer Penfold Property Group Builders Landmark Building and Developments JIMBOOMBA WOODS Cnr Mundoolun Rd and Peppertree Dr, Jimboomba Developer QM Properties Builders Metricon Homes, Stroud Homes, Oracle Platinum Homes, Mish Developments and G.J. Gardner Homes NORTH HARBOUR Cnr Buckley Rd & Moreton Bay Blvd, Burpengary East Developer Northeast Business Park Pty Ltd. Builders Bold Properties, Coral Homes, GJ Gardner, Hallmark Homes, Homes by CMA, Integra Homes, McDonald Jones Homes, McLachlan Homes, Metricon Homes, Pantha

Homes, Simonds Homes, Sunvista Homes, Stylemaster Homes, Valeco Homes NORTH LAKES Cnr Endeavour Blvd and Plantation Rd, North Lakes Developer Stockland Builders Coral Homes, G.J. Gardner, Homes by CMA, McDonald Jones Homes, McLachlan Homes, Ownit Homes, Pantha Homes, Plantation Homes, Stroud Homes, Valeco Homes NUDGEE PLACE Weyers Rd, Nudgee Developer Konnect Group Builder Vantage Building Group PACIFIC COVE Sudbury Dr, off Kerkin Rd, Pimpama Developer QM Properties Builders Aus Homes, Burbank Homes, Coral Homes, Dwyer Quality Homes, GJ Gardner Homes, Hallmark Homes, NuTrend Homes, Oracle Platinum Homes, Stroud Homes, Unique Homes, Visual Diversity Homes PELICAN WATERS Sydney Avenue, Pelican Waters Developer Pelican Waters

THE ROCHEDALE ESTATES 281 Gardner Rd, Rochedale Developer Aveo Group Builders Aston Milan Homes, Ausbuild, Chelbrooke Homes, Clarendon Homes, Coral Homes, DC Living, G.J. Gardner, Heisig Constructions, IDH Custom Builders, Indigo Homes, Kalka, McCarthy Homes, McDondald Jones Homes, Metricon, Nuvo Homes, Own It Homes, Plantation Homes, Porter Davis Homes, Simonds Homes, Steve Parcell Building Services, Visual Diversity Homes PARKLAKES 2 2 Agnes Place, Bli Bli Developer Parklakes 2 Builders Ausmar Homes, Dwyer Quality Homes, G.J. Gardner Homes, Hallmark Homes, Integrale Homes, Look Homes, P.A & D.S Burns, Stylemaster Homes, Stroud Homes PROVIDENCE ESTATE Harmony Crescent, South Ripley QLD Developer AMEX Corporation Builders Metricon, Plantation Homes, Stylemaster, Ausbuild, Bold, Burbank Homes, Simonds, Mish, Plan Build Homes

Homes, Invision Homes Pty Ltd, McCarthy Homes, Metricon, Nuvo Homes, Oracle Platinum Homes, Ownit Homes, Plantation Homes, Steve Parcell Building Services, Stylemaster Homes, Valeco Homes, Visual Diversity Homes TREE LINE Doolandella Peacock St, Doolandella Developer & Builder Ausbuild WATERLINE OFF CLEVELAND Redlands Bay Rd, Thornlands Developer Villa World Builders Bella QLD Properties, Burbank, Clarendon Homes, DR Homes, G. J. Gardner Homes, Metricon, Simonds, Stroud Homes, Valcon Homes YARRABILBA Darrau Ave (off Yarrabilba Dr), Yarrabilba Developer Lendlease Builders Bella QLD Properties, Bold Homes, Burbank Homes, Clarendon Homes, Coral Homes, Dwyer Quality Homes, Genesis Homes, Hallmark, Integra Homes, Invision Homes, McDonald Jones Homes, Metricon Homes, Oracle Platinum Builders, Paradigm Homes, Plantation Homes, Queensland One Homes, Simonds Homes, Valeco Homes

Brought to you by

SPRINGFIELD LAKES Sunset Place, Springfield Lakes Developer Lendlease Builders Bella Properties (QLD), Clarendon Homes, Coral Homes, Fresh Homes, Hallmark

URE yoUR HoUSE & lAND PACkAGE ToDAy! perfectly connected • • • • • • • • • •

12km South-East of Brisbane’s CBD 1km to Cribb Road East Bus Stop 20 minutes to Brisbane’s international & domestic airports 5 minutes to major arterials to both the North & South coasts 10 minutes to Westfield Carindale 15 minutes to Griffith University Nathan Campus 15 minutes to Griffith University Mount Gravatt Campus 5 minutes to the Pacific Golf Club Minutes from major hospitals such as Belmont Private Hospital & Princess Alexandra Hospital Minutes from a range of public & private schools such as Belmont State School, Mansfield State High School & Citipointe Christian College

preMIUM InclUSIonS • • • • • • • • • • • • • • •

Full ‘turn-key’ / ‘rent ready’ Modern façades Exposed aggregate concrete to driveway, porch & paths Tiles to alfresco Stone benchtops throughout Quality stainless steel appliances Gas cooktop Soft-close drawers to kitchen Ceiling height 2550mm throughout (for single storey designs) Ceiling height 2550mm to lower level & 2400mm to upper level (for two storey designs) Air-conditioning to main living area & bedroom 1 Security screens Window furnishings (blockout roller blinds) Mirrored sliding doors to bedroom robes Fully landscaped, including turf, 1.8m high timber fencing, letterbox & clothesline

fIxed prIce tUrnkey hoUSe & land packageS froM $720,000 call noW to SecUre yoUr package! 1300 903 003 info@carindaleheights.com.au

NEW ESTATES

STEPHEN NADIN

PARK LIFE THE KEY TO A POSITIVE LIFESTYLE Not many people want to live in an area without green space, so what role does it play in a new community? And can it also enhance the surrounding area?

house with a backyard is still considered The Great Australian Dream by many people – but as lot sizes shrink and backyards become smaller, people find themselves looking elsewhere in their communities for outdoor spaces to enjoy. A community needs more than just houses and lawns to thrive, with community green spaces being an important part of new developments both in Brisbane and throughout Australia. Postdoctoral research fellow at The University of Queensland’s School of Architecture, Dr Kaan Ozgun said green space had an important role to play in new housing developments. “In general, green spaces increase the wellbeing of community and urban environmental quality,” he said. “Some of the key benefits are to provide

fresh air, create opportunities for social and environmental interaction, increase urban biodiversity, reduce urban heat island effect, and expand the urban porous surface. “Following its well-known benefits, the demand for green spaces becomes imperative because cities around the world are facing new challenges as a consequence of climate change. This trend begs a new definition of what good green space is. “Green spaces are invaluable to any new development, not only for providing public amenity for local community but also for performing as a green infrastructure to reduce the severe impact of climate induced incidents like floods, droughts, and earthquakes.” He said there were different rules for different-sized developments. “For example, in our research we are dealing with various development types from infill to new developments,” Dr Ozgun said. “Each type has its own limitations and potentials. With new developments, we have the luxury to accommodate larger and multifunctional green spaces that address the aforementioned issues while providing recreation. “With infill development, green spaces are limited to the private gardens and their

2 G E IN G A LL T S SE W O N

“Green space means different things to different people ... some key things people want are shade and shelter, off-leash areas for dogs, and playgrounds that entertain children of all ages”

Brisbane CBD (15 minutes away) Nudgee Train Station (1 minute away)

NEW ESTATES 21 possible reconfiguration. It requires more work, fine tuning and co-operation with property owners. “At the end of the day, good and bad green space is relative to the original purpose. Does the new development genuinely propose a green space that functions as part of a city green network or is it just ticking the box because the policies require to accommodate x per cent green spaces?” Villawood Properties state manager for development Michael Williams said green space was becoming increasingly important in developments, particularly as lot sizes decreased. “You need green space to counteract that; people still want access to it for kids, dogs, sport and similar things,” he said. There were two elements to green space, Mr Williams said – passive, which was about creating environmental spaces and green corridors for wildlife and so forth; and active which was spaces such as parks, playgrounds, shelters and barbecue facilities. “The idea is everyone in the estate can walk to a park; that drives the community space,” he said. “If people have to jump in a car, it’s not really an active space – you want people to be able to cycle there or walk.” Design elements such as ensuring there were more than one barbecue and one shelter,

as well as open areas, were important to ensure more than one group could use the space, he said. “You’ll spend a lot of time making sure there are multiple spaces; we make sure there are multiple elements in playgrounds – something for infants, schoolchildren and even older kids,” he said. Urban Development Institute of Australia Queensland president Stephen Harrison said green spaces within new developments also served the existing community. “Green and open space is an opportunity for residents in terms of lifestyle, whether it be to provide relaxation, opportunities for play or exercise. There is also the potential to use open spaces to collect and treat stormwater to protect surrounding waterways,” he said.

“There are different requirements for green space dependent on the size and location and the local government area. The institute’s research foundation, presented by Construction Skills Queensland, has uncovered what aspects people want from green space. “It is important to realise however, that green space means different things to different people, for example it can be provided as public or private green space. “But some key things people want are shade and shelter, off leash areas for dogs, attractions like a variety of play equipment, and playgrounds that entertain children of all ages. “It’s also interesting that people will travel significant distances to enjoy a good regional park experience like New Farm Park or Rocks Riverside Park.”

ROOM TO MOVE: Ample space to walk and play is a key factor drawing more people to choose house and land options.

FIXED PRICE HOUSE & LAND FROM $603,200 Only 500 metres from Nudgee Train Station!

PERFECTLY CONNECTED

PREMIUM INCLUSIONS

• 13km North-East of Brisbane’s CBD • 500m to Nudgee Train Station • 10min to Brisbane’s international & domestic airports • 5min to major arterials to both the North & South coasts • 4min to the Australian Catholic University • 3min to Banyo Retail Centre • 10min to Nundah Village • 13min to Westfield Chermside • 8min to St Joseph’s Nudgee College • 5min to Earnshaw State College

• Full ‘turn-key’ packages • Modern façades • Exposed aggregate concrete to driveway, porch & paths • Tiles to alfresco • Stone benchtops throughout • Quality stainless steel appliances • Gas cooktop • Soft-close drawers to kitchen • 2550mm ceiling height throughout • Air-conditioning to main living area & bedroom 1 • Security screens • Window furnishings (blockout roller blinds) • Mirrored sliding doors to bedroom robes • Fully landscaped, including turf, 1.8m high timber fencing, letterbox & clothesline

VISIT THE DISPLAY TODAY! Weyers Road, Nudgee p: 1300 903 003 e: alex@vantageatnudgeeplace.com.au

NEW ESTATES

CASSANDRA HOUGHTON

NATURAL WARMTH

MAIN IMAGE: Black Beauty art print, $135, urbanroad.com.au

Luxe elements combine with organic authenticity this winter to make your home a cosy, inviting retreat. Choose rich tones of emerald and midnight, lush velvet and earthy terracotta and weave in a touch of folklore charm for a distinctive, creative finish 1 Santa Rosa Plate, $17.95 $39.95 each, Pillow Talk 2 Mali basket with lid, made from seagrass, $49.95, Pillow Talk 3 Moroccan Wool Pom Pom Zina cushion cover, from $125, barefootgypsy.com.au

4 Amalfi Dexter Lantern, set of two in Emerald/Dark blue, $59.95, amalfihomewares.com.au 5 Salt&Pepper Nomad Mug Tall Blue 400ml, $14.95, Gifts for You at Westfield Garden City

AUSBUILDâ&#x20AC;&#x2122;S

EOFY SALE ON REGISTERED LAND HURRY, ENDS 30 JUNE 2017

Speak to a Home & Land Consultant or visit ausbuild.com.au/terms for more info. QBCC 21710 | CM170621

6 Dramatic Sky 3 fine art print with raw oak frame, from $270, wall-style.com.au

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