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Avid Property’s Mini-Lots Keep The Tempo For Home Ownership

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Avid Property Group’s latest house and land offerings claim to be the innovative solution to ensuring the ‘great Australian dream’ still lives on.

The company’s ‘Tempo’ offerings were made available at AVID’s Brentwood Forest community in Queensland and Savana in Victoria, and are built on freehold lots as small as 150 square metres.

Tempo homes are the smallest lots possible within the Ipswich LGA planning scheme and were built in a variety of configurations to add diversity the streetscape.

AVID Property Group General Manager Queensland Bruce Harper said Tempo homes were the result of collaboration with leading designers to offer homes architecturally designed to maximise small lots.

“The Tempo range is satisfying the desires of both apartment and house hunters with affordable, easy to maintain properties, which still benefit from the capital appreciation enjoyed by freehold houses,” Mr Harper said.

“Tempo homes really fill a gap in the market for people who still want to own their own home at an affordable price but don’t want to buy into the sort of community title arrangement of attached housing.

“Tempo homes have been particularly popular with first home buyers or down-sizers, and suit people who are looking for an easy to maintain home without the hassle of lots of yard maintenance.”

While national house prices increased nearly 20% over the last five years, household incomes rose by just 9.2%, putting the attainability of home ownership in question for a growing number of Australians.

Mr Harper said he’s seen quarter acre blocks (1,000 square metres) become virtually extinct over the past 40 years in the industry, and even lots half that size become far less common.

“We are now seeing some lots as small as 50 square metres, and some attached terrace apartment buildings with frontages are small as 6.5 metres, and this is not only happening for inner city developments,” he said.

“Developers are increasingly responding to changes to more complex local council planning laws with small block options and fixed price house and land packages.

“Skillful designs are needed to produce small lot homes that are attractive, sustainable and affordable, and affordable does not have to mean a downgraded lifestyle.

“This comes down to clever design that maximises natural airflow, light and utilises clever storage options.

“High ceilings create a sense of space and encourage ventilation and the use of light materials not only make a room feel bigger, but also minimise the carbon footprint of the homes and reduce their thermal load.”

 

Originally Published: https://www.theurbandeveloper.com/

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Developments

Affordability has underpinned growing demand for new land in the Ipswich corridor

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Affordability has underpinned growing demand for new land in the Ipswich corridor

Providence at Ripley Valley Source: Supplied

AFFORDABILITY has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

Affordability has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

As a result of the continued strength of the Ipswich land market, the group has released a new stage in its Horizons precinct of the Providence South Ripley master-planned community.

The eight lots are priced from $200,700 and range in size from 350sq m to 448sq m.

Providence project director Michael Khan said their confidence in the area was backed by research by Oliver Hume, which revealed the Ipswich local government area had the strongest growth of any market in southeast Queensland for new land.

In the three months to the end of September, Ipswich’s average price for the new land was up 3 per cent compared with the June quarter to an average of $198,950.

The number of new land sales increased during the quarter by 25 per cent with a total of 637 sales.

Providence at Ripley valley Source: Supplied

Providence at Ripley valley Source: Supplied

Mr Khan said the relative affordability of the Ipswich and Ripley Valley area, particularly when compared to interstate markets, continued to drive demand for new land in the area.

“Value for money remains one of the most important factors for buyers and maximising every dollar when it comes to the location and access to amenities is extremely important,” he said.

The latest release in Horizon is close to the planned town centre area and district park.

The entire Horizon precinct has 280 lots, two parks, the planned Providence Town Centre and a future Prep to Year 12 school.

The $60 million Horizon precinct sits within the $1.2 billion Providence project which is a masterplanned community in the Ripley Valley growth corridor.

Oliver Hume Queensland general manager Matt Barr said the Ripley Valley was popular because it was close to major job nodes in Ipswich, Amberley and Springfield.

He said during the next decade hundreds of people would move into the area every month and he tipped that to continue for some time.

Originally published: www.news.com.au

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COSTCO: Work starts at Ipswich site, sparking jobs boom

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Work has started on the Costco site in Bundamba.Rob Williams

THIS time next year Ipswich families could be dressing their Christmas tables at Costco.

Work has started to prepare the site for the new store at Bundamba but the first customers won’t be able to fill their oversize trollies until late 2018.

It is expected Ipswich families will be able to shop at the new Costco store by next Christmas which means there might be some foreign festive surprises on tables.

The good folks at Costco are responsible for importing fun and quirky stock into the country to dress festive tables like they do in America.

A six-foot high Santa or nutracker, 160 tins of cookies, bulk gingerbread and a five-pack of whole turkeys are available to buy overseas.

Costco Managing Director Patrick Noone said the warehouse would stock all the latest products from the US, including seasonal items such as Halloween and Christmas decorations.

Costco’s North Lakes store opened in 2014, bringing more competition to market and driving down prices, most notably in the fuel sector.

This is commonly referred to as “the Costco effect” which has been clearly displayed at the North Lakes store.

“We will have the lowest prices and it’s up to others to compete with that,” Mr Noone said.

Costco will offer two types of membership: Business, worth $55 and Gold Star, worth $60.

Business members qualify by owning or operating a business while Gold Star membership is available to individuals.

The store will be open seven days a week.

The massive site, opposite the Puma travel centre, will cover 13,750 sq m – the equivalent of two football fields – and create 280 permanent jobs.

The on-site petrol station will include 24 bowers with 825 car parking spaces for the main warehouse.

Construction will take about eight months and create another 80 jobs.

What’s in the Costco Christmas aisle

  • Popcorn and fruit themed gift baskets
  • Seven-and-a-half, nine, and 12-foot high Christmas trees
  • Toys and puzzles
  • Fresh-cut holly wreaths
  • Nativity scenes
  • Light-up teddy bears
  • D’Artagnans Duck Magret Breast and Duck Leg Confit
Industrial site at Bundamba where a new Costco will be built.
Industrial site at Bundamba where a new Costco will be built.Sarah Marshall

Grocery and food giants descending on Ipswich

IPSWICH consumers in the mood to buy and to eat are in luck.

New shopping centres and stores are popping up all over the city while international brands take their pick of sites in what is shaping up to be a battle of the retail giants.

A Coles supermarket and 12 speciality shops will be added to Woolworths in Karalee Shopping Centre in the new year.

When complete, the new-look centre will double the size of the suburban hotspot.

On the other side of town, American burger chain Carl’s Jr Burger are setting up their grills on Brisbane St at West Ipswich while on the next block, a private developer is building a seafood takeaway shop.

West Ipswich isn’t the only Carl’s Jr Burger coming to town with another being set up beside Krispy Kreme Donuts at Redbank Plains in the coming months.

Originally Published: www.qt.com.au

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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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