Wednesday 19 September 2007
Strong demand at Devine's 'Cedar View' residential community in
Redbank Plains has prompted the pro-active developer to program the
release of a further 118 lots in October.
The blocks will range in size from 350sqm to 741sqm, and average
approximately 544sqm. They will range in price from $139,000 to
$163,000.
House-and-land packages will range from $313,000, and average
around $340,000. All Devine homes have functional layouts to
maximise the amount of useable space, and an easy-care front and
rear yard.
Devine has been delighted with the rapid sell-out of the 63 lots
in the first two stages of 'Cedar View'. Construction of a major
3.2ha central park, and several water features, is now
complete.
The master-planned 12-hectare estate, between Penrose Circuit
and Walden Street, will have 181 dwellings when completed by
mid-2008. It has been designed along stringent council guidelines
to ensure the aesthetic beauty of the area is retained.
Convenience is a key to the success of the estate, with the
Redbank Primary School adjoining the site and Redbank Plaza just
minutes away, as well as the $600-Million Orion Town Shopping
Centre just 5.5km to the east.
"There are great schools and universities nearby, such as the
Springfield campus of the University of Southern Queensland," said
Paul Nash, Devine's National General Manager of Housing &
Land.
Redbank Plains is an emerging growth corridor between the major
regions of Springfield, Ripley and the business node of Swanbank.
It is only 28 kilometres south-west of the Brisbane GPO and nine
kilometres east of the Ipswich GPO.
Devine has a proven track record in the western corridor, having
had great success with its 180-block 'Collingwood Park' estate. It
is also planning a 600-home community on School Road in Redbank
Plains which includes a potential rail link to Springfield and the
local commercial precinct.
"Devine is a committed supporter of both the Queensland
Government's Western Growth Corridor strategy and Ipswich City
Council's draft Strategic Plan," said Mr Nash. "Improving
infrastructure - including transport links, major employment
opportunities, and localised services and amenities - combined with
affordable land is providing very attractive home buying
opportunities."
Redbank Plains was once a hidden treasure, but home-seekers have
started to realise what the area has to offer and how undervalued
it has been. As a result, median house prices in Redbank Plains
increased by 3.5% over the past year.
"There is a continuing pent-up demand for new homes within
family affordable price points, and Devine is focused on providing
community estates which people want to call home to meet this
value-for-money market demand," said Mr Nash.
Devine continues to expand its land development business
throughout Queensland.
"We now have around 2500 lots under development control in
Queensland," said Mr Nash, "and we have plans to significantly
increase this number over the next 12 months."
'Cedar View' at Penrose Circuit, Redbank Plains (UBD Map Ref:
235 H10) is open for inspection daily from 10am to 5pm. More
information is available on 13 24 66, or www.devine.com.au
Released by: Devine, 3 Westmoreland Blvd, Springwood, Qld 4127.
Ph: (07) 3380 2500
Contacts:Paul Nash, National GM Housing & Land, on (0439) 730
424
Prepared by: Barry Hyland of PR Plus, Level 1, 272 Pacific Hwy,
Crows Nest 2065
Ph: (02) 9439 9191, Fax: (02) 9439 9190; Email: barry@prplus.com.au