Boosted Grant: Queensland’s Housing Challenges Addressed
In a proactive response to the declining home ownership rates among young…
8 September 2023
Exciting times are ahead for South-East Queensland as Caboolture West, the region’s newest city, begins to take shape. Four leading property development firms—AVID Property Group, Baycrown Property Group, Lennium Group, and Orchard Property Group—have received the green light from the City of Moreton Bay to commence work on an initial 2,000 land parcels.
Granted approval on August 25, these four companies are set to create diverse residential communities featuring a variety of housing options. From affordable lots and turnkey homes to house-and-land packages, the developments will offer blocks ranging from 300 to 600 square meters. The first neighbourhood display village, marking the gateway to this master-planned precinct, is slated to open its doors by mid-2025.
Construction on essential utilities like water and sewer systems, as well as new roads and intersections, will kick off in mid-October. Concurrently, subdivision works will be underway to establish the first registered blocks of land, which will be up for grabs later this year and are expected to be fully developed by October 2024.
City of Moreton Bay Mayor Peter Flannery hails these approvals as a landmark moment in the area’s growth. “Caboolture West is the culmination of years of meticulous planning and collaboration among various stakeholders,” he notes. Future residents stand to gain the most, with a plethora of housing options, walkable neighbourhoods, local parks, a large-scale sports facility, a primary school, shopping amenities, and an expansive 70 hectares of green space along the Caboolture River.
Anthony Demiris, AVID General Manager for Queensland, speaking for all four developers, emphasizes the collaborative efforts behind the project. “We’re eager to break ground and expedite construction to meet the housing needs of this burgeoning region,” he says.
Now renamed Waraba, borrowing from the language of its traditional custodians, the Kabi Kabi people, Caboolture West is projected to house approximately 70,000 residents and 30,000 homes over the next four decades. This development aligns with the recently released Caboolture West Interim Structure Plan by the State Government, designed to fast-track housing supply while fostering cohesive communities.
Situated between Brisbane and the Sunshine Coast, Caboolture West is bounded by the D’Aguilar Highway to the north and Caboolture River Road to the south. It is poised to play a pivotal role in accommodating the Moreton Bay region’s projected population growth, expected to swell by an additional 210,000 residents, reaching 690,000 by 2041.
As South-East Queensland’s largest greenfield development area, Caboolture West is not just a new city; it’s a vision for the future, promising to be a cornerstone for growth, community, and opportunity.