News Corp Australia Network
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Despite land availability across Brisbane being at record lows, you can still find land if you know where to look.
New subdivisions will be built across Brisbane, offering eager buyers relief from the city's current housing and land shortage crisis.
Thirty-six coveted plots of land are now available in Taigam, on Brisbane's north side, allowing buyers to own a brand new home for $800,000. Also on Brisbane's north side are his 13 blocks at Bridgman Downs and his 9 blocks at McDowall.
Meanwhile, Fig Tree Pocket on Brisbane's west side offers a rare acre-style estate with direct access to unspoiled nature.
John Quayle, director of Brisbane-based developer Chapter 2, said many people believed the only way to build new homes in Brisbane was to demolish older homes in expensive inner-city locations. However, he said that was not always the case.
“We are currently bringing more than 80 new land parcels to market by looking for smaller subdivisions in established areas and taking a more innovative development approach,” Mr Quayle said. .
Brisbane-based development company Chapter Two has more than 80 blocks of land on the market.Photo: Brendan Radke
“We received approval (in September) for 36 plots in Tai Gum on a site previously planned for townhouses.
“By working closely with Brisbane City Council, we are creating opportunities for buyers to secure their own land. Cordyline Taigam site sizes average around 300 square meters, with house and land package prices starting at $800,000. This is expected to be a great value for Brisbane.”
Chapter 2 recently completed a $1.5 million boutique project in Fig Tree Pocket. This boutique project is located close to the Brisbane River and within walking distance to major schools, parks and equestrian fields.
The first residential land report released by digital real estate payments company PEXA and demographic analysts shows that the number of vacant land settlements in Queensland was 24,226 in FY23, a significant annual decline of 16.2%, but particularly in Queens. It has been revealed that a number of major greenfield councils in the South East Rand have performed worse than expected. Growth of housing.
