FIRST HOME BUYER MARKET STRONG IN LOGAN

Written on the 18 March 2010

IN a move to target first home buyers, the first stage of a QM Properties housing project has been released in Logan with lots selling from $182,500.

The Avenues on Fifth release in Marsden has released 39 lots from a total of 80, ranging from 518sqm to 1113sqm.

QM Properties general sales manager Damien Ross, says the release offers much needed land for first home buyers and families in the area, with a high concentration of employment in light and heavy industry.

“This price point offers first home buyers the opportunity to build an affordable home on quality land in a convenient location,” says Ross.

With the Berrinba Enterprise Park and Wetlands nearby and a buoyant market, Ross expects a quick uptake for the lots.

At the other end of the spectrum, State Treasurer Andrew Fraser has ruled out first-home owner grants for houses worth $750,000 or more.

“We need to ensure this grant is made available for those who most need it,” says Fraser.


Latest News

THE STAR'S STUNNING ANSWER TO CROWN'S BARANGAROO

THE Star Entertainment Group (ASX:SGR), not to be outdone by James Packer's Barangaroo development across the ...

BRISBANE COAL TERMINAL REOPENS AFTER SHIPLOADER REPAIR

COAL loading has recommenced at New Hope's (ASX: NHC) Brisbane terminal today after repairs to its ship loader, w...

SUPERYACHTS OFFER UNTAPPED POTENTIAL AT COMMONWEALTH GAMES

SUPERYACHT Australia has devised a strategy to attract more superyachts to Queensland and capitalise on revenue op...

GDP FIGURES A 'WAKEUP CALL' FOR PARLIAMENT

THE GDP figures are an end-of-year wakeup call for Parliament about what lies ahead for the country, according to ...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter