FIRST HOME BUYER MARKET STRONG IN LOGAN

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.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

The hit international reality MTV franchise that produced Jersey Sh...

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two Australian family-owned supply chain trackers specialising in l...

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...