More than $20 million worth of sites have sold at Mirvac's Everleigh development in just 12 weeks, with first-home buyers and upgraders dominating sales.
Since June, 94 lots have been snapped up, with three new releases brought forward to keep pace with the strong demand, developers say.
Buyers are looking to build new homes with multi-functional spaces where they can live, work and recreate.
It comes after almost 50 lots were snapped up at the first stage of Hillcrest 88.
Everleigh sites start at $201,000, with completed homes for sale by partner builders starting at $438,500.
Mirvac's head of residential, Stuart Penklis, said the community's affordability and leafy masterplan had been a strong drawcard for buyers looking to step into the market or secure a new home.
He said Everleigh, situated 30 kilometres from the Brisbane CBD and within the state government-declared Greater Flagstone Priority Development Area, represented exceptional value, with the recently introduced $25,000 HomeBuilder grant only adding to its desirability.
"Everleigh is extremely popular with drawing first home buyers and upgraders who see the relative affordability of the community and the opportunity to benefit from the future growth of the area, with significant infrastructure and amenity planned to support the expanding population," Mr Penklis said.
"When you compare the cost of building new in Everleigh to purchasing an established home in a nearby area, which may require renovation or repair, it stacks up very favourably. Even more so with the introduction of the new grant and interest rates at historic lows.
"We are also finding people are seeking multi-functional spaces in their homes, with a new build giving them the option to create a home that completely suits their requirements for work, study or entertainment.
"There's a new emphasis on spaces that can be private for work or study and switch back to family-friendly as required, a return to the chef's kitchen as more people cook at home, rooms for exercise and hobbies, the home office and access to outdoor spaces such as backyards and patios."
Belinda McKinnis and Shaun Rietdyk, along with their two children Riley, seven, and four-year-old Aaliyah, said they almost gave up on the dream of building their first home until they discovered Everleigh.
The family settled on their 493 square metre lot in April, with construction starting mid-May on their four bedroom home.
"We searched for land in so many communities in the area before checking out Everleigh," Ms McKinnis said.
"We just love everything about the community. We thought it was really good value for money, when you consider the variety of lots available to suit different needs, the quality of the houses being built and all the community amenities being delivered, like parks and retail.
Homes at Everleigh sit near 215 hectares of green space, spanning conservation parkland, sports fields and recreation parks. A state primary school is planned, along with a neighbourhood retail centre and community health centre.
For more information, visit everleigh.mirvac.com, phone 3859 5960 or stop by the Everleigh Sales Centre and Display Village at 56 Kessels Boulevard, Greenbank.
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