News

New incentive spikes sales

John Keen from the Village at Durack speaking about the $15,000 first homeowners grant for new houses. Photo: Inga Williams / The Satellite
John Keen from the Village at Durack speaking about the $15,000 first homeowners grant for new houses. Photo: Inga Williams / The Satellite Inga Williams

NEW Durack homes are selling like hotcakes thanks to the launch of the First Home Owner Construction Grant.

QM Properties sales manager Damien Ross said the $15,000 grant, which was launched in September last year, had significantly spiked sales at Durack Village.

"Over all of our developments in south-east Queensland, sales have doubled as a direct result of the new grant," he said.

"These developments strongly appeal to young first home buyers due to their affordability.

"Over all of our QM developments, around 55% of sales since the grant was announced have been to first home buyers."

Mr Ross said Durack was appealing to the young family market due to its proximity to the Brisbane and Ipswich CBDs and public transport options.

"It is one of the closest new developments to the city," he said.

"11 sales were achieved in October last year."

Mr Ross said Durack was also selling fast because QM Properties offered its own building boost ranging from $4000 to $8000 in some developments as well as a $2000 landscaping rebate.

"It is a buyers market at the moment, with very good offers to the consumer," he said.

"This means that first home buyers can achieve up to $25,000 extra value on some land.

"The main requirement is that purchasers must commence building a home in a predetermined time after settlement.

"This money can be used to assist with rental or mortgage payments or furnishing their new home."

First home owners have also taken advantage of a partnership between QM Properties and some builders who are offering up to a further $10,000 off the standard building cost of a new home.

"This offer is very attractive to the new home property market at the moment," Mr Ross said.

"This package also supports our builders and speeds up the construction work on estates.

"The last thing a developer wants is an empty estate."


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

RSPCA warns of tick outbreak

WARNING: Vets are urging pet owners to check their animals for deadly paralysis ticks.

The recent warm weather has seen an increase of tick cases in pets.

More than 9000 Queensland kids in foster care

The Department of Communities and Child Safety suspended or cancelled the permits of 30 carers last year while it substantiated 144 cases of harm to children.

30 foster carers banned as 144 cases of harm to children revealed.

Hospital emergency: Thousands clog ED with minor issues

EMERGENCY CALL: Ipswich Hospital's emergency department has been swamped in the past 12 months by people presenting with very minor issues.

Residents need to stop presenting with only minor treatment issues

Local Partners

Life threatening injuries following 'nightmare' double crash

VIDEO: A woman is fighting for her life after an accident this morning

Brisbane, Gold Coast airports hit by Border Force strikes

Extensive rolling stoppages to start today

RSPCA warns of tick outbreak

WARNING: Vets are urging pet owners to check their animals for deadly paralysis ticks.

The recent warm weather has seen an increase of tick cases in pets.

More than 9000 Queensland kids in foster care

The Department of Communities and Child Safety suspended or cancelled the permits of 30 carers last year while it substantiated 144 cases of harm to children.

30 foster carers banned as 144 cases of harm to children revealed.

Hospital emergency: Thousands clog ED with minor issues

EMERGENCY CALL: Ipswich Hospital's emergency department has been swamped in the past 12 months by people presenting with very minor issues.

Residents need to stop presenting with only minor treatment issues

Five ways to slash household bills and save the environment

THINK GREEN: Considering the environment when building or buying your next home can save you big dollars. The Village Building Company, who is responsible for Woodlinks Village at Collingwood Park, builds homes with this front of mind.

THERE is nothing as sweet as slashing dollars from your bills.

Car collides with police vehicle while on the run

The Queensland Police Polair 2 helicopter, which will begin operations from July 5, 2014.

Polair has been called in again after a driver evaded police.

Classic cars sold at Queensland Auto Museum auction

The Queensland Auto Museum auctioned off its collection of cars.

Classic car auction draws buyers from US, Dubai

"He wants everyone to enjoy the cars, the collection got too big'

Josh Brolin and Kathryn Boyd tie the knot

Josh Bolin marries in front of close friends and family

Marilyn Manson wants a 'nice' girl

Marilyn Manson wants a girl who understands both of his identities

Angelina turns to Depp for consolation after divorce

Brad Pitt and Angelina Jolie with their six children

Angelina Jolie is reportedly being consoled by Johnny Depp

Rockhampton dancer en pointe for European stages

CENTRE STAGE: Anastasia Lewis has moved from Rockhampton to Sydney to study classical ballet.

Rocky dancer believes competitions are the perfect preparation

Conner's food distraction leads to elimination

Australian Survivor contestant Conner Bethune.

HUNGER gets to castaway as Australian Survivor's tribes merge.

Bonus point gets Dan and Carleen over the line on The Block

Dan and Carleen in their winning living and dining rooms in a scene from The Block.

BABY boomers win living and dining week as show hits halfway mark.

Five ways to slash household bills and save the environment

THINK GREEN: Considering the environment when building or buying your next home can save you big dollars. The Village Building Company, who is responsible for Woodlinks Village at Collingwood Park, builds homes with this front of mind.

THERE is nothing as sweet as slashing dollars from your bills.

Property 200m from ocean selling for just over $100K

BEACHCOMBER PARK: Work has started on a new $19.2 million development at Toogoom.

The estate's developer is offering huge discounts for early buyers.

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

First stages of $25 million housing development underway

New development on Madsen Rd - The Springs.

The blocks of land are much bigger than usual

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Rocky proves prime real estate in latest REIQ report

Kas Woch sold this Wood St home in Depot Hill for $107,000 in August.

A new investor's market as Rocky house prices hit lowest in state