Final lots hit the market at Ripley estate in response to popular HomeBuilder scheme
Developers credit popular HomeBuilder scheme as deciding factor
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UNPRECEDENTED sales growth has prompted the seventh and final release of land at one of Ipswich’s most in-demand estates.
Ecco Ripley, based in the booming southeast corridor, has reportedly been earmarked for detached homes and duplexes amid the state’s apparent housing crisis.
Developer Sekisui House Australia on Thursday announced the latest release of lots within the Lighthaven estate in response to the overwhelming number of inquiries lodged about the area.
State Sales Manager Scott Blaney said the move would likely help combat the influx which he said came as result of the Federal Government’s recent HomeBuilder scheme.
He said several lots were now available for purchase within the central Lighthaven neighbourhood, priced from little over $380,300.
“Based on the success of the sixth land release, we are anticipating our seventh land release will also generate significant interest from potential buyers, particularly as the HomeBuilder stimulus comes to an end on 31 March,” Mr Blaney said.
RELATED: Cutbacks won’t stop HomeBuilder boom for southwest corridor
He said prospective buyers would be able to choose from a selection of designs to suit a variety of lifestyle and budget needs.
The latest land release also comes off the back of Deputy Prime Minister’s Michael McCormack to the area last month.
At the time Mr McCormack said Commonwealth’s HomeBuilder stimulus – created in response to last year’s economic downturn – had achieved great success.
“We extended [the grant] because it was so popular, because builders were telling us they us they didn’t have enough time to get through all the work,” he said.
Mr Blaney said the popular estate also presented great opportunity for potential first-time buyers looking to break into the property market.
“With more than 1,000 residents who already call Ecco Ripley home, we have established an engaged community by promoting human connections and health and wellbeing, enabling families to embrace a truly wholesome lifestyle,” he said.
Originally published as Final lots hit the market at Ripley estate in response to popular HomeBuilder scheme
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