Savvy Buyers Look To Infrastructure – Rich Regions
Savvy buyers taking a long-term view towards future growth in infrastructure-rich regions are leading the charge in the new home market, according to Valcon Homes.
Valcon’s newly appointed sales manager Gavin Roden says a growing number of purchasers are choosing to build in ‘pioneer’ communities in Brisbane’s western corridor to secure an affordable home with growth potential.
Mr Roden, who has 25 years experience in the property industry, says these purchasers are thinking long term to reap the benefits of the billions of dollars in infrastructure being tipped into suburbs across Logan and Ipswich.
“People are shifting their mindset – they are thinking ahead and choosing to build in brand new communities, like Yarrabilba and Ripley, which have essential infrastructure in place at present, but will undergo a significant transformation over the coming years,” he said.
“Those who don’t want a completely fresh start are looking at areas like Greater Springfield, which has attracted $12 billion in infrastructure investment to date, with an estimated end value of $85 billion.
“These buyers are all about identifying areas that are showing real, tangible signs of progress, with the majority of future funding geared towards infrastructure that will benefit the whole community.
“They are building a brand new home and they want to match that with brand new amenities surrounding them – including state-of-the-art schools, shopping centres and health facilities – instead of moving into an established area with ageing facilities.
“Affordability remains a key factor for these buyers, and by getting in on the ground floor of these newer areas they can secure land from around $150,000, as opposed to $300,000-plus per lot in most coastal and city regions across South East Queensland.
“This opens up their choices in terms of the type of home they can afford, and over the long term it means greater potential for growth in value, as the area matures.”
Mr Roden says Valcon Homes has had a busy start to 2017, with more than $3 million in homes sold or placed under contract over the Christmas and New Year period, as the company expands its reach across South East Queensland.
Valcon launched late last year and is the latest venture for Tim Douglas and Jason Doerr – who have a combined 40 years experience in the building industry.
Valcon director Tim Douglas says he was becoming frustrated with the business models of existing home builders, and decided to create Valcon to give purchasers better service and more flexibility.
He says Valcon will be extending its reach throughout South East Queensland in 2017, to service the Gold Coast, Sunshine Coast and as far west as Toowoomba.
“We launched last year with a single display home in the new Waterline community in Thornlands, and the level of interest and enquiry has enabled us to start looking at delivering more displays in high demand areas like Logan and Ipswich,” he said.
“Our key differences are that we move quickly – meaning we can generally finalise the home design and be ready to work on site within a short period of time, and we offer a high quality build at an affordable price, through the use of innovative and cost-effective solutions.
“Importantly, we offer a fixed price and guaranteed time frame, so purchasers have confidence they are in control and won’t need to dip into their savings to meet unexpected costs.”
For more information, please visit valconhomes.com.au.
BY THE DIRECTORS – JASON DOERR & TIM DOUGLAS
Albert and Logan News – 30th March 2017.