Council approves over 100 more homes below median house price

The $57m estate now known as Dahlia drew strong community feedback with over 120 submissions to council during its consultation period. The project was submitted for development approval on May 5 last year with council approval since being granted for 140 townhouses on site plus a caretakers studio residence and shared pool.

Artist’s impression of Azure Development Group’s new $57m Dahlia residential estate at Flinders View which has been granted development approval. Picture: Supplied

---

Homes will be launched to market next month with construction expected to begin in the second quarter of the year.

Developers – the Azure Development Group – confirmed the development will have over 100 two and three bedroom townhouses with two and a half bathrooms – spread across six different floor plans.

Azure, which has a massive $1.5b project portfolio, said the homes at Flinders View would be priced from $585,000 to $615,000 – which is at least $185,000 less than the Greater Brisbane median house price, and $70,000 to $100,000 above the median unit price.

Azure director Trent Keirnan said the townhouse development would help meet growing demand during the current housing shortage crisis in South East Queensland.

“We are thrilled to have received DA approval for Dahlia,” he said.

Artist’s impression of the inside of one of six layouts in the now approved Dahlia residential estate at Flinders View. Picture: Supplied

---

“We are eager to deliver an abundance of residences during a housing shortage and continue to contribute essential housing supply and diverse housing options in a city marked by thriving employment and business opportunities.”

He said the Ipswich area in Greater Brisbane’s west was expected to exceed 424,000 by 2041.

“Ipswich is currently undergoing a major transformation and is forecast for remarkable growth potential, and we are actively playing our part in meeting the rising demand.”

Azure renders submitted as part of its proposal for its upcoming Flinders View development.

---

Azure renders submitted as part of its proposal includes a pool on site for residents.

---

See this month’s PropTrack Home Price Index

Among the conditions of approval were that a minimum of 326 carparking spaces be created for the development – 140 for the dwelling units. 116 for residents and visitors and 70 common parking space for bona fide visitors. There also has to be one visitor bicycle parking for every 16 units.

Azure has other projects underway in Ipswich including the $50m Seasons by Azure and the $55m Munro estate.

Azure has built more than 1,400 terraces, units and residential lots since it began in 2014 with its luxury projects including One Earle Lane at Toowong and One Five Six by Azure at New Farm.

Originally published at: https://www.realestate.com.au/news/council-approves-over-100-more-homes-below-median-house-price/