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Mirvac Ramps Up Gainsborough Greens

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Mirvac has fast-tracked the second land release in a matter of months at its Gainsborough Greens community in Pimpama, with more than 180 homesites snapped up since January for a total of $45 million.

The Parkside release features 55 homesites nestled beside new parkland and a conservation area and has been brought forward to meet demand from families, first home buyers and empty nesters.

More than 90 per cent of the previous land release, The Reserve precinct, which was launched to the market in February has already sold.

Situated in the Gold Coast's rapidly expanding northern corridor, Gainsborough Greens has become one of the city's fastest growing new communities, with 120 families expected to move in over the coming six months alone.

Gainsborough Greens was recently named one of the top 10 most searched for communities in Australia by realestate.com.au, and the Housing Industry of Australia (HIA) identified Pimpama as the strongest performing market in Queensland for new home building and growth.

The latest land release will feature homesites ranging from 317sqm to 653sqm and priced from $187,000. The homesites are situated next to a new park on Swan Road, featuring a childrens' playground, bike paths, barbeques and shaded picnic tables.

Mirvac Queensland Development Director of Masterplanned Communities, Russell Berlee, said the demand for Gainsborough Greens was continuing to surge.

"People now have a really good understanding of the community they are becoming part of, and they like what they see," he said.

"Gainsborough Greens has established a great sense of community and a family-friendly vibrancy, with more than $4 million of park, playground and recreation amenity already completed for the benefit of both residents and the wider Pimpama community.

"The location makes it easy to access both the central Gold Coast and Brisbane, and its relative affordability coupled with the growing array of services at the doorstep, including a new McDonalds Pimpama Junction shopping village and schools, is making it more appealing than ever."Mr Berlee said the new $13 million display village, which opened in February, was also helping new purchasers to match their dream home with their preferred homesite.

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Article originally posted at: https://theurbandeveloper.com/articles/mirvac-ramps-gainsborough-greens