The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
25 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
25 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
ResidentialPhil BartschTue 05 Mar 24

Qld Affordability Belt Demand Sparks Land Release Fast-Track

Cedar Woods South Maclean hero

Construction of a greenfield estate south-west of Brisbane by listed developer Cedar Woods Properties has begun as interest in the affordability belt south of Brisbane continues to climb.

The developer has moved the launch of the next stage of the subdivision of 53 sites at South Maclean in the Logan growth corridor forward after the first stage sold out.

Cedar Woods acquired the 40.7ha site off Pebble Creek Way in 2021 for $12.5 million.

That stage, with $7.5-million in sales, at Cedar Wood’s planned 511-lot Flourish estate, includes 51 homesites.

Site works are under way and construction is expected to start on the first homes by the end of the year.

About 14.5ha—more than a third—of the estate will be dedicated to an ecological corridor with Flagstone Creek running through it and a recreational park, walking and cycling paths.

Cedar Woods development director Blair Britton said buyers at the estate were mainly local families who were drawn to the estate masterplan’s “strong emphasis on green space”.

“South Maclean is becoming a real south-east hotspot thanks to its affordability and the increasing amenity on offer, which is expanding year-on-year,” Britton said.

“There is a major upgrade of Logan Public Hospital under way and due for completion later this year, while stage two is forecast to be finished in 2026, taking total public investment in the hospital to more than $1 billion, as the region continues to grow.”

South Macleans is 48km south of the Brisbane CBD and 12.5km west of Logan.

Flourish is Cedar Woods’ fourth masterplanned estate in Queensland following Ellendale in Upper Kedron, Sage in Burpengary, and Greville in Wooloowin.

ResidentialBrisbaneAustraliaSector
AUTHOR
Phil Bartsch
The Urban Developer - Writer
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
View All >
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
Bunnings Clyde North
Markets

Bunnings Sold On as Charter Hall Doubles Down on Retail

Leon Della Bosca
ESR building ESR completes delisting
Industrial

ESR Reveals New Team After Hong Kong Delisting

Leon Della Bosca
Going private means plans to focus on logistics and data centres across the Asia-Pacific region can accelerate, ESR says…
LATEST
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
Bunnings Clyde North
Markets

Bunnings Sold On as Charter Hall Doubles Down on Retail

Leon Della Bosca
2 Min
ESR building ESR completes delisting
Industrial

ESR Reveals New Team After Hong Kong Delisting

Leon Della Bosca
3 Min
the four concept towers approved for sydney metro's parramatta precinct
Development

Rush of Approvals Sends Parramatta Skywards

Renee McKeown
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/qld-affordability-belt-demand-sparks-land-release-fast-track