Savvy Buyers Look to the Future

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    Mirvac has released additional homesites in the latest stage of its Gainsborough Greens community, following a recent buyer rush that has seen all but one lot taken up in the popular Eco Gully release.

    Mirvac launched the Eco Gully precinct in August, with 48 of 49 lots secured in just eight weeks by buyers eager to purchase an affordable property alongside a large nature reserve.

    Another 34 lots have now been released to meet demand, with prices starting from just $235,000.

    Home buyers Natalie and Scott Kerrigan were among the first to buy in the Eco Gully release, after being impressed by Mirvac's masterplan for Gainsborough Greens and the prime location of the new land release.

    "Buying a new property is a medium to long term investment, so it makes sense to take a good look at what is happening in the area you are buying in, to get an understanding of what the neighbourhood will look like in five or seven years time," he said.

    "The Gainsborough Greens masterplan highlighted that there was lots of growth planned for the area - not just in terms of new houses being built, but also new amenities to service the population, like schools, shops and parks.

    "We were one of the first to buy in the Eco Gully release, which is adjacent to a large nature reserve, and this will soon back on to a new sports field, so there is plenty of greenery around us which gives us a private, tranquil environment to call home.

    "We have lived on the northern Gold Coast for several years now and when we looked around to find new land, we found that Gainsborough Greens was great value considering its location and lot sizes. Our homesite is one of the larger lots in the new release  with enough room for a four bedroom house, as well as a 20 metre backyard, so space is certainly not an issue."

    Mirvac Queensland Development Director of Masterplanned Communities Russell Berlee said this was not the first time the developer was prompted to bring forward new homesites to meet demand at Gainsborough Greens.

    "This is the second time this year we have had to accelerate a land release at Gainsborough Greens, which is proving to be one of the most successful and sought after masterplanned communities in Queensland," he said.

    "A number of the homesites in this new release run directly beside the eco gully - a large nature reserve with a creek running through it – providing a stunning backdrop for a new home.

    "We have listened to the market and have released a concentration of the most popular lot sizes, with homesites ranging from 420sqm to over 750sqm, giving buyers with the choice of almost any home design on their new block.

    "The range of product mix means that there is plenty of choice for buyers, and with prices starting from just $235,000, this release is attracting a whole range of purchasers.

    "Aside from being located near the eco gully and future sports fields, these homesites are also close to the local shopping centre, schools and have easy access to the motorway, making them a convenient lifestyle choice for families."

    When complete, Gainsborough Greens will comprise about 2,200 homes across a series of interconnected villages and parklands.

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