Seizing the Opportunity: Auriton Group Acquires Large Development Site in Queensland!

In the past year, we have witnessed a transformation—the real estate market in Australia returning to rationality. Now, we are facing a more stable and mature market, which is becoming the new normal for the future. In this scenario, Auriton Group, with its professional development capabilities and strong financial resources, has skillfully and accurately identified numerous opportunities, focusing on the state of Queensland, which has the highest appreciation potential.

Recently, Auriton Group has successfully acquired a large development site in Queensland. The project is located at 20 Trevis Court, Blackstone, QLD 4304, covering an expansive area of 100,000 square meters. Preliminary estimates indicate the potential for developing 129 high-quality detached villas. The area is adjacent to the rapidly developing Ipswich City Council and is in close proximity to highway access. It takes only a half-hour drive to reach the Brisbane city center and just an hour to the Gold Coast. Investors can truly own a spacious residential property, making it an ideal choice for both investment returns and self-occupancy.

Blackstone is situated within the mature and well-established Ipswich City Council, known for its excellent infrastructure. The project is surrounded by numerous recreational parks, making it a preferred choice for investors who value a high-quality lifestyle. Surrounded by parks and nature reserves, you and your family will have ample opportunities to connect with nature.

Furthermore, the Ipswich Turf Club is located near the project, hosting various races throughout the year. Other festivities such as the renowned Melbourne Cup, the annual EKKA carnival, or Boxing Day bring the community closer together with a variety of exciting events.

In addition to the diverse range of entertainment facilities and mature community environment, the Blackstone area also offers excellent education and lifestyle resources, ensuring residents a stable and harmonious living environment. It is worth mentioning that the Queensland government has invested heavily in infrastructure upgrades on the Gold Coast in recent years. These include the AUD 200 million GC2018 Commonwealth Games infrastructure, the AUD 2.3 billion G-Link light rail upgrade, the AUD 185 million Gold Coast Airport upgrade, and the AUD 670 million refurbishment of Pacific Fair. These fiscal expenditures not only meet the growing population’s demands for entertainment, culture, and transportation on the Gold Coast but also bring excellent opportunities for property appreciation in Queensland.

For instance, the fifth Commonwealth Games held in Brisbane this year, which is the largest sporting event in Australia over the past decade, will be the biggest in the history of the Commonwealth Games. According to the plan, the Gold Coast light rail system will pass through some of the main venues of the Games, including the Gold Coast Aquatic Centre, Broadwater Parklands, and the Gold Coast Convention and Exhibition Centre, with a total investment of AUD 200 million. The positive impact of previous editions of the Games on the city’s real estate has been profound, as Sydney and Melbourne have demonstrated, particularly in terms of property prices and transaction volumes.

Although Queensland has not attracted as many international immigrants as Sydney and Melbourne, it is clearly the winner in attracting interstate migration. According to CoreLogic’s data, by 2018, job opportunities in Queensland had increased by 4.8%. Rapid population growth not only signifies greater housing demand but also lays the foundation for surging property prices in the future. In 2017 alone, a total of 19,000 interstate migrants moved to Queensland, with 12,000 coming from New South Wales. In addition, natural population growth and overseas migration added 31,000 people to the region. “The charm of Queensland has been discovered and recognized by more and more people, who are coming here to work, live, or start a family,” according to a recent report by Macquarie Bank on the Australian real estate market.

Auriton Group possesses substantial capital reserves and an enthusiastic team. Currently, various subsidiaries are actively bidding for several high-potential land parcels in Sydney, Melbourne, Brisbane, and Adelaide. The completed projects have received high praise within the industry, and more good news and consultations regarding this project will be announced soon. Stay tuned for updates!