Families win in land release
FAMILIES in resource communities have taken advantage of the State Government's fast-tracked residential land release, with the successful sale of at least 30 blocks in two towns.
Mining towns Moranbah and Blackwater have been battling supply and demand issues for housing.
Both were given a slight reprieve on September 1, when Deputy Premier and Minister for State Development Jeff Seeney declared the expedited housing block release.
Since then, 22 lots have been put under contract in Moranbah's Bushlark Grove estate.
And 12 deposits have been put on blocks in Blackwater's Blue Ridge development.
Mr Seeney said the program was a success and buyers had responded quickly.
"This exceptional response further confirms the need for affordable, diverse land lots, and house and land packages in our regional and resource towns," Mr Seeney said.
"The development program for both of these residential estates has been fast-tracked.
"Civil works are under way and residents should be moving into their new homes within 12 months."
Mr Seeney said stages one and two of the Bushlark Grove Estate garnered strong interest from the community.
He said 70% was sold or under contract.
"Moranbah buyers have responded quickly to the 75 lots released in stage three of Bushlark Grove, with 22 lots already under contract," Mr Seeney said.
"Expressions of interest have been lodged for another 13 lots.
"And a further 36 lots have been contracted by the project's builder partners, who are expected to release house and land packaged to the market in early October."
Mr Seeney said an additional 230 homes would enter the market in Blackwater, following the development of the Blue Ridge Estate, which he said was being marketed to families on different budgets.