$140 million CQU village development a show of confidence
FOR local real estate agent Barbara Knowles, the announcement of the $140 million CQU village development is a sign of confidence in the Central Queensland region.
The Pat O'Driscoll Real Estate agent said the masterplan of the development, which included community and retail areas as well as residential living, would bring diversity to the Norman Gardens area.
"I think this sort of development shows great confidence in the CQ region and the future of the region," she said.
"It's an area of the Rockhampton campus that hasn't really been used for a long time but it shows that the city can develop further. CQUniversity is showing their confidence in the future growth of the region and I'm sure this development will bring more people to the CQU campus.
"It's a very popular area of Northside. It's a growth area and the fact that there's more shopping and housing close to the university is going to attract the younger buyers so I think it's diversifying Rockhampton nicely without compromising the city in any way."
It was announced by the Queensland Deputy Premier that the village, consisting of 2000 homes, would contain a diverse range of housing options including affordable housing.
Barbara said having affordable options brought diversity to that part of town.
"To have affordable accommodation available for a wider range of people in the community is great," she said.
"There are still really good quality homes in the Norman Gardens area and there is a lot of development all the way out to Parkhurst. I think if the development is done in good taste, because there's such a market for good looking, modern homes, then having those affordable options there won't bring down the area in any way; it could actually enhance it."