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Buyers flock to Crestwood to snap up new housing blocks

MARKET BOOM: Crestwood Land Sales Manager Greg Wright and Rockhampton Regional Mayor Margaret Strelow officially open the Crestwood Display Village in Norman Gardens.
MARKET BOOM: Crestwood Land Sales Manager Greg Wright and Rockhampton Regional Mayor Margaret Strelow officially open the Crestwood Display Village in Norman Gardens. Rebecca O'Grady

WHEN it comes to affordable, modern living, seeing is believing.

Home and land buyers are certainly taking that approach in 2015 with the sale of house and land packages in Crestwood, Norman Gardens, dramatically increasing in the past few months as a result of the opening of the estate's display village.

Citimark Properties said sales inquiries had quadrupled since 2014, with 24 land sales already settled, six more under contract and seven expressions of interest.

With just eight titled blocks remaining in the current stage and the next release in the advanced stage of construction, Crestwood is fast becoming a hive of market activity.

Crestwood land sales manager Greg Wright said more and more people were learning how easy it was to own their own home.

"We are finding that the once-apprehensive buyers are now taking comfort in being able to see and feel their potential future homes and realise where their dollars are actually going," he said.

REIQ's December quarter sales report shows Norman Gardens was one of the best-performing suburbs in the market across the region.

Upon completion, Crestwood will include more than 200 homes with lot sizes ranging from 450sqm blocks to 1000sqm lots.

Mr Wright said some home sites offered views to Mt Archer, as well as its surrounding gullies and nature reserves, while others offered flat, elevated allotments which were ready to build on.

"It's great to be able to take people on-site so they can pick the perfect lot to suit their budget and lifestyle. We are then able to take them straight into one of the display homes to inspect the floor plans and pick out the fixtures and fittings for their dream home," he said.

The display village was opened officially by Rockhampton Region Mayor Margaret Strelow on Wednesday.

The Crestwood display village is located via Foulkes St on Geoff Wilson Dve, Norman Gardens, and is open Tuesdays to Fridays from 10am to 5pm and on Saturdays 10am to 4pm.

Topics:  construction housing norman gardens property



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