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Affordable living on city fringe
Courier Mail | 3 January 2009
 
VALUE meets quality at Waterford Park, Samtay Group's gated community at Loganlea.
 
Following the success of stage one, selling out in just six weeks, the developer has released stage two of the
popular community, just 25 minutes south of the Brisbane CBD.
 
Prices for the three bedroom homes start from $319,000.
 
All the air conditioned, two-storey dwellings offer, modern and spacious living with three bedrooms, two
bathrooms, powder room and lock-up garage.
 
Despite the reasonable price tag, that is made even more affordable with the increase of the First Home
Buyer's Grant, the homes feature quality inclusions such as stone kitchen benchtops, stainless steel appliances, smart wiring and built-in storage.
 
Residents also have access to two barbecue areas, a large resort-style swimming pool, and a fully equipped
gymnasium in addition to an on site manager.
 
Adrian Parsons from TOTAL Project Marketing, who is marketing the project, said buyers are not only attracted by Waterford Park's affordability, they are seeing their purchase as a chance to make the most of the current housing market.
 
"Brisbane is currently facing a growing undersupply of new housing and the rental market is continuing to tighten," he said.
 
"Fringe suburbs of Brisbane such as Loganlea represent an opportunity for both first home buyers and investors to capitalise on lower housing prices and a strong rental market in a very high growth location."
 
Mr Parsons said following the success of the 46 homes in stage one, he is expecting the 60 homes in stage two to be snapped up quickly.
 
Construction of both stages is well underway with settlement anticipated this month.
 
Waterford Park is close to a range of facilities including Logan Hyperdome, Griffith University, Logan Hospital,
medical centres, child care centres, schools and public transport.
 
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