Queensland’s housing market is set to receive a substantial boost with the council's approval of Azure Development Group’s $57 million Dahlia residential estate at Flinders View.
This development is part of Azure’s broader $1.5 billion strategy aimed at alleviating the current housing shortage in the region.
Trent Keirnan, director of Azure, expressed enthusiasm for the project’s approval, saying that the company was dedicated to creating communities that blend affordability with the Southeast Queensland lifestyle.
“Azure is especially committed to investing in key growth areas and creating communities that focus on affordability and liveability with the inclusion of prized indoor-outdoor living areas that define the southeast Queensland lifestyle and Dahlia is no exception,” Keirnan said.
“We are eager to deliver an abundance of residences during a housing shortage and continue to contribute essential housing supply and diverse housing options in a city marked by thriving employment and business opportunities.”
With Ipswich expected to see a 4.2% annual growth rate over the next two years, Azure is poised to meet the area’s escalating housing demand.
“Ipswich is currently undergoing a major transformation and is forecast for remarkable growth potential, and we are actively playing our part in meeting the rising demand,” Keirnan said.
Upon completion, Dahlia estate will feature more than 100 three-bedroom townhouses with up to six floor plans, ranging from $585,000 to $615,000. Residents will enjoy recreational facilities like a large communal lawn, swimming pools, and landscaped gardens. Nearby amenities such as a supermarket, cafe, bakery, and park ensure convenience and connectivity.
Following the sell-out success of Azure’s previous Ipswich projects, Dahlia’s construction is anticipated to begin in the coming months, contributing to the company’s significant portfolio of developments.
Azure has been a key player in the real estate market since 2014, delivering over 1,400 residential units and lots and currently managing seven developments valued at over $500 million.
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