QM Properties’ Westwood Residential development in Woodford in the Sunshine Coast Hinterland, is enjoying a significant sales spike in response to the release of the latest stage.
The success of Stage 3 is in line with recent research by the Commonwealth Bank and RP Data which referred to the Moreton Bay Council area as being one of Australia’s ‘extreme buyers markets’ with strong evidence indicating a preference for coastal living that values lifestyle.
The report also cited that ‘most are coastal/lifestyle markets or those linked to the resource sector.’
“Westwood is a classic example of this, with most of our new enquiries coming from grey nomads or fly-in-fly-out miners,” said QM Properties Sales Manager Damien Ross.
The older clients love to ‘lock up and leave’, as the large blocks have room for sheds to house caravans and boats. The same applies to the FIFO’s, who make the most of their down time with fishing and 4WDing on the Sunshine Coast.
“With the close proximity to the town, accessed by a graded walkway into Woodford, it offers infrastructure as well as peace and quiet,” said Damien.
“Westwood Estate is appealing to families, tree changers and those wanting a rural lifestyle with adequate space but without the hassle of large block maintenance, and still participating in a highly active social and cultural hub,” he said.
The Woodford township was one of the earliest settlements in the shire, and its history is reflected in the colonial style of many of its buildings and attractions.
Woodford’s historic hotel has recently received a facelift by the Pullos Group, who also operate the Samford Valley Hotel. It is a community hub that attracts day trippers as well as the locals for the menu which includes local steaks from Kilcoy.
Over the Christmas and New Year period, otherwise peaceful Woodford is transformed into a thriving cultural centre when the iconic Woodford Folk Festival hits town.
The festival is now the largest gathering of artists and musicians in Australia, and this year held over 438 events including concerts, street theatre, art workshops, circus acts, a film festival, and a children’s festival.
The festival village, Woodfordia, offers bars, cafes, and restaurants, and residents of Woodford can enjoy the music and atmosphere with the luxury of retiring to their own beds.
“Cultural events like this aren’t the only reason our buyers opt to build their dream home here, but it certainly is one of the major drawcards,” said Damien.
“Our buyers like to be in a place where they can live a quiet country lifestyle, but still enjoy a thriving community life,” he said.
Apart from the attractive country atmosphere, prices at Westwood are also very competitive.
When referring to developments like Westwood in the Moreton Bay shire, the Commonwealth Bank Retail Products Executive General Manager, Lyn Colbey commented that ‘any home buyers looking to buy in challenging capital city markets should look around and consider opportunities in outer suburbs, which can often be more affordable!’
The township is noted for its grand old hotel and colonial style shops, and was one of the earliest areas to be settled in the shire with its history reflected in many of the buildings and attractions.
Over 50% of the allotments in Stage 3 have park frontage or are overlooking parkland.
The estate concentrates on a rural lifestyle with Stage 3 offering large blocks with a 35 to 50 metre frontage. All blocks are elevated with stunning views of the Glass House Mountains to the east and Mt Mee to the South.