With the extension of the Federal Government’s Homebuilder grant for new home builds contracted prior to March 31 2020, we have seen an influx of first homeowners in our communities, like Andrew and Kirsty, that are in a unique position to contract on their first home during a turbulent year. Urbex’s The Banks development in Logan Reserve, is just one of our communities experiencing this trend. With The Banks stage one nearly sold out, the second release was launched this last weekend to meet increased market demand.
General Manager of Urbex Realty, Craig Covacich, has explained The Banks is experiencing strong migration flows due to consumers seeing the value in the development. He notes there is an underlying annual demand for 2,000 new dwellings on average in Logan over the next decade. Releasing the Second Stage in The Banks is not only timely but integral to meet this need.
For more information on The Banks, or other housing estates Urbex Realty is now selling south of Brisbane, call 1300 040 738.
To find out more on Andrew and Kristy’s homeowner experience, read on below.