Downsizers, investors, snapping up newest northside townhouses

Downsizers and investors have driven up demand for townhouses in Stockland’s newest development in Brisbane’s northside, with more than 80 per cent now sold out.

Buyers were drawn by the waterside location of Stockland’s Asha townhomes in Newport on the Redcliffe Peninsula, a location that’s not too far from both Brisbane and lifestyle hotspot Sunshine Coast.

Stockland senior development manager Matt Patullo said only four townhouses remained in the development – three and four-bedroom townhouses with prices that start at $1.199m – with the firm not planning to release two additional home site releases until the end of the year at that location.

Artist’s impression of the inside of an Asha townhome.

The current development, called Asha, featured 26 boutique townhouses with views of Newport Lake, Jabiru Canal and surrounding parklands, with residents able to take advantage of the community’s 22-hectare tidal lake park for recreational activities like stand-up paddling, kayaking, biking, scenic walks and swimming in a communal pool overlooking the canal.

“The release comes as demand for coastal living continues to soar in Queensland, particularly among retirees who are looking for a relaxed waterfront lifestyle close to the city and amenities,” Mr Patullo said.

Artist’s impression of lifestyle features in the new development.

The Asha townhouses were designed with a luxury coastal aesthetic in mind, said Garth Hollindale, director of Hollindale Mainwaring Architecture.

“We’re thrilled to have had the opportunity to work with Stockland and design a series of high-quality, timeless townhomes in one of Redcliffe’s most tranquil precincts,” he said.

“The homes are designed to reflect the peaceful essence of South East Queensland living. The project features a resort-style community pool and BBQ area which are for the exclusive use by Asha residents.”

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