COMMUNITY GROWS: Ben Brotherton, Layna Stephens, Hayley Wighton and Nick Kostellar at a new land release at Brookwater.
COMMUNITY GROWS: Ben Brotherton, Layna Stephens, Hayley Wighton and Nick Kostellar at a new land release at Brookwater. Ashleigh Howarth

Record boom for Brookwater

BROOKWATER has become one of the most sought after suburbs in Ipswich to live, with buyers flocking to the area and contributing to record sales.

In the past seven months, buyers have spent more than $43.5 million purchasing established homes as well as house and land packages.

Between July 2015 and February 18, 2016, developer land sales reached $20.4 million, while established home sales within the suburb reached $17.5 million and the resale land sales hit $5.6 million.

The suburb also recorded it's highest ever property sale, with an established home selling for $1.4 million.

Buyers are still riding the Brookwater wave, with five contracts signed within a five day period last week.

Buyers are also getting in early to snap up house and land packages in the suburb's latest two land releases, The Point and The Address.

More than 90% of land within The Point gated precinct has already been snapped up, and more than 55% has sold in the first release in The Address estate.

Brookwater residential general manager Nick Kostellar said there were many different types of buyers moving to the area.

"We have seen a lot of health professionals who are working at the new Mater Private Hospital Springfield decide to buy in Brookwater because of the close proximity to the hospital," Mr Kostellar said.

"We have also seen an influx of Brisbane residents from the CBD and out in the bay areas move to Brookwater because they are getting better value and bigger block sizes here.

"They want to stretch their legs a little bit. Gone are the days when people wanted smaller block sizes. Buyer are now choosing to have that little bit of extra land so they can raise a family.

"Buyers also love the large amount of green space the suburb provides, as well as the views looking out over the golf course."

The train station and the stage two renovations at Orion Springfield Central are also helping to attract more people to the area.



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