Residential Development finally on the move

    Saturday, February 01, 2014

    It is about time, but residential development in Queensland is on the move. Our clients and industry partners are consistently reporting increased sales rates as market confidence continues to improve. The graphs above from Prodap show that a return is long overdue with a virtual sales vacuum since the GFC.

    Rapidly increasing prices in NSW and the forecast of improving economic conditions driving employment in Queensland over the next year may see interstate migration once again on the increase adding pressure to the current low stock levels. According to Queensland Government statistics the most popular lot sizes are between 350-600m² followed by 600-800m².

    Burchills Engineering Solutions has undertaken preliminary work on hundreds of sites in the SEQ growth corridors and can provide advice on civil, water, environment, and structural aspects of development. Our experienced team provides solutions for residential, commercial, industrial, and government clients from concept to completion.