FIRST HOME BUYER MARKET STRONG IN LOGAN

IN a move to target first home buyers, the first stage of a QM Properties housing project has been released in Logan with lots selling from $182,500.

The Avenues on Fifth release in Marsden has released 39 lots from a total of 80, ranging from 518sqm to 1113sqm.

QM Properties general sales manager Damien Ross, says the release offers much needed land for first home buyers and families in the area, with a high concentration of employment in light and heavy industry.

“This price point offers first home buyers the opportunity to build an affordable home on quality land in a convenient location,” says Ross.

With the Berrinba Enterprise Park and Wetlands nearby and a buoyant market, Ross expects a quick uptake for the lots.

At the other end of the spectrum, State Treasurer Andrew Fraser has ruled out first-home owner grants for houses worth $750,000 or more.

“We need to ensure this grant is made available for those who most need it,” says Fraser.