A 104-hectare, master-planned housing development will deliver 450 new homesites on the Sunshine Coast.
Stockland has officially launched Stockland Twin Waters: a master-planned community that will include homesites across private waterfront, waterfront and dry lots.
The site has been designed to integrate with the existing community, with more than 50 per cent dedicated to open space.
This includes a 17.4ha lake, shared pedestrian and cycling paths, walking trails, parks, waterside park areas and a dedicated kangaroo reserve.
Stockland development director Josh Sondergeld says the project has been designed around its coastal setting in the sought-after area, reflecting its position between the Maroochy River and surrounding natural landscape.
“Stockland Twin Waters has been designed to set a new benchmark for waterside living on the Sunshine Coast, with the master plan responding to both its natural setting and the way people increasingly want to live,” Mr Sondergeld says.
In addition to its green space, the Stockland Twin Waters community will feature a range of lifestyle amenities, including proposed waterside recreation such as kayak launch pads and pickleball courts, as well as proposed future retail offerings.
Sunshine Coast Business Council chair Sandy Zubrinich says new residential developments play an important role in increasing housing supply, with the Coast rental vacancy rate sitting about 0.8 per cent.
“New developments like Stockland Twin Waters are important in helping respond to ongoing housing demand on the Sunshine Coast, particularly as supply continues to struggle to keep pace with population growth,” Ms Zubrinich says.
The first release of 17 homesites is scheduled for late July, with pricing expected from $1.15 million.