Continued demand for over-50’s living on the Sunshine Coast has driven the release of Halcyon Coves, a land lease community located in Aura.
Upon completion, the community will span 20 hectares and include 431 architecturally designed homes.
The first release of 35 homes sold out almost instantly, with the second release of 25 homes now on the market.
Stockland Project Director, Andrew Astorquia attributed the strong demand to the combination of a high-quality homes and the exceptional lifestyle the Sunshine Coast offers.
“The Sunshine Coast, along with the broader South East Queensland region, continues to see strong demand for homes from over-50s, with settlements doubling year-on-year in the last financial year,” Mr Astorquia said.
“The success of the foundation release at Halcyon Coves reflects this demand.
“While local buyers from the Sunshine Coast and Brisbane continue to show solid interest, we’re also seeing increased enquiry levels from interstate buyers – particularly from New South Wales and Victoria who are attracted to the Sunshine Coast’s lifestyle for their retirement years.”
Interstate buyers account for 12 per cent of all Stockland Halcyon Coves’ enquiries.
Batemans Bay’s Anne and Peter O’Dwyer are eagerly anticipating their move to the Sunshine State, with their new home at Halcyon Coves expected to be ready mid-next year.
“After spending the last 15 years holidaying on the Sunshine Coast, we fell in love with the Maroochydore and Caloundra areas,” Ms O’Dwyer said.
“Peter was initially reluctant to move, as we have spent most of our lives in Canberra and Bateman’s Bay.
“But, during a visit to Moreton Bay, we stumbled upon Halcyon Coves – it’s everything we dreamed of and more, with easy access to all our favourite places on the Sunshine Coast.”
Halycon Coves joins other notable Stockland communities like Halcyon Parks at Caloundra, Halcyon Landing and Halcyon Lakeside at Bli Bli, and B by Halcyon at Buderim – which was recently recognised as Australia’s ‘Best in Seniors Living,’ at the Urban Development Institute of Australia (UDIA) National Awards for Excellence.
Under Stockland Halcyon’s land lease model, homeowners get the benefit of conventional ownership while benefiting from no exit fees, allowing them to retain capital gains when selling their property.
The land lease model, offers buyers the chance to downsize in a brand-new, low maintenance home, avoiding costs such as stamp duty, rates, and capital gains tax.
Halcyon Coves’ newly opened sales office is located at the corner of Aura Boulevard and Central Avenue and is open Monday to Friday, offering one-to-one appointments with the sales team.
