14 Wattlebrush Court, Park Ridge

<p>Despite Brisbane's staggering price growth which has seen it overtake Melbourne in median dwelling value, there's still a strong appetite from first home buyers in the market, as long as there's a compelling enough price point to purchase.</p>

<p>There's <a href="https://www.urban.com.au/news/qld/stock-levels-shrink-toward-five-year-lows-in-brisbanes-off-the-plan-apartment-market-urbis-brisbane-apartment-market-insights-q4-2023">few developments being launched across Brisbane</a>, but those that do, and have competitive priced stock, are seeing strong demand from first home buyers because there tends to only be a handful of one-bedroom apartments in a building nowadays, with developers leaning towards two and three-bedroom units.</p>

<p>We've crunched the numbers and wrapped up the top five apartment developments that have drawn the interest of first home buyers so far in 2024.</p>

<h2>Project: Ruby Ruby</h2>

<h3>Location: 12 Crombie Street, Milton QLD 4064</h3>

<h3>Developer: Kokoda Property</h3>

<p><a href="https://www.urban.com.au/developers/kokoda-property">Kokoda Property</a>'s Ruby Ruby will rise 21 levels from 12-18 Crombie Street and will comprise 144 apartments, ranging from 65 sqm to 155 sqm. Prices for <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> start at $799,000.</p>

<p>Ranking first in Urban.com.au's list of top enquiries by first home buyers for apartment developments in <a href="https://www.urban.com.au/new-apartments/brisbane-qld">Brisbane</a>, the feedback from the Urban community voted Ruby Ruby's amenities, floor plan designs, and great location as the development's key strengths.</p>

<p>The 144-apartment building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;</p>

<p>[smartcode_project:default project_id=139032 project_image_fid=232307]</p>

<p>Kokoda is also catering for the working-from-home trend with several meeting rooms on the ground level, while the podium will be home to a private dining and lounge area, a cinema room, and a billiards room.</p>

<p>The development will offer a variety of unit configurations, including 54 one-bedroom units, 77 two-bedroom units, 12 three-bedroom units, and two four-bedroom penthouses on the 20th floor.</p>

<p>Moreover, Ruby Ruby is ideally located just behind the <a href="/developments/milton-qld-4064">Milton</a> Train Station, a three-minute train to Roma Street Station. The site has also quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.</p>

<h2>Project: Panorama</h2>

<h3>Location: 37 Mayne Road, Bowen Hills QLD 4006</h3>

<h3>Developer: Arden Group</h3>

<p><a href="https://www.urban.com.au/buildings/panorama-bowen-hills-37-mayne-road-bowen-hills">Panorama</a>, made up of 256 one and two-bedroom apartments over 25 levels designed by <a href="https://www.urban.com.au/architects/arqus-design">Arqus Design</a>, is more than competitively priced when put next to comparable apartment developments in Brisbane.</p>

<p>Suited to both investors and first-home buyers, the ready-to-move-in-apartments start from an affordable price of $495,000 for a one-bedroom, one-bathroom unit.</p>

<p>Just over two kilometres from the Brisbane CBD and less than 10-minute walk to some of Brisbane’s best retail, commercial and employment hot spots, Panorama sits in a desirable location.</p>

<p>[smartcode_project:default project_id=7711 project_image_fid=192988]</p>

<p>The building is also located 200 metres from Bowen Hills Station and a 10-minute ride to the Brisbane airport.</p>

<p>On the ground level, Panorama provides residents with convenient retail services, while on level five, the Panorama Retreat features an exclusive resort level, including a lap pool with an adjoining plunge pool, Zen garden, a landscaped north-facing ‘quiet zone,’ barbecue, entertainment terrace, gym facilities and sauna.</p>

<p>The Panorama Skydeck crowns the building and features&nbsp;private nooks, a cinema, bar, and kitchen.</p>

<h2>Project: Wattlebrush Gardens</h2>

<h3>Location: 14 Wattlebrush Court, Park Ridge QLD 4125</h3>

<h3>Developer: Property &amp; Equity</h3>

<p><a href="/developments/park-ridge-qld-4125">Park Ridge</a> is a peaceful, low-crime rate, strategically positioned suburb with significant potential, despite being 30 kilometres from the Brisbane CBD.</p>

<p>The Council envisions the area as a highly desirable place to live and work, taking advantage of its natural assets, especially with the recent upgrade of the Mt Lindesay Highway.</p>

<p>One developer tapping into the anticipated growth is <a href="https://www.urban.com.au/developers/property-equity">Property &amp; Equity</a>, which has delivered a collection of 23 townhomes to the area.&nbsp;</p>

<p>[smartcode_project:default project_id=110047 project_image_fid=185744]</p>

<p>Property &amp; Equity's townhouse development <a href="/new-townhouses/14-wattlebrush-court-park-ridge">Wattlebrush Gardens</a> offers a prime location that has attracted first-home buyers and investors, situated near the entrance to the Mt Lindsay Highway.</p>

<p>Three-bedroom townhomes are still available in Wattlebrush Gardens, with prices starting at an affordable point of $490,000.&nbsp;</p>

<p>Residents will also benefit from the recent completion of the Logan Hospital expansion, a $145 million project, which has transformed the hospital into a state-of-the-art health facility, catering to the growing population in the southwest growth corridor.</p>

<p>Educational facilities are also a hot commodity in Park Ridge, with Wattlebrush Gardens near Park Ridge State High School and Park Ridge Primary.</p>

<h2>Project: Breathe Residences</h2>

<h3>Location: 27 Lorne Street, Alderley QLD 4051</h3>

<h3>Developer: Guavalime</h3>

<p>Although just approaching its launch, <a href="https://www.urban.com.au/developers/guavalime">Guavalime</a>'s Breathe Residences in <a href="/developments/alderley-qld-4051">Alderley</a> ticks all the boxes for first-home buyers.&nbsp;</p>

<p><a href="/new-apartments/breathe-residences-alderley-27-lorne-street-alderley-qld">Breathe Residences</a> offers a variety of configurations to choose from, one, two, and three-bedroom apartments, conveniently situated just a six-minute walk away from the train station and directly opposite Alderley Village.</p>

<p>[smartcode_project:default project_id=143502 project_image_fid=249939]</p>

<p>Inside, the apartments feature exposed concrete ceilings in the living area, while balconies or outdoor rooms feature built-in bench seats and planter boxes, extending living spaces outdoors while offering opportunities for relaxation and greenery.</p>

<p>Local builder <a href="https://www.urban.com.au/builders/geocal-group">Geocal Group</a> has already been appointed to build Breathe Residences, which is expected to officially launch soon through <a href="https://www.urban.com.au/project-marketer/position-property">Position Property</a>.</p>

<h2>Project: Parque</h2>

<h3>Location: 3 McConaghy Street, Mitchelton QLD 4053</h3>

<h3>Developer: Carbone Developments</h3>

<p>Another recently launched project, <a href="https://www.urban.com.au/developers/carbone-developments">Carbone</a>'s <a href="https://www.urban.com.au/new-apartments/parque-mitchelton-3-mcconaghy-street-mitchelton">Parque</a> in <a href="/developments/mitchelton-qld-4053">Mitchelton</a> has already gained traction on Urban.com.au, particularly among first home buyers, presenting one of the rarest opportunities to buy off the plan in an area starved of new apartment supply.</p>

<p>Starting from $450,000, the 60 one and two-bedroom apartments have been designed by <a href="https://www.urban.com.au/architects/red-door-architecture">Red Door Architecture</a> to make the most of Brisbane's tropical climate, with the open plan kitchen, living and dining areas opening onto balconies.</p>

<p>[smartcode_project:default project_id=140363 project_image_fid=250246]</p>

<p>The project features a swimming pool and a gym, as well as a sun deck with barbecue facilities and park views.</p>

<p>Slated for completion in July 2025, Parque Michelton's location is one of the stand-out features of the project. Not many projects have the convenience of a train station 35 metres away as well as sitting on 6,100 sqm Osborne Road Park.</p>


Urban Editorial

Brisbane's top five most popular apartment developments for first home buyers in 2024

Wattlebrush Gardens offers a prime location that has attracted homebuyers and investors alike, situated near the entrance to the Mount Lindsay Highway

<p>The Park Ridge area is poised for growth and development.</p>

<p>The Council envisions the area as a highly desirable place to live and work, taking advantage of its natural assets. With the recent upgrade of the Mt Lindesay Highway, Park Ridge has become a strategically positioned suburb with significant potential, despite being 30 kilometres away from the Brisbane CBD.</p>

<p>The Park Ridge Master Planned Area (MPA), according to the Logan City Council's vision, aims to develop as an integrated and sustainable urban community. The MPA is expected to accommodate a population of approximately 30,000 people and provide up to 8,000 jobs by 2026.</p>

<p>One developer tapping into the anticipate growth is Property &amp; Equity who have delivered a collection of 23 townhomes to the area.&nbsp;</p>

<p>[smartcode_project:default project_id=110047 project_image_fid=185736]</p>

<p>Wattlebrush Gardens offers a prime location that has attracted homebuyers and investors alike, situated near the entrance to the Mount Lindsay Highway.</p>

<p>Residents will benefit from the recent completion of the Logan Hospital expansion, a $145 million project, which has transformed the hospital into a state-of-the-art health facility, catering to the growing population in the southwest growth corridor.</p>

<p>Just over one kilometre away lies the Park Ridge Town Centre retail precinct, which features popular supermarkets Coles and Woolworths, as well as a range of specialty retail, food, and health stores.&nbsp;</p>

<p>For additional shopping needs, the Grand Plaza Shopping Centre in Brown Plains is a short seven-minute drive from Wattlebrush Gardens, offering a wide selection of stores.</p>

<p>[smartcode_project:default project_id=110047 project_image_fid=185739]</p>

<p>Educational facilities are also a hot commodity in Park Ridge, with Wattlebrush Gardens nearby to a number of schools.&nbsp;Park Ridge State High School and Park Ridge Primary are both within close proximity, as is Park Ridge Childcare and Preschool, a spacious centre situated on 2.5 acres of land.</p>

<p>Within a 20-minute drive, residents can reach renowned universities such as the University of Southern Queensland and Griffith University, Logan Campus, as well as the TAFE QLD Brisbane Loganlea Campus.&nbsp;</p>

<p>Three-bedroom townhomes are still available in Wattlebrush Gardens, with prices starting at an affordable point of&nbsp;$490,000.&nbsp;</p>

<p>[smartcode_project_cta:default project_id=110047]</p>


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