Cerulean Estate engages esteemed local contractor JRT to continue delivering works on anticipated coastal development

With a solid plan to create a high-end lifestyle homebase perfectly positioned on the Capricorn Coast behind beautiful Lammermoor Beach, the developers of Cerulean Estate, Yeppoon are powering forward with the recent completion of bulk earthworks and with an emphasis on the community have further engaged esteemed local contractor JRT Group to complete civil works on this much anticipated project.

JRT Group Site Manager, Brenden Cooper, is overseeing the works and is pleased they have secured the contract to bring this boutique community to life.

“JRT are looking forward to working closely with Andrew, Wayne, Amanda and the team to bring Cerulean Estate to the Capricorn community,” said Brendan.

“At this stage the works will progress over approximately 18 weeks and will keep roughly 15 employees busy on site during this time.”

“With its ideal location next to a school, an upcoming day care and close to town and the beach we wouldn’t expect the blocks to last long on the market.”

Cerulean Estate has been designed and will be delivered by Andrew Beaumont and Wayne Riddell, one of the region’s most experienced development partnerships and they have brought on Amanda Millers as the Development and Sales Manager for the project, who is thrilled with the Estate’s progress and positive market response to date.

“The developers of Cerulean are behind delivering over $200 million worth of residential projects across the region including Salt Yeppoon, Empire Apartment Hotel, The Gallery Apartments in Rockhampton, as well as development partners on many other notable projects. It’s a privilege to work with them to deliver a quality new project for the region,” Amanda said.

“We are excited to see the bulk earthworks stage nearing completion, and stage 1 civil works about to commence. The feedback from purchasers and builders alike has been very positive with the focus on easy to build level blocks, large frontages, and easement free backyards. Stage 1 prices represent great value in the current climate for such a desirable location. Having previously worked on other projects I know Cerulean is ticking a lot of boxes for buyers”.

“Cerulean Estate has been designed with ease of living in mind and we want land buyers to be proud to call this community home, while enjoying everything our beautiful and expansive region has to offer”. Amanda said.

With the first release ‘Seabright’ boasting 25 level allotments ranging from 714sqm – 916sqm expected to be registered and ready to build on in October, the boutique Estate will also feature a nature based childcare centre by Coastal Kids, supporting the need for increased childcare facilities on the Capricorn Coast.

“The childcare facility will exist harmoniously beside the Estate, set on over 1ha and with a nature buffer to be retained and an acoustic fence construction which will allow optimum privacy for adjoining residents. Mums and dads will have the opportunity to walk their little ones to care each day, and for the bigger kids, Taranganba School is just across the road,” Amanda said.

Capricorn Enterprise CEO, Mary Carroll is delighted to see this new development continuing to progress, as the Capricorn Coast powers ahead as a sought-after destination for both liveability and affordability.

“Cerulean Estate is a welcome addition to our existing land stock and will provide a strong solution to our thriving destination’s growing demand for residential living,” Mary said.

“Our destination continues to thrive as more and more people choose to live, learn, work, invest and visit,” Mary said.

Seabright at Cerulean is currently selling with prices ranging between $232,000- $242,000 and anyone interested in securing an allotment can get in touch with Amanda on 0400 933 078.

“With its desirable location and excellent design, Cerulean will be a very popular choice when choosing your family’s new home,” Amanda said.

Capricorn Coast sees steady, sustained population and property market growth post-COVID

When Brisbane couple Rosie Dodgson and Matthew Scott were looking for an affordable house to buy before starting a family, the Capricorn Coast seemed like the perfect option.

Key points:

Livingstone Shire’s property values increased 7.3 per cent in the year to April 2023
A local real estate agent says the Capricorn Coast is still in the boom phase, despite interest rate hikes
A demographer says migration to coastal towns is influenced by people seeking lifestyle changes

“We would never be able to purchase our first home [in Brisbane] considering the cost of it, and also the competition,” Ms Dodgson said.

The couple is now settled in the central Queensland town of Yeppoon and “couldn’t be happier”.

“It’s a good size for us, it’s not really busy but it’s not a ghost town,” Ms Dodgson said.

They are part of a growing population looking for a sea change in a place where they can also afford to get on the property ladder, according to demographer Elin Charles-Edwards from the University of Queensland.

Dr Charles-Edwards said coastal regions across Queensland were seeing a “spillover effect” of people locked out of markets on the Sunshine and Gold Coasts.

“During COVID we saw a lot of people stay in the regions and also increasingly people attracted to the regional lifestyle, either looking for more space, cheaper housing, and in part facilitated by working from home,” she said.

‘Still in the boom’

Ms Dodgson said the Capricorn Coast was “perfect” for their young family, with a property market where they could afford a three-bedroom house with a large garden.

But it seemed others had the same idea. It took more than a year of the pair putting in offers before they snapped up their home in late 2021.

“There was pretty fierce competition up here,” Ms Dodgson said.

Yeppoon real estate agent Lindsay Lodwick, who has been selling houses on the coast for more than 20 years, was confident the town was “still in the boom cycle”.

And while Ms Dodgson and Mr Smith drove for more than eight hours for open homes during their search, Mr Lodwick said he had lost count of the number of properties he had sold sight unseen or with virtual viewings in the past three years.

“From 2001 to 2020, I had sold two houses sight unseen,” Mr Lodwick said.

“People’s willingness to … make an offer without even looking at the property — that kind of behaviour has become the new norm, which really does blow me away.”

The Livingstone Shire, which includes Yeppoon, had one of the biggest growths in property values in the state for the year to April, according to data from property analyst company CoreLogic.

The area’s median house price jumped 7.3 per cent in the 12 months — to $632,830.

In comparison, the Sunshine Coast dropped 12.2 per cent to a median house price of $942,000 while Cairns was down 1.8 per cent to $557,797, and the Gold Coast dropped 9.3 per cent $975,000.

While previous population influxes in central Queensland had been mainly tied to the resources sector, Dr Charles-Edwards said there had been a shift in this recent wave.

She said it was particularly noticeable between Wide Bay and the Capricorn Coast, where migration was being driven more by lifestyle change.

While previous population influxes in central Queensland had been mainly tied to the resources sector, Dr Charles-Edwards said there had been a shift in this recent wave.

She said it was particularly noticeable between Wide Bay and the Capricorn Coast, where migration was being driven more by lifestyle change.

Growth creates challenges

Though population growth is positive, it is putting pressure on the local shire council.

The region experienced 4.3 per cent growth from 2020 to 2022, according to Bureau of Statistics figures, with a population of 40,952 as of June 2022.

For the same period, regional Queensland’s population growth was an average of 2.8 per cent.

Mayor Andy Ireland expected population growth to keep surpassing projections, forcing the council to “rethink a lot of our short, medium, and longer-term plans”.

“We’re looking at bringing forward a number of the water and sewerage projects,” he said.

“We’ve also looked at our future strategic road network … so that we can start mapping now where the demand for future access is going to be.”

In a bid to increase social housing, the council also recently agreed to gift two lots of land to Anglicare, one in Yeppoon and one in Emu Park, so the organisation can build affordable family accommodation.

Month: May 2023