A multi-million dollar residential project in Burpengary is officially underway to provide 186 specialised homes for the region’s rapidly expanding over-50s population.
Construction Commences on Major Project
The start of this week marked a significant milestone for the Moreton Bay area as heavy machinery began work on the $160 million site. Located at 273-308 Buckley Road, the development is expected to take approximately two and a half years to complete.
Project leaders expect the first group of residents to move into their new homes by the middle of 2026. During the peak of construction, more than 100 tradespeople and staff will be active on the site at any given time to ensure the project stays on schedule.
Focus on Local Infrastructure and Living
The development includes a $4 million investment into public infrastructure to support the increased activity in the area. This funding will cover essential upgrades to Buckley Road and the installation of a new set of traffic lights to manage local vehicle flow.
The housing itself is designed for ease of use, featuring open-plan layouts with two bedrooms, two bathrooms, and double garages. To keep the focus on a relaxed lifestyle, the homes include alfresco areas and multipurpose rooms, with some premium options offering larger internal spaces and private courtyards.
A Social Hub for Active Residents
Central to the community is a $13 million facility designed to serve as a meeting place for neighbours. This hub will house a variety of recreational options, such as a swimming pool, a cinema, and a gymnasium.
For those interested in staying active, the grounds will feature a pickleball court, a golf simulator, and space for water aerobics. These amenities are intended to help residents stay connected and healthy while remaining within walking distance of their front doors.
Meeting the Needs of a Growing Region
Local representatives and the project’s leadership team noted that about one-third of the Moreton Bay population is currently over the age of 50. This creates a strong demand for housing that allows people to downsize their responsibilities without leaving their familiar neighbourhoods or families.
Early interest in the project has been high, with more than $5.7 million in sales already confirmed. In the first stage of the release, over 20 per cent of the available 38 homes were secured before they were officially available to the public.
Financial Model and Community Benefits
The project operates under a land lease model, which changes how residents manage their finances. Instead of traditional ownership, people purchase the physical house and pay a weekly site fee to cover land rent, security, and the maintenance of the shared facilities. This arrangement removes common costs like stamp duty or entry and exit fees. If a resident decides to sell their property in the future, they are able to keep any capital gains earned on the home. For many locals, this provides a way to stay active and social in a secure environment.
Published Date 14-March-2026
Photo Credit: DA 20260629
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