Providence Sales Spike Delivers Premium Stage Sellout
Providence South Ripley developer Okeland Communities is rushing to bring a range of new homesites to market after the stellar success and sellout of Stage 37 of the masterplanned township.
In a testament to the strong sense of community and belonging that Okeland has created at Providence, all 16 lots in the Silverleaf release (which is part of Providence’s Horizons precinct), were sold to owner occupiers.
Pending final settlements and home construction, many of the new owners will be calling Providence home before Christmas.
Providence Sales Manager Jamie Martin said the excellent sales results throughout June reflected a refreshed optimism from buyers about the future of the Queensland market and lower interest rates.
“With large, elevated homesites close to the future town centre and schools, Stage 37 was one of the most exclusive releases in the history of Providence,” he said.
“The quality of the homesites combined with the fact borrowing money has never been cheaper means we are experiencing some of the highest sales and enquiry rates we have had in a very long time.”
Providence is the largest masterplanned community in the Ripley Valley growth corridor where there is a massive $4.4 billion worth of residential projects currently underway which will ultimately provide around 50,000 dwellings to house 120,000 people.
To date, more than 1,300 homesites have been sold at Providence with a population now approaching 3,000 people.
Adding to the population this year will be two of Providence’s newest owners, Toby and Samantha Handler (pictured above), and their daughter.
The couple, originally from Newcastle, chose Providence for their new home after being transferred from New South Wales for work.
Toby, who is a technician with the Royal Australian Air Force, will transfer from Sydney to the nearby Amberley base later this year.
“We are hoping to be here for six to 10 years, so spent a bit of time looking around for a place where we felt comfortable we could raise a family,” he said.
“Ultimately, we loved the fact that Providence was self-contained with great parks, schools and community facilities all close by.
“We also think it will be a great investment over the long term if we are transferred again at some stage in the future.”