Sam Formby, 23, isn’t a Greenbank resident yet. But she will be, as one of a wave of first home owners building with the aid of the government’s $25,000 assistance package.
Ms Formby is a nursing student and has been working full time during her studies “to be able to get my foot into the property market”.
She has now bought at Covella, an estate at Greenbank managed by AVID Property Group, and will start building next month.
“I grew up as the eldest of seven children, in a family that always rented,” she said.
“So I knew from a young age that I wanted to own my own home, as I saw how stressful renting was for my parents.
“I really wanted to be able to do this as a role model for my younger siblings, to show them that being a homeowner is attainable if you work hard towards that goal.”
Ms Formby said buying her own home had been a long-time dream of hers, and the combination of the HomeBuilder and Queensland First Homeowners’ Grants had allowed to her to do so several years sooner than expected.
“Being eligible for the HomeBuilder Grant and the First Homeowners’ Grant has enable me to realise my dream of owning my home,” Ms Formby said.
“Covella is surrounded by beautiful bushland and is nearby to several hospitals, which will be convenient when I finish University and start working as a nurse. There are a couple of really great schools nearby, which I would love to be able to send my kids to when I start having a family.”
AVID Property Group general manager Queensland Bruce Harper said despite the pandemic, sales along the south-west growth corridor had seen a sharp 300 per cent increase in sales.
AVID has developments at Greenbank (Covella) and Logan Reserve (Killara). Along with another development at Bellbird Park, the company sold 150 blocks in June and July.
“We have seen a substantial increase in enquiries and buyers coming through our display villages in our Logan- and adjacent Springfield-based communities,” Mr Harper said.
“The market is strong across South East Queensland’s major growth corridors, and we are seeing increasing interest from first home buyers and young families looking to get into the property market
while there is great incentive to buy.
“Of the sales across our communities, more than 90 percent have been made to first home buyers, showing they are eager as ever to secure their first homes.”
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