Thanks to @Lindsay Saunders and @The Urban Developer for the recent feature on the exceptionally strong demand for QUBE's Yarrimbah Heights Estate in Bullsbrook which has seen the company escalate the release of its second stage by more than six months to meet surging market demand.
@QUBE Property managing director @Mark Hector said that although demand had been strong throughout 2023, the first quarter of this year had recorded an even greater lift in sales as Perth's residential market continued to be one of the country's strongest performers.
Mr Hector said the company’s larger lot releases on the city’s urban fringe, in sought-after semi-rural locations such as Bullsbrook and Lower Chittering, had performed particularly well over the past three years, with sales activity showing no signs of slowing.
“The first 18 lots in the 173-lot estate were launched to market in November 2023 and the final lots of stage one were placed under contract earlier this month after a record number of registrations of interest,” Mr Hector said.
“These are larger lots, averaging around 2ha and are proving popular with young families looking for more space to spread out, build larger homes, and for space to accommodate toys and hobbies.
“They’ve also been appealing to more mature buyers who may have gone through a period of transition, whether that’s work or lifestyle, and who are seeking a treechange but in a location within 45 minutes of the city.”
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