Ausbuild launches $27 million development in Moreton Bay

[ADVERTORIAL]

Ausbuild, Queensland’s largest privately owned developer and home builder, is deepening its commitment to Brisbane’s North with the launch of Formosa, a $27 million residential development at Murrumba Downs.

The project is the latest in Ausbuild’s ongoing investment in the region, addressing the growing demand for housing and lifestyle-oriented communities.

Formosa, Murrumba Downs will offer 32 new residential lots, ranging from 322-615sqm.

Designed to cater to families, first-time buyers, and those seeking an ideal North Brisbane lifestyle, this community will offer accessibility and convenience for its residents.

With civil works already underway, the first homes are expected to be finished by late 2025.

The Murrumba Downs development is strategically located on Twin Lakes Drive and Wellington Rd, providing residents with easy access to amenities such as Living Faith Lutheran Primary School, Murrumba Downs train station, childcare facilities, and North Lakes shopping centre.

A pedestrian link between Wellington Rd and Twin Lakes Drive has been incorporated into the development, allowing residents seamless access to nearby facilities.

Ausbuild’s Executive Manager of Development Keith Cairns says the Murrumba Downs project will have a positive impact on the region.

“We’re thrilled to bring this new community-focused development to Murrumba Downs. With its proximity to essential amenities, this project is perfectly suited for the City of Moreton Bay’s growing area,” Keith says.

“By enhancing community connectivity and providing new housing options, we’re creating an extension of the existing community.

“The new development is infill housing, so new residents don’t have to wait for necessary services or infrastructure to be established.

“Public transport, schools, employment opportunities and shopping are just a stone's throw away. For those residents who need to travel interstate or overseas, the airport is about a 30-minute trip away.”

The Murrumba Downs development aligns with Ausbuild’s broader commitment to South East Queensland’s Regional Plan, contributing to the state’s housing targets.

Ausbuild has recently completed Grevillea in Bridgeman Downs, a $12 million boutique development delivering 17 premium lots.

The project offers North Brisbane residents a more exclusive housing option, further showcasing Ausbuild’s commitment to delivering diverse housing solutions across Brisbane’s northern suburbs and across the City of Moreton Bay.

Ausbuild Joint Managing Director Matt Bell says Ausbuild is playing a key role in supporting Queensland’s housing goals.

“Through our community developments in Murrumba Downs and Bridgeman Downs, Ausbuild is proud to assist the Government in reaching its housing goals,” Matt says.

“At Ausbuild, we don’t just build homes; we build communities. We’re excited to see the positive impact our developments will have in the City of Moreton Bay just north of the river, and in South East Queensland more broadly.”

Formosa (Murrumba Downs) and Grevillea (Bridgeman Downs) join Ausbuild’s portfolio of communities in South East Queensland including Somerset (Park Ridge), The Sanctuary (Warner), Prominence (Pallara), Tranquillity (Taigum), and Montrose (Morayfield).

For more information about Ausbuild’s house and land packages, visit the website.