Work starts on 2000-home development

The first sod has been officially turned on the new Rivermont development which will bring more than 2000 new homes to Waraba.

Mayor Peter Flannery joined Deputy Premier, Minister for State Development, Infrastructure and Planning Jarrod Bleijie officially break ground on Stockland Rivermont.

Bulk earthworks are underway with first settlements expected in August and lots ready to build in late 2025.

Stage one will see 205 homesites, ranging from 124 square metres to 940 square metres. Land prices at the 175-hectare community start at $293,500.

There will be 47 hectares of green space and six parks with Rivermont expected to give the state economy a $573 million boost during construction.

“Rivermont will provide around 2000 homes that cater to first homebuyers through to those looking to downsize,” Stockland General Manager QLD Development, David Laner, said.

“Residents will be close to future proposed amenities like shops and childcare and the existing amenities in Caboolture and Morayfield.

“For us, it’s about increasing the supply of aspirational and attainable homes with the right infrastructure in place that will support the growing community and the Queensland Government’s housing targets.”

Deputy Premier Bleijie said: “New developments, like Rivermont with the Queensland Government’s abolition of stamp duty on new homes for first home buyers and $2 billion Residential Activation Fund, will deliver more places for Queenslanders to call home.”

Mayor Peter Flannery said Waraba “will address much-needed housing supply for City of Moreton Bay, ensuring a diversity of housing to meet the demand of our growing population and ease the housing crisis.”

The first two releases at Stockland Rivermont have seen strong demand. The next release is on April 5, followed by additional releases on May 3 and 31.

For more information visit the Stockland website www.stockland.com.au/residential/qld/rivermont