This article is from the Australian Property Journal archive
OVER-50s living continues to see strong levels of demand across the Sunshine Coast, with Stockland’s latest Halcyon community nearing sell-out status.
The Stockland Halcyon Coves land lease community, within the Stockland Aura masterplanned community, has seen the first release of 35 homes nearing sell-out, with the second launch of 25 homes hitting the market last week.
Halcyon Coves is the second land lease community in Aura, following the success of Halcyon Nirimba.
“The Sunshine Coast, along with the broader South East Queensland region, continues to see strong demand for homes from over-50s, with settlements doubling year-on-year in the last financial year. The success of the foundation release at Halcyon Coves reflects this demand,” said Andrew Astorquia, project director at Stockland.
“While local buyers from the Sunshine Coast and Brisbane continue to show solid interest, we’re also seeing increased enquiry levels from interstate buyers – particularly from New South Wales and Victoria – who are attracted to the Sunshine Coast’s lifestyle for their retirement years.”
Interstate buyers also made up 12% of all enquiries in the community.
Halcyon Coves joins other notable Stockland communities including Halcyon Parks at Caloundra, Halcyon Landing and Halcyon Lakeside at Bli Bli, and B by Halcyon at Buderim.
While last month, Stockland launched its latest land lease communities in the Logan region in Halcyon Vista and Halcyon Edgebrook, which will deliver a combined 479 new seniors’ living homes.
Stockland entered the land lease sector in 2019 and acquired existing operator Halcyon Communities back in 2022.
While back in April, construction commenced on Stockland’s first NSW land lease community, Stockland Halcyon Gables, which it acquired in 2020.
Stockland Halcyon also launched four new Victorian communities to the market in January, after the success of Halcyon Berwick, with Halcyon Evergreen, Highlands, Horizon and Jardin.
