‘No land left’: HomeBuilder sparks feeding frenzy

A recent Courier Mail article has highlighted the current land supply shortfalls experienced in South East Queensland.

“Hopeful Queensland buyers have taken to camping outside sales offices the night before land is released with shortages from the HomeBuilder frenzy.”

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The Madison Park entry is a breath of fresh air for Park Ridge.

Hopeful buyers have taken to camping outside sales offices the night before land is released given the shortage of land sparked from the HomeBuilder frenzy.

While the grant – a $25,000 scheme for homebuyers – has kick-started the economy as it was intended to do, there is next to no available land left.

Real estate agents have reported entire land releases to have sold in just days.

Some local builders have cashed in with an abundance of work lined up, they say, others haven’t been so lucky.

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