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1 Your Urban Oasis

2 Urban Ingenuity It s not hard to feel renewed and inspired at Forest Ridge Estate, where you can experience beautiful countryside, wide-open spaces, and retain all the advantages of City living. This is an opportunity to create a new lifestyle in Doolandella, Brisbane s emerging destination for family living. Retreat to comfort at Forest Ridge Estate and secure a spacious contemporary townhome at an unbeatable price. Boutique townhome complex Spacious three bedroom townhomes with secure car space 17 km to Brisbane CBD Access to major arterials and motorways Minutes from Forest Lake High School & Shopping Village Less than 3 km to Richlands Train Station & Bus Interchange 2

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4 The Urban Collection The ultimate family lifestyle awaits at Forest Ridge Estate, with a limited collection of individualised townhomes offering a quiet, peaceful setting among the trees. Each townhome boasts spacious contemporary interiors, with clever integrated layouts carving out unique spaces for each member of the family. 4

5 *Artist Impression A central open-plan living and dining space leads to an outdoor patio where you can enjoy quiet evenings against a backdrop of lush landscaped gardens. Come home to an impressive master suite, replete with walk-in robes and ensuite. Accommodating two cars, each home benefits from ample storage, discrete laundry alcove, and water closet. 5

6 Ipswich Mwy All so close... Doolandella s emergence as a popular destination for family living is driven by its connectivity, proximity to South East Queensland s major growth centres, and attractive lifestyle offering. Significant investments in public transport infrastructure and excellent access to major arterials have enhanced Doolandella s connections with major business hubs and centres of employment including the Brisbane CBD and City of Ipswich. Strategically positioned 17 km southwest of Brisbane s Central Business District, at Doolandella you are well placed to leverage off the success of the Forest Lake and Springfield masterplanned communities, with a thriving lifestyle precinct, quality schools and shopping amenities just minutes away. Urban Renewal - Why Invest? Forest Ridge Estate offers every opportunity to capitalise on the key factors propelling Doolandella s high-performance property market. The suburb benefits from being close to established community hubs, major shopping destinations, public transport infrastructure and key arterial roads. Doolandella s untouched land and quality housing stock is available at affordable prices, which is seeing young families and investors favour the suburb. 6

7 Brisbane CBD High-Growth Area Rising Property Market Low Vacancy Rate Blunder Rd August figures from SQM Research show Doolandella s vacancy rate at 1.2%, highlighting the strong demand for accommodation in the area. In the year to June 2012, the Forest Lake Doolandella region significantly outpaced Greater Brisbane s overall population growth rate, recording a 6.5% increase in population. These favourable demographics illustrate the suburb s capacity to deliver attractive capital gains and sizeable returns on investment. Data sourced from SQM Research, ABS 7

8 Welcome to the Future of Doolandella Doolandella is positioned in the heart of Brisbane s emerging western growth corridor, and is set to benefit significantly from the rapid expansion of Ipswich, revitalisation of nearby Richland, and the continued growth of master-planned communities at Forest Lake and Springfield. Major public and private investments in these areas are complementing strong employment and population growth, with many industrial and manufacturing hubs, commercial and retail precincts, and health and education facilities firmly established in the region. 8

9 Ipswich Located to the west of Brisbane, Ipswich is on track to grow at a faster rate than the rest of South East Queensland. Queensland Government projections forecast that by 2026, the Ipswich economy is likely to be worth $12.7 billion and home to a population of 355,000. This surge in growth is fuelling demand for new residential property in the region and leading to major enhancements of lifestyle amenities and the introduction of new transport infrastructure. At Doolandella you have quick access to Ipswich Hospital, the University of Queensland (Ipswich campus) and Southern Queensland TAFE, in addition to the City s thriving retail precincts including Ipswich Central and Riverlink. OESR population projections for Ipswich, medium series Data sourced from Queensland Government Data sourced from Queensland Government Springfield A rapidly growing masterplanned satellite City west of Brisbane, Springfield is emerging as South East Queensland s new growth centre with a projected population of around 105,000 by Springfield s significant population gains are attracting major retailers to the region and driving important infrastructure investments, including extension of rail services from Richland into Springfield, and construction of a new $85 million Mater Private Hospital. Forest Lake Doolandella sits in close proximity to the established Forest Lake community, where residents can gain from access to the highly regarded Forest Lake State High School and St John s Anglican College, and enjoy nearby parklands, creeks and nature reserves. A short drive from Doolandella is Forest Lake Village Shopping Centre, a thriving community hub with 74 speciality stores and major tenants including Woolworths, Coles and Aldi. A great range of restaurants and cafes complement an array of services from banking to health and beauty. 9

10 The Road to Growth Encircled by beautiful creeks and nature reserves, Doolandella offers easy connections to South East Queensland s expanding network of Motorways and arterials. Less than 3 km from the front door are the Ipswich, Centenary, Logan and Gateway Motorways, providing residents quick access to major South East Queensland destinations including Ipswich, Springfield, Brisbane CBD, Brisbane Airport, and the Sunshine Coast and Gold Coast. Connections have improved considerably with the recent completion of the $800 million Darra to Springfield Transport Corridor project, and the $475 million Richlands to Springfield Project. A major transport upgrade completed in 2011, the Darra to Springfield Transport Corridor represented the first integrated road and rail project in South East Queensland. The project includes a new 4.5km rail line from Darra to a new 10

11 Centenary Highway station at Richlands, and the expansion of the Centenary Highway from 2 to 4 lanes. Earmarked for completion in 2014, the Richlands to Springfield Project promises to further enhance resident s transport amenities, with works involving the upgrade of approximately 5.5km of the Centenary Highway between the Logan Motorway, Forest Lake and Springfield Parkway, Springfield. Planned improvements to the Logan Motorway a vital route connecting Doolandella to the Gateway Motorway and Centenary Motorway are likely to gain momentum with the introduction of the Queensland Government s Logan Motorway Corridor Strategy. As part of the plan, the route is projected to receive substantial improvements in connectivity, road network efficiency and safety. New pathways, New opportunities Centenary Highway Upgrade Logan Motorway Logan Motorway Source: Queensland Government. 11

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13 At Forest Ridge Estate, you can take advantage of excellent public transport infrastructure. Just a short drive away is the new $40 million Richlands Station where you can use regular train and bus services to connect to Brisbane, Ipswich and Springfield. Commuters can park their car at the station utilising the Park n Ride service, while the provision of pedestrian and cycle amenities enables residents alternative routes to the Station. The expanding industrial hubs of Acacia Ridge and Cooper s Plains can be accessed through direct bus services, along with many of Brisbane s popular lifestyle destinations. The $475 million Richlands to Springfield Project involves the construction of a 9.5km rail line to new stations at Springfield and Springfield Central. From nearby Richlands Station, Doolandella residents are just minutes from Springfield one of Australia s fastest growing regional hubs, and one of the Western Corridor s major employment nodes. New Connections for your future To Springfield Logan Motorway Source: Queensland Government. 13

14 Jobs Growth The continued expansion of South East Queensland s Western Growth Corridor is being driven by major jobs growth in the key regional centres of Ipswich, Springfield, and Forest Lake. Excellent connectivity with these employment nodes will likely underpin Doolandella s future growth in resident population. One of Australia s leading urban growth and job creation zones, Ipswich possesses around 43% of available industrial land in South East Queensland, and is a regional focal point for manufacturing, ICT and knowledge industries, and professional and technical services. Council forecasts project that Ipswich will accommodate an additional 120,000 jobs by 2031, with approximately additional dwellings needed to address Ipswich s expected regional growth and population increases. Occupation of Employed Persons (Doolandella - Forest Lake) Managers 9.0% 10.7% Professionals 8.3% 10.2% 17.8% 18.8% 13.4% Technicians and Trade Workers Community and Personal Service Workers Clerical and Administrative Workers Sales Workers Machinery Operators and Drivers 10.0% Labourers Other - 1.9% Data sourced from Australian Bureau of Statistics. Forest-Lake Doolandella statistical area. 14

15 Another vital component of the Western Corridor, regional hub Springfield is one of South East Queensland s leading knowledge based industry precincts. The community is attracting significant public and private investment and is a major centre for information and communications technology, health and education, sustainable industries and clean industries, and professional services. The Springfield CBD, which includes a business precinct, health hub, technology park, and education precinct, is projected to provide employment to around 30,000 workers. 15

16 Upgrade your lifestyle Doolandella is a family-focused suburb with a strong sense of community. The Doolandella- Forest Lake region has a high proportion of young families with children, with 23.5% of the population in the 0-14 year age group and a median age of 37.3 in The enduring appeals of a quiet, private setting and quality, affordable housing reflect in the area s steadily growing resident population, which reached approximately 28,083 in Data sourced from Australian Bureau of Statistics. Forest-Lake Doolandella statistical area. 16

17 This is where families make memories 23.5% 0-14 years years years years Others 17

18 Brisbane Brisbane is the capital city of Queensland and the third biggest city in Australia Brisbane encompasses an urban area of 1338 square kilometres The population of Brisbane has reached 2,240,000 and is one of the fastest growing capital cities in Australia Brisbane is a multicultural city, with 21.7% of the population from overseas With a shortfall in housing supply, BIS Shrapnel predicts that housing prices in Brisbane will increase by 15.2% in the coming three years 18

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20 Queensland Best known as Australia s Sunshine State, Queensland is positioned to the South East of the continent. The State offers a warm subtropical climate and attractive lifestyle that appeals to a wide demographic. With a rapidly expanding resources and services sector, Queensland s manufacturing and mining industries are some of the best performed in Australia. 20

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24 Your urban expedition ❶ University of Queensland ❷ Rocklea Markets ❸ Archerfield Airport ❹ Griffith University ❺ Wolston Park Golf Club ❻ Forest Lake Village ❼ Richlands Station Train Line MOUNT OMMANEY SEVENTEEN MILE ROCKS MOGGILL Ipswich Motorway DURACK ❼ IPSWICH Ipswich Motorway ❺ Centerary Motorway FOREST LAKE ❻ SPRINGFIELD

25 Coronation Dr CBD NEW FARM WEST END ❶ GREENSLOPES Ipswich Rd TARRAGINDI HOLLAND PARK ❷ ROCKLEA Pacific Motorway SALISBURY ❹ Raiwena Rd ❸ ARCHERFIELD Beaudesert Rd COOPERS PLAINS Logan Rd RUNCORN ACACIA RIDGE ala Ave King Ave DOOLANDELLA ALGESTER SUNNYBANK HILLS Gatway Motorway KARAWATHA Blunder Rd PARKINSON Karawatha Forest Logan Motorway

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32 Whilst every care has been taken in the preparation of this document, it is for guidance only. This developer and its agents make no warranty or representation as to the accuracy, reliability, currency, or completeness of the information herein contained. Illustrations, diagrams and the photographs are for presentation purpose only. Interested parties should satisfy themselves as to the accuracy, reliability, currency, or completeness of each description or reference. All information herein is subject to change without notice.