An Exclusive Investment Opportunity. Augusta Parkway, Augustine Heights, QLD. Located in Australia s Fastest Growing City

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1 An Exclusive Investment Opportunity Augusta Parkway, Augustine Heights, QLD Located in Australia s Fastest Growing City

2 1 St Augustine s Catholic College (Prep - Year 12) 8 Orion Shopping Centre & Springfield Town Centre 15 Health City Early Learning Centre Augustine Heights ABC Brookwater Child Care Centre Caltex Service Station, Springfield Police Station and Retail Centre Springfield Central Bus & Train Interchange Brookwater Retail Village, Woolworths, Retail and Mater Specialist Medical Centre Brookwater Urban Village Springfied Technology Park Education City - Including University of Southern Queensland, St Peters Lutheran College (Prep - Year 12), Union Institute of Languages, Bremer Tafe 5 Brookwater Golf & Country Club 12 Springfield Lakes Railway Station 18 Springfield Anglican College (Prep - Year 12) 6 Brookwater Residential Community 13 City Point 19 Springfield Lakes Residential 7 Augusta State Primary School (Prep - Year 7) 14 New format Woolworths Hardware centre PARKWAY GREEN RELAX & ENJOY LIFE AT GREATER SPRINGFIELDS MOST LIVEABLE NEIGHBOURHOOD Parkway Green is one of those rare communities where families can feel connected with the people that live around them. Recently Named the World s best master-planned city by the International Real Estate Federation at the 2010 Prix d Excellence Awards. 01

3 xxxxx Master Plan Parkway Green is a limited release of various sized allotments, that range between 320m 2 to 773m 2. With internal parklands and building covenants to ensure the highest quality of building standards, this exclusive community will become Augustine Height s premier address. 02

4 Location Parkway Green Location Parkway Green is located in the heart of Augustine Heights, 6.6km from the Springfield CBD. Augustine Heights residents benefit from a lifestyle location with proximity to an array of shopping, employment and education amenity. Augustine Heights is Located: 200m to the Greg Norman designed and award winning Brookwater Golf Course 400m to Saint Augustine College 2.5km to Springfield CBD 13km to Ipswich CBD 1.8km to Centenary Highway 2.5km to Orion Springfield Shopping Centre 2.7km to Springfield Fair Shopping Centre 2.4km to The Springfield College & 3.3km to University of Southern Queensland 3.5km to Springfield Lakes State School & 3km to Woodcrest State College *All distances & maps are approximate only 03

5 xxxxx Queensland Why Invest in QLD? Queensland s economy will grow at a faster rate than any other state in the nation over the next two years as the reconstruction effort and the resources sector power the state s next big boom Andrew Fraser, QLD Treasurer s State Budget, released 14 June % 2.4% 2.1% Average Annual Population Growth % 1.5% 1.6% 1.5% 1.4% - 1.5% 1.0% 1.1% 0.9% 0.8% 0.5% 0.0% -0.5% Queensland Western Australia Victoria Northern Territory Australia Capital Territory New South Wales -0.3% South Australia Tasmania Other Territories AUSTRALIA Source: QLD Government, ABS 04

6 South-East Queensland Why Invest in South-East QLD? South-East Queensland is the FASTEST growing and largest region in QLD. Currently, South-East Queensland represents more than two-thirds of Queensland s rapidly growing population. Accordingly, the Queensland Government has established an infrastructure program estimated in excess of $130 billion, in order to accommodate for the construction of an additional 754,000 dwellings required from Whilst this represents a demand of 30,160 dwellings annually, when compared with current building approval figures the region reflects a gross shortage of more than 7,000 homes a year from March March ,000 Estimate Dwelling Shortage South-East Queensland ,000 25,000 20,000 A Shortage of 9,522 homes in 2011 alone. 15,000 10, Dwelling Approvals Dwelling Shortage Source: QLD Gov - Department of Infrastructure & Planning, Office of Economic & Statistical Research Source: Ipswich City Council, OESR, QLD Gov - Department of Infrastructure & Planning, Office of Economic & Statistical Research 05

7 Ipswich Why Invest in Ipswich? Ipswich is the FASTEST growing city in Australia Ipswich has a current population of approximately 168,000 residents, however is projected to reach in excess of 460,000 by Over the period , Ipswich is forecast as Queensland s fastest growing City - reflecting astonishing growth of over 220% in demand for new homes. This incredible forecast of growth is attributed to the attractiveness of the City for both employers and families alike. With excellent shopping & retail amenity and educational & transport infrastructure, Ipswich is conveniently located just 31km from Brisbane s CBD. A large portion of this growth projected for Ipswich will be accommodated by the satellite cities planned for Ripley and Greater Springfield. 200% Households, Dwellings & Demand Projected Top 10 QLD % 100% 50% 0% Ipswich Scenic Rim Gladstone Lockyer Valley Central Highlands Somerset Townsville Fraser Coast Logan Gold Coast Household Growth Dwelling Growth Underlying Demand Source: QLD Gov Office of Economic & Statistical Research 06

8 Why Springfield? Identified as one of the future satellite cities to accommodate the immense growth forecast for South-East Queensland, the $23 BILLION Greater Springfield community will be home to more than 100,000 residents and provide employment to more than 30,000 workers. Within the Greater Springfield Region, already more than $3.2 BILLION has been spent to create world-class education, retail and medical infrastructure, with an additional $620 MILLION to be spent annually over the next five years. MILESTONES GREATER SPRINGFIELD Purchase of Greater Springfield land parcel (2,860ha) Springfield Land Corporation Springfield Lakes Residential Development commences (4500+lots) Delfin Lend Lease Centenary Highway to Springfield ($72 million) Award-winning Greg Norman designed Brookwater Golf Course Education City ($114 million) Springfield Land Corporatin and Mirvac Developments Opened by the former Prime Minister of Australia, The Hon. John Howard 07 Orion Springfield Town Centre ($143 million) Mirvac Developments Opened by the then Premier of Queensland, Mr Peter Beattie, 6-star Green Star Rating - Green Building Council of Australia 6 Amberley Mega Air Base 15 mins IPSWICH 15 mins BRISBANE CBD 32 mins GREATER SPRINGFIELD Brisbane Airport 40 mins LOGAN CENTRAL MORETON BAY Springfield Tower, Parkside CBD ($60 million) Tier 3+ Polaris Data Centre, Parkside CBD ($220 million) Springfield Land Corporation & Suncorp Metway Centenary Highway Extension to Cunningham Highway ($366 million) Springfield Central Parklands Ipswich City Council and Springfield Land Corporation to date investment $3.2 Billion 4-Star Green Star Rating - Office Design v2 - Green Building Council of Australia Australia s most advanced ICT Facility $30 million investment by Federal, State and Local Government Construction to commence on 13,000m2 commercial office building in Springfield Technology Park Proposed opening 154 Sinnathamby Boulevard, Parkside CBD ($100 million) Key Centres Train Line Arterial Road Future Train Line 2013 Waterbody Gold Coast Airport 60 mins GOLD COAST 50 mins 13 Springfield Central Train Station ($646 million) 30 Springfield Central Parklands Ipswich City Council and Springfield Land Corporation to date investment $3.2 Billion Source: Springfield Land Corporation, QLD Government 07

9 Lifestyle Why Augustine Heights? Located 2.5km from the Springfield CBD, 13km from Ipswich CBD & just 26km from Brisbane CBD, Augustine Heights represents a major urban centre servicing the greater Springfield Community. In this regard, Augustine Heights benefits from convenient access to the Brisbane CBD, via the Centenary Highway and the amenity of Orion Springfield Town Centre and Orion Shopping Centre the key economic and employment hub anchoring the Greater Springfield region. Education Similarly Augustine Heights residents enjoy direct proximity n to a range of educational opportunities, including the University of Southern Queensland, The Springfield College & Springfield Lakes State School. Shopping Community Lifestyle 08

10 1. Population Growth & Dwelling Demand Queensland is the fastest growing state in Australia with an average annual population growth rate of 2.45% from South-East Queensland is Queensland s largest and fastest growing region indicating growth of more than 13% from Ipswich has been projected as Queensland s fastest growing area from , with forecasts indicating growth of more than 200% in households, dwellings and resulting underlying demand Ipswich has been projected to exhibit an increase in underlying demand for residential property of more than 200% over the next twenty years. Springfield identified to accommodate population of more than 100,000 residents over the next 20 years. $1.2 BILLION railway line link to Springfield currently under construction and opening 2013 $3.2 BILLION invested in the development of the Springfield community Multi million dollar planned Springfield Health Hub - 52 HA $70 MILLION Springfield Town Centre Stage 2 Fastest growing population in Central Queensland 2. Local Major Infrastructure Projects Ipswich River Heart Urban Renewal Capacity to require 49,000 jobs Ipswich Hospital Upgrade - $290 MILLION 13 New schools from $315 MILLION Ipswich Aerospace Park at Amberley Amberley RAAF Base redevelopment & expansion - $285 MILLION Swanbank substation refurbishment - $120 MILLION Ipswich Rail line extension and upgrade program more than $600 MILLION Logan Motorway/Ipswich Motorway interchange - $160 MILLION Cunningham Highway to Warrego Highway connection - $70 MILLION Extension & upgrade of Centenary Highway more than $600 MILLION Western Ipswich Bypass - $200 MILLION Cunningham Highway upgrade - $90 MILLION Over $4 Billion worth of Infrastructure Projects in Springfield 3. Local Amenity & Economic Drivers Riverlink Shopping Village - $200 MILLION Boulder Specialty Steel Swanbank Enterprise Park - $750 Million capital expenditure & 400 operational jobs Australia Meat Holdings Australia s largest meat processing plant processing 3,200 cattle per day & employing 2,600 staff Ipswich Motorsport Precinct Capral Aluminium Australia s largest aluminium extrusion plant - $130 Million capital expenditure $65 MILLION Springfield Tower - 10 storey, 4-Star Green Star Rated building $220 MILLION Polaris Data Centre the most advanced ICT facility in Australia comprising 14,000m² of Tier 3 data centre space University of Queensland Ipswich Campus, University of Southern Queensland Campus, Bremer Institute of TAFE Amberley Air Base The largest Royal Air Force Base in Australia currently employing more than 3,500 people Proposed multi-million dollar Ipswich Aerospace Park Source: Springfield Land Corporation, Ipswich City Council, QLD Government Extensive Community and Education Facilities 09

11 Market Analysis Capital Growth The Queensland State Government Office of Economic & Statistical Research forecasts Demand for new houses in Ipswich to increase over 200% over the next 20 years, equating to an underlying demand for 4,753 new homes annually. With new building approvals for the year ending 31 March 2011 totalling 2,066, this indicates a shortage of 2,687 homes over this period alone. New Homes in Parkway Green are positioned to capitalise on the upward pressure on house prices that will continue to be created by this significant under-supply of housing in Ipswich. The strength of these supply and demand fundamentals ensure strong capital growth prospects. 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10, Demand for New Homes Ipswich ,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Shortage of New Homes Ipswich March March 2011 Ipswich A Shortage of 2,687 homes in one year alone. Total Demand for new homes Demand Trend Rental Growth The Springfield region, including Augustine Heights has maintained strong growth over the 3 years to Over this period, the median weekly rent recorded for the region has grown by 8.6%. $460 $440 $420 $400 $380 $360 $340 $320 $300 $350 Median Weekly Rental Performance Greater Springfield March March 2012 $360 $370 $380 Mar - 09 Mar - 10 Mar - 11 Mar - 12 *Current Appraisal For New 4 Bed Homes in Parkway Green *Appraisal provided by Harcourts Springfield Real Estate, January 2012 Rental Appraisal provides a range of $440 - $460 per week for a Simonds Homes 'Lexington' Design within Parkway Green Estate, Augustine Heights $440 Source: ABS, OESR, RTA 10

12 Market Analysis The Value is Clear... Augustine Heights is Springfield s premier address. Parkway Green offers a select group of investors the exclusive opportunity to secure pre construction pricing of house and land packages from $417,500. All homes are turn-key 100% complete and ready to move into. Act now because these prices our homes are selling fast! Comparable House & Land Sales Achieved in Augustine Heights: LOT 56 Parkway Green, Augustine Heights $470,000 August 2012* 5 Bed, 3 Bath, Double Lock-Up Garage LOT 20 Valentine Circuit, Augustine Heights $439,900 June 2012* 4 Bed, 2 Bath, Double Lock-Up Garage LOT 129, Parkway Green, Augustine Heights $515,000 April 2012* 5 Bed, 3 Bath, Double Lock-Up Garage 16 FAUSTINA CLOSE, Augustine Heights $420,000 November Bed, 2 Bath, Double Lock-Up Garage 72 ST AUGUSTINES DRIVE, Augustine Heights $446,900 December Bed, 2 Bath, Double Lock-Up Garage *Unconditional Contract Source: PDS Live, Local Developers & Sale Operatives 11

13 DISCLAIMER While every effort has been taken to ensure the accuracy of the information provided within this brochure the authors make no warranities as to the accuracy of such information and prospective purchasers are encouraged to conduct their own investigations. All figures, calculations, graph and maps are approximate only.

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