Home Guarantee Scheme eligibility expands

The Federal Government have recently announced their decision to expand the criteria of the First Home Guarantee Scheme, in an attempt to assist more home buyers into the market.

Previously, the scheme was restricted to married and singles as well as de facto relationships.

From July 1 2023, the expanded criteria will see friends, siblings and other family members be able to apply for the First Home Guarantee, Regional First Home Buyer Guarantee and the Family Home Guarantee.

As part of this scheme, the Federal Government acts a guarantor on up to 15 per cent of a loan – enabling eligible home buyers to purchase a home with a deposit as low as 5% without paying lenders mortgage insurance (LMI).

The scheme will offer 35,000 First Home Guarantee Places each year with an additional, 10,000 Regional First Home Buyer and 5,000 Family Home Guarantee places also on offer.

To find out more about the scheme see https://www.nhfic.gov.au/support-buy-home/first-home-guarantee

Rochedale Road Upgrade

Rochedale and Priestdale Road upgrade complete 

Residents of Arise can welcome a congestion free intersection at Rochedale & Priestdale Road as the $24 million upgrade has recently been completed.

Used by several nearby schools and business, the intersection sees traffic numbers of nearly 20,000 motorists every day (City of Logan, 2023). This significant upgrade has improved safety and overall operation which will assist travel times for locals, parents, and workers alike.

The project has been jointly funded by the Australian Government and Brisbane and Logan city councils with the major works beginning in January 2022.

The works included removing a single lane roundabout, replaced with a full controlled traffic lights intersection, as well as widening Rochedale Road to include four lanes through the intersection.

The upgrade also included on-road cycle lanes, along with pedestrian crossings on all approaches to the intersection improving the safety for active transport users and students.

For more information, visit www.brisbane.qld.gov.au

 

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Transport Upgrades for Arise

The Brisbane Metro project has continued to move forth in its construction within the Rochedale area with a delivery date expected to be in mid-2023.

The completed project will significantly increase transport access for residents of Arise, particularly with the development of the Brisbane Metro Depot. The depot is situated a mere 2.5kms from the entrance of Arise.

Once completed, the Depot will house 60 fully electric vehicles produced by world-leading vehicle manufacturer HESS, in conjunction with Brisbane based manufacturer Volgren.

The depot will be one of the biggest and most technologically advanced facilities within Australia, with the fleet facilitating travel across Brisbane in association with existing bus services.

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Victoria’s Big Build – Mickleham Road Upgrade
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Victoria’s Big Build – Mickleham Road Upgrade

Residents of The Maples are to become the beneficiaries of a $219 million upgrade to Mickleham Road which will include significant upgrades to lanes, traffic lights and footpaths.

The project which is to commence in mid-2023 will include construction of additional lanes in each direction on Mickleham Road between Somerton and Dellamore Boulevard.

Furthermore, traffic lights will replace the roundabout at the Somerton Road intersection with new traffic lights also to be installed at the Aitken College intersection.

Upgrades to both Hillview Road and Dellamore Boulevard intersections will also be included in the works.

Overall, with these upgrades residents of The Maples can expect significantly reduced congestion and improved travel times in the area with improved accessibility and efficiency of road networks.  
Additionally, residents will be able to enjoy new sections of walking and cycling paths which are to be introduced to improve connectivity and road safety along Mickleham Road.  

As previously stated, the Mickleham Road upgrade will begin in mid-2023 with works expected to be completed by early 2025.

More information can be found here on Victoria’s Big Build website – Mickleham Road Upgrade – Victoria’s Big Build

Circa 1886 Shortlisted for UDIA Awards for Excellence 2022
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Circa 1886 Shortlisted for UDIA Awards for Excellence 2022

We are honored to learn that Circa 1886 has been shortlisted within the Residential Development (over 250 lots) category in this year’s UDIA Awards for Excellence.

These awards showcase some of the best residential developments from around the state, with judging to consider a written response from the project as well as an on-site inspection.

We look forward to the next stage of judging and celebrating each of the finalists at this year’s awards.

Builder Appointed – Heide Collective Project
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Builder Appointed – Heide Collective Project

Renowned for delivering high-end residential projects across Victoria, as well as their charitable involvement with the Royal Melbourne Hospital, Mazzei Homes have been appointed as project builder for Heide Collective – a collection of residences in Heidelberg which celebrate the vision and design excellence of Pask, Webster Architecture and NBLA.

Visit the website to find out more – heidecollective.com.au

Strong growth witnessed across Pask’s communities
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Strong growth witnessed across Pask’s communities

When selecting a suburb to build a new development, Pask  are very selective in ensuring each location meets its benchmarks to create timeless communities that will uphold the “Places for Generations” vision.

Pask’s meticulously planned projects in Rowville, Frankston South and Greenvale are perfect examples of the careful consideration taken in selecting premium sites for new development.

These suburbs have been the beneficiaries of consistent residential growth, benefitting from a raft of established amenity inclusive of top-tier schools, progressive shopping precincts and recreational hubs, all of which impact positively upon real estate growth.

Greenvale, the location of Pask’s, ‘The Maples’ estate, has recently experienced an impressive quarterly price change of 13.6% (REIV, 2022). This price increase has seen the median sale price for the suburb now exceed $1 million (REIV, 2022). In the two-year period from Q2 2020 to Q2 2022), house prices in the area have seen growth in excess of 26% (REIV, 2022).

Property markets will fluctuate over time but sought after locations, with quality infrastructure, will stand the test of time. Greenvale’s scarcity of future new housing supply and exciting rapid infrastructure development continues to offer increased amenities on the doorstep of residents.

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Urban: Sales launch at Pask’s luxury Esplanade, Palm Beach apartment development

The well-regarded property developer, Pask, has kicked off its sales campaign at its luxury Palm Beach apartment development on the sought-after The Esplanade.

Click here to read the full article.

Development Approval Received
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Development Approval Received

We are pleased to announce that we have received development approval for Esplanade, Palm Beach.

A collection of 16 beachfront residences, Esplanade represents the latest addition to Pask’s signature residential portfolio.

Designed in collaboration with Plus Architecture, Esplanade is defined by an elegant form, use of natural materials and unimpeded views of the coastline.

Embodying a connection between light and views, interiors are an expression of coastal sophistication, combining elegant finishes and detail with a boundless sense of space.

For more information, see esplanadepalmbeach.com.au.

Circa Sells Out
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Circa Sells Out

Circa 1886 joins Pask’s portfolio of completed residential communities.

A considered design response complementing the site’s unique topography, together with an exceptional landscape vision, provided the building blocks for this enduring community.

Envisioned by Tract Consultants, the centrally located 1-hectare Circa Park was delivered by Pask as part of Stage 1 to ensure it could be enjoyed by its residents from day one. A place to relax and unwind, or gather with friends – both old and new, Circa Park played a crucial role in the formation of this community.

Permit Success at East Melbourne
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Permit Success at East Melbourne

Pask are pleased to announce recent permit success at 250 Albert Street, East Melbourne.

Plans for the site will include an iconic eight level building of curved form and natural materials envisioned by FJMT Architecture, which will elegantly and respectfully integrate into its surrounds, along with the restoration of two existing heritage residences led by the renowned SJB Interiors.

Inspired by the site’s abundant park side setting and the built fabric for which East Melbourne is best known, landscapes by NBLA will further complement the design vision to deliver a luxury residential offering of the highest quality in one of Melbourne’s most sought after locations.

Bankside Rowville Launch
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Bankside Rowville Launch

Bankside will provide an urban sanctuary of rare and remarkable character setting a new benchmark for residential living in Rowville.

Recently, our sales team conducted a series of onsite tours to share Pask’s unique project vision, and finer details of lots which were to be offered in the first release.

An opportunity afforded exclusively to the project database, around 170 groups took up their place in one of the many tours offered over two weekends.

Following strong interest, Stage 2B – Bankside’s first release launched online last week – providing those registered with an exclusive opportunity to secure one of nine lots offered to market.

Ranging between 294m2 and 618m2, the release appealed to a selection of buyers, achieving almost full sell out in a matter of hours!

Feature – Urban Sanctuary Awaits

Feature – Urban Sanctuary Awaits

Private and peaceful but within easy reach of Melbourne’s freeway network, a shopping centre and local restaurants and schools — Bankside is raising the bar in Rowville.

The new, high-quality development will include a community of about 800 homes, a range of architecturally designed amenities and plenty of open spaces, parks and reserves.

Click here to read full article.

Source – Herald Sun

Pask Group Celebrates UDIA QLD’s 50 Year Milestone

Pask Group Celebrates UDIA QLD’s 50 Year Milestone

Pask Group are a long-standing member of the UDIA and have been members of UDIA QLD for over 40 years. To commemorate UDIA QLD’s recent 50 year milestone, our Managing Director Dean Pask was asked to prepare a contributing piece for the organisation’s ‘Establish’ publication drawing on Pask’s own company journey and relationship with the UDIA.

Click here to read the full article.

Hark Berwick Sold Out
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Hark Berwick Sold Out

Hark, our vibrant new community in Berwick is complete, with all remaining residences now sold. Featuring the inspired design of award-winning architectural practice DKO Architecture, this private enclave of 34 premium residences tells the story of beautiful design and exceptional craftsmanship, hallmarks which underpin Pask Group’s reputation for delivering places of enduring quality and exceptional amenity.

A vibrant new community for Rowville
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We are very pleased to announce that the rezoning of our newest residential project, Bankside, a vibrant new community in Rowville, has now been approved.

Over the past 3 years, Pask Group closely worked with Knox Council, State Government, local residents and a trusted consulting team on an application to rezone the Kingston Links Golf Course for ‘Residential Development’, following its designation as a ‘Strategic Investigation Site’ in the Knox Housing Strategy 2015.

In order to achieve the above outcome, we needed to first obtain preliminary support from Knox Council for an amendment to the current Knox Planning Scheme, then commence a formal application process, which required the team to address a series of key criteria relating to native vegetation, ecology, traffic as well as local and state infrastructure contributions.

Throughout this time, it was also paramount that the local Rowville community and other stakeholders were kept well informed of the process. This was addressed via a series of consultation sessions, which enabled all participants an opportunity to speak with Council, key members of the project’s consulting team and submit feedback, which assisted in shaping the final outcome.

Over 800 homes are planned for Bankside as well as two mixed use precincts and district sporting facilities. The rehabilitation of Corhanwarrabul Creek, together with the extensive open space network, linking the Creek precinct to the Stamford Park Wetlands, will provide convenient access for all residents to a unique community asset for the City of Knox.

We expect to commence the first stage of earthworks in the coming months and release the first stage to market in 2020.

Urban Melbourne ‘Dean Pask discusses The Millswyn’

Urban Melbourne ‘Dean Pask discusses The Millswyn’

Click here to read the full article.