News
6 April, 2025
Waraba starts build
GROUND has officially been broken on Rivermont, a community in the new Waraba region (formerly Caboolture West) set to deliver more than 2,000 new homes and provide a projected $573 million boost to the Queensland economy during construction.
The Deputy Premier, Minister for State Development, Infrastructure and Planning, Jarrod Bleijie, joined Moreton Bay Mayor Peter Flannery and Stockland to officially break ground on March 27.
Stockland Rivermont is expected to be an affordable Queensland community, with prices for land starting from $293,500. Stockland General Manager QLD Development, David Laner, said the 175-hectare Rivermont community will play a crucial role in addressing housing supply in Queensland.
“The Rivermont community will provide around 2,000 homes that cater to first homebuyers through to those looking to downsize,” Mr. Laner said. “For us, it’s about increasing the supply of aspirational and attainable homes with the right infrastructure in place that will support the growing community and the Queensland Government’s housing targets.”
Deputy Premier Bleijie said today is a major milestone for Waraba’s growth.
“The combination of new developments, like Rivermont, with the Queensland Government’s abolishment of stamp duty on new homes for first home buyers and our $2 billion Residential Activation Fund, will deliver more places for Queenslanders to call home."
Mayor Peter Flannery said it’s no surprise people are flocking to the City of Moreton Bay with its affordable housing and lifestyle benefits.
“I’m pleased that Council’s collaborative approach has enabled even more housing to be developed,” Mr. Flannery said. “Waraba as a whole will address much-needed housing supply for the City of Moreton Bay, ensuring a diversity of housing products to meet the demand of our growing population, ease the current housing crisis, and appeal to people’s housing preferences.”
Stockland Rivermont’s next release will be available on April 5.
