STOCKLAND has started construction on a new major masterplanned community in South East Queensland’s rapidly growing Waraba region, formerly known as Caboolture West.
Rivermont, Stockland’s third masterplanned community in the Moreton Bay region, will provide around 2,050 new homes across 175 hectares, including a 15-hectare Stockland Halcyon over-50s community.
The Queensland government recently designated Waraba a Priority Development Area (PDA), and is projected to accommodate around 70,000 residents in 30,000 homes over the next 40 years.
Stockland general manager QLD development David Laner said Rivermont will play a critical role in providing much needed housing within the PDA.
“Rivermont is located in one of South East Queensland’s largest growth areas and will contribute to Queensland’s urgent housing needs by providing more than 2,000 homes to the region that cater to first home buyers, upgraders, young families, and those looking to downsize.
“The community, named for the Caboolture River that flows through it and surrounding mountain views, will keep residents close to everything they need, with plans for a cafe, local convenience and childcare, all within easy access to the nearby Morayfield Shopping Centre and train station.
“We’re committed to collaborating with the Queensland Government and Moreton Bay Regional Council to deliver a diverse range of housing options in the Rivermont community,” he added.
The first stage of the community comprises 205 homesites. The first release of 20 lots will be in early 2025 with settlements expected later in 2025, and first lots available to build on in the first quarter of 2026.
