Here’s another example of a land lease operator being unable to build quickly enough.

Latitude25 RV Lifestyle Village in Hervey Bay, 290km north of Brisbane, is constructing 30 homes and has sold over 160 homes since its first residences were finished in July 2018.

In August last year, the Sales & Marketing team launched a new expression of interest initiative for future stages. It has resulted in more than 50% of homes in Stages 6 and 7 having registered interest prior to official release.

The community is now accepting expressions of interest for Stages 6B, 7A and 7B. House prices, all with RV garages ranging from 6m x 10m to 6m x 16m, with 15amp power connection, start from $665,000.

“The average age of homeowners is in the mid-60s, and we are getting a cross section of people, not just Queenslanders, many from NSW, VIC, and some from the NT and SA.”

When Latitude25 is complete (only Stage 8 is not released), it will have 284 homes. All amenities – clubhouse, theatre, dining, café, sports bar, arts/crafts, meeting room library, and an outdoor wellness centre with bowls green, pickle ball, tennis, golf putting green, indoor golf simulator, 25m heated magnesium pool, infrared sauna, and gym – are complete.