New $270 million lakes precinct at Gagalba to deliver more than 900 homes

MEDIA RELEASE

23 September 2024

More than 900 new homes will be built on the Sunshine Coast after approval of the first development application in the new suburb of Gagalba.

The development application for the new precinct within Stockland’s Aura community was approved by Economic Development Queensland (EDQ), as part of the Caloundra South Priority Development Area (PDA), paving the way for up to 918 new homes.

A diverse mix of housing will  cater to first-home buyers, downsizers and growing families. In addition to detached homes, other housing currently being considered includes duplexes, triplexes and multi-residential dwellings.

Once complete, Gagalba is expected to provide 6,000 homes set among a network of lakes, wetlands and green spaces.

Economic Development Queensland Executive Director, Business Operations, Jason Camden, said the approval marked a significant step forward in addressing the state’s housing needs.

“We are thrilled to see the approval of this development application for Gagalba, which is an exciting milestone that will deliver more homes for Queenslanders,” Mr Camden said.

“This project will not only provide over 900 new homes but will also contribute to the creation of a vibrant, connected community that will enhance the lifestyle of future residents.

“It's an exciting time for the region, and we look forward to the positive impact this development will have.”

This first stage, known as The Pumicestone Precinct, is intended to provide a daily community hub and residential neighbourhoods with views of the Glasshouse Mountains.

The 74-hectare site will ultimately include a neighbourhood centre featuring a retail and commercial zone, childcare centre, sports park and a state primary school. There will also be a civic park for social gatherings and community events.

The completed development will include two state primary schools, one state high school, sports parks and  retail centres. The significant investment in green space is proposed to include lakes, subject to a further development application.

Gagalba, which is a Kabi Kabi derived word meaning ‘shining place’, is located south of Banya, adjacent to the Bruce Highway and with direct access to Bells Creek Arterial Road.

Stockland Project Director for Aura, Josh Sondergeld, said early works were expected to get underway shortly.

"We're pleased to have the first development application approved for Gagalba, which will be a vibrant residential precinct located within the Aura masterplanned community,” he said.

"Once complete, Gagalba is expected to provide 6,000 homes in Aura. We continue to see high demand for homes in the community, driven by the range of housing options available, the active lifestyle, and the convenient access to schools, jobs, shops and parks.

"Our masterplanned communities play an important role in providing accessible home ownership options across Australia.”