Halcyon tapping retirement hub with $38m in sales

Specialised developers Halcyon has made almost $38 million in sales this year from its over 50s communities in Queensland's Sunshine Coast region.

Halcyon Lakeside at Bli Bli has sold 51 homes totalling $27 million while Halcyon Glades at Caboolture Nort has picked up 24 sales valued at $10.5 million.

Bevan Geissmann, Halcyon joint managing director said the Sunshine Coast is a natural market for Halcyon because it is favoured by retirees because of climate, affordability, range of amenities and easy access to Brisbane.

He said another key to Halcyon’s sales success was the diversity of its product in the Sunshine Coast region.

“We have entry-level homes at the sub $400,000 price point available at both communities but also premium residences at Halcyon Lakeside,” he said.

“It means we can appeal to a wider cross-section of the retirement market."