What are projects and estates in land development?
In land development, the terms "projects" and "estates" are often used interchangeably.
An estate typically refers to a named residential subdivision or community created from a land development project. It is a branded outcome of a project and often marketed with lifestyle or community appeal.
It usually includes:
- A defined number of lots (e.g., 150 to 500+)
- Internal roads and landscaping
- Branding (e.g., “Riverstone Meadows” or “Arbourwood”)
- Amenities (parks, playgrounds, walking tracks)
- Example:“The Arbourwood Estate in Morayfield has just released Stage 3."