Developer: Traders in Purple Price: Three-bedroom from $899,000 Vave Scarborough Vave Scarborough launched this month.TWO new projects from builders Traders in Purple have been launched on the Redcliffe Peninsula, offering owner-occupiers the opportunity to invest in a growing region. Bathers Beachside at Margate Beach is currently under construction, and Vave Scarborough launched this month. Both aim to compete with the waterfront property markets of Sydney and Melbourne while remaining affordable. A render showing a kitchen at Vave.He said Redcliffe Peninsula’s beaches and the recent addition of the train line meant it was an attractive place to invest. “The Redcliffe apartment market continues to perform strongly, with increased buyer demand off the back of infrastructure improvements attracting a diverse range of buyers for its location, value and overall laid-back beach lifestyle and cafe culture,” he said.*** THE BASICS Bathers couple David Brougham and his wife Nora Hyde.“We selected that apartment because it’s boutique, and it gives us the layout we wanted,” Mr Brougham said. “Three bedrooms give us room for visitors.“But what we want to do is just push a paddleboard out.”Mr Brougham also cited the recently completed Redcliffe Peninsula rail line as a factor in choosing the area, as his wife could easily commute to her work in the CBD. “We weren’t seriously looking at Redcliffe until the rail line had been completed,” he said.More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019Traders in Purple chief executive Brett Robinson said the two projects would complement the area’s beachfront location in a similar fashion to the company’s recent project at The Sebel Brisbane.“Both developments capitalise on the picturesque coastal setting and more affordable waterfront housing compared with Sydney or Melbourne,” Mr Robinson said. “The village feel and waterfront living boasts 23km of flat walking paths along the waterfront, and close proximity to the new Sebel hotel at Margate Beach.” Vave Scarborough encompasses 50 two and three-bedroom options, including 11 penthouse apartments, while Bathers Beachside will have 24 three-bedroom apartments. Vave Scarborough launched this month.“The development of both Bathers Beachside and Vave Scarborough will offer something for buyers at every stage of their lives and every budget, including those who wish to downsize from the family home,” Mr Robinson said. Developer: Traders in Purple Price: From $585,000 for two-bedroom, from $768,000 for three-bedroom Bather’s Beachside Bathers Beachside at Margate Beach is currently under construction.Recent data showed Redcliffe was one of the southeast top 10 markets for interstate buyers looking for a new home. David and Nora Brougham have bought a three-bedroom apartment at Bathers Beachside. They said their main motivation for buying in to the project was the lifestyle on offer.