Three new apartment developments in six weeks: Deicorp continue push to provide housing for Sydney with new Macquarie Park plans
Leading Sydney construction and development company Deicorp has spent the last six weeks filing development applications across Sydney, totalling well over 1,500 apartments.
In July they submitted plans in Zetland and Five Dock for two precinct-style developments. Their latest proposal is in Macquarie Park where they're planning a 17-level tower which will support the NSW Government’s vision to deliver more housing close to the Northwest Metro line.
Designed by the award-winning architectural practice DKO, the 180-apartment tower will include affordable housing and be located 300 metres from the Macquarie Park Metro rail station and Macquarie Park Shopping Centre.
Deicorp’s Chairman Fouad Deiri said delivering homes connected to key transport infrastructure like the Northwest Metro ensures convenience and value for our purchasers.
“Being able to provide housing that is affordable for essential workers in such a great location makes this project even more important.
“Building beautifully designed new apartments convenient to great amenities is how we are helping to respond to the urgent need for new homes.”
The application for the proposed redevelopment of 161 Herring Road and 13-15 Lachlan Avenue Macquarie Park, which will include a mix of one, two and three-bedroom units, has been lodged with the NSW Department of Planning as a State Significant Development.
The proposed development will include 27 affordable housing units that will be managed by a registered community housing provider.
The proposed building will include a rooftop garden and lookout space, upgrades to the surrounding streetscape and outdoor communal spaces. In addition to environmentally significant trees being retained on the site as part of the proposed development, a further 58 trees were planted on the site to provide more tree canopy coverage.
The planned development, which will include recycled water, onsite solar energy generation and energy efficient design, will aim for an industry-leading 7-star average rating under the Nationwide House Energy Rating Scheme (NatHERS).
Deicorp submitted plans for two mixed-use precincts in July. The first application was in Zetland where they're proposing a nine-building precinct on a 2.86-hectare Joynton Avenue site, the former AusGrid facility they secured two years ago.
There will be a total of 574 apartments at a cost of just over $300 million.
Akin to its other Zetland apartment development Downtown, the new development, dubbed Joynton Square in the planning documents, will have extensive retail at street level.
Read more: First look exclusive: Deicorp submit plans for Joynton Square, mixed-use Zetland precinct
Their largest development, another classed as a State Significant Development, is in Five Dock where they've submitted the first stage of a six-tower development with 1,185 apartments, of which 15 per cent will be affordable.
The apartments will sit above a six to eight-level podium that will comprise commercial and retail spaces, including a full-line supermarket and an indoor recreation facility.
Read more: Deicorp lodge State Significant Development application for 1,200 apartments in Five Dock
Deicorp will complete over 2,000 new apartments by the end of 2024.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey