Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Ashbury Terraces

Ashbury Terraces, the Coronation Property development located in Sydney's inner west, has reached a major milestone.

Stage one of the project has officially sold out, with stage sales sitting at 80 per cent sold. The final release of residences is expected to go on the market at the beginning of next year.&nbsp;

Joe Nahas, Managing Director at Coronation Property, said the suburbs’ appealing characteristics, including its convenient location in the Inner West, abundant amenities, and thriving community atmosphere, have significantly contributed to the area’s popularity among homebuyers.

[smartcode_project:default project_id=112253 project_image_fid=193246]

“It really is the best of all worlds at Ashbury – it offers an untouched green oasis for buyers who want the connectivity of inner-west living, while being surrounded by parklands and diverse amenities,” Nahas Said.

“We are excited to have reached this sales milestone at Ashbury Terraces and look forward to launching the final release of the development early next year.”

With its unparalleled charm and exceptional amenities, the collection of terrace homes and park-side apartments has captivated buyers seeking refined living close to nature.

Comprising 59 over-sized garden terraces and 74 park-side apartments, Ashbury Terraces offers an exclusive opportunity for those desiring a harmonious blend of luxury and tranquility.

Nestled beside the picturesque W H Wagener Oval, the development is just 10 kilometres away from the bustling heart of Sydney CBD, making it an ideal haven for residents seeking a serene retreat without sacrificing urban convenience.

[smartcode_project:default project_id=112253 project_image_fid=193233]

The allure of Ashbury Terraces lies not only in its idyllic location but also in its array of residential amenities designed to enhance the quality of life for its residents, including a heated pool, outdoor dining spaces, barbecue facilities, and a fully equipped gym.

Renowned architects SJB and 360 Degrees Landscape Architecture have joined forces to create a living environment that is both visually striking and functionally efficient.

The Terrace Collection, which encompasses three-bedrooms, two bathrooms, and two parking spaces, offers multi-level garden terrace homes immersed in lush greenery. Inside, residents will find carefully selected materials, high-end Miele appliances, and ample storage, elevating these homes to the pinnacle of luxury living.

The garden terraces themselves boast multi-level open atriums, overhead skylights, private rooftop retreats, and expansive backyards and courtyards, providing residents with ample space to unwind and entertain while being surrounded by nature.

[smartcode_project:default project_id=112253 project_image_fid=193243]

For those seeking a more compact yet equally elegant living option, the Apartment Collection at Ashbury Terraces presents a range of one, two and three-bedroom park-side apartments.

Designed to maximise space, sunlight, and views over the neighbouring parklands, the apartments showcase elevated interior styles with large kitchens and free-flowing indoor-outdoor spaces, coupled with high ceilings and generous entertaining balconies.

In further proof of the design quality of Ashbury Terraces, the project earned recognition as a Shortlisted Finalist in the 2022 World Architecture Festival - Future Projects, Residential category.&nbsp;

One, two and three-bedroom floorplans are available in the development, with both a mix of apartment and townhouse options.&nbsp;

[smartcode_project_cta:default project_id=112253]

Comprising 59 over-sized garden terraces and 74 park-side apartments, Ashbury Terraces offers an exclusive opportunity for those desiring a harmonious blend of luxury and tranquility

alisonwarters@gmail.com

Coronation Property sell out 80% of stage two at Ashbury Terraces

When people hear Sydney’s inner west, they think of the cafe culture of Newtown and Leichhardt, the brewing mecca of Marrickville, and to a lesser extent, the beautiful Balmain peninsula.

But the tightly-knit suburb of Ashbury, just past Dulwich Hill and south of Ashfield, offers an untouched leafy oasis for prospective purchasers who want the connectivity of inner-west living, while being surrounded by tree-lined streets and abundant parklands.&nbsp;&nbsp;

Despite the suburb's leisurely pace, Ashbury’s proximity to the inner-west’s bustling cultural and dining scenes leaves the suburb within easy reach of everything, giving its residents the best of all worlds.&nbsp;

[smartcode_project:default project_id=112253 project_image_fid=193245]

The majority of Ashbury is designated as a heritage conservation area, and is dominated by post-war brick bungalows, which has meant there’s been little to no opportunity to buy into the quaint suburb that is called home by only 3,000 or so people. There have been no apartments or townhouses in the suburb that spans just one square kilometre, until now.

Sydney developer Coronation Property has recently secured development approval for its owner-occupier focused development, Ashbury Terraces, which has been designed to be in keeping with Ashbury’s existing heritage topography.

The combination of the project’s rarity as the only townhouse development in the suburb, the suburbs convenient locations just 10km from the Sydney CBD, and Coronation Property’s reputable track record, has seen buyer enquiry since it launched earlier this year buck the trend of the dampening property market sentiment.&nbsp;

[smartcode_project:default project_id=112253 project_image_fid=193246]

Coronation Property Project Director Con Athanassiou says Ashbury is a unique inner west suburb.

"It has a very quaint village like feel, yet its also close to suburbs like Marrickville, Petersham and in about 25 minutes you'll be in the centre of Sydney,"&nbsp;Athanassiou says.&nbsp;

"The community is made up of people who have been living here for 30, 40 , even 50 years, so there's a stability in an area where properties don't change hands.

"New parents will be able to see their children grow up in the local parklands and streets just as I did when I grew up here."

Local inner west residents have dominated enquiry so far. Buyers are seeing value in the larger terrace style homes with communal amenity and oversized backyards – a unique feature to Sydney developments.

[smartcode_project:default project_id=112253 project_image_fid=193251]

The location of Ashbury Terraces has been a major drawcard, set opposite W H Wagener Oval and just a few hundred metres to Peace Park. The design of Ashbury Terraces has been inspired by the area’s parklands and well-defined heritage character of Ashbury. Landscape architects 360 Degrees Studio worked alongside the revered architecture firm SJB to create the lush landscaping throughout the development.

Families have shown interest in the terraces, not only for the striking design and abundance of space, but also for its proximity to local schools. Within a one kilometre radius is St Francis Xavier Catholic School, Trinity Grammar School in Summer Hill, and the local Ashfield Public School, which is just a five minute walk from Ashbury Terraces.

[smartcode_project:default project_id=112253 project_image_fid=193249]

The closest coffee stop is 3 Tomatoes, a seven minute walk. Just north is Georges River Road which is lined with cafes and restaurants.&nbsp;

The easily accessible transport to the city has been another tick for buyers who are needing to commute, with Ashfield Train Station just 1.5km away. South of the station is Ashfield’s busiest retail precinct, Ashfield Mall, where there’s a Woolworths and an Aldi, as well as a Chemist Warehouse, butchers, more cafes and restaurants, and the Ashfield Library.&nbsp;

Canterbury Park Racecourse is just over a kilometre south of Ashbury Terraces, on the banks of the Cooks River where there’s Croydon Park and Lees Park.

Ashbury Terraces will likely stand as one of the only new developments in the suburb given that most of the surrounding Federation-style bungalows are under heritage conservation, which will mean the charming village-style suburb will be protected for years to come. There are just 59 terraces on offer in the sought-after development, which has already been a hit with locals.

"This development was not about fitting the maximum built form into the available space. we wanted to partner with someone who could respect the existing suburb as well as the modern development we wanted to create," Athanassiou added.

[smartcode_project_cta:default project_id=112253]

Despite the suburb's leisurely pace, Ashbury’s proximity to the inner-west’s bustling cultural and dining scenes leaves the suburb within easy reach of everything, giving its residents the best of all worlds

The small inner-west suburb attracting attention

Prominent Australian developer and builders, Coronation Property has announced its continued expansion into Sydney&rsquo;s inner-city ring with the acquisition of a $200 million mixed-use development site in Chatswood.

Located at 57-61 Archer Street, the site sits in the centre of the suburb and across the road from key amenities including Westfield Chatswood and Chatswood Chase. It&#39;s also just&nbsp;a 10-minute walk to Chatswood Station.

Coronation Property will utilise the connected site to deliver a mixed-use precinct with around 2,000 sqm of retail space and 130 residential dwellings.

[smartcode_project:default project_id=31751 project_image_fid=161005]

Head of Urban Transformations at Coronation Property, Aras Labutis said the acquisition represents an important milestone for the company as they continue to focus on mixed-use sites around Sydney.

&ldquo;The Chatswood site presented a unique opportunity for Corontion Property to contribute to what we see as one of Sydney&rsquo;s fastest-growing precincts. With the State and Willoughby Councils committed to further developing Chatswood as a major employment and residential hub, we are excited to respond to the demand for more housing in the area and build upon an already highly sought-after community.&rdquo;

&ldquo;The site is in an ideal location, in a blue-chip area that is currently experiencing extensive investment into its town centre and the surrounding infrastructure. These factors will drive further growth in the area and make Chatswood an excellent opportunity for owner-occupiers and investors,&rdquo; Labutis added.

[smartcode_project:default project_id=112253 project_image_fid=193243]

Over the last five years, the Council has been in talks with the Chatswood community, developing a strategy to grow the town centre as a major employment hub and a vibrant residential precinct.

Coronation Property&rsquo;s project will tie into the overarching vision to enhance Chatswood&rsquo;s evolving growth strategy, with the group intending to work closely with both the State and Willoughby Council throughout the citywide rezoning process.

&ldquo;The new development represents a continuation of Coronation Property&rsquo;s strategy to focus on transformative placemaking and aspirational inner-city residential projects,&rdquo; said Labutis.

[smartcode_project:default project_id=31751 project_image_fid=161007]

The Chatswood project further solidifies the group&rsquo;s already robust development pipeline, which currently has over $5.2 billion in major mixed-use projects, including the underway 8 Phillip Street in Paramatta development, Charlie Parker in Harris Park, Mason &amp; Main in Merrylands, Ashbury Terraces in Ashbury and Moore Point in Liverpool.

Construction for the Chatswood site is set to commence in 12 to 18 months, pending development approval.

Coronation Property will utilise the connected site to deliver a mixed-use precinct with around 2,000 sqm of retail space and 130 residential dwellings

Ashbury Terraces

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