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

Stockland

ASX-listed developer Stockland has spent just over $1 billion buying 12 masterplanned communities from Lendlease.

The communities will be part of the&nbsp;Stockland Residential Communities Partnership (SRCP) with Thai real estate development company Supalai. Stockland will hold a 50.1% interest in SRCP, with Supalai holding a 49.9% interest.

They've secured masterplans across Victoria, Queensland and New South Wales, totalling over 27,000 lots. The biggest acquisition is by far Yarrabilba in Queensland, near Logan, which has 10,400 lots.

<img alt="Lendlease" data-entity-type="file" data-entity-uuid="3f291554-0aab-4722-86d4-e78c45ad8d0c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-19%20at%207.07.26%20pm.png?VersionId=9HKtuB2gixixMkaa5JQ_xx7zzQjLX4k1" />The&nbsp;Yarrabilba masterplan. Image credit: Lendlease

Stockland Managing Director and Chief Executive Officer, Tarun Gupta, said the acquisition represents a step change in the reshaping Stockland's portfolio.

"[It] accelerates the execution of our strategy by increasing our capital allocation towards residential sectors while scaling our capital partnership platform and generating new sources of recurring income," Gupta said.

“We are pleased to be forming the Stockland Residential Communities Partnership with our existing partner Supalai, who has a strong track record of investing in residential developments across Australia, and is aligned with our strategic ambitions. SRCP achieves immediate scale with this acquisition, and we are excited to further develop the partnership alongside Supalai.”

Supalai Public Company Limited Chairman and CEO, Dr Prateep Tangmatitham said the investment further demonstrates their confidence in the underlying drivers of the market and provides them with exposure to a high quality, well-located portfolio of communities in partnership with one of Australia’s leading residential developers.

The recent acquisitions take Stockland's landbank to around 95,600 lots. They have the potential to increase settlement numbers to around 2,500 lots per annum.

<table>
	<thead>
		<tr>
			<th>Project Number</th>
			<th>Project Name</th>
			<th>State</th>
			<th>Yield</th>
		</tr>
	</thead>
	<tbody>
		<tr>
			<td>1</td>
			<td>Figtree Hill</td>
			<td>NSW</td>
			<td>~1,320</td>
		</tr>
		<tr>
			<td>2</td>
			<td>Calderwood Valley</td>
			<td>NSW</td>
			<td>~2,780</td>
		</tr>
		<tr>
			<td>3</td>
			<td>Springfield Rise</td>
			<td>QLD</td>
			<td>~1,160</td>
		</tr>
		<tr>
			<td>4</td>
			<td>Yarrabilba</td>
			<td>QLD</td>
			<td>~10,400</td>
		</tr>
		<tr>
			<td>5</td>
			<td>Shoreline</td>
			<td>QLD</td>
			<td>~2,760</td>
		</tr>
		<tr>
			<td>6</td>
			<td>Kinma Valley</td>
			<td>QLD</td>
			<td>~2,300</td>
		</tr>
		<tr>
			<td>7</td>
			<td>Atherstone</td>
			<td>VIC</td>
			<td>~1,710</td>
		</tr>
		<tr>
			<td>8</td>
			<td>Aurora</td>
			<td>VIC</td>
			<td>~1,110</td>
		</tr>
		<tr>
			<td>9</td>
			<td>Harpley</td>
			<td>VIC</td>
			<td>~1,720</td>
		</tr>
		<tr>
			<td>10</td>
			<td>Averley</td>
			<td>VIC</td>
			<td>~1,370</td>
		</tr>
		<tr>
			<td>11</td>
			<td>Alkimos Beach</td>
			<td>WA</td>
			<td>~760</td>
		</tr>
		<tr>
			<td>12</td>
			<td>Alkimos Vista</td>
			<td>WA</td>
			<td>~250</td>
		</tr>
		<tr>
			<td>Total</td>
			<td>&nbsp;</td>
			<td>&nbsp;</td>
			<td>~27,600</td>
		</tr>
	</tbody>
</table>

&nbsp;

Stockland CEO of Development, Andrew Whitson said the fundamentals of the residential market in Australia remain compelling, with ongoing land supply constraints amid strong population growth.

"This acquisition has been secured on attractive terms, with active projects that are well positioned to ramp up development activity into a potential recovery in the residential cycle. The size and scale of the acquired projects also present potential development opportunities in adjacent uses, including land lease communities and community real estate assets such as childcare and healthcare centres.”

Stockland recently released one of the <a href="/news/qld/stockland-release-the-lake-residences-with-private-marina-berth-at-newport-qld">last residential opportunities</a> at their Redcliffe Peninsula masterplan Newport.

Stockland Managing Director and Chief Executive Officer, Tarun Gupta, said the acquisition represents a step change in the reshaping Stockland's portfolio

Stockland buys 12 masterplanned communities from Lendlease for $1 billion

Stockland has released what will be one of the final residential stages in their $590 million Stockland Newport masterplan on the Redcliffe Peninsula, north of Brisbane.

The newest stage, Lake Residences, is one of the most impressive yet. Just 15 waterfront townhouses run along the water, where future residents will have direct access to their own private marina berth.

The Lake Residences are already under construction by top tier builder McNab, who have already completed the framework and are soon to have the roofs all installed. They're targeting a completion date of mid-2024.

[smartcode_project:default project_id=107206 project_image_fid=224781]

The two and three-level townhouses have been designed by Hollindale Mainwaring Architecture.&nbsp;

The kitchen features integrated SMEG appliances, a butlers pantry and a striking curved bench. That flows to the open plan living and dining area, which connects with an alfresco terrace. Some homes have a bar with wine storage adjoining their kitchen, and a full outdoor kitchen on the alfresco terrace.

[smartcode_project:default project_id=107206 project_image_fid=224784]

The living area is cleverly positioned both to take in waterviews and take in maximum natural light, with large windows looking out to the lake and a double-storey void with skylight bringing in light from above.

There's even a plunge pool and an outdoor shower in the landscaped courtyard garden which is located privately near the access to the marina berth.

There has been interest from younger downsizers who are wanting a boatie lifestyle without the maintenance, or the cost, of a waterfront home. There's direct access from the lake to Moreton Bay.

Around 30 per cent of enquiries have come from New South Wales and Victoria, primarily due to the comparative affordability of living lakeside in Newport QLD versus the cost in Sydney and Melbourne.

[smartcode_project:default project_id=107206 project_image_fid=224783]

Stockland filled in the lake in 2018, with some&nbsp;one and a half billion litres of sea water flowed into the lake. It took three years to build&nbsp;the 14-metre deep non-tidal lake, which is the centrepiece of the $590 million masterplan.

The Lake Residences occupy one of the most exclusive pockets in the 143-hectare masterplan which Stockland acquired in 2015.

They're located next to Lakeview Park on Aqua Street, just a short walk down Lakeview Promenade to the recently opened Newport Market Place which has a number of restaurants and cafes as well as an IGA, medical centre, and beauty specialist stores.

Coming out of Lakeview Promenade and heading the other way, residents will meet the&nbsp;AFL Sports Complex and Nathan Road Wetland Reserve.

[smartcode_project_cta:default project_id=107206]

Stockland release The Lake Residences with private marina berth at Newport QLD

A rare opportunity has opened up at Cloverton, the largest masterplanned community currently being developed across the whole of Victoria.

Builder developer Kincaid, who cover everything from developing apartments towers in Melbourne to building houses within new neighbourhoods, are creating just six contemporary townhouses in Stockland's $4.6 billion masterplanned community in Kalkallo, near&nbsp;Donnybrook, 30 kilometres north of Melbourne.

The four-bedroom townhouses offer a fully turnkey solution, and flexible living arrangements to suit guest accomodation and the now essential work from home space.

Kincaid's General Manager of Sales, Jason De Felice, says their experience developing in Ivanhoe, Preston and Kew has influenced their design of the striking townhouses.

"We're trying to bring that level of design to Cloverton and create a point of difference in the community," De Felice says.

"Like every development we do, but particularly in the townhouse space, we always try and step into the mind of the end user. We try and visualize ourselves living in it."

[smartcode_project:default project_id=140239 project_image_fid=213612]

Kincaid's attention to detail has seen them push the envelope past what's expected in a new townhouse.

"We're giving our residents porcelain tiles over ceramic, 40mm stone in the kitchen compared to the standard 20mm, rainwater showers and high-end tapware.

"They might not seem like major points of difference, but it shows we go to the nth degree for our buyers."

The fact that the property is fully turnkey is something Kincaid pride themselves on. Some developers leave out cooling systems and landscaping, but Kincaid cover everything so they buyer can pick up the keys and live in the home immediately. There's even covering the Community Structure Levy Fee for buyers.

About 3,000 residents already call Cloverton home, with the first phases of infrastructure already complete in the 1,141 hectare development which began back in 2015. That number will grow to over 30,000 in the next three decades.

[smartcode_project:default project_id=140239 project_image_fid=213614]

Cloverton is remaining true to nature, with 80 hectares of conservation area to be untouched. That's around the size of 11 MCG's.

There's been a significant number of owner-occupiers, from first home buyers and young families to retirees already purchase in Cloverton, however more recently investors are looking at the opportunity due to the area's significant infrastructure pipeline.

There's already the Donnybrook Train Station, which connects Cloverton residents to the Melbourne CBD in 36 minutes, while another train station, and a new village bus network, are also in the works. There's eight proposed schools, a mix of private and government operated, plus tertiary and childcare options.

There is planned for a major shopping centre which will be walking distance from the townhouses.

The townhomes also have an estimated rental of $400 to $420 a week, which would represent a yield of over four per cent. Prices range between $499,000 and $579,000 for the house and land package, with land sizes starting from 174 sqm.

From signing the contract with Kincaid, the build should take around 12 months from when the concrete is first poured.

[smartcode_project_cta:default project_id=140239]

Kincaid's attention to detail has seen them push the envelope past what's expected in a new townhouse.

Rare opportunity at Stockland's Cloverton masterplan as Kincaid release exclusive townhouse offering

Stockland have announced the acquisition of a 77-hectare residential development site at 944-1024 Ripley Road in South Ripley, building on its presence in Ipswich and South-East Queensland to meet much-needed demand for new housing.

Set to deliver 1,100 homes as well as a State Primary School and community facilities, the site is zoned for residential use and is close to Stockland’s Providence master planned community in the maturing Ripley Valley Priority Development Area.

Stockland’s CEO of Communities, Andrew Whitson said the group were excited about increasing their residential footprint with zoned land.

<img alt="" data-entity-type="" data-entity-uuid="" height="1556" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/allshots_providence.jpg" width="2333" /> 
Stockland's new South Ripley site sits close by to the group's Providence masterplanned community. Image supplied.&nbsp;

“The opportunity to build on the success of our Providence community, which has a very strong brand in the South-East Queensland corridor,” he added.

“The acquisition follows more recent consolidations at Providence and aligns with our strategy to restock our master planned community pipeline with market-ready projects on capital efficient terms, in well-connected corridors close to transport, schools, jobs and infrastructure.”

“South-East Queensland remains significantly under supplied, and we expect the new community will be highly sought after by homebuyers who value quality master planned communities in attractive settings with community facilities and infrastructure on their doorstep,” said Whitson.

Stockland’s General Manager of Queensland Communities, David Laner commented on the long list of projects the group already has up and down the Queensland coast, with experience the driving force behind the envisioned South Ripley project’s success. &nbsp;

“Stockland has almost $3.6 billion invested in Queensland, with master planned communities stretching from Townsville to the Gold Coast, including the multi award-winning city of Aura on the Sunshine Coast, the largest master planned community currently being developed in Australia.

“Future residents in South Ripley will benefit from a wide range of current and planned features at Stockland Providence, including the Providence Town Centre, the highly acclaimed Splash &amp; Play facilities, District sporting and recreational grounds, schools and childcare, and a Satellite hospital.”

“A diverse range of housing is proposed for the elevated site, which will offer future residents long views and the opportunity to build their dream home,” said Laner.

Subject to approvals, Stockland will aim to start the project after site settlement in 2024.

Set to deliver 1,100 homes as well as a State Primary School and community facilities, the site is zoned for residential use and is close to Stockland’s Providence master planned community in the maturing Ripley Valley Priority Development Area.

alisonwarters@gmail.com

Stockland boosts residential pipeline with South Ripley acquisition

There are just five townhomes available in Filmore Terraces collection, which are already well under construction.

They will be a short walk to the completed&nbsp;Highlands Shopping Centre in the award-winning estate, which is already home to over 11,000 families.

The townhouses, which are all priced from $549,000, each have different floorplans, ranging from over 180 sqm of internal living space to over 200 sqm.

Each will have four bedrooms, three bathrooms, and a garage parking space. The townhouses offered by Stockland in Highlands all have three bedrooms.

The price-pointed opportunity values the land of Filmore Terraces around $40,000 more affordable than the land is valued across the rest of Highlands Estate, which&nbsp;won the Property Council of Australia&nbsp;National Award 2015 for Best Masterplanned Community, and also won the UDIA National Award 2013 for Best Masterplanned Residential Community.

There's further growth anticipated for the area, with Stockland recently acquiring a neighbouring 12.3 hectare site which will offer enough space for another 180 houses and will see the&nbsp;Victorian government build a new primary school.

Infrastructure is already well in place, with more than 30 different schooling options across Highlands, from early education childcare to secondary schools. There's also a number of sporting facilities for&nbsp;tennis, cricket, swimming, athletics, netball, and even softball, with a number of clubs already in operation. Locals also get involved in the popular Park Run, the 5km fun run every week.

&nbsp;

There are just five townhomes available in Filmore Terraces collection, which are already well under construction.

Townhomes in Stockland's award-winning Craigieburn masterplan community, Highlands

Stockland has a pipeline of 81,000 housing lots, the ASX listed company advised its shareholders this week.

It advised its pipeline was focussed on "under supplied markets across the eastern seaboard."

The pipeline has 33,600 lots in Queensland, including 16,400 at Aura, at Caloundra on the Sunshine Coast.

There are 25,800 lots in Victoria including 9,500 at Cloverton, at Kalkallo in Melbourne's north.

NSW has 7,300 lots including 2,400 at The Gables, at Box Hill in the Hills Shire.

WA has 14,800 lots including 2,600 at Sienna Wood, at semi-rural Hilbert south of Perth.

“Enquiries remain well above long run averages, with market supply unable to keep pace with strong demand," Stockland CEO, Communities, Andrew Whitson said.

Its half year net sales of 3,815 lots, was in line with sales volumes in 1H21 that had been elevated by State and Federal Government stimulus measures, such as HomeBuilder, that have subsequently been withdrawn, he noted.

Settlement volumes totalled 2,329 lots over the half (1H21: 3,101 lots), with the decline versus the previous corresponding period driven by project staging.

There is still a significant under supply in the market, its chief executive Taran Gupta said.

Gupta told Bloomberg that home prices already showed signs of moderating.

He said Stockland would be bring "smaller more affordable lots" into the sales cycle.

"But we still seeing demand continuing," he said as Stockland sold at the affordable end of the market.

There is still a significant under supply in the market, its chief executive Taran Gupta said

jchancellor-FAypfDUnLy

Stockland see housing demand remaining elevated while prices moderate

Stockland has put the first Green Star home to be certified by the Green Building Council of Australia (GBCA) on the market at Stockland Waterlea.

It is in the masterplanned community in Rowville in south-east Melbourne. 
&nbsp; 
Launched by the Green Building Council of Australia (GBCA) in August 2021, Green Star Homes is a new national standard to certify homes that meet healthy, resilient and climate positive criteria.&nbsp;

[smartcode_project:default project_id=21554 project_image_fid=61153]

Green Star Homes are designed to be highly energy efficient and powered by renewables. 
&nbsp; 
The Green Star Home, which will be finished around mid-2022, is a contemporary, architect-designed double-storey townhome. 
&nbsp; 
Ben Cantwell, National General Manager, Development Communities &ndash; Built Form, said it is fitting that the first &lsquo;Designed As&rsquo; Green Star certified home is at Stockland Waterlea, as it is one of the most sustainable residential developments in Australia having achieved a 6 Star Green Star Community rating in 2017.

[smartcode_project:default project_id=21554 project_image_fid=61165] 
&nbsp; 
&ldquo;Designed to achieve a 8.2 Star NatHERS rating, the all-electric Green Star Home will take this a step further, maintaining comfortable temperatures year round with even less reliance on heating and air conditioning to dramatically reduce the residents&rsquo; cost of living and environmental footprint,&rdquo; said Mr Cantwell. 
&nbsp; 
Many of the Green Star Home&rsquo;s innovations will be highly visible, like the uPVC double-glazed windows, which will insulate the home by keeping air tightly sealed within the household system.&nbsp;

[smartcode_project:default project_id=21554 project_image_fid=61154]

Other built-in innovations include the slab-edge insulation, a rigid foam insulation surrounding the home&rsquo;s concrete slab which prevents both heat loss and internal condensation that could lead to mould. The home is also designed to be draught-proof, while a Heat Recovery Ventilation (HRV) system will provide the house with filtered air. 
&nbsp; 
Stockland will assess the house&rsquo;s performance for two years.

Many of the Green Star Home’s innovations will be highly visible, like the uPVC double-glazed windows

Stockland's greenest townhouses set for Waterlea masterplanned community in Rowville

Stockland has confirmed its acquisition of a 140ha site at Beveridge, building on its strong residential pipeline in Victoria.
 
Located 36 kilometres north of Melbourne’s CBD, Stockland will commence sales and initial site works in mid-2022.
 
The acquisition at Beveridge follows other recent purchases in Victoria at Armstrong Creek, near Geelong, and Wattle Park at Tarneit.

The site at 75 Stewart Street and 261 Beveridge Road is adjacent to Stockland’s existing Cloverton community in Kalkallo.

The 140-hectare site will see Stockland build around 1,400 homes in a future masterplanned community located within the rapidly growing Mitchell Shire Council in Melbourne’s northern growth corridor.

The site is the largest permit-approved project within the Beverage area and allows for development of housing, a town centre and other mixed-use precincts, schools and open space, all anchored via a proposed train station.
 
Stockland Communities CEO Andrew Whitson said the acquisition from Ouson Group came at a time when the outlook for the masterplanned community market is positive, supported by low mortgage rates, access to credit and an ongoing preference for low density living, bolstered by more time spent at home as a result of greater workplace flexibility.

"The future masterplanned community will be complementary to our vision for the nearby Cloverton community with a focus on liveability and community,” said Mr Whitson.
 
Stockland’s General Manager of Residential for Victoria, Mike Davis said Cloverton is set to become the metropolitan hub of Melbourne’s north and will provide future residents at Beveridge with essential services and amenity with health and tertiary education infrastructure included in future plans.
 
Cloverton is home to more than 2,500 residents with the community’s first primary school to open in 2022, with planning for a further two schools well advanced.

Stockland has over $2.6 billion invested in Victoria.

Olsen had held the property on an extended settlement agreement since 2016.



Stockland will commence sales and initial site works for Beveridge in mid-2022

Stockland secures Beveridge masterplanned community site

Stockland has enhanced its residential pipeline in Victoria with the purchase of 502-580 Boundary Road, Armstrong Creek for $43 million. 
&nbsp; 
It is located in the Armstrong Creek Urban Growth Area, 10 kilometres south of the Geelong CBD, Victoria&rsquo;s second largest city.

The 30.6 hectare site will see Stockland build around 500 homes in a new masterplanned community.

[smartcode_project:default project_id=5559 project_image_fid=88244]

It marked a returned to the Greater Geelong area for Stockland which has over $2.7 billion invested in Victoria.

&quot;This acquisition in Greater Geelong is a natural expansion of our significant portfolio of popular communities in Melbourne, which are home to more than 33,000 residents,&rdquo; said Stockland&rsquo;s general manager of residential for Victoria, Mike Davis. 
&nbsp; 
Stockland will commence sales for Armstrong Creek and initial site works in early 2022. 
&nbsp;

Located in the Armstrong Creek Urban Growth Area, 10 kilometres south of the Geelong CBD, the 30.6 hectare site will see Stockland build around 500 homes

Stockland plan 5000 homes at Geelong district's Armstrong Creek

With house and land packages seeing a surge in popularity, bolstering housing supply ahead of the restart of post COVID-19 immigration could improve housing affordability, according to the new Stockland managing director Tarun Gupta.

Gupta, who spent 26 years at Lendlease, has just taken over from Mark Steinert at Australia&#39;s largest listed residential house and land developer.

&ldquo;A lot of the heat currently is in established home prices, which is where price increases are coming through,&rdquo; Mr Gupta told The Australian.

He added that ensuring supply would stop prices rising too high, which had been&nbsp;creating&nbsp;affordability problems and stopping people getting into the market.

&ldquo;We think supply needs to come in and kick in at the moment,&rdquo; he said.

&ldquo;Over time, especially as immigration starts to come up in future years, there&rsquo;ll be more demand, right across the market. Supply is very important to moderate prices, because affordability is good at the moment because of low interest rates,&rdquo; he said.

&ldquo;Even though we don&rsquo;t have migrants coming to the country at the moment we have had a lot of Australians returning back to the country who have supported, probably more the established home market, but that is still driving a halo effect on the market that we service,&rdquo; he said.

He said outer suburban and regional markets were drawing people looking for larger homes and better amenities, partly due to the pandemic, which allowed for flexible working from home.

&ldquo;We are selling a very large proportion of our homes to owner-occupiers who are really making the choice to come and live in our community.&quot;

But buyers are being forced further and further out, Richard Rhydderch, general manager of residential communities NSW for developer Stockland, told Domain.

[smartcode_project:default project_id=99962 project_image_fid=160807]

&ldquo;There&rsquo;s a real lack of supply in greenfield areas, and that will continue until the government releases more land or accelerates rezoning,&rdquo; he says.&nbsp;

&ldquo;And with people being pushed further from the centres, we need better infrastructure and access to jobs, which requires significant investment from local and state governments.&rdquo;

At the moment, Stockland is allocating buying opportunities to people who register their interest as soon as a new parcels of land are released.

It is not unknown to take 1000 requests for 20 blocks in the first three minutes.

&quot;There&rsquo;s a lot of people being constantly disappointed,&rdquo; Rhydderch said. &ldquo;And that isn&rsquo;t good to see.&rdquo; 
&nbsp;

Tarun Gupta said that ensuring supply would stop prices rising too high

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