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

<html><body>
Diversified developer Stockland expects deposit cancellation rates to stay below the long-term average and further improve in WA.
The developer’s forecast came at its earnings announcement for the year ended June 30.
Stockland made a higher higher-than-expected profit on the back of a record number of settlements for new residential lots and strong performance on the eastern seaboard.
Full-year revenue from ordinary activities was $2,744 million, up 17.9 percent. 
Net profit after tax attributable to security holders rose 34.4% to $1.2 billion.
Stockland said cancellation rates of deposits paid at the exchange of a conditional contracts were well below the long-term average of 13 per cent.
"The eastern seaboard at the moment is below 10 per cent and trending lower in Victoria, NSW and Queensland over the last 12 months," Stockland's head of residential Andrew Whitson was quoted as saying by the The Australian Financial Review.
He said deposit cancellations in WA had dropped to 20 per cent from 28 to 30 per cent a year back.
In Victoria, deposit cancellations stayed flat over the year at a "historically low" 5 per cent, Whitson said.
Analysts displayed cautious optimism.
"While consensus forecasts are likely to be revised higher the market may begin to question if this is as good as it gets given strong residential volumes, expanding margins and 3 per cent comparable retail funds from operations growth," Citi analyst David Lloyd wrote. "We believe this could be premature."
However, Whitson was upbeat, saying Stockland's expansion into the urban infill market extended its reach beyond the core house and land market.
"Traditionally, being a greenfield community developer, we've only touched about 15 per cent of the market," he said.
"But the other 85 per cent we're starting to talk to now. Our infill developments give us the opportunities to set the business up for further growth."
The developer recently confirmed its acquisition of a 3.3 hectare waterfront site at Hope Island for $13.5 million.
Stockland expects operating profit margin to pick up to 17 per cent before settling at a level above 15 per cent. 
Whitson said the outlook for cancellations was strong with further improvements in WA.
The WA improvement reflected a stabilisation of the housing market there and and a slight rise in sales is expected over the next 12 months, he said.
Some analysts were cautious, however.
"Stockland have a more favourable view on Perth than our expectations with prices to stay flat and volumes improve," UBS analyst Grant McCasker said.
"What we're seeing in WA is a better outlook for the WA economy in the next 12 months," he said.
</body></html>

jonathanchancellor-7SQnKwU6yx

Stockland says deposit cancellations improve, expects WA to pick up 

<html><body>
Developer Stockland said funds from operations for the financial year ended June 30 grew 8.5 percent to $802 million on the back of its residential projects though growth on the commercial side was moderate.
The residential business delivered an operating profit growth of 17.4 percent, while settling a record 6,604 lots in FY17.
It said more than 50 percent of net deposits were from first home buyers. 
The Victorian government recently approved Stockland’s plan to develop up to 5,000 new homes as part of its Mt. Atkinson project (above), 24 km from Melbourne’s CBD.
“Our Residential and Retirement Living businesses achieved record results, and Commercial Property delivered a good performance across the different asset classes, despite challenging conditions in the retail market,” said Stockland managing director and CEO Mark Steinert.
It also acquired 9,900 lots with the majority in Melbourne.
In the commercial property segment, Stockland said occupancy at its logistics and business parks increased to 99%. 
<a href="https://www.propertyobserver.com.au/images/2017/08/16/Stockland.png" target="_blank">Click to enlarge</a>
 <img src="https://www.urban.com.au/images/2017/08/16/Stockland.png" alt="">
“We continue to see growth in lifestyle and entertainment tenancies, particularly larger format operators such as JB Hi-Fi, Hoyts and Harris Scarfe, and we’ve recently confirmed that H&amp;M will open new stores at our Townsville and Rockhampton centres,” said CEO Commercial Property John Schroder.
The company expects positive economic conditions to continue, and interest rates to remain fairly stable. It will continue to focus on community projects and town centres. 
Stockland, which also owns and manages shopping centres, said its commercial property business should deliver moderate growth, with comparable FFO growth of 2-3 percent including comparable retail FFO growth of around 3%. 
“We will continue to invest, grow and remix our portfolio, increasing our focus on convenient and desirable town centres, with selected divestments funding much of this activity,” said Steinert. 
</body></html>

Stockland posts profit, helped by residential projects, commercial muted

<html><body>
The Victorian government has approved Stockland’s plan to develop up to 5,000 new homes as part of its Mt. Atkinson project, 24 km from Melbourne’s CBD.
Stockland’s announcement of the approval confirmed details of the investment of Growth Area Infrastructure Contributions (GAIC) within the Mt. Atkinson precinct.
The developer said it will enable “early delivery of infrastructure and activation of community uses, including schools, a new train station and bus service”. 
Victoria’s Minister for Planning, the Hon. Richard Wynne and local member for Kororoit the Hon. Marlene Kairouz attended the milestone on site event.
Also present were representatives from Mt. Atkinson Holdings (MAH) to celebrate the milestone on site today.
Stockland general manager-Victoria, Mike Davis, welcomed the approval and said the agreement would “bring forward the delivery of thousands of new homes at affordable price points, allowing more Victorians to get into their own home sooner”. 
Stockland’s component of the Mt. Atkinson project comprises 315 hectares of land. The project includes schools, childcare facilities, a town centre and retail besides a business and industrial park.
Construction is expected to start later this year.
The property is located within the broader Mt. Atkinson Precinct Structure Plan in Truganina.
The company has about $2.4 billion invested across 12 residential communities in Melbourne’s major growth corridors.
Stockland previously announced a $200,000 national roll out of Tesla Destination Chargers across 31 shopping centres from Cairns to Melbourne.
</body></html>

Stockland gets Victoria approval for 5,000-home Mt Atkinson project 

<html><body>
The Stockland Liveability Index has found the most important factors in creating a liveable city is for it to be connected, healthy, smart and affordable.
The index is based on the results of a survey of 2,500 people that was conducted between January and March 2017 in partnership with Colmar Brunton.
Findings and relevance to the future direction of our cities will be discussed at a special event hosted by the Committee for Sydney featuring land use expert Professor Christopher Leinberger, Greater Sydney Chief Commissioner Lucy Turnbull AO, Stockland CEO and managing director Mark Steinert, and co-founder of Roberts Day, Mike Day.
Mark Steinert, Stockland managing director and CEO, said they are delighted to partner with the Committee for Sydney and bring Professor Leinberger to Australia at a time when as a nation we are rethinking the future of our cities, with a strong focus on liveability.
“For communities to be liveable, they need to be smart, healthy, connected and importantly, affordable," he said.
"The powerful emerging market trend toward walkable urban development in the US is one we expect to see replicated in Australia, as our cities continue their strong growth trajectories.
“Capturing and applying the insights from research by experts such as Professor Leinberger will help ensure our growth story is a positive one for the people who live, work and visit our metropolitan centres.”
Professor Leinberger’s 2016 report, Foot Traffic Ahead, shows that: “For perhaps the first time in 60 years, walkable urban places (‘WalkUPs’) in all 30 of the [US’] largest metros are gaining market share over their drivable sub-urban competition — and showing substantially higher rental premiums.”
Tim Williams, Chief Executive of the Committee for Sydney said governments at all levels are accelerating their efforts to shape the future of our cities, with a focus on ensuring we have the right infrastructure and public amenities in place to make them sustainable and liveable over the long-term.  
Mike Day, Co-Founder of Roberts Day, said with Sydney suffering from the overlapping crises of health and affordability, a key step to transform Sydney is creating walkable places.
"Walkable places offer people safety, comfort and delight," he said.
"Benefits of a walkable Sydney include creating a true 30 minute city to address the fact people of Western Sydney are three times more likely to suffer from diabetes than their inner-city counterparts.
“The emerging equity issue Sydney needs to address is people’s proximity to walkable places.
"By giving priority to walkable places as the new missing middle of Sydney’s density done well discussion, the added value of improved health, happiness and productivity, means everyone benefits.
“The obesity statistics present a significant challenge facing the liveability of Australian cities. 
“Our research shows us that if we work with government and other key stakeholders to fast-track schools, parks, childcare, cafés and shops, we can have a profound impact on the liveability of our communities and the health of residents.
"The social imperatives for doing so is compelling and is supported by equally clear commercial ones.
“The Federal Government’s Smart Cities Plan, as well as State planning policies including the recently-released Greater Sydney Commission District Plans, reflect the importance of liveability measures.
“The unique perspective offered by our Liveability Index is the voices of more than 2,500 residents – from the ground up, sharing their experiences of what makes a community work well.”
The Stockland Liveability Index provides three key lessons for cities:
1.     Provide opportunities for community interaction:
<ul>
<li>Parks, cafés, walkways, schools, children’s playgrounds, cycleways</li>
<li>Build in technology, to connect communities from the outset and enhance customer experience</li>
<li>Create links with the natural environment</li>
<li>Community programs, like parents’ groups and exercise classes, for community connection and physical exercise.</li>
</ul>
2.     Introduce well-designed neighbourhoods:
<ul>
<li>Smart design, with places that are walkable</li>
<li>Carefully plan all new homes to be close to childcare, schools, retail, parks and playgrounds</li>
<li>Access to employment, transport and health facilities.</li>
</ul>
3.     Deliver infrastructure early, where possible:
<ul>
<li>Fast tracking key infrastructure such as playgrounds, schools, public transport, parks,</li>
<li>outdoor exercise stations</li>
<li>Proven to generate high levels of resident satisfaction and community pride.</li>
</ul>
A recording of the discussion will be available at <a href="https://www.sydney.org.au" target="_blank">www.sydney.org.au</a>.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Urban experts reveal key ingredients for successful cities

<html><body>
Leading developer Stockland has confirmed its acquisition of a waterfront site at Hope Island for $13.5 million.
The purchase of the 3.3 hectare site at Marina Quays Boulevard is Stockland’s first stand-alone medium density acquisition in the state.
Stockland general manager of medium density Ben Cantrell said the site was an enviable waterfront location, surrounded by excellent established housing, golf courses, and opposite the proposed town centre that will be include a supermarket.
"This acquisition aligns with our strategy to diversify and broaden the reach of our residential business through mutual density development, by offering our customers high-quality architecturally designed homes, in key locations at affordable prices.”
The site is around the corner from Stockland’s Foreshore Coomera development, where the Coomera Town Centre will become home to the northern Gold Coast’s biggest shopping complex and new central business district.
Stockland is proposing a diverse range of townhomes to appeal to “upgraders, downsizers and first home buyers”, with approximately half of the townhomes in the new community to have water frontage.
</body></html>

Stockland locks in $13.5 million Hope Island waterfront deal

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Residential developer Stockland has purchased a 3.3 hectare waterfront site on the Gold Coast's Hope Island for $13.5 million.
The development on 2 – 44 Marina Quays Boulevard, Hope Island is Stockland’s first standalone medium density acquisition in Queensland
Ben Cantwell, General Manager of Medium Density at Stockland, said the Hope Island site is an enviable waterfront location, surrounded by excellent established housing, golf courses, and opposite the proposed town centre that will include a supermarket and specialty retail shops.
“This acquisition aligns with our strategy to diversify and broaden the reach of our residential business through medium density development, by offering our customers high-quality architecturally designed homes, in key locations and at affordable price points”, he said.
“The Hope Island site is also just around the corner from Stockland’s Foreshore Coomera development, where the Coomera Town Centre will become home to the northern Gold Coast’s biggest shopping complex and new central business district.
"This latest purchase builds on our long history of investment in the Gold Coast and commitment to the region."
Stockland is proposing to develop a range of townhomes on the site, with approximately half of them to have water frontage.
The Australian Financial Review reports the site was purchased from administrators of Fish Developments for $13.5 million.
</div>
</div>
</div></body></html>

Stockland buys Hope Island waterfront site

<html><body>
Tesla owners can now charge their cars for free at Stockland retail centres, with Stockland announcing a $200,000 national roll out of Tesla Destination Chargers across 31 shopping centres from Cairns to Melbourne.
The Tesla Destination Charger rollout complements Stockland’s 17 free Charge Point facilities at 10 locations in Australia, which have been used more than 2,000 times by customers since 2015, it said.
Hon Craig Laundy MP, Federal Assistant Minister for Industry, Innovation and Science joined Stockland to charge up the first Tesla vehicle at Stockland Cammeray shopping centre in Sydney.
Laundy said it was great to see two companies committed to sustainability working together to expand low emissions technology.
Apart from EV charging networks, Stockland has previously invested $4.8 million in solar projects installed across its Shellharbour, Wetherill Park Green Hills and Nowra shopping centres in NSW. 
The shopping centres to have Tesla Destination Chargers will be as follows: 
<ul>
<li>NSW: Balgowlah, Cammeray, Green Hills, Jesmond, Merrylands, Baulkham Hills, Wetherill Park, Shellharbour, Bathurst, Nowra, Corrimal, Forster, Tamworth, Glendale, Wallsend</li>
<li>QLD: Cairns, Townsville, North Shore, Rockhampton, Bundaberg, Gladstone, Hervey Bay, Caloundra, Cleveland, Pacific Pines, Benowa Gardens, Burleigh Heads</li>
<li>VIC: Highlands, The Pines, Trarlagon</li>
<li>WA: Baldivis</li>
</ul>
Stockland says it has the most Green Star rated shopping centres in Australia.
“We’re proud to be leading the sector in sustainability and investment in this type of infrastructure and renewable energy which is so important to the future of our shopping centres and cities”, said John Schroder.
Stockland was recognised as the most sustainable real estate company in the world in the 2016-2017 Dow Jones Sustainability Index (DJSI) and achieved Global Sector and Regional Sector Leader status in the 2016 Global Real Estate Sustainability Benchmark (GRESB) survey in the category Diversified - Retail/Office.
Stockland Group executive and CEO of Commercial Property, John Schroder, said the initiative was part of the company’s broader focus on innovation, which included using social robotics in retail while increasing convenience for customers while they shop or dine.
“Just one hour connected to a Tesla Destination Charger provides up to 81 kilometres of range. We are excited to roll out these convenient facilities across our retail portfolio, allowing shoppers to plug in for free,” he said.
Schroder said the evolving retail landscape meant that technology was increasingly critical to drive innovation, efficiency and sales.
“We know EV vehicles are part of the future and we look forward to offering more features like this to meet continuing Australian demand,” said Schroder.
“It is integral that Australian shopping centres continue to evolve and adapt to retailer, customer and global demands.”
 
</body></html>

Stockland rolls out Tesla charging network at its shopping centres

<html><body>
Stockland chairman Tom Pockett has announced Andrew Stevens will join the Stockland Board, effective from 1 July.
Stevens has 30 years of experience in business and technology, most notably holding senior leadership roles at IBM for 12 years. 
As the managing director of IBM Australia and New Zealand from 2011 to 2014, Stevens led the transformation of the business to become a leader in cloud-based computing, helping blue chip clients to derive business benefits from new and emerging technologies.
“I’m pleased to welcome Andrew to the Stockland Board,” Pockett said of the appointment.
“Andrew is a highly regarded director with significant commercial experience and extensive expertise in the technology sector. He will strengthen the breadth and depth of knowledge and leadership capabilities on our Board and I look forward to his contribution.” he said.
Stevens is currently a non-executive director of MYOB Group Limited and Thorn Group Limited, chairman of Advanced Manufacturing Growth Centre Limited, director of committee for Economic Development Australia, and a board member of the Greater Western Sydney Giants.
He is also a member of the Advisory Board of the Australian School of Business at the University of New South Wales, a member of the Professional Conduct Oversight Committee of Chartered Accountants Australia and New Zealand, a member of the Chief of Defence’s Gender Equity Advisory Board and a member of the Male Champions of Change.
As required by the Stockland Constitution, Stevens will offer himself for election by securityholders at the 2017 Annual General Meeting, to be held on 25 October.
</body></html>

Andrew Stevens appointed to Stockland board

<html><body>
Stockland’s makeover of the first section of its Green Hills mall in East Maitland, NSW is over, with the developer officially opening it.
The $412 million redevelopment and expansion of Stockland Green Hills is expected to be complete in 2018.
Upon completion in mid-2018, the centre will more than double in size to around 74,000 square metres and will feature the first new look David Jones department store in the Hunter, a new 900 seat Hoyts cinema and around 225 tenancies with a vibrant new dining and entertainment precinct that will be the biggest and best in the region.
The first section’s open brought 14 retailers to Stockland Green Hills, including Cruise Travel, L’Amore Nails and Toto Sushi, all new to the centre, and Blooms The Chemist, according to Stockland’s website.
Ten retailers made their return to the centre’s brand new premises, including Best&amp;Less, The Reject Shop and MyHouse.
“Today we are one step closer to transforming Stockland Green Hills into a vibrant, thriving shopping, leisure and entertainment destination that is set to be the pride of the Hunter,” Tim Beattie, Stockland general manager, Design and Development, said.
The redevelopment is on track to generate more than 2,600 jobs, including 1,350 construction jobs, 1,250 direct full time jobs in retail, customer service and hospitality, and some 1,200 flow-on jobs for local suppliers.
The opening was attended by Meryl Swanson MP, Federal Member for Paterson; Jenny Aitchison MP, State Member for Maitland; and Mayor of Maitland Councillor Peter Blackmore OAM.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/28/HOYTS%20Stockland%20Green%20Hills.jpg" alt="">
Meryl Swanson MP, Federal Member for Paterson, the project would boost the local economy through new jobs and "a fantastic place for us to shop and relax”.
“It is fantastic to see the Stockland Green Hills redevelopment making such great progress especially with the thousands of new construction and permanent retail jobs it will create for the Maitland community,” added Jenny Aitchison MP, Member for Maitland.
The redevelopment of Stockland Green Hills continues to steam along for the next stage, with around 17 additional, new retail stores expected to open in August 2017.
 
</body></html>

Stockland opens first section of refurbished Green Hills mall

<html><body>
Developer Stockland said its residential business was on track to meet its full-year target of more than 6,000 settlements and would post operating profit margins of 15-16 percent following the announcement of its third-quarter update.
The developer maintained its FY17 outlook for growth in funds from operations (FFO) per security of 6 percent to 7 percent. 
Stockland managing director and CEO Mark Steinert said the company made good progress in its core businesses.
“Our residential business is benefiting from our well-located projects in high growth corridors, our more diverse and affordable product mix, strong market conditions on the East Coast, and the stabilisation of the Perth market,” he said. 
Stockland said 77 percent of its buyers were owner occupiers in the March quarter while 54 percent were first home buyers.
Its residential business achieved 1,891 net deposits in the quarter and 5,984 net deposits in the financial year to date, compared to a total of 4,844 net deposits up to the corresponding point in time last year. Its 
“We remain focused on providing affordable housing solutions for our customers,” Steinert said. “On average, prices for our house and land packages are more than 15% below the established house prices in the surrounding trade area. 
Stockland said it expected to achieve a FY17 Distribution Per Security (DPS) of 25.5 cents, based on the higher of Total Trust Income (TTI) or 75 – 85 percent of FFO, up 4.1 percent on FY16. 
“In our retirement living business, our resale values are benefitting from the quality of our villages and the strength of the broader residential market. We will continue to improve our long term returns by focusing on new development and the provision of additional services to our residents.” 
Stockland’s retirement living business had 244 net reservations in the quarter and was in line with internal forecasts, it said. 
It said retail had a relatively flat quarter, with our figures impacted by Easter and the Victorian and Queensland school holidays falling in April. 
“We encountered the same headwinds that are affecting the sector with some retail price deflation, above average retailer administrations and a weak start to the calendar year for discount department stores,” Steinert said.
“We’ve continued to invest in our portfolio and remix the centres to deliver good growth of 2.7 percent in specialty sales per square metre across our comparable shopping centre portfolio. Total comparable annual sales across all retail categories were relatively flat at -0.2 percent. We remain on track to achieve Retail FFO growth in line with our guidance of 3 – 4 percent for the full year, driven primarily by specialty stores. 
“We’ve also maintained our momentum in the development and leasing of our logistics and business parks, and our predominantly Sydney-based office portfolio performed strongly,” Steinert added. 
Stockland acquisitions and development update – 3Q17 (and post-date) 
-  Acquired 77 hectares in Craigieburn West to extend Highlands community
-  Acquired 11.5 hectare townhouse development site at Braybrook, 10 km west of Melbourne CBD
-  Commenced construction of Stamford Park townhouse and apartment development at Rowville, 26 km south east of the Melbourne CBD
-  Launched Edgebrook residential community at Clyde North, south east Melbourne
-  Completed Stage One of the $412 million redevelopment and expansion of Stockland Green Hills Shopping Centre
-  Completed and opened the $30 million Stockland Kensington Shopping Centre in Bundaberg
-  Achieved practical completion of Oakleigh Logistics Facility, Stage Two, Melbourne
-  Commenced construction of Warwick Farm Logistics Facility, Sydney
-  Completed and opened Stage Two of The Residences, Cardinal Freeman, comprising a new clubhouse and 40 apartments, with all but one apartment pre-reserved
Stockland recently listed a 22,800sqm retail development site in its residential community south of Brisbane, Pallara.
 
</body></html>

Stockland

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Stockland

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News