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

Wyndham

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Wyndham Destinations Asia Pacific has bought Peppers Airlie Beach on the Whitsunday Coast.
The hotel, which was expected to sell between $15 and $20 million, will be re-branded Club Wyndham Airlie Beach Whitsundays and will be available for almost 60,000 Club Wyndham time-share owners.
As part of the acquisition, Wyndham Destinations Asia Pacific will also own and operate the on-site food and beverage and conferencing facilities.
Wyndham will take control of 59 of the 106 strata apartments. The rest are held in private ownership.
Barry Robinson, president and managing director, international operations at Wyndham Vacation Clubs, said "we are excited to secure this deal as we are committed to growing our presence in regional Australia and this acquisition is in line with that strategic intent.
<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/2019/12/2/Peppers%20Airlie.jpg" alt="">
The Club Wyndham Air Beach features an open-air restaurant and bar, infinity pool and spa, gym, conference facilities and undercover parking.
CBRE Hotels agents Wayne Bunz, Hayley Manvell and Paul Fraser secured the sale.
The four and a half star hotel, opened in 2009, has been operated by Accor under the Peppers brand.
Josh Thompson’s Latitude Development Group built the resort for about $80 million.
 
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jrobinson-rf4aSBido9

Wyndham buys Peppers Airlie Beach

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Cedar Woods' successful Williams Landing developments have proven popular among buyers, with the number of jobs within the area increasing by 36,747 over the decade between 2006 to 2016. Cedar Woods' State Manager Lloyd Collins shared some insight with Apartments.com.au as to why the precinct has received such a great response from buyers. 

<h2>Cedar Woods' commercial project portfolio at a glance</h2>

<ul>
<li>111 Overton Road (strata office)</li>
	<li>101 Overton Road (strata office)</li>
	<li>Target Austalia</li>
	<li>Minister for Finance office</li>
	<li>Williams Landing Shopping Centre </li>
</ul>
Apartments.com.au: With the recent success of Williams Landing, clearly there is a high demand for office space in Melbourne’s western suburbs. Is this a trend you expect to see from other outer-city suburbs, or are there particular characteristics that make Williams Landing unique?

Lloyd Collins: In recent years, we have seen Williams Landing step up as a major commercial hub in the west. As prices continue to rise in Melbourne’s CBD, we are definitely seeing a trend of businesses choosing to decentralise. We have a strong offer of economic rents, excellent rail and road links and retail amenities. Only 20km from the CBD and direct access to the Princes and West Gate Freeways, state-of-the-art train station, and major bus interchange makes Williams Landing Town Centre accessible to Melbourne CBD and Geelong. It’s attractiveness to the commercial sector is backed by our strong sales record – which includes welcoming Target to its new $58.2 million headquarters at the end of 2018, the rapid sell-out success of our first strata building 111 Overton Road, and the sale of the new Minister for Finance office building for $25.9 million. We’re also currently selling our fourth standalone commercial building, 101 Overton Road, which is already over 55 per cent sold.

U: What were the design and location considerations you explored in these developments, and what made them so attractive to buyers?

LC: As a master-planned community, all aspects of the development have been well considered – with design and location lying at the heart of it – to offer something attractive to both investors and occupiers. One of the main location considerations, for instance, was designing the masterplan to guarantee a short walking distance from the office to the train station, cafés, restaurants, shopping centre and open space. In order for Williams Landing to become a leading commercial precinct, we knew that high-quality, contemporary, light-filled office space at an attractive price point would have a strong appeal to businesses, investors and occupiers alike – particularly with the rising rental prices in Melbourne’s CBD. Our commercial buildings have been architecturally-designed by Gray Puksand and Hames Sharley to ensure the design is consistent, well thought out and well delivered.

U: Were the commercial office spaces designed with specific businesses in mind?

LC: We currently have 29,000 m2 of office space either completed or under construction – all of which have their own identity. For instance, our strata offices – both 101 Overton Road and 111 Overton Road – have been designed for small to medium-sized businesses. By offering a range of unit sizes, these commercial opportunities have presented a rare opportunity for many business owners to enter the commercial property market. Additional facilities, such as the in-building conference centre, allows further flexibility to conduct board meetings or presentations in state-of-the-art facilities. On the other hand, we have also developed larger, single occupancy commercial buildings for Target and the Minister for Finance – both of which have been designed to cater to their specific business requirements. For instance, Target wanted large floorplates for open workspaces, parking (for each of its 850 employees), whereas the Minister for Finance wanted certainty on planning and we were able to offer a 15-year lease and 24-hour offices.

U: With the increase of commercial buildings in the area, is there an equally high demand for residential dwellings?

LC: Absolutely. The Williams Landing masterplan shows a continuation of residential development opportunities within the town centre with apartment developments selling out before construction commencement. Williams Landing is unique as a residential growth suburb in Wyndham, with its population increasing to 7,100 residents in 2016. In response to this scale of growth, we recently launched our latest apartment building in Williams Landing, Lincoln Apartments, following strong demand for medium-density living - a trend we expect to see continue. Our apartments have achieved steady price growth, with the average apartment value in Williams Landing increasing by 16 per cent for two-bedroom residences and 13 per cent for one-bedroom residences. We have also recently launched the third release of our Addison Walk boutique land lots, which incorporates a mix of land and house and land package options.

U: What has been the highlight for you working on this project?

LC: A highlight for me has been the sheer scale of what we’ve achieved and delivered in a relatively short period of time. We spent a lot of time looking at the masterplan to create points of interest and now we are at a stage where we can see this come to life.

U: What do you expect Williams Landing to look like in 10 years’ time?

LC: In line with our masterplan, we believe that Williams Landing will stay true to its high-density vision and bring in more corporate and residential occupiers. We anticipate that Williams Landing will expand, with more people choosing to stay local. Our childcare centres, medical centres, gyms, alfresco licenced restaurants and cafés are well regarded and their success has directly encouraged new tenants and purchasers to move and invest there. The mix of users, employment and residential, should enable a vibrant community to further support the growth of the western region. We are committed to the Plan Melbourne idea of walkable 20-minute cities and believe that the creation of high-density mixed-use communities clustered around transport nodes is the way to achieve this. As the project develops, this will be a key aspect of life in Williams Landing.
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Olivia Round

Cedar Woods' Lloyd Collins explains the success of Wyndham's Williams Landing

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Late last week, Target Australia moved into its new eight-storey headquarters within the Williams Landing master planned community. Developed by Cedar Woods, the new building comprises 12,960 sqm pf A-Grade commercial space accommodating 850 Target employees and featuring a ground level cafe. The new building was completed by Hacer Group in November 2018

Williams Landing is located in Melbourne’s booming western corridor and has been designated as a Priority Development Area by the Victorian Government. According to Cedar Woods, Target’s move to Williams Landing reflects the area’s attractiveness as a growing commercial destination and will support job creation, benefit existing local businesses and attract other leading companies to the area. Upon securing Target as the anchor tenant for 10 years, Cedar Woods sold the building to Centuria Metropolitan REIT for $58.39 million.

Situated in the heart of the Williams Landing Town Centre, Target’s new headquarters is located directly opposite the Williams Landing Train station, providing employees with a 28-minute express service to Southern Cross Station. Employees are also within walking distance of the Williams Landing Shopping Centre, including Woolworths and a variety of licensed restaurants.

Target’s move to Williams Landing was celebrated on site at a ribbon cutting ceremony to mark the significant milestone with Wyndham City Council Mayor, Cr Mia Shaw, and representatives from Cedar Woods, Centuria Metropolitan REIT and other key stakeholders present.

Target’s relocation has been a catalyst for further growth at Williams Landing, with Cedar Woods recently stating it has a pipeline of over 20 commercial and residential sites in the Williams Landing town centre.The developer previously announced the completion of pre-sales at 111 Overton Road strata offices, currently under construction, and the pre-sale of 107 Overton Road to Hellenic Property Investments, which is fully leased to the Victorian State Government.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/cw_target.jpg" rel="gallery-all" title="The completed HQ for Target Australia. Image: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/cw_target.jpg?itok=nazDE8gG" title="The completed HQ for Target Australia. Image: Cedar Woods" width="580"></a>

<figcaption>The completed HQ for Target Australia. Image: Cedar Woods</figcaption></figure>The opening of the Target Australia HQ caps off a big week for Wyndham, following the announcement last week of a new Western Melbourne team entering the A-League competition, and with it investment in <a href="/news/western-melbourne-group-successful-in-its-a-league-bid">a new 15,000-seat stadium and wider mixed-use precinct</a> as part of a major urban renewal undertaking in Tarneit. 

<h2>What they say...</h2>

<blockquote>
“We’re extremely excited to welcome all 850 Target employees to their new premises in Williams Landing. This is the first of three commercial office buildings under development in the area which has become an emerging commercial precinct outside of Melbourne’s CBD.

With the rise in economic activity and more commercial buyers looking and investing in the west, it’s encouraging to see Williams Landing becoming a thriving commercial hub in Melbourne’s western fringe.

Target’s relocation represents an exciting time for the Williams Landing community. Due to the ongoing strength of the suburb, with its affordability and growth prospects, Williams Landing is becoming increasingly attractive to purchasers, investors and businesses alike.”

- Lloyd Collins, Cedar Woods Victorian State Manager
</blockquote>

 

<blockquote>
"On behalf of my councillor colleagues and the people of Wyndham I’m thrilled to officially welcome Target Australia’s National Headquarters to Williams Landing. This is a wonderful opportunity for our city.”

- Cr Mia Shaw, Wyndham Mayor
</blockquote>

 

<blockquote>
"We’re delighted to have Target Australia, which is backed by Wesfarmers, as a tenant for the next 10 years. This is a high quality, fit for purpose, first generation asset and it is a landmark project we’re proud to be a part of.

This is already proving to be a strong asset for Centuria Metropolitan REIT. We saw Williams Landing as an emerging metropolitan market twelve months ago when we purchased the property and have witnessed strong growth over this period.

We have a great working relationship with Cedar Woods, and we’re looking forward to doing business with them again in the future.”

- Doug Hoskins, Centuria Metropolitan REIT (CMA) Acting Fund Manager
</blockquote>
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Laurence Dragomir

Target Australia Moves Into New Headquarters in Williams Landing

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A new purpose-built A-League football stadium to be built in Melbourne's west received a major boost when the A-League announced a new Western Melbourne team had been successful in its bid to enter the competition.

On greenfield land located on the periphery of western Melbourne, the Sayers Road site is close to the Geelong railway line which as part of the recent state election, could be in the running to have electrified metro services running past in the near future.

The A-League team and development proponent, <a href="http://www.westernmelbourne.com/">Western Melbourne Group</a>, has stated in the past that it would not be seeking significant public investment to develop the stadium and precinct in Wyndham.

The stadium would seat 15,000 people, include training facilities and the precinct could also include a higher-education campus and conference and hotel facilities.

In June 2018, the Wyndham Mayor, Cr Peter Maynard, backed the WMG's proposal.

<blockquote>
"If successful, this project will mean great things for our local area. It will bring people from across Australia right here to Wyndham to watch on as the nation’s best football players battle it out on the field.

The value of this landmark deal for our community will be massive, positioning us as a destination of choice, and putting us on the national and international sporting stage.

We’re also looking forward to the economic boost this project could bring to Wyndham. Hundreds of jobs will be created through the construction phase, and we’ll see more created once the stadium is up and running.

There is also a plan to co-locate a university offering as part of the sports science precinct and sports centre of excellence, creating more educational opportunities for our residents.

We’re confident this project will be a catalyst for other investors. It’s brilliant to see that Western Melbourne Group Holdings, led by Maurice Bisetto, have seen our region for what it is – a thriving area worthy of significant investment.

Wyndham is definitely open for business!"
<cite>Cr Peter Maynard, Wyndham City Mayor</cite>
</blockquote>

The Western Melbourne A-League team would enter the competition in 2019/2020, playing its first games at Kardinia Park in Geelong while its own stadium is under development.

<h2>Adjusting the scope of the Western Melbourne Rail Plan</h2>

Melbourne knows quite well how to make a stadium a success - you need high-quality public transport (read: heavy rail / trains) servicing it. Just look at Waverley/AFL Park's demise versus the the usage at the MCG and Marvel/Docklands Stadium.

<a href="https://www.google.com/maps/@-37.8376473,144.6222823,3535m/data=!3m1!1e3">The site</a>, as quoted in <a href="http://www.starweekly.com.au/news/wyndham-council-backs-a-league-club-stadium-for-tarneit/">this Star Weekly report</a> from earlier in the year, lies right next to the Regional Rail Link corridor which currently forms part of the Geelong line.

In the recent state election campaign, the Andrews Government promised to conduct a Western Melbourne Rail Plan alongside completing its Melbourne Airport Rail Link and Higher-speed services to Geelong/Ballarat studies.

While still a work in progress, the Andrews Government did moot track quadruplication from Sunshine to Deer Park (the junction of the Ballarat and Geelong lines) and from Deer Park to West Werribee - this would allow electrified metro services to operate separate from express/regional services to Geelong and Ballarat.  

Perhaps those plans - should they eventuate - should include a brand new station as well.
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