Residential

The ‘Build to Rent’ (BTR) opportunity is rapidly growing to prominence in Canberra, as assets provide an attractive value proposition because of the city’s transient population, white-collar workforce and strong economic and credit fundamentals.

Sentinel Fund Manager Australia (Sentinel), the Australian arm of leading American development and real estate investment firm Sentinel Real Estate Corporation, has marked the ‘topping out’ construction milestone at its first Victorian Build to Rent apartment building, The Briscoe, in West Melbourne

Sentinel and Dutch pension fund manager PGGM have today announced a new partnership to develop and manage up to A$1.5 billion in Build to Rent communities throughout Australia.

The transformation of a vibrant new mixed housing community is a step closer, with almost 750 new homes approved for construction at Arncliffe – which includes a significant new social housing element.

The first release of apartments at Paradiso Place has now sold out, achieving $160 million in sales and bringing forward the release of Stage Two to the market.

Multi-billion-dollar developer GURNER™ and leading Australian alternative real estate investment manager Qualitas have submitted plans for their first Build to Rent development in Sydney, at 12 Hassall Street Parramatta, that will add $450million to their rapidly expanding GQ BTR portfolio.

Coronation Property has secured Development Approval for Ashbury Terraces with construction commencing on site imminently.

According to Datt Capital Principal Emanuel Datt, there is little evidence to suggest that house prices are about to ‘fall off a cliff’, in their recent analysis of residential property market dynamics.

The Australian government has expanded its Home Guarantee Scheme (HGS), meaning more first home buyers and more single parents will qualify for a low deposit loan guarantee, likely to result in increased demand for purchases in residential property developments.

Stockland, one of Australia's largest diversified property groups, was joined by Mitchell Shire and future residents today to mark the start of construction at Stockland Lyra, a $555 million community in Beveridge.

Leading international property developer SPG Land is revolutionising apartment living by incorporating a fully-integrated smart living platform into its new luxury masterplan development Paradiso Place on the Gold Coast to offer unrivalled convenience to its residents.

Research from Urbis shows that as international borders re-open, tight rental markets across Australia may only tighten further, and with 100 per cent walkability to education, shopping, transport and employment, there is no community better equipped or more ideally located to meet the influx coming to Sydney than Frasers Property Australia’s Midtown MacPark. 

Accomplished property developer David Devine has revealed in detail for the first time, the unprecedented level of absolute beachfront lifestyle amenity that will occupy the whole first floor and the ground level of his signature residential apartment tower Royale Gold Coast on the exclusive strip of Northcliffe Terrace.

Stockland, one of Australia’s largest diversified property groups, was joined by the City of Geelong and future residents today to mark the start of construction at Stockland Banksia, a $193 million community at Armstrong Creek.

Luxury buyers have acted quickly to secure a full-floor residence at the new ultra-luxury boutique residential building LUXE Broadbeach, taking the unique opportunity to fully customise their large 393sqm floorplans.