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Perth’s apartment boom: 5 mega developments just got the green light

Real Estate Investing
Australian Property
Investing Strategy

If you thought buying a home in Perth was getting tough, the WA government is betting $12 million that it doesn’t have to be. With housing demand climbing, five major apartment projects in Perth just secured funding to supercharge development and the timing couldn’t be better for future buyers, renters, and investors.


Australia real estate is facing a supply crunch, but Perth is stepping up. Thanks to the $80M Infrastructure Development Fund (IDF), over 1,200 new apartments are now on the way. From riverside luxury to beachside living, here are the five real estate developments shaking up the Australia real estate scene in 2025:


1. Burswood Point – A riverside game-changer

51 Seabiscuit Drive, Burswood
Imagine living next to Optus Stadium, with Crown Resort as your neighbor. Burswood Point is more than an apartment complex, it’s a mini city. The luxe Somerset Residences will offer 456 one- to four-bedroom apartments with high ceilings, timber floors, and Gaggenau kitchens. Oh, and it’s a 5-minute train ride to Perth CBD.


2. 6 Homelea Court, Rivervale – Urban convenience, finbar style

Rivervale (Springs Precinct)
Finbar Group’s latest project features a 12-storey tower with 171 apartments (most of them 1-bedders, perfect for investors or city professionals. You’ll get river views, walkability to Optus Stadium, and a rooftop BBQ garden. This marks Finbar’s 5th play in this fast-growing area.


3. 20 Linkage Avenue, Cockburn – Built to rent, built to impress

Cockburn
This 9-storey development by SKS Group brings 243 build-to-rent apartments and retail spaces just steps from the train station and Cockburn Gateway. Expect a gym, cafes, and lush third-floor terraces, all within 20 minutes of Perth CBD.


4. 4 Waardong Court, Halls Head – Mandurah's coastal retreat

Mandurah (Halls Head)
If you love the coast, you’ll love this. Yaran Property Group is bringing 76 new homes to Halls Head which a minutes from the beach, Peel Inlet, and Mandurah shops. Perfect for downsizers or first-home buyers craving a sea breeze and lifestyle upgrade.


5. Almondbury Road, Ardross – Westfield’s residential power move

17-19 Almondbury Road & 3 Bragor Place
Next to Westfield Booragoon, this Scentre Group project features a sleek 7-storey building with 57 apartments and 3 townhouses. Bonus: rooftop terrace, green space, and a 5-star Green Star rating. Residents will enjoy easy access to parks, buses, and, of course, retail therapy.


Why it matters

These projects are part of a broader push to unlock housing in key growth zones. The IDF is not just handing out money, it’s fueling a vision for more connected, sustainable, and affordable urban living.

Whether you're looking to buy home in Australia, invest in Australia real estate, or simply live closer to where the action is Perth’s apartment future looks bright.

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