Perth is getting a makeover. Five massive developments have just secured government funding, unlocking more than 1,200 new apartments across the city. From riverside luxury to coastal convenience, these projects are set to reshape Australia’s real estate scene in Western Australia.
Why Perth? Why Now?
Housing shortages and rising property prices are hitting Australia hard, and Perth is no exception. To tackle this, the Infrastructure Development Fund (IDF), an $80 million initiative, was created to reduce the costs of upfront infrastructure and speed up housing delivery.
In this latest funding round, 15 projects got the green light. Together, they’ll deliver thousands of apartments, but the spotlight shines brightest on five standout projects expected to have the biggest impact.
WA Planning and Lands Minister John Carey summed it up:
“The funding assistance for upfront essential infrastructure costs is helping industry unlock a pipeline of projects to deliver thousands of new apartments.”
Translation? Less waiting, more building, and hopefully a little relief for Perth’s overheated housing market.
The 5 Biggest Perth real estate developments
1. Burswood Point – 51 Seabiscuit Drive, Burswood
Set along the banks of the Swan River, Burswood Point is no ordinary apartment project. Developer Golden Sedayu envisions it as a “city within a city,” complete with residences, shopping, dining, and entertainment. With 456 homes in total, including the already-rising Somerset Residences, the development is set to become one of Perth’s most ambitious mixed-use precincts. Apartments will feature premium finishes such as engineered timber floors, Gaggenau appliances, and sculleries in kitchens design details aimed squarely at the luxury buyer. And if location is everything, Burswood delivers in spades: it’s steps away from the iconic Optus Stadium, Crown Resort, and Perth Stadium train station, which puts the CBD just five minutes away. For anyone in the market for high-end Australia real estate, this project is one to watch.
2. Somerset Residences – Rivervale (6 Homelea Court)
In the Springs Precinct of Rivervale, Finbar Group is adding yet another feather to its cap. This latest development, built on a 3,809-square-metre site, will rise 12 stories and offer 171 new apartments. The majority of these will be one-bedroom homes, cleverly designed between 50 and 63 square metres to cater to young professionals, first-home buyers, or downsizers looking for efficiency without sacrificing quality. Finbar is no stranger to this area, having already delivered several successful projects here and Somerset Residences is poised to follow suit. Beyond the walls of the apartments, residents will enjoy modern lifestyle amenities including a gym, a fully equipped residents’ lounge with a kitchen and games room, outdoor BBQ facilities, and a serene reflection garden. With the Swan River a short walk away and Optus Stadium just across the water, this project blends city living with recreational convenience, further strengthening Rivervale’s reputation as an emerging real estate hub in Perth.
3. 20 Linkage Avenue, Cockburn
South of the city, Cockburn is rapidly growing into a sought-after destination for renters, and the new SKS Group project at 20 Linkage Avenue will only accelerate that momentum. Planned as a nine-level mixed-use building, it will house 243 build-to-rent apartments along with six retail spaces on the ground level. Build-to-rent models are still relatively new in Australia real estate, but they’re gaining traction as a solution to housing shortages, providing professionally managed rental properties with long-term security for tenants. This development will also boast modern lifestyle amenities, including a gym, cafes, and a landscaped outdoor terrace on the third level ideal for residents who want both comfort and community. Its location is another big drawcard: Cockburn train station is within walking distance, and the popular Cockburn Gateway Shopping Centre is nearby. For city commuters, the Perth CBD is just a 17-minute train ride away, offering the perfect balance of suburban space and metropolitan access.
4. Waardong Court, Halls Head (Mandurah)
Heading further south, the Yaran Property Group is bringing a new residential development to Halls Head in Mandurah, about an hour from Perth’s CBD. This coastal-inspired project will deliver 76 apartments, all positioned to take advantage of easy access to Mandurah Road bus routes and nearby shopping centres. The real appeal here lies in the lifestyle: future residents will be a short walk from the Peel Inlet and just a quick drive from the ocean, offering an enviable combination of waterfront living and suburban practicality. For those who want the slower pace of coastal life without losing connection to the city, this project strikes the perfect balance. It also broadens housing options in Mandurah, which has long been a popular destination for both retirees and young families looking for affordable alternatives to Perth’s inner suburbs. By bringing medium-density apartments to the area, Yaran Property Group is addressing demand in a market that’s hungry for more diverse housing choices.
5. Almondbury Road & Bragor Place, Ardross
Closer to the city, just nine kilometres south of Perth’s CBD, Scentre Group is set to deliver a project that ties directly into its well-known retail empire. Located next to Westfield Booragoon Shopping Centre, the development will include a seven-story apartment building with 57 homes, as well as three townhouses on the northern end of the site. The design emphasizes sustainability and community, with plans targeting a 5-star Green Star rating a clear signal of the growing demand for environmentally conscious housing in Australia real estate. Residents will enjoy rooftop terraces, landscaped green spaces, and unparalleled access to amenities, from dining and shopping at Westfield to leisurely strolls through Wireless Hill Park. Public transport is also within reach, with bus connections available on nearby Riseley Street and Coomoora Road. For professionals and families alike, this development offers a blend of convenience, comfort, and eco-friendly design that reflects the future of Perth’s property landscape.
What this means for Australia’s real estate market
Together, these five developments represent a major injection into Perth’s housing pipeline. They bring diversity from luxury riverside apartments to suburban build-to-rent complexes and coastal living options and they highlight how government policy and developer ambition are converging to address Australia’s housing challenges.
For buyers, these projects mean more opportunities near transport hubs and lifestyle precincts. For renters, the Cockburn development signals a new era of rental supply in a tight market. For investors, Perth is once again positioning itself as a growth hotspot within the broader Australia real estate market, offering a mix of affordability and long-term potential.
Final word
Perth’s skyline is changing, and with over 1,200 new homes now in the pipeline, these projects show how strategic funding and bold development can reshape a city. Beyond bricks and mortar, they represent a shift in how Perth balances affordability, sustainability, and lifestyle in its real estate market.
