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Attention Sydney-based developers:

Development opportunities in the wa market

Things may be getting quiet in the Sydney property market, but in Perth opportunities are starting to open up.

The Perth property market typically trails that of Sydney, and is currently at the bottom of the property cycle.

Perth is embracing walk-up apartments in the suburbs

You can develop multi-uni walk-up apartments in the northern suburbs of Perth right on the train line.

To give an indication of possible project size & pricing (based on recent Zegna projects):

  • 7 unit multi-apartment developments from $2.6M*
  • 7 unit sites, 19km from the CBD can be around $850K*
  • 2 Bed, 2 Bath units can sell for around around $500K - $550K*
  • Gross profit range can be 20% - 40% depending on location*
  • Zegna adopts a cashflow positive investment strategy

All in all, there are profits to be made as the Perth market recovers.

Zegna is a Perth based builder/developer specializing in turn key multi apartment developments.

We deliver turn-key developments:
Land Construction Strata Sales Rentals

Speak to us today about current opportunities in Perth.

Learn more about Zegna Contact us
* All quoted prices are examples only and are based on previous Zegna projects. Land and apartment prices will vary over time with changing market conditions and property/land availability.
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