Stockland's Aura project records the most masterplanned community sales in Australia
A new list of masterplanned community sales has been released, with Stockland placing three times in the top five.
The National Land Survey by Research4 reports on vacant land sales in new residential communities around Australia.
Stockland’s Aura community on Queensland’s Sunshine Coast claimed first place with 746 sales in the past year.
Stockland Elara in Sydney’s north-west was the second most popular community with 674 sales in the 2017-18 year, while Stockland Highlands in Melbourne’s northern growth corridor ranked fourth with 632 sales.
Andrew Whitson, Group Executive and CEO, Stockland Communities, said it was an outstanding result for the company.
“Our closest competitor achieved a market share of 5 per cent in the June quarter, highlighting our strong national position in the creation of masterplanned communities,” he said.
“We have a long track record for delivering many of Australia’s best new communities and a clear vision for meeting the future housing needs of Australian families.
“These latest national land survey figures confirm that our focus on liveability, affordability and the owner occupier market has made Stockland the first choice for home buyers in masterplanned communities.”
Whitson said is currently sell over 75% of its product to owner occupiers and over 50% to first home buyers.
AT Aura, more than 20,000 new homes will be created on the 24 square kilometre site over the next 30 years.
Other products in the company’s development pipeline include the Highlands community in Victoria and the Elara community in Sydney.
