Veue Grand, Norwest apartments fly off the shelves at weekend launch
Sekisui House Australia secured $65 million in sales at the launch of Veue Grand, the final release of the fourth stage in their $1 billion Norwest masterplan, The Orchards.
Over 55 apartments were snapped up at the launch, including a record-breaking four-bedroom penthouse sale worth over $4 million, which set a suburb record.
With prices starting from $630,000, buyers came from a wide geographical reach including locals in Norwest, up to the northern beaches in Dee Why, across to Coogee in the east, and as far south-west as Picton.
More than 180 people attended the public launch to secure a nature-inspired apartment.
David Lee, Sales Manager, Apartments & Mixed-Use Developments at Sekisui House Australia said Veue Grand has had one of the most successful launches in The Orchards to date.
"We have witnessed strong demand across all apartment types, with two-bedroom residences emerging as the most popular choice, accounting for more than 50 per cent of all sales.
“We are very proud to also have achieved a record sale for a four-bedroom penthouse, which speaks volumes about both the quality of the product and confidence buyers have in the brand.”
Nearly 25 per cent of all sales came from the newly introduced two-bedroom, one-bathroom layouts, an efficient and affordable entry point aimed at first home buyers.
“The introduction of this new apartment type has been well received. It is proving to be a smart option for buyers who wish to enter the market without compromising on location or quality,” Lee said.
First home buyers and investors from across Sydney made up a significant portion of the buyer demographic. In contrast, larger residences and penthouses attracted strong interest from downsizers, many of whom already live within a 10km radius of Norwest.
Lee said the recent interest rate reduction played a role in the success of the launch.
“We did see an uptick from first home buyers and investors following the rate drop, although downsizers, who tend to be less rate-sensitive, were key in securing the premium stock.”
Veue Grand's extensive amenities including an indoor swimming pool, gymnasium and communal function centre, alongside expansive green spaces and access to the newly completed Sydney Metro Northwest line, were purchasing drivers.
“Many sales came from repeat clients or through word-of-mouth referrals, which is a testament to trust in the global brand. The sales result further cements The Orchards position as one of Sydney’s most compelling residential offerings,” Lee added.
“With direct Metro access now taking residents from Norwest to Martin Place in under 45 minutes, The Orchards ticks all the boxes, location, liveability and long-term growth potential.”
Construction of Veue Grand is well underway and tracking ahead of schedule, with completion anticipated in late 2026. Buyers can invest with confidence, knowing the builder has been appointed and the build well underway.
Veue Grand designed by Crone Architects, comprises 217 residences across two 11 and 18-level buildings.
The Orchards is around 31 kilometres north west of Sydney’s CBD. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.
