Crown Group launches six residential developments in Australia
By Bong Xin Ying
/ EdgeProp Singapore |
Australian developer Crown Group is creating six new residential apartment developments in Melbourne, Sydney, and Brisbane. These three cities hold six of the world’s top-ranking universities, according to Times Higher Education’s Top 100 Universities in the World Report 2018.
Thus, International students and their families make up a significant proportion of Crown Group’s buyers in Australia due to the “excellent education system, the sunny and easy lifestyle, and the range of quality new housing on offer in each city”, says Iwan Sunito, chairman and group CEO of Crown Group.
"You will find that each of our residential developments in Australia are within a 5km radius of the nation’s leading universities and offer excellent living as well as solid investment opportunities," Sunito adds.
Within 5km of Sydney’s centre, four of Crown Group’s projects are underway. The city is also where two of the world’s highest-ranking universities are located – University of Sydney, at 61st place, and University of New South Wales, at 80th place.
Out of the four projects in Sydney, two projects – Infinity in Green Square and Waterfall in Waterloo – are nearing completion. Residents will be able to move in this month, according to the developer. Both developments offer stylish new studios, ad one-, two- and three-bedroom apartments, and these are available for sale or for rent.
Residents of Waterfall by Crown Group will be able to move in this June (Credit: Crown Group)
Crown Group will also launch its first residential project in Melbourne this year. Located in the heart of Southbank, the project will comprise 152 apartments. It is close to the University of Melbourne and Monash University, says the developer.
In addition, Crown Group will launch their first development in Brisbane later this year. Featuring a tropical garden-style design on the waterfront at West End, it is a few minutes’ drive from the University of Queensland (ranked 65th) and is 4km from the city centre.
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