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July 28, 2022

Top five multi-family housing construction projects that commenced in Australia in Q2 2022

By Carmen

Here are the top five multi-family housing construction projects that commenced in Australia in Q2 2022, according to GlobalData’s construction projects database.

1. Waterloo Metro Quarter Development – $650m

The project involves the construction of a mixed-use community in Sydney, New South Wales.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The project aims to provide better residential, commercial, and accommodation facilities in the region.

2. LIV Aston Build-To-Rent Development – $284m

The project involves the construction of 474 build to rent apartments in Melbourne, Victoria.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2024.

The project aims to provide better residential facilities in the region.

3. 88 O’Connell Residential Development – $188m

The project involves the construction of two 12-storey and a 15-storey tower comprising 160 apartments on 0.75ha of land in Adelaide, South Australia.

Construction work started in Q2 2022 and is forecast to complete in Q2 2025.

The project aims to provide better residential, commercial, and health care facilities in the region.

4. Yves Mermaid Avenue Residential Development – $145m

The project involves the construction of three, 26-story towers on 0.19ha of land in Gold Coast, Queensland.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2024.

The project aims to provide better residential facilities in the region.

5. 15 Thompson Street Build-to-Rent Community – $135m

The project involves the construction of a built-to-rent community comprising 199 residential units in Melbourne, Victoria.

Construction work started in Q2 2022 and is expected to be completed in Q2 2024.

The project aims to bridge the gap between renting and owning your home.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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