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35 apartments sold within four hours at north-west Sydney development

Market Insights
1 month ago
3 minutes

Sekisui House Australia, in collaboration with Hankyu Hanshin Properties, has recorded outstanding sales results with the debut of Aeris, the most elevated and luxurious release to date within the $5 billion Melrose Park masterplanned community in north-west Sydney.

In just four hours, buyers snapped up 35 apartments worth a combined $30 million, making it one of Melrose Park’s most successful launches to date. With prices ranging from $645,000 to $1.5 million, Aeris, has set a new standard for the precinct, with two-bedroom residences surpassing the $1 million milestone, well above the price points achieved in earlier stages.

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Aeris had a successful launch day, selling over thirty-five apartments. Click here to find out more.

Veronica Papaianni, sales manager, apartment & mixed-use developments at Sekisui House Australia, said the sales results confirmed both the strength of the market and the growing demand for premium apartments in master planned communities.

“Aeris captured the attention of buyers with its elevated location, luxury finishes, and new product types including two-bedroom residences with dedicated multipurpose rooms, a first for Melrose Park," Veronica said.

“The response was immediate with over 200 people attending the launch and 35 apartments sold launch day. 

"Owner occupiers made up over half of all purchasers, an exceptional outcome for a high-rise apartment building and a strong indicator of the desirability of Aeris as a place to live, not just invest." 

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Buyers were attracted to Aeris for several reasons, with one being the exclusive amenities on offer. Click here to find out more. 

Apartments sold were evenly split between one and two-bedroom configurations, with strong demand from young couples, professionals, downsizers, and first home buyers. The introduction of adaptable layouts, such as dual key and multi-generational residences, also expanded buyer interest.

“The record result builds on renewed buyer confidence following two interest rate cuts earlier this year, with another cut widely anticipated next week," said Veronica. 

"The interest rate reductions have definitely contributed to the sales momentum and buyer optimism. 

"We are seeing more people engage with the market, particularly owner occupiers who feel now is the right time to secure a high-quality home in a future focused location.”

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Find out why Victoria and Enrique purchased an apartment

First home buyers Victoria and Enrique from Box Hill were drawn to Aeris’ price point, location, and amenities. 

“We purchased a one bed plus study and could not be happier," the couple said.

"The Sekisui House brand, proximity to Parramatta and transport connections, apartment price, and size of the project influenced our decision.”

Positioned at the highest point of the 30-hectare Melrose Park site, Aeris offers panoramic views of the Parramatta River, Sydney Olympic Parklands, and the surrounding neighbourhood. Every apartment includes Miele appliances, timber flooring, and smart home integration with residents enjoying access to a rooftop pool, gym, and outdoor cinema.

Veronica continued, “The success of Aeris further elevates Melrose Park’s standing in Sydney’s competitive property landscape.

"Aeris reaffirms Melrose Park’s position as one of Sydney’s most ambitious urban renewal projects. 

"Its green spaces, future Town Centre (set to open in 2026), Melrose Park High School, and connectivity to the Parramatta Light Rail Stage 2 connection, make it a highly attractive proposition for both owner occupiers and investors.”

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Pictured above are first home buyers, Enrique and Victoria from Box Hill. Click here to find out more. 

Comprising 468 luxury apartments across two tall slender towers of 21 and 23 storeys, Aeris will stand as a defining architectural statement and lifestyle destination in the growing precinct.

Only the first of Aeris’s two towers has been released to date, with the next release expected in early 2026.

Construction of Aeris is anticipated to commence in late 2025, with the first lower tower due for completion in Q4 2027 and the second tower expected in 2028.

Find out more about Aeris here.