Rawson Group diversifies offering across NSW with newly launched Medium Density Division
Prominent Australian homebuilders, Rawson Group, has announced it is diversifying its property offering, with the launch of a dedicated medium density division for upcoming projects across New South Wales.
Rawson Groups medium density division is set to deliver 340 new medium density dwellings over the next three years, as well as its first community development in Leppington in south-west Sydney.
The first project underway for the new division lands in south-west Sydney, a $20 million investment in Leppington for Rawson Group’s new Tegel Park development, where 80 new residents will call home by mid-2023.
The project offers a selection of 17 two-storey four-bedroom, three-bathroom family homes, competitively priced between $998,000 to $1.06 million, in addition to one five-bedroom, two-bathroom heritage house.
Leppington will also see construction a co-educational pre-K to year 12 Anglican school, Leppington Anglican College, construction of Willowdale Hotel, a brand new $8.5 million pub, two medical precincts within two-kilometres, and a $72 million new Woolworths’ Leppington Village Shopping Centre.
Rawson Group's new head of the division, Anthony Dalla Fontana, says the Tegel Park development in Leppington was first-class, and offered enviable amenities at an amazing price point.
“Tegel Park will be unique as all 18 homeowners will have access to their own private heritage park that will form the focal point of the community, creating a green oasis that encourages neighbourly interaction. Several of the site’s charming original features have been retained, including the heritage palm trees that line the one-acre park and an existing cottage that’s been transformed into a unique residence.”
Rawson Group Managing Director, Nick Chandler, said the move for the business came at a crucial time for the Sydney housing market, with many priced out of owning properties in what some are calling a housing crisis.
“Sydney is projected to need an additional 725,000 homes by 2036 to accommodate its growing population. Conditions are tough for home buyers with the sharp increase in cost of land, alarming increases in the cost of living, limited salary growth and rising interest rates. As a result, many buyers are considering medium density housing, such as terrace homes, as their entry point into the market as the cost for them to purchase a house and land package has become prohibitive.
“It's the great Australian dream of owning our own home and land, and we’re extremely proud to be entering the market with our new offering. Rawson Group has put in extensive research into what first homeowners and investors are looking for, and we’re excited to showcase what medium density housing can provide for a much friendlier and more affordable price point.”
Tegel Park will offer the choice of two distinct double-storey home designs, each available in one of two floor plans, with the option to add a private guest suite, which can serve as a separate living zone and includes a discreet private porch.
The first stage is now selling in the Leppington project, with the first six homes currently on sale. The remaining 11 homes and heritage house are tipped to hit the market in June.