Amara Estate Builder Appointed
M/Group is pleased to announce that NVS Construction Pty Ltd has been appointed as builder for Amara Estate, marking the project’s move into the construction phase.
Founded in 2022 by Directors Brendon Bidwell and Russell Holmes, NVS Construction has built a reputation for quality across industrial, mining, residential and mixed-use projects, drawing on the Directors’ extensive industry experience. Their appointment follows the finalisation of the Building Contract and Civil Works package, and construction is set to commence in the coming months.
This milestone builds on strong momentum for Amara Estate. Since pre-sales launched, the project has attracted significant demand from essential workers and investors alike, with now 54 dwellings pre-sold and 37 dwellings contracted to the Government Regional Officer Housing (GROH) program. Full project funding remains secured through the Commonwealth Bank of Australia (CBA).
With a builder now in place, M/Group looks forward to delivering safe, affordable, climate-resilient homes for essential workers in the Kalgoorlie-Boulder region, and will continue to provide updates as construction progresses.
M/Group Launches Newman Regional Housing Fund
Read moreM/Group Launches Newman Regional Housing Fund
M/Group is pleased to present the Newman Regional Housing Fund – a strategic residential land development in the heart of the East Pilbara.
Located in Newman, one of Australia’s premier iron ore service centres, the development is positioned to meet chronic housing undersupply driven by long-term demand from mining operations. The project comprises 200 titled lots, secured from a Receiver/Manager at a significant discount to replacement cost.
The development will deliver 167 turn-key homes for owner-occupiers and investors, and remaining high-density lots to be sold separately on the open market. M/Group is partnering with NVS Construction and Jubilee Modular, both of whom bring significant experience delivering construction outcomes in regional Western Australia.
Housing supply in the region remains in critical shortage, with very limited new supply delivered over the past decade and demand is expected to continue.
M/Group to Develop and Hold Third Quest Apartment Hotel
Read moreM/Group to Develop and Hold Third Quest Apartment Hotel
M/Group is strengthening its presence in Western Australia’s North West with the announcement of a new investment located in the Pilbara region. This project marks our third collaboration with the Quest Apartment Hotels brand, a fully owned subsidiary of The Ascott Limited, further cementing a successful long-term partnership.
Under our ‘Develop and Hold’ strategy, M/Group will oversee the delivery of this premium accommodation hub, designed to cater to the sustained demand from the corporate and industrial sectors in the Pilbara. By retaining the asset within our portfolio, M/Group continues to focus on securing high-yield, long-term investments in key economic growth zones.
The Quest South Hedland development underscores our confidence in the region and our commitment to delivering institutional-grade assets that support the state’s essential industries.
For more information, visit the Quest South Hedland project website here.
Amara Pre-Sales Officially Launched
Read moreAmara Pre-Sales Officially Launched
Following much anticipation, M/Group is excited to announce that pre-sales for our latest residential landmark, Amara Estate, officially launched at the end of July 2025.
Amara Estate is a secure, gated community with shared green spaces and residence clubhouse. The primary goal of this project is to facilitate delivery of safe, affordable, climate-resilient homes in a secure, gated community for essential workers in this high priority regional location in the Kalgoorlie-Boulder area. The essential key workers include and aren’t limited to the following industries: childcare, education, emergency services, government employees, healthcare, and retail.
Currently, there are 40 dwellings pre-sold, and 36 dwelling contracted to be leased to the Government Regional Officer Housing (GROH) program. Demand for sales and leasing remains exceptionally strong, driven by Kalgoorlie’s current vacancy rate of less than 1%.
The project is set to move into the construction phase early next year. The Building Contract and Civil Works package has been finalised, and we have secured full project funding through the Commonwealth Bank of Australia (CBA).
South Western Highway Development Update
Read moreSouth Western Highway Development Update
M/Group is pleased to provide a timeline update for our upcoming project located on South Western Highway, Armadale. Following extensive planning and design phases, construction is officially scheduled to commence in mid-2026.
This project represents a strategic addition to our commercial portfolio, capitalising on the high visibility and logistical advantages of the South Western Highway corridor. We have commenced finalising Offer to Leases to blue chip tenants: 7-Eleven, Banjos Bakery, Ultra Tune, and Sparkletown Car Wash.
We look forward to breaking ground next year and delivering a project that contributes to the economic growth of the surrounding region.
Geraldton Large Format Centre Reaches Completion
Read moreGeraldton Large Format Centre Reaches Completion
M/Group is proud to announce the formal completion of the Geraldton Large Format Centre, marketing a significant milestone for the region’s retail landscape. With construction now finalised, we are thrilled to welcome anchor tenants Rebel Sport and Red Dot Home, both of which have officially opened their doors to the Geraldton community.
Beyond providing a premium shopping destination, the centre represents M/Group’s ongoing commitment to sustainable development. The project features a solar array and battery storage system, designed to significantly reduce the site’s carbon footprint and provide energy efficiencies to our tenants.
This integration of renewable energy technology ensures that the Geraldton Large Format Centre is not just a hub for commerce, but a benchmark for environmentally conscious commercial property in Western Australia.
Government Grants a Welcome Injection for Land Buyers
Government incentives to buy land and build new homes has sent demand for land skyrocketing, according to Perth land developers.
“We are only weeks in from the state and federal governments’ stimulus announcement and the response has been significant,” Monument parent company M/Group Director John Wroth said. “So much so, that we expect to sell our current stock across all projects within a month.
“This is absolutely monumental. People are quickly responding to the prospect of up to almost $70,000 in incentives. Those who previously could only budget for outer-fringe areas might now be able to afford the more desirable land close to the city such as Beeliar, Piara Waters and Treeby.”
“However, this is a finite window of opportunity and I would strongly encourage anyone looking to get a foothold in the more sought-after areas to act quickly before prices adjust to demand.”
Cuttone Property Group Managing Director Phil Cuttone has also witnessed a significant growth in interest.
“We are seeing a significant spike in sales with most developers having to now consider constructing more lots to bring on new stock as quickly as possible before the December 31 grants deadline,” he said.
“The next three to four months should see titled stock being depleted across all urban areas around Perth, especially in affordable first homebuyer areas.”
“Lifestyle areas such as North Dandalup and West Pinjarra are also benefiting from land uptake where a significant increase of sales is evident.”
While this current period may be welcomed by developers, the future of the land market is dependent on a number of factors, from employment and migration growth to affordability, according to Mr Cuttone.
“Once we can look beyond the COVID-19 implications, the outlook may be positive in Western Australia compared to the eastern states, where the land prices have been at artificial highs compared to Perth which has experienced the opposite,” he said.
“I have an optimistic view of the recovery in the Perth land market for the future, anticipating that land prices will be steady for the next few years after the end of the grants, given that there is an oversupply of affordable land coming onto the market in the future.”
Mr Wroth said while land stock was being quickly bought up, buyers were spoilt for choice.
“Land buyers are certainly not starved for choice with four corridors of development and some very attractive infill land sites on the table,” he said.
“The market shake-up could have some impact on zoning, with some high-density zoned sites possibly changing to direct land subdivision.”
“However, this will all be dependent on the state and federal governments’ ability to maintain demand and stimulate the economy through the job creation, migration and improved relations with our South East Asian neighbours.”
“It is important to recognise that the property market is strong aligned to a good economy.”
The land market has been performing well recently, according to REIWA data witnessing 5049 sales for the year to March 2020, with a median price of $248,000 and 5.1 per cent change in prices for the year.
Piara Waters and Baldivis we two hotspots for land sales, witnessing 201 and 192 sales, respectively.
While the average days on the market for the land was 60, some areas like Bedford and Kinglsey witness an average of 299 and 329 days on the market, respectively.
Most areas of Perth have seen price increases, with Perth south eat witnessing a 7.1 per cent increase for the year, while the inner suburbs or Perth suffered and 10.1 per cent decrease.