24 apartments sold: the Parkside Residences grand launch
Thank you to everyone who joined us for the Grand Launch of Parkside Residences over the weekend, our latest project coming to Rivervale.
The response was immediate, with 24 apartments sold during the launch, a strong result that reflects the growing appeal of well-designed, accessible apartment living in Perth’s established inner-city locations.
For Finbar, the momentum behind Parkside is an encouraging indication of where demand is sitting in the current apartment market, with strong interest from both owner-occupiers and investors.
A connected location, designed for modern living
Positioned just minutes from Perth CBD and Optus Stadium, Parkside brings together 108 studios, one- and two-bedroom apartments in one of Perth’s evolving riverside precincts.
The development has been designed around a connected approach to apartment living, with parklands, riverside trails, cafés, dining and major sporting and entertainment destinations all within easy reach.
Residents will also have access to a considered collection of lifestyle-focused amenities, including a residents’ lounge and games area, fully equipped gym, cabana with BBQ and outdoor dining facilities, a multi-purpose sports court with pickleball facilities, private meeting room and smart parcel lockers with 24/7 collection.
The result is a development that brings together convenience, amenity and contemporary apartment living, without moving away from the established community and connectivity of Rivervale.
What the launch tells us about buyer demand
The early sales results provide some interesting insights into the buyers currently engaging with Perth’s apartment market.
Strong local buyer demand suggests that many purchasers are looking to remain close to the areas, communities and lifestyle they already know, while seeking a more accessible pathway into apartment ownership.
First-home buyers and investors have also shown strong interest, highlighting the appeal of mid-tier apartments to a broad range of buyers.
And notably, 39% of Parkside purchasers are repeat Finbar buyers, a strong indication of the trust and confidence our customers place in our developments.
With studios, one- and two-bedroom apartments, Parkside provides an accessible entry point into a well-connected central location, offering a considered alternative for those looking to enter or expand within Perth’s property market.
Building on the strong momentum at Parkside Residences
The response to Parkside follows strong sales across a number of Finbar’s recent developments, including Bel-Air, Garden Towers, Romeo and Riverbank Residences.
Together, these results point to growing confidence in apartment living and continued demand for quality homes in established, connected locations.
At Finbar, we remain focused on delivering quality, accessible mid-tier apartments that respond directly to the needs of the market. For us, that means creating homes that offer more choice for Western Australians while carefully considering location, design, amenity and value.
Parkside is a reflection of that approach.
With construction estimated to commence in early 2027 and completion anticipated for mid-2028, we’re excited to bring Parkside Residences to life and to welcome our future residents to this new chapter in Rivervale.
