Perth’s popular Subiaco is set to receive a fresh injection of new apartments, and select two-storey townhomes, with the launch of Incontro Apartments by award winning developer Cedar Woods.
Cedar Woods, who have developed nationally for the best part of four decades, have already sold 30 percent of the apartments before officially taking the project to market. The launch comes off the back of the successful Incontro Townhouse development next door where buyers have moved into their completed homes and are enjoying the surrounding amenity that Subiaco has to offer.
The one, two and three-bedroom apartments start from $594,000* which is well below Subiaco’s median house price which is now touching $1.9 million. The Subiaco unit market has also grown significantly, according to property data analytics firm CoreLogic, with values jumping 12.4 per cent in calendar year 2023, followed by a rise of 16.7 per cent in 2024.
