Australian property giant Stockland is progressing its medium-density development near South Fremantle.
The $250-million project comprises 206 all-electric homes, each with solar, batteries, smart home automation and EV charging, on the 4.68ha site at 1 Naylor Street, Beaconsfield.
Perth-based firm Northerly Group will build the Stockland Nara community, 3km south of Fremantle, which was approved in October.
Its first residents are expected to move in by the middle of next year.
The project follows Stockland’s first standalone medium-density project in WA, Stockland Canopy at Glendalough, which launched in 2020.
Stockland activity in the Perth market, one of the strongest in the nation, has included plans for land lease communities in the south-west and a Wanneroo site approval last year.
The ASX-listed company has a total book value of $800 million in the state for 5 per cent of its national portfolio.
This includes two town centres, 11 masterplanned communities and a commercial asset, according in Stockland’s first-half results that were released in February.
Stockland general manager WA Col Dutton said Nara championed a “Fremantle-first” approach in its design and planning.
“It’s important to us that Nara recognises and celebrates the South Freo lifestyle and the local character of the area,” Dutton said.
“We have worked with the Fremantle community as we bring Nara to life, including with Noongar Elders on the place naming and design, and with local artist Jordy Hewitt on our branding.”
WA planning minister John Carey said the development was a model for smart, sensitive urban growth that would make a significant contribution to housing diversity in the Fremantle area.
