27 $1m townhouses proposed in Georgetown, Newcastle; application submitted to Newcastle City Council.

Developer proposes 27 $1m townhouses in Georgetown; application lodged with Newcastle City Council. Stirling Property Group submitted a $10m application to subdivide a 12,000sqm site on Austin Street. Three-bedroom, two-storey townhouses, with lots ranging from 222-383sqm, are expected to fetch $1m each. Despite being over $275k more than the postcode's mean house value, planning documents argue the new, central location will attract higher prices.

March 10, 2024
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