Highlands Estate

Projects  /  Completed

Highlands Estate

LocationAlbion Park, NSW
TypeTownhouse community
Scale6 townhouses
StatusCompleted

Overview

A boutique development of six townhouses on Lots 47 and 48 at Highlands Estate, Albion Park, in the City of Shellharbour on the New South Wales south coast.

Delivered by the principals of DPN in joint venture with award-winning builder Edgecliff Homes, before RESOLUT was established. It forms part of the track record RESOLUT now builds on.

Investment thesis

A boutique townhouse project in an established Illawarra suburb, designed for the affordable end of a market with very low vacancy.

Strong demand in the affordable market segment

Open-plan townhouse designs with considered finishes

Minutes from Albion Park Shopping Village, the train station and the M1

A tightly held rental market with sub-1% vacancy

Location

Crest Road, Albion Park NSW

Albion Park sits in the City of Shellharbour, around 19 minutes south of Wollongong, with the Illawarra escarpment behind it and Shellharbour's beaches a short drive away.

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Location context for Highlands Estate
0.8%Rental vacancy
4.4–4.7%Rental yield
13,826Population, 2021 Census
80.7%Owner-occupied dwellings

Sources: DPN Highlands Estate price list (2023) and ABS 2021 Census, Albion Park.

Development snapshot

The project, in figures.

A completed project, shown as part of the track record of the RESOLUT principals. Details are drawn from the original project documentation.

Project typeTownhouses
Dwellings6
SiteLots 47 and 48, Highlands Estate
Typical dwelling3 bedrooms, 2.5 bathrooms, 2-car garage, 155.81 m² (Unit 1)
Delivery partnerEdgecliff Homes
CompletionFebruary 2024

Highlands Estate

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