Australia & New Zealand

Hickory and MaxCap have launched construction on a $300 million, 26-level PBSA development at 570 Little Bourke Street, Melbourne, delivering 892 beds across 748 units with premium amenities and completion targeted for late 2027, managed by UniLodge.

Hickory and MaxCap have commenced construction on a $300 million purpose-built student accommodation (PBSA) project in Melbourne’s CBD.

Hickory and MaxCap have begun construction on a $300 million, 26-level PBSA project at 570 Little Bourke Street in Melbourne’s CBD, delivering 892 beds across 748 units with extensive student amenities and a planned opening in Semester 1, 2028.

A new student housing development in Sydney’s eastern suburbs is reshaping the connection between student living and community life, with the completion of Scape Kensington in Randwick. 

Multiplex has topped out Journal Student Living’s $194 million Market Way PBSA project in Melbourne’s CBD, a 40-level development delivering 715 rooms and 1,010 beds with extensive communal amenities and 172 bicycle spaces, reflecting student transport preferences.

Singaporean developer Centurion plans a $300 million project at 200 North Terrace, Adelaide, featuring three towers including a 30-storey student accommodation building, with construction expected to start in 2027 pending planning approval.

Journal Student Living acquired a 2747 sqm site on North Terrace, Adelaide, for $26.29 million, planning a $400 million student accommodation tower that marks its entry into the Adelaide market and aims to address the city’s significant housing shortfall for students.

AustralianSuper acquired the 253-unit Aster House student accommodation in south Belfast from Harrison Street Asset Management in December, as part of a £560 million UK Living platform focused on high-demand university locations.

Panorama Investment Corporation secured approval from VCAT for a revised student accommodation project at 21-25 Bouverie Street, Carlton, after reducing the development from 29 to 17 storeys and cutting beds from 510 to 324, addressing City of Melbourne concerns on design, heritage, and amenity impacts.

Developer Sirona Urban and landowner Seven Entertainment Pty Ltd have submitted plans for a $170 million, 33-storey student accommodation tower at 18-28 Telethon Avenue, Perth CBD, featuring 854 beds and extensive communal amenities near ECU City campus and RAC Arena.