The transformation of the Burswood Peninsula has reached another major milestone, with Golden Sedayu recently celebrating the completion of Racecourse Boulevard, which links from Graham Farmer Freeway and Saintly Entrance to Burswood Point.
Located just 3.5 kilometres from the Perth CBD, along the Swan River, Burswood Point is emerging as one of Perth’s most desirable waterfront communities.
The completion of the boulevard paves the way for continued construction at Somerset East and West Residences and the first stage of green-title River and Garden Homes at the northern tip of the peninsula.
Golden Sedayu recently welcomed buyers and interested parties to a one-day-only sneak peek of the construction site, offering an opportunity to experience the scale of the development firsthand. Mr Sugiaputra said the strong turn out reinforced Burswood Point’s appeal among local owner-occupiers and downsizers seeking premium riverfront residences close to the CBD.
“As a working site, this was the first time we had the chance to open the site to the public and the response was incredible. It was wonderful for future residents to immerse themselves in the exceptional location and panoramic views of the Swan River, Belmont Park Racecourse and Optus Stadium,” Mr Sugiaputra said.
“Driving down the boulevard, it’s easy to visualise the future vibrancy of the neighbourhood, which will be enhanced by the internationally acclaimed 5-star Anantara Resort, retail, dining, and entertainment offerings, expansive public open spaces and riverfront parklands,” he said.
Unlike many large-scale residential projects that rely on external capital raising or staged financing, the project benefits from being solely funded by Golden Sedayu, a partnership between respected WA land developer Golden Group and leading Indonesian developer Agung Sedayu. Golden Sedayu was established to deliver the $3.8 billion Burswood Point community.
Mr Sugiaputra said that significant financial backing has enabled construction to progress across multiple precincts simultaneously and allowed Golden Sedayu to commit to fixed-price contracts for residential purchases across the development.
“We are seeing buyer demand remaining resilient despite higher interest rates and broader construction sector challenges. We are proud to be giving purchasers certainty around pricing, delivery and developer capability,” he said.
For buyers seeking a green-title residence, the four-bedroom River and Garden Homes, which are currently under construction, present a rare opportunity to secure a luxury riverfront home without the complexity of managing architects, builders or construction timelines.
“Where else in Perth can you currently buy a brand-new riverfront home with a fixed-price contract? At Burswood Point, buyers need only a 10 per cent deposit, with the balance payable on completion,” he said.
The limited collection of luxury two and three-storey River Homes feature floorplans measuring up to 488sqm. Designed by DKO Architecture and built by Urbane, each home is seamlessly connected to the foreshore, with private lifts, expansive living spaces and uninterrupted northern views across the river toward Maylands Golf Course.
River Homes start from $4.5 million and the first stage is estimated for completion in early 2028.
The collection of two-storey four-bedroom Garden Homes just steps from the river, offer a spacious, low-maintenance lifestyle with a strong connection through garden spines to the surrounding parklands and foreshore.
Designed by Space Collective Architects and delivered by C U Building Group, the first stage of Garden Homes is estimated for completion in Q2 2027. Prices start from $3.25 million.
Construction is also progressing on the first two apartment buildings at Burswood Point, Somerset East and West, which have started their vertical journey above the basement levels.
Designed by DKO Architecture and built by Golden Sedayu Construction to the highest specification, Somerset comprises a collection of two and three-bedroom apartments and penthouses designed to maximise light, outlook and liveability.
Elevated wellness amenities focus on sublime river and racecourse views and complement the plethora of recreational and entertaining facilities that will be available throughout Burswood Point.
Two bedrooms start from $1.375 million, and three bedrooms from $2.2 million. Somerset Residences is currently 65 per cent sold and scheduled for completion in Q4 2027.
Burswood Point balances lifestyle, connectivity and convenience and the diverse housing options represent an exciting opportunity for owner-occupiers who have long recognised the scarcity of premium riverfront homes this close to the CBD.
For more information, visit burswoodpoint.com.au
