WA's Wellard Village Centre attracts private capital as urban infill activity ramps up

Development WA has struck a string of deals worth more than $6 million in Perth’s southern growth corridor, with five land parcels at the Wellard Village Centre either sold or under contract, paving the way for new residential and community-focused development.

The lots span 10,739sqm* and are positioned along Charing Cross in the heart of Wellard’s town centre, with the aim to deliver a mix of medium-density housing and a new childcare facility, signalling renewed momentum in suburban infill and transit-oriented development.

Yaran Property Group secured and settled on four of the five sites, totaling circa $5.22 million. The developer plans to construct two- and three-storey walk-up apartments aimed at delivering more affordable, well-located homes within walking distance of the Wellard train station. 

"Wellard Village is exactly the type of well-connected, master-planned community where Yaran sees an opportunity to deliver on our mission of providing affordable, high-quality housing," said Marco Buonaiuto, General Manager of Yaran Property Group. 

"Our new projects here will not only increase housing supply but also enhance the vibrancy of the town centre by supporting an accessible, community-focused lifestyle."

JCP Developments WA secured and settled the remaining site, Lot 814, and will build a new childcare centre with capacity for 92 children.  The centre has been pre-leased to an established WA based operator, with construction to commence in Q4, 2025. 

Ben Younger and Zaahen Kahn of Cushman & Wakefield brokered the sales on behalf of Development WA and said the depth of buyer interest reflects shifting investor focus toward community-centred urban villages with strong transport links.

“These transactions highlight the growing appetite for medium-density product in strategically located, master-planned communities,” said Ben Younger of Cushman & Wakefield. 

“Wellard Village offers a compelling mix of infrastructure, walkability, and amenity - exactly what both developers and future residents are seeking.”

The activity comes as Development WA continues to unlock land for housing and services across Perth’s southern corridor, targeting both private investment and housing diversity. Located just 35 minutes by train from the CBD, Wellard has evolved into a key node in the city’s METRONET vision, with a mix of established retail, open space and education infrastructure already in place.

Mr Kahn said “Yaran Property Group’s latest acquisitions build on its track record of delivering affordable medium-density housing across Perth, with its Wellard developments set to enhance local supply while maintaining a focus on community integration”.

With land settlements complete and development approvals secured across the sites, construction of Stage 1 is scheduled to commence in Q1, 2026, adding further momentum to one of the southern corridor’s most closely watched precincts.

As development pressure continues to move outward from Perth’s inner ring, Wellard Village is shaping up as a prime example of how transit-aligned, master-planned centres can attract coordinated private investment and deliver on the promise of liveable urban expansion.