Yolk Property CEO updates progress on WA land lease communities
Everland accelerates WA land lease rollout
- Four projects: Everland advancing communities across WA
- Harrisdale first: 75-home pilot set for DA lodgement next month
- 800-home pipeline: Busselton, Margaret River and Cowaramup progressing
- Expansion mode: Victoria and Queensland sites under review
Just over two years after announcing plans to enter the land lease sector, Western Australian property group Yolk has provided an update on the progress of its first communities.
In May 2024, Yolk Property Group CEO Tao Bourton revealed how the group had created its land lease arm Everland Communities and planned to integrate over‑55s homes into its masterplanned communities.
Everland’s first land lease communities were to be part of Arbour Margaret River (250 LLC homes and 400 houses) and Embark Busselton (300 LLC homes and 1,000 houses).
The Weekly SOURCE reached out to Tao last Friday (29 May) for an update.
He revealed that the group now has four land lease communities in the planning stages, with expansion to the East Coast now under consideration.
The four communities include Harrisdale, a 75-home site in Perth’s thriving southern corridor. A development approval application is due to be lodged next month, with stage 1 construction to commence in the first quarter of 2027.
“This one is a pilot, testing a smaller land lease offering,” he said. Yolk is seeking to build 300 residential lots on the 27.11 hectare site.
The development application for the 300-home Embark Busselton is also to be lodged in July, with stage 1 construction to follow in Q1 2027.
The DAs for Everland’s 250-home Arbour Margaret River and 250-home Birdwood Cowaramup are still being prepared and Tao expects that both will be lodged in six to nine months’ time.
Tao said that Everland was also looking at more sites on the East Coast.
“We are currently looking at sites in Victoria and Queensland,” he said.
