Sanctuary Prices Rising 2% | DevelopWise | Perth luxury apartment developer

Following rapid pre-sales success, Sanctuary prices will rise by 2% once construction commences.

The developer, DevelopWise announced that prices for Sanctuary Mount Pleasant apartments will rise by 2% when construction commences.

Sanctuary is NOW 70% SOLD after a surge of sales, meaning that over $30 Million worth of apartments have now been sold.

Sanctuary was also announced as Perth’s Best-Selling Apartment Project Q3 2019 by Urbis Report.

The price rise is due to the following reasons:

1. Very high demand and limited supply. There is nothing quite like the Sanctuary when it comes to it’s beautiful design, large spacious house-sized floor plans and quality of build, which makes Sanctuary a truly unique project that distinguishes it in its own class.

2. Perth property market forecast to increase by 5% in 2020 and around 4% in 2021 as predicted by Domain. As Sanctuary’s estimated completion date is late 2021, this would mean a decent upside to the savvy purchaser looking ahead.

3. Construction is commencing soon which means that Sanctuary’s Free Stamp Duty offer will end as will the 75% Stamp Duty Rebate from the WA Government for pre-construction apartment purchases.

4. To reward existing Sanctuary purchasers who believed in the project and purchased their apartments off-the-plan before construction commenced.

The price rise will happen once construction commences, so if you having been sitting on the fence, NOW is the time to act.

Visit or contact John Woon at 0421 595 481 or [email protected] 


John Woon
0421 595 481
[email protected]