property
28-Storey Tower Adds 210 Units, Reshapes Roxburgh Park Market
A 28-storey tower approved at the corner of Roxburgh Park Drive and Bridgewater Road will add 210 units and reshape pricing in the suburb's core residential pockets.
How we reported this
Roxburgh Park council signed off on the 28-storey apartment tower at the corner of Roxburgh Park Drive and Bridgewater Road on 9 July 2026, clearing the way for 210 units that will reach completion by late 2028.
The timing lines up with a stretch of stronger buyer interest that began after the opening of the expanded Roxburgh Park Railway Station car park in March, which cut commute times for workers heading into the city centre. Local agents report that listings in the immediate area have moved 18 percent faster than the same period last year.
Effects on Roxburgh Park Shopping Centre and surrounding streets
The project sits two blocks from the Roxburgh Park Shopping Centre and one street back from the Roxburgh Park Primary School oval. Traders at the centre say foot traffic has already ticked up since the plans were lodged in May, with several real-estate offices inside the complex reporting extra inquiries from first-home buyers who previously looked at stock further west along Somerton Road. The tower will also overlook the Roxburgh Park Community Centre, whose weekly open-house sessions have drawn larger crowds in recent months as residents seek information on new supply.
Median apartment prices in Roxburgh Park stood at $612,000 in the June quarter, according to the suburb's most recent sales data released by the local valuation office. The new tower's one-bedroom units are listed from $465,000 and two-bedroom units from $595,000, figures that sit 8 percent below the current median and are expected to anchor price growth near the station precinct through 2027.
Next moves for buyers and sellers
Settlement on the first 80 units is scheduled for September 2028. Prospective buyers should register interest with the developer by 31 August 2026 to secure priority access to floor plans, while existing owners on Bridgewater Road and adjacent streets may want to schedule appraisals now before comparable new stock hits the market.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.