Veue Grand achieves $65 million in sales including a record-breaking penthouse
31 March 2025
Strong sales momentum continues in Sekisui House Australia’s The Orchards masterplanned community in Norwest with the launch of Veue Grand (final release in Stage 4), generating sales exceeding $65 million.
Over 55 apartments were secured at the launch including a record-breaking four-bedroom penthouse sale worth over $4 million, the highest on record for both The Orchards and broader Norwest area.
With prices starting from $630,000, buyers came from a wide geographical reach including locals in Norwest, up to the northern beaches in Dee Why, across to Coogee in the east and as far south-west as Picton.
More than 180 people attended the public launch to secure a luxury nature-inspired apartment.
David Lee, Sales Manager, Apartments & Mixed-Use Developments at Sekisui House Australia said, “Veue Grand has had one of the most successful launches in The Orchards to date. We have witnessed strong demand across all apartment types, with two-bedroom residences emerging as the most popular choice, accounting for more than 50% of all sales.
“We are very proud to also have achieved a record sale for a four-bedroom penthouse, which speaks volumes about both the quality of the product and confidence buyers have in the brand.”
Nearly 25% of all sales came from the newly introduced two-bedroom, one-bathroom layouts, an efficient and affordable entry point aimed at first home buyers.
“The introduction of this new apartment type has been well received. It is proving to be a smart option for buyers who wish to enter the market without compromising on location or quality,” David said.
First home buyers and investors from across Sydney made up a significant portion of the buyer demographic. In contrast, larger residences and penthouses attracted strong interest from downsizers, many of whom already live within a 10km radius of Norwest.
Project manager Callum (29) and teacher Mikaela (28) bought a two bed, two bath in Veue Grand. Callum comments, “We both grew up in The Hills district and know the area very well. Sekisui House has a strong brand in the area too and is known for building quality projects. The lower ground floor design with a terrace overlooking the landscape was perfect for us. We are both very active and also like the area’s close proximity to park life.
“Norwest is witnessing incredible growth, and we wanted to be part of the transformation and capital growth opportunities it presents. Family and friends also live in the area too, so it made sense to purchase close to them as well.”
According to David, the recent interest rate reduction also played a role, “We did see an uptick from first home buyers and investors following the rate drop, although downsizers, who tend to be less rate-sensitive, were key in securing the premium stock.”
Veue Grand's extensive amenities including an indoor swimming pool, gymnasium and communal function centre, alongside expansive green spaces and access to the newly completed Sydney Metro Northwest line, were purchasing drivers.
“Many sales came from repeat clients or through word-of-mouth referrals, which is a testament to trust in the global brand. The sales result further cements The Orchards position as one of Sydney’s most compelling residential offerings,” he added.
“With direct Metro access now taking residents from Norwest to Martin Place in under 45 minutes, The Orchards ticks all the boxes, location, liveability and long-term growth potential.”
Construction of Veue Grand is well underway and tracking ahead of schedule, with completion anticipated in late 2026. Buyers can invest with confidence, knowing the builder has been appointed and the build well underway.
Veue Grand designed by Crone Architects, comprises 217 luxury residences across two striking buildings standing at 11 and 18 levels. It is located at 15 – 19 Spurway Drive, Norwest.