VIMG 2026 Gala Night Successfully Concluded

VIMG Hosts 2026 Gala Night in Sydney, Showcasing Strong Momentum for Lancelin South

On 27 February, Australian property developer VIMG hosted its 2026 Annual Gala Night in Sydney, bringing together over one hundred industry partners — including leading real estate agencies, strategic building partners, and key investment clients.

The evening not only celebrated a year of shared success, but also marked the official release of Lancelin South Stage 9, further reinforcing the project’s growing market momentum.

A Coastal Community Defined by Performance and Value

Positioned as a landmark masterplanned coastal community near Perth, Western Australia, Lancelin South will deliver over 6,000 residential lots in its first stage.

Throughout 2025, the project achieved exceptional sales results, with more than 1,000 lots sold — underscoring its strong market appeal and continued demand.

Lancelin South stands out for its accessibility and value. While established homes in Lancelin are now priced from approximately AUD $850,000, Stage 9 land opportunities were released from AUD $249,000, with an average lot size of approximately 454 sqm. Complemented by turnkey house and land packages from strategic building partners, the project offers a compelling entry into Australia’s coastal property market.

Local Insight on Lancelin’s Transformation

During the evening, Caroline Daniel, Principal of Ray White Lancelin, shared her perspective on the evolution of the region.

With deep roots in the local property market, she has witnessed Lancelin’s transformation from a quiet coastal town into one of Western Australia’s increasingly sought-after residential destinations. She expressed strong confidence in the area’s future, supported by population growth, infrastructure investment, and sustained buyer demand.

Strategic Location Backed by Strong Fundamentals

Located just 45 minutes north of Perth, Lancelin South offers a rare combination of coastal lifestyle and accessibility, supported by improving infrastructure and amenities.

Western Australia continues to record the highest population growth rate nationally, with annual growth of approximately 2.2%. This has driven consistent increases in both property values and rental demand across the region.

In Lancelin, both housing and land values have experienced significant growth over the past year, alongside extremely low vacancy rates — reinforcing its appeal as both a lifestyle destination and a long-term investment location.

Delivering Long-Term Value

Looking ahead, VIMG remains committed to expanding its presence across Australia’s property market.

With a clear long-term vision and proven delivery capability, Lancelin South represents a considered approach to masterplanned coastal living. Through close collaboration with partners and stakeholders, VIMG aims to deliver enduring value while contributing to the evolution of Western Australia’s coastal communities.

Perth recorded property price growth of approximately 15.9%, while Western Australia overall saw an increase of 16.1%, making it the fastest-growing market in Australia.

Land values at Lancelin South increased by approximately 37.6% over the past year, reflecting strong demand and early-stage growth potential.

Compared to other regions influenced by major metropolitan markets, Lancelin remains at an earlier stage of development, offering comparatively stronger investment value and future upside.

Western Australia continues to see record population and migration growth, with the highest population growth rate nationally — a key driver underpinning sustained property price increases.

Lancelin benefits from a wide range of nearby coastal attractions, with holiday rental properties achieving up to AUD $900 per night during peak seasons, highlighting strong short-term rental demand.

Lancelin South Stage 9 was released from AUD $249,000, comprising 232 lots, with the broader development planned across up to 30 stages.

Established homes in the Lancelin area are now priced from approximately AUD $850,000, demonstrating a significant price gap between new land opportunities and existing housing.

With a masterplan of over 6,000 residential lots, VIMG is the largest land developer in the Lancelin region.