Zetland Topping Out Ceremony Marks Milestone for NSW Housing Supply
25 June 2025
Zetland
Sydney’s demand for new housing stock received a boost with today’s topping-out ceremony at Zetland’s residential development, developed by Aware Super and Barings.
The milestone was commemorated on-site with a ceremony attended by the Honourable Rose Jackson, NSW Minister for Housing, and senior representatives from Aware Super, its development partner, Barings, and builder Binah.
The Zetland project, located at 890–898 Bourke Street, will deliver 135 high-quality build-to-rent apartments, including a mix of one-, two- and three-bedroom homes. The $80 million development is due for completion in February 2026 and will feature a range of resident amenities including a gym, co-working space, rooftop barbecue area, and communal lounge.
Aware Super Chief Investment Officer Damian Graham said: “This project is a tangible example of how we’re putting our members’ investments to work in ways that look to deliver strong, long-term returns while also addressing Australia’s housing supply challenge.
“Zetland is one of several developments in our growing residential portfolio, and we’re proud to be investing in communities where people want to live, close to jobs, transport and essential services.”
The Zetland development is part of Aware Super’s broader $1.5 billion commitment to residential property, with more than 2,500 apartments either operational or in the pipeline across key urban locations nationally.
Other Sydney developments currently underway include the Showgrounds at Castlehill, Mastery at Waterloo, and Bankstown Compass.
Barings Head of Asia Pacific Real Estate Alastair Wright added: “We’ve been working with Aware Super for over a decade and are proud of the deep collaborative relationship we’ve built. At Zetland, we’re excited to support the delivery of quality BTR apartments and to be part of the solution to Australia’s housing supply needs.”
Binah Co-founder and Managing Director Khalil Hafza said: “ At Binah, quality is more than a standard — it’s a sign of our respect for the communities we help shape and the partnerships we nurture along the way. The Olive Tree in Zetland is a testament to this commitment. It reflects our deep roots, our shared vision with trusted partners, and our dedication to creating enduring, meaningful places to live.”
The Honourable Rose Jackson, NSW Minister for Housing, said: “Projects like Zetland are exactly what we need to address the housing shortage and provide more options for workers. It’s encouraging to see super funds and government working together to deliver high-quality, well-located homes that meet the needs of our growing population.”
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