The Point Sells Out: Redefining Apartment Living in the Springs Precinct

The Point has officially sold out, marking a significant milestone for the Springs Precinct and the Perth apartment market. This development introduced a new standard for residential living in the area, blending resort-style amenities with a vibrant ground-floor commercial hub. The success of The Point reflects the growing demand for well-designed, mid-tier apartments in a convenient location.

Setting a New Standard in the Springs Precinct

The Point delivered 167 residential apartments that stand out for their quality and thoughtful design. Residents enjoy access to resort-style facilities, creating a lifestyle that balances comfort and convenience. The development also features nine commercial tenancies on the ground floor, adding everyday amenities and services within easy reach.

Public art installations enhance the communal spaces, making The Point not just a place to live but a destination that welcomes both residents and visitors. This combination of residential, commercial, and cultural elements creates a vibrant entry statement into the Springs Precinct, an area that previously lacked this level of everyday convenience.

Finbar’s Commitment to Rivervale’s Growth

The Point is one of four developments Finbar has completed in the Springs Precinct, demonstrating the company’s long-term dedication to the area’s evolution. Finbar CEO Ronald Chan highlighted that the strong sales performance of The Point confirms the demand for mid-tier apartment living in Perth.

Chan noted that the success of The Point sets the stage for upcoming projects, including Riverbank Residences, scheduled for completion in mid-2027. This next development is already nearly sold out, showing continued confidence in the precinct’s appeal.

Collaboration Behind The Point’s Success

The creation and fruition of this sold-out development involved close collaboration with our long-term partners, Hanssen Construction and Chang Architects.

The buyers who chose The Point played a crucial role in reaching this milestone. Their trust in the development reflects a desire for homes that offer both lifestyle benefits and practical convenience in a growing urban area.

What This Means for Apartment Living in Perth

The Point’s success signals a shift in Perth’s residential market, where demand for well-located, high-quality apartments continues to rise. Developments like The Point provide an alternative to traditional housing, appealing to professionals and families seeking a balanced urban lifestyle.

By integrating amenities, commercial spaces, and public art, The Point offers more than just a home. It creates a community hub that supports daily life and encourages social interaction.

Looking Ahead

With The Point sold out, attention turns to upcoming projects that will continue to shape the Springs Precinct. Riverbank Residences (pictured below) promises to build on this momentum, offering new opportunities for residents to enjoy the benefits of this evolving neighbourhood.