Developer Wolfdene has surged past the $300 million mark in property transactions for 2025, buoyed by a rebound in Victoria’s housing market and continued strength across its Western Australian operations.
The diversified property group’s residential division delivered more than $160 million in retail land and townhouse sales from over 500 contracts, reflecting solid consumer demand across its portfolio of managed projects.
Managing Director Michael Goldthorp said the performance underlined the value of Wolfdene’s counter-cyclical strategy.
“Our expansion into WA in 2020 to establish a revenue stream outside the Victorian cycle continues to pay dividends, with Perth’s market conditions showing no signs of slowing,” Goldthorp said.
“Now that Melbourne is beginning to regain momentum, we’re seeing the real benefit of having an established presence in multiple markets.”
The company’s acquisitions and project management arm has also been active, facilitating more than $150 million in englobo land parcel sales across Victoria’s growth corridors – delivering strong outcomes for investors and stakeholders.
With national volumes lifting and confidence returning to the greenfield sector, Wolfdene’s management expects a strong finish to the year, supported by spring sales campaigns and new stage launches across both states.
