DEVELOPMENT

Homecorp’s sold-out $250 Million CIENNA VARSITY RIDGE Stage two named HIGHEST-SELLING project in Australia

Ocean Road Magazine

// January 13, 2026

WORDS: Ocean Road Editorial Staff PHOTOGRAPHY Supplied

In a result shaking up the national property scene, leading Australian developer Homecorp has officially sold-out Stage Two of its $250 million Cienna Varsity Ridge, as it is crowned the top selling project in Australia over the June (Q3) 2025 quarter.

Released in the latest Urbis Gold Coast Apartment Essentials report for Q3 2025, Cienna Varsity Ridge has claimed the number one position on the Gold Coast and nationwide, outperforming over 161 projects surveyed across Sydney, Melbourne, Perth, Brisbane and the Gold Coast.

The landmark release of 289 apartments hit the market in June 2025 and was met with swift demand, as buyers moved quickly to secure their slice of attainable, elevated living in one of the Gold Coast’s most sought after residential precincts.

The project struck a chord with discerning buyers seeking a low maintenance but luxe lifestyle at an accessible price point, with over 40% snapped up in its first weekend on the market.

“Cienna Varsity Ridge is a place for everyone. Whether you are moving out of home for the first time, investing for the future, or looking to downsize, it offers more than just a home – it is a community and a gateway to a new chapter. Here, families can grow, residents can shape their own futures, and everyone has a place to belong, no matter what stage of life they are at,” said Ron Bakir, CEO and Founder of Homecorp.

Residents will enjoy a range of premium amenities including a resort-style pool deck with a sauna, a sleek modern fitness centre, dedicated games rooms for both children and adults complete with arcade games and a pool table, a private dog park, a residents-only lounge and dining room, and co-working office spaces designed for flexibility and connection.

At the pinnacle, a private rooftop BBQ oasis awaits, wrapped in lush greenery offering sweeping views of the Surfers Paradise coastline and the iconic Gold Coast hinterland.

Stage Two is currently under construction and due for completion in early 2027, and will boast a collection of architecturally designed one, two and three-bedroom apartments across two striking 12 and 14-storey towers.

“Cienna Varsity Ridge represents a rare opportunity on the Gold Coast to enjoy a truly connected lifestyle, with access to everything residents need just moments from their doorstep. Its combination of location, design and value is increasingly hard to find in today’s market. These spaces are designed to endure, supporting residents’ lives for decades and creating a true legacy that can be cherished and passed down through generations,” concluded Mr Bakir.

About Homecorp

Homecorp is a leading Australian developer and home builder with over 20 years of experience constructing homes from the Capricorn Coast to South Australia. Owned by Prime Life Technologies, a Toyota and Panasonic company, Homecorp is dedicated to shaping communities and enhancing the standard of living across Australia, adding value to people’s lives. Our commitment to quality and innovation drives us to deliver a diverse range of residential options, from land estates to custom builds and multi-residential projects, fuelling our vision to develop inspiring communities of the future where people belong. With a shared passion for people, community, and continuous improvement, our collective expertise ensures exceptional outcomes in the property development and construction industry.