In a significant boost for Perth's education sector, a towering $193 million student accommodation project in Waterford has reached a major construction milestone that signals the beginning of the final push toward completion.
Game-Changer for Student Living
The massive development by Yugo Australia, formerly known as Campus Living Villages, will deliver 916 much-needed student beds across a 25-storey purpose-built facility. The project's recent 'topping out' ceremony marks the completion of the structural framework, allowing interior fit-out work to commence in earnest.
This landmark development represents one of the largest dedicated student accommodation projects currently underway in Western Australia, addressing critical housing shortages for both domestic and international students flocking to Perth's universities.
Strategic Location with Premium Amenities
Strategically positioned in the heart of Waterford, the accommodation tower will offer students unprecedented access to educational institutions, public transport, and urban amenities. The development promises to redefine student living standards with:
- Modern, fully-furnished studio apartments and shared units
- State-of-the-art communal study spaces and collaboration areas
- Recreational facilities including gyms and social lounges
- Secure 24/7 access and on-site professional management
- Dedicated support services for international students
Addressing Perth's Student Housing Crisis
The timing couldn't be more crucial as Perth's universities continue to experience strong enrolment growth, particularly from international students returning post-pandemic. The Yugo development will significantly ease pressure on the city's tight rental market, where students often compete with local residents for limited affordable housing options.
Construction is progressing on schedule, with the project expected to welcome its first residents in time for the 2025 academic year. The development not only represents a substantial private investment in education infrastructure but also promises to generate ongoing economic benefits through construction jobs and increased student spending in the local economy.
This project underscores the growing recognition of purpose-built student accommodation as essential infrastructure for cities aspiring to be world-class education destinations.
