What Azure does

Azure Development Group is a privately held, design-led property developer founded in 2014 and headquartered in Fortitude Valley, Brisbane, with operations across South-East Queensland. The company operates a fully integrated Design-Build-Manage model spanning three divisions: Azure (development of residential communities), Azure Build (in-house construction delivery with 50+ professionals and 1,151+ dwellings delivered), and Azure Living (in-house property management across approximately 120 complexes). Azure's product portfolio includes master-planned residential communities, boutique apartment buildings, terrace home developments, and — more recently — the ARX industrial product line at North Lakes. All residential communities feature the proprietary AClub amenity program, which provides residents with resort-style pools, gyms, saunas, steam rooms, and wellness services.

The company's revenue model combines one-time residential property sales (its primary stream, targeting $1.3B in sales against a $2B+ pipeline) with recurring managed-services revenue through Azure Living. Distribution is sales-led and direct, operating through the azd.com.au website, on-site display homes and sales offices, the PropertyMe-powered tenant and owner portals, and third-party real estate portals including Realestate.com.au and Domain. Pricing is quote-based for sales (e.g., One Earle Lane from $3,750,000) and weekly rental pricing for managed properties (e.g., $725-$870 p/w). Customers span owner-occupiers (first-home buyers, upsizers, downsizers), property investors served through Azure Living, luxury buyers in prestige locations such as Toowong and Brookwater, and SMB tenants of ARX industrial units.

Azure's strategic positioning centres on long-term community stewardship rather than develop-and-exit, with three founding directors — Chris Schroor, John Fewster, and Trent Keirnan — bringing combined experience exceeding 100 years from Springfield Land Corporation, Thiess, and TAK Property Group. The company has received 28 industry awards for design, construction, and innovation, holds Master Builders regional awards across multiple years (2019-2023), and is currently expanding geographically with its first New South Wales project (Hugo's at Casuarina) while diversifying into the industrial vertical via ARX.

Name

Azure

Legal name

Azure Development Group

Website

https://azd.com.au

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Azure Development Group is a privately held, design-led residential property developer in South-East Queensland operating an integrated Design-Build-Manage model across development, construction (Azure Build), and property management (Azure Living), serving owner-occupiers, investors, and luxury buyers with AClub-amenitized communities.

Ownership category

akta.pro rank

Headquarters

HQ city

Newstead

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Residential Property Development & Sales: Azure generates primary revenue through the development and sale of residential terraces, apartments, and townhouses across South-East Queensland. Properties are sold to individual buyers, investors, and families. The company targets $1.3 billion in sales and operates a pipeline in excess of $2 billion.
2. Property Management Services: Azure Living manages approximately 120 residential complexes across South-East Queensland and the Gold Coast, providing caretaking, leasing, facility management, and ongoing community maintenance services to property owners.
3. Construction & Development Services: Azure Build serves as the internal construction arm, delivering Azure's own projects and potentially third-party work. Over 1151 dwellings delivered across South-East Queensland with $230 million in combined project value.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Azure is a design-led property developer and builder in South-East Queensland that develops, constructs, and manages architecturally designed residential terraces, apartments, townhouses, and mixed-use communities. The company operates an integrated Design-Build-Manage model through three divisions: Azure Development (project development), Azure Build (in-house construction), and Azure Living (ongoing property management and caretaking for ~120 complexes). Properties are sold to individual home buyers and investors across the Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and Redland Bay regions.

Product overview

Azure is a design-led property developer in South-East Queensland operating since 2014 with a fully integrated model covering development, construction, and property management. The company offers residential communities across Queensland through multiple product lines including master planned communities (Wellbrook, Ember, Oakmont, Dahlia, Elwood), boutique residential buildings (One Earle Lane, One Five Six, Ancassa Edition), terrace home communities (The Arbory, Saville, Seasons, The Terraces, and various Edition products), and commercial/industrial properties (ARX). The Azure Build division handles construction delivery, while Azure Living provides property management services. AClub serves as a signature amenity program across all communities offering resort-style facilities and wellness services. With 29 residential projects completed and a development pipeline in excess of $2 billion, the company targets $1.3 billion in sales through its design-led approach.

Differentiator

Problem solved

Functional benefit

Products and services

• Azure Build The internal construction arm of Azure, responsible for delivering end-to-end construction services with over 50 construction professionals. Offers design and construct delivery for Azure's own residential projects and has delivered over 1,151 dwellings across South-East Queensland.
• Azure Living Lifestyle-driven property management division that manages approximately 120 residential complexes across East and South Brisbane and the Gold Coast. Provides caretaking, horticultural, facility and asset management, leasing, tenant management, and ongoing community maintenance for owners and tenants.
• AClub Exclusive lifestyle offering within Azure communities that blends recreation, wellness, and community building. Features gymnasiums, steam rooms, saunas, cold plunges, and resort-style pools complemented by services such as yoga, strength training, and community events for residents.
• The Arbory Architecturally designed terrace community in Buderim featuring 205 residences ranging from 1-bedroom to 4-bedroom homes with premium internal finishes and AClub amenities including 25m pool, sauna, steam room, and gym.
• Wellbrook Farmhouse Modernism-inspired residential community in Rothwell featuring 240 three and four-bedroom terraces with AClub amenities including 22m pool, steam room, sauna, and shared workspace. Completion expected Q4 2027.
• Ember Residential community in Augustine Heights featuring 74 residences with 3 and 4 bedroom terraces. AClub amenities include 20m swimming pool and kids splash pool. Completion expected Q4 2026.
• Oakmont Neoclassical architecture residential community in Brookwater featuring 61 terraces with AClub amenities including 20m pool, gym, sauna, and steam room. Located on Brookwater Golf Course frontage.
• One Earle Lane Luxury apartment collection in Toowong featuring bespoke residences with travertine-clad exteriors, Carrara marble benchtops, European Oak timber floors, and AClub amenities including 25m heated lap pool, cinema, and private dining. Priced from $3,750,000.
• Munro Gated community in Bundamba featuring 100 three-bedroom residences with 2.5 bathrooms and 2 car spaces. Completed in August 2025 with AClub amenities including swimming pool and lounging zones.
• ARX by Azure Industrial units in North Lakes offering 33 warehouse units ranging from 80-300 sqm. Architecturally designed with end-of-trip facilities, high-end finishes, and 3-phase power, targeting small to medium businesses. Completed July 2025.
• Dahlia Gated community in Flinders View featuring 129 three-bedroom terraces with AClub amenities including 15m swimming pool and 5m kids splash pool. Under construction with completion expected Q3 2026.
• Elwood Gated community in Mango Hill featuring 68 architecturally designed terraces with 3 and 4 bedroom options. AClub amenities include 20m heated swimming pool and yoga lawn. Completion expected Q1 2026.
• Willow Gated community in North Lakes featuring 76 terrace homes with 3 and 4 bedroom options. AClub amenities include 20m pool and yoga lawn. Completed July 2025.
• One Five Six Boutique residential building in New Farm with 10 elegant residences featuring Vagli Oro stone, natural oak timber veneer, home automation, and AClub amenities including 15.6m heated lap pool and cold plunge.
• Saville

Quantifiable outcome

• Over 1,151 dwellings delivered across South-East Queensland with an average build time of 18 months including civil works
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered major and minor.

• Villawood PropertiesmajorStrategic or Co-development PartnerAzure entered a development collaboration with Villawood Properties for the Dawn Edition project at Helensvale, located within The Surrounds master-planned community. This collaboration combines Azure's design-led approach with Villawood's master-planned community development expertise.
• MSJ AllianceminorImplementation/ SI/ Consulting PartnerMSJ Alliance has worked as a subcontractor with Azure Build on residential construction projects, providing positive testimonials about Azure's open and honest communication, organisational skills, and collaborative approach.
• Aircon Masters Air ConditioningminorImplementation/ SI/ Consulting PartnerAircon Masters has been designing, supplying, and installing air conditioning and mechanical ventilation solutions for Azure residential projects since 2017, including Cornelia, Topia, Dawn, Flora, Mason, Saville, Elwood, and Willow.
• Jam Dev Pty LtdminorImplementation/ SI/ Consulting PartnerJam Dev Pty Ltd, a commercial and residential concreting business, has worked on over 10 large projects with Azure Build since 2019, experiencing growth alongside Azure in a relationship based on hard work and trust.
• SDG Communications & Electrical Pty LtdminorImplementation/ SI/ Consulting PartnerSDG Communications & Electrical has collaborated with Azure on multiple builds, praising Azure's knowledgeable site teams, thorough planning, and genuine commitment to quality workmanship.
• TrussCorpminorImplementation/ SI/ Consulting PartnerTrussCorp, a frame and truss solutions provider, has delivered multiple successful projects with Azure Build, citing Azure's professionalism, clear vision, commitment to quality, and collaborative working relationship as key strengths.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Villawood Properties: Australian residential developer and master-planned community operator; Azure's partner on the Dawn Edition at Helensvale, with overlapping design-led, master-planned community expertise in South-East Queensland and similar customer base of home buyers and investors.
• Peet Limited: ASX-listed Australian land developer and master-planned community creator with strong SEQ presence; competes with Azure for land, design partners, and home-buyer customers across overlapping SEQ submarkets.
• Cedar Woods Properties: Australian residential developer of master-planned communities and medium-density projects with SEQ and east-coast footprint; directly comparable to Azure in product type (terraces, townhouses, apartments), target customer, and design-led positioning.
• AVJennings: Long-standing Australian residential land developer and home builder operating across SEQ and other east-coast markets; comparable to Azure in master-planned community development, integrated build, and customer targeting.
• Metricon Homes: Australia's largest volume home builder with significant SEQ presence; comparable to Azure in residential construction delivery and home-buyer customers, though focused on volume project homes rather than design-led boutique communities.
• Burbank: Australian residential home builder with strong Victorian and Queensland operations; comparable to Azure in terrace and townhouse product, design-led positioning, and direct sales-led GTM model.

Broad incumbents

• Stockland: One of Australia's largest diversified property developers with a major residential master-planned communities business; competes with Azure in SEQ and across Australia and offers a comparable integrated development, construction, and community management proposition at much greater scale.
• Lendlease: Global Australian-headquartered property and infrastructure group with significant residential development operations; comparable to Azure in that it integrates development, construction, and ongoing community stewardship, but at far larger scale and with broader asset classes.
• Mirvac: ASX-listed Australian property developer with a residential house and land business focused on master-planned communities; directly comparable to Azure in target customer (owner-occupiers and investors), design-led positioning, and integrated development model.

Emerging players

• Lifestyle Communities: ASX-listed developer and operator of managed residential communities for downsizers; shares Azure's integrated Design-Build-Manage approach and focus on amenity-rich communities, though focused specifically on the over-50s segment.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AzureDevGroup
• LinkedInlinkedin.com/company/azure-development-group
• Instagraminstagram.com/_azuregroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Azure