Tasman

Residential Real Estate Developmenttasmangroups.com.au

Tasman is a privately owned, boutique Sydney-based property developer founded in 2014 that delivers premium residential townhouses, apartments, and institutional serviced apartments through direct sales to individual buyers and institutional clients.

Company typePrivate
Founded2014
HeadquartersSydney, Australia
Headcount11–50
GTM typeB2B and B2C
OfferingServices

What Tasman does

Tasman (legally Tasman Group) is a privately owned Australian property developer founded in 2014 and headquartered in Chatswood, Sydney. The company operates as a boutique developer delivering premium residential and institutional property projects across Sydney's priority precincts and growth corridors, with a portfolio spanning at least 12 completed or active projects — including townhouses (The Rise, Twenty 8 Eastwood, Sixty.1, Gordon Lux, Beaumont, 59 NorVista), apartments (Encore, Xanadu, London Sky, The Milieu – Willoughby, JUNIPER EPPING), and institutional serviced apartments (Burwood Serviced Apartment) — and a stated cumulative development portfolio value exceeding AUD 700 million. Service coverage spans the full development lifecycle: project acquisition, design and planning, sales and marketing, construction management, and asset management.

Tasman generates revenue on a transaction-based model through one-off sales of completed developments. Its go-to-market is sales-led and direct, with an internal sales and marketing team selling to two primary segments: individual residential buyers and institutional clients. Distribution is principally through direct engagement in Australia, supplemented by a digital presence (corporate website, Instagram, Facebook) for brand and project awareness. Pricing is quote-based and varies by project, location, and property type, with no publicly disclosed rates.

Tasman is led by founder Eric Zhang and operates with a headcount of 11-50 employees, consistent with a boutique developer model. No external funding rounds, parent entities, subsidiaries, partnerships, patents, regulatory actions, or M&A activity are disclosed. The company markets itself on rigorous construction standards, sustainable and durable specifications, and disciplined governance and handover processes under the positioning 'Quality Derives from Excellence.' It is classified as a low-complexity, non-technology property development business with no disclosed AI, software, or platform components.

Tasman firmographics

Firmographics

Name: Tasman
Legal name: Tasman Group
Website: https://tasmangroups.com.au
Company type: Private
Founded year: 2014
Operating status: Operating
Headcount range: 11–50 employees
Short description: Tasman is a privately owned, boutique Sydney-based property developer founded in 2014 that delivers premium residential townhouses, apartments, and institutional serviced apartments through direct sales to individual buyers and institutional clients.
Ownership category
akta.pro rank

Where Tasman is headquartered

Location

Headquarters

HQ city: Sydney
HQ country: Australia
HQ region: Oceania

Offices1 record

Markets served

Tasman business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

Property Development and Sales: Tasman generates revenue through the development and sale of premium residential and institutional properties. Revenue is transaction-based, derived from the sale of completed development projects including townhouses, apartments, and serviced apartments in Sydney's priority precincts.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Tasman product offering

Product offering

Core offering

Tasman is a privately owned Australian property developer specializing in premium residential and institutional property development across Sydney. The company manages the full development lifecycle, from project acquisition and design planning through construction management, sales and marketing, and ongoing asset management, with a portfolio exceeding $700 million AUD.

Product overview

Tasman is a privately owned Australian property developer that operates as a single-segment business focused on premium residential and institutional property development. The company's portfolio consists of distinct property projects across Sydney's priority precincts and growth areas, including townhouse developments (The Rise, Twenty 8 Eastwood, Sixty.1, Gordon Lux, Beaumont, 59 NorVista), apartment projects (Encore, Xanadu, London Sky, JUNIPER EPPING), and institutional developments (Burwood Serviced Apartment). Tasman does not offer a unified software platform or technology products; rather, it delivers completed property projects through services encompassing project acquisition, design & planning, sales & marketing, construction management, and asset management.

Differentiator

Problem solved

Functional benefit

Products and services

Premium Residential Developments A portfolio of premium townhouse and apartment developments across Sydney targeting individual residential buyers and owner-occupiers seeking high-quality homes.
Institutional Property Developments Large-scale institutional developments, including serviced apartment projects such as the Burwood Serviced Apartment, developed for institutional clients and investors.
Burwood Serviced Apartment A specific serviced apartment development located in Burwood, Sydney, built to institutional standards for institutional ownership and operation.

Companies that use Tasman

Customer profile

Segments2 records

Ideal customer profiles2 records

Tasman technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Tasman partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Tasman competitors and assessment

Company assessment

Broad incumbents

Lendlease: Global real estate and construction group with a significant Australian residential and masterplanned community business. Comparable to Tasman in Australian residential development but at much larger scale and broader geographic footprint.
Mirvac: Large ASX-listed Australian property group with residential, commercial, and retail development across Sydney. Comparable to Tasman as a Sydney residential developer but at materially larger scale and broader portfolio.
Stockland: ASX-listed Australian property developer with residential communities and apartment projects in Sydney. Comparable to Tasman in residential Sydney development but at meaningfully larger scale and with broader product diversification.

Direct peers

Grocon: Australian property developer with significant Sydney residential and mixed-use history. Comparable to Tasman in Sydney premium development focus, though Grocon has historically skewed toward larger commercial and mixed-use assets.
Crown Group: Sydney-based residential property developer with a portfolio of premium apartment and mixed-use projects. Highly comparable to Tasman in geographic focus (Sydney), product type (premium apartments), and boutique-brand positioning.
Meriton: Australia's largest residential apartment developer, headquartered in Sydney. Directly comparable to Tasman as a Sydney-focused residential developer building premium apartments and townhouses in similar growth corridors.
Deicorp: Sydney residential developer focused on apartments and townhouses in metropolitan Sydney growth areas. Comparable to Tasman in targeting Sydney's priority precincts and delivering mid-to-premium density residential product.
Sekisui House Australia: Australian arm of Japan's largest homebuilder, focused on residential and masterplanned developments in Sydney and other east-coast markets. Comparable to Tasman in Sydney residential development focus with a quality-conscious brand.
Toga Group: Australian boutique property developer operating across residential, commercial, and hotel developments. Comparable to Tasman as a mid-sized private Australian developer with a multi-segment project portfolio.
Poly Australia: Australian subsidiary of a global real estate group, focused on premium residential apartments in Sydney and Melbourne. Comparable to Tasman in Sydney premium apartment development and Chinese-Australian ownership structure.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Tasman financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Tasman leadership team

Management profile

Number of profiles

Profiles1 record

Tasman funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Tasman M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Tasman

What does Tasman do?

Is Tasman a public or private company?

Tasman is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Tasman founded?

Tasman was founded in 2014. It employs 11 to 50 people.

Where is Tasman based?

Tasman is headquartered in Sydney, Australia, in the Oceania region.

How does Tasman make money?

One revenue line is on record: property Development and Sales.

Who are Tasman's main competitors?

Broad incumbents on record are Lendlease, Mirvac and Stockland. Direct peers are Grocon, Crown Group, Meriton, Deicorp, Sekisui House Australia, Toga Group and Poly Australia.

Does Tasman have an API?

No public API is recorded for Tasman.