Coronation Property
Coronation Property is a Sydney-based vertically integrated property developer specializing in mixed-use precincts, build-to-rent communities operated through its Nation platform, and build-to-sell residential projects. Founded in 2011, it manages a $7.6 billion pipeline of 10,000+ homes across Western Sydney, the Inner West, and the North Shore, serving individual buyers, renters, and curated retail tenants.
- Company typePrivate
- Founded2011
- HeadquartersSurry Hills, Australia
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Coronation Property does
Coronation Property is a Sydney-based, vertically integrated property developer and constructor founded in 2011 by Joseph Nahas. The company operates across five practice areas — development, construction, build-to-rent (through its Nation operating platform), build-to-sell residential, and retail and placemaking — with a $7.6 billion development pipeline spanning 10,000+ homes across Western Sydney, the Inner West, and the Lower and Upper North Shore. Its portfolio is concentrated in precinct-scale mixed-use developments such as Mason & Main (849 residences, 9,000 sqm Eat Street retail), The Paper Mill Precinct in Liverpool ($500M end-value), 8 Phillip Street Parramatta (a 65-storey tower combining 481 apartments with QT Parramatta hotel), Erskineville Village (1,075+ BTR plus build-to-sell residences), and the Waterloo BTR precinct.
The company's core technology is its vertically integrated development-to-operations model, in which Coronation acquires land, designs in collaboration with architecture partners (Woods Bagot, SJB, Bates Smart, BVN, Andrew Burns Architecture), constructs using in-house capability and modular/prefabricated methods, and — uniquely for an Australian developer at this scale — retains build-to-rent assets for long-term operation through the Nation platform with on-site teams, concierge services, and curated amenity programming. The Nation platform functions as the proprietary operating layer for BTR communities including Mason & Main, Erskineville Village, Nation St Leonards, Precinct 75 St Peters, and the Waterloo precinct.
Coronation generates revenue through three streams: (1) one-time build-to-sell settlements of apartments, terraces, and penthouses to individual buyers and investors, with pricing currently promoted via settlement adjustments across Mason & Main, Lillian Residences, and Ashbury Terraces; (2) recurring build-to-rent rental income from Nation-operated communities; and (3) recurring retail and commercial leasing income from curated tenancy mixes within precincts. The company distributes via direct project sales offices, the Nation self-serve rental platform, retail tenancy leasing, and real estate agent partnerships. The company is privately held, founder-controlled, headquartered in Surry Hills NSW, and recognized as Australia's largest build-to-rent developer with #2 NSW and #9 Australia rankings in the HIA Housing 100.
Coronation Property firmographics
Firmographics- Name
- Coronation Property
- Legal name
- Coronation Property Co. Pty. Ltd
- Website
- https://coronation.com.au
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Coronation Property is a Sydney-based vertically integrated property developer specializing in mixed-use precincts, build-to-rent communities operated through its Nation platform, and build-to-sell residential projects. Founded in 2011, it manages a $7.6 billion pipeline of 10,000+ homes across Western Sydney, the Inner West, and the North Shore, serving individual buyers, renters, and curated retail tenants.
- Ownership category
- akta.pro rank
Coronation Property industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116), Land Subdivision (2372), Commercial and Institutional Building Construction (236220)
- SIC
- Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Coronation Property is headquartered
LocationHeadquarters
- HQ city
- Surry Hills
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Coronation Property business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Build-to-Sell Residential Sales: Revenue generated from the sale of residential apartments, terraces, and penthouses across Sydney development projects. Properties are sold to owner-occupiers and investors with settlement adjustments and promotional offers used as incentives.
- Build-to-Rent Rental Income (Nation): Long-term rental income from professionally managed build-to-rent communities operated through the Nation platform. Revenue includes apartment rentals and amenity/service charges. Properties are retained as long-term rental assets.
- Retail and Commercial Leasing: Rental income from curated retail and commercial tenants within mixed-use precincts. Includes food and beverage, wellness, services, and convenience operators across precinct destinations like Eat Street, The Paper Mill Food, and Precinct 75.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | One time/ perpetual license | Mason & Main Settlement Adjustment Offer |
| Transaction based/ take rate | One time/ perpetual license | Lillian Residences Limited Time Private Offer |
| Transaction based/ take rate | One time/ perpetual license | Ashbury Terraces Exclusive Offer |
| Unit Pricing | One time/ perpetual license | Mason & Main Stage Two Apartments |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Coronation Property product offering
Product offeringCore offering
Coronation Property is a Sydney-based property developer that acquires land and delivers design-led mixed-use precincts spanning residential, retail, and community amenities. The company operates a vertically integrated model covering development, in-house construction, build-to-sell residential sales, and long-term build-to-rent communities operated under its Nation platform. Its $7.6 billion pipeline spans Sydney's Inner West, Western Sydney, North Shore, and Lower North Shore.
Product overview
Coronation Property is a Sydney-based property developer operating a multi-platform portfolio spanning build-to-rent, build-to-sell, and mixed-use precinct developments. The core platform is Nation, the company's dedicated build-to-rent operating brand that manages long-term rental communities with integrated amenity and retail. Alongside Nation, the portfolio includes discrete residential projects across Sydney's Inner West (Ashbury Terraces, Lillian Residences, Erskineville Village), Western Sydney (Mason & Main in Merrylands, The Paper Mill in Liverpool, 8 Phillip Street in Parramatta), Lower North Shore (Nation St. Leonards), and Upper North Shore (Archer & Albert in Chatswood). The company also operates Coronation Core, its social impact initiative. Projects range from boutique terrace developments (136 residences) to large-scale mixed-use precincts (849 residences with 9,000 sqm retail).
Differentiator
Problem solved
Functional benefit
Products and services
- Nation Build-to-Rent Platform Vertically integrated build-to-rent operating brand that owns, operates, and manages long-term rental communities across Sydney. Provides professionally managed rental apartments with integrated amenities, on-site service teams, and curated retail precincts for residents.
- 8 Phillip Street, Parramatta
Quantifiable outcome
- 161% year-on-year growth making Coronation the 'Biggest Mover' nationally in HIA Housing 100 rankings
- +2 more outcomes
Companies that use Coronation Property
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Coronation Property technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Coronation Property partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- IWG (Regus)coreGlobal workspace operator committing approximately 1,244sqm co-working centre at Precinct 75 St Peters, accommodating more than 220 workers. Represents shift toward flexible, decentralised work environments closer to where people live.
- One PlaygroundcoreWellness brand expanding into Precinct 75 with approximately 850sqm rooftop wellness and recovery destination featuring yoga/pilates studios and sauna/hot and cold therapy facilities. Already operating at Mason & Main Merrylands.
- TIACS (This Is A Conversation Starter)minorMental health support partnership providing free, confidential mental health support for Coronation's teams and Nation communities. TIACS provides direct access to qualified mental health professionals for tradies, construction workers, and blue-collar workers.
- Kalani MarraminorSponsorship through Coronation Core Pushing Boundaries initiative supporting Australian professional boxer ahead of WBC title fight, championing resilience and community values.
- QT Hotels & ResortscoreStrategic partnership with QT Hotels & Resorts for integrated five-star hotel and residential development at 8 Phillip Street Parramatta. QT Parramatta occupies levels 1-17 of the 65-storey tower, marking Parramatta's first five-star hotel with 265 suites, destination restaurant, 300-seat ballroom, wellness spaces, and infinity pool.
- Woods BagotcoreArchitecture partner for major projects including 8 Phillip Street Parramatta, Mason & Main Merrylands, The Paper Mill Precinct, and The Gild. Woods Bagot has been a decade-long collaborative partner with Coronation on city-shaping developments.
- SJB ArchitectscoreArchitecture partner for Ashbury Terraces, The Foundry, and Erskineville Village precinct. Led by Adam Haddow, SJB has delivered award-winning residential projects that balance heritage sensitivity with contemporary design.
- Head Start HomesminorPartnership through Coronation Core supporting pathways to home ownership. Head Start Homes provides free empowerment services to help renters build financial capability, save for deposits, and navigate the property market.
- Youth Off The StreetsminorCoronation Core partnership creating The Core Pathway, supporting young people through workplace exposure, mentoring, and practical skills development.
- Habitat for HumanityminorSocial impact partnership with volunteering programs including days at St Vincent's De Paul Matthew Talbot Men's Hostel.
- Inner West Magpies Junior AFL ClubminorInvestment in Sydney's Inner West through sponsorship of local sports club, supporting community connection and wellbeing.
- TradeMuttminorPartnership alongside TIACS offering hi-vis workwear designed to spark conversations on mental health in the construction industry.
- EVT GroupcoreParent company of QT Hotels & Resorts, partnering with Coronation on the 8 Phillip Street development to deliver QT Parramatta hotel.
- Andrew Burns ArchitecturecoreArchitecture partner for The Erskineville Village mixed-use precinct, contributing to masterplan design alongside Bates Smart, BVN, Silvester Fuller, and Urbis.
- Bates SmartcoreArchitecture partner for The Erskineville Village mixed-use precinct, designing distinct precinct components in collaboration with Andrew Burns Architecture, BVN, Silvester Fuller, and Urbis.
- BVNcoreArchitecture partner for The Erskineville Village mixed-use precinct, contributing to integrated urban framework design.
- Turf Design StudiocoreLandscape architecture partner for The Erskineville Village and Lillian Residences, delivering public open space and McPherson Park integration.
- Silvester FullercoreArchitecture partner for Lillian build-to-sell component of The Erskineville Village, delivering 138 apartments, terraces, and penthouses.
- 360 Degrees Landscape ArchitecturecoreLandscape architecture partner for Ashbury Terraces and Mason & Main precinct, delivering award-winning communal spaces and streetscape design.
- MCM HousecoreFurniture partner for Nation build-to-rent communities, providing custom-designed pieces scaled specifically for apartment living across Charlie Parker and Mason & Main.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
Coronation Property competitors and assessment
Company assessmentBroad incumbents
- Mirvac: Mirvac is an ASX-listed Australian property group with Sydney-focused residential build-to-sell and a growing build-to-rent portfolio (e.g., Aspect, Pavilions). Comparable in build-to-rent and mixed-use execution across Sydney growth corridors.
- Lendlease: Lendlease is a major ASX-listed Australian developer with residential apartments, build-to-rent (e.g., Victoria Cross at North Sydney), and large-scale mixed-use precincts. Comparable in precinct-scale ambition and integrated design-led approach, though much larger and globally diversified.
- Multiplex (Brookfield): Multiplex, owned by Brookfield, is one of Australia's largest construction and development firms delivering residential towers and mixed-use precincts (e.g., Greenland Centre Sydney). Comparable in large-scale Sydney construction and development execution.
- Stockland: Stockland is an ASX-listed Australian residential developer with masterplanned communities and apartments across Sydney. Overlapping build-to-sell and mixed-use residential product, though more diversified nationally with no BTR focus.
- Frasers Property Australia: Frasers Property (Australand) is a Singapore-listed multinational developer with a sizeable Sydney residential and build-to-rent pipeline. Comparable in BTR ambition and mixed-use product, though diversified across Asia-Pacific.
Direct peers
- Cbus Property: Cbus Property is one of Australia's most active build-to-rent and mixed-use developers, with significant Sydney precinct exposure and a vertically integrated development model. Direct competitor to Coronation's Nation BTR platform and build-to-sell residential business.
- Grocon: Grocon is an Australian developer of large residential and mixed-use developments (e.g., Toplace in Parramatta). Comparable in Sydney high-rise residential and mixed-use product, though focused on build-to-sell.
- Salta Properties: Salta Properties is a Sydney-focused residential and mixed-use developer active in high-rise apartments and precincts (e.g., Sydney Olympic Park). Comparable in product type, geography, and build-to-rent/build-to-sell mix.
- Deicorp: Deicorp is a NSW-focused apartment and mixed-use developer active in Sydney's growth corridors (e.g., Parramatta, Waterloo). Direct regional competitor in Sydney build-to-sell apartments and adjacent BTR projects.
- Meriton Apartments: Meriton is Australia's largest apartment builder, focused on high-rise Sydney residential developments sold off-the-plan. Direct competitor in the build-to-sell Sydney apartment market where Coronation competes for buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Coronation Property social profiles
Digital presenceCoronation Property financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coronation Property leadership team
Management profileNumber of profiles
Profiles8 records
Coronation Property subsidiaries and ownership
Company hierarchySubsidiaries2 records
Coronation Property funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coronation Property M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coronation Property
What does Coronation Property do?
Coronation Property is a Sydney-based property developer that acquires land and delivers design-led mixed-use precincts spanning residential, retail, and community amenities. The company operates a vertically integrated model covering development, in-house construction, build-to-sell residential sales, and long-term build-to-rent communities operated under its Nation platform. Its $7.6 billion pipeline spans Sydney's Inner West, Western Sydney, North Shore, and Lower North Shore.
Is Coronation Property a public or private company?
Coronation Property is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Coronation Property founded?
Coronation Property was founded in 2011. It employs 11 to 50 people.
Where is Coronation Property based?
Coronation Property is headquartered in Surry Hills, Australia, in the Oceania region.
How does Coronation Property make money?
Three revenue lines are on record. Build-to-Sell Residential Sales are the primary driver. The others are build-to-Rent Rental Income (Nation) and retail and Commercial Leasing.
Who are Coronation Property's main competitors?
Broad incumbents on record are Mirvac, Lendlease, Multiplex (Brookfield), Stockland and Frasers Property Australia. Direct peers are Cbus Property, Grocon, Salta Properties, Deicorp and Meriton Apartments.
Does Coronation Property have an API?
No public API is recorded for Coronation Property.
What industry is Coronation Property in?
Coronation Property's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 1531.