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Major East Lismore Build-to-Rent Project Reaches Construction Milestone - Lismore, NSW
Smart summary
A first-of-its-kind Lismore development has reached a major construction milestone, with 50 new rental apartments expected to be completed from late 2026 into early 2027.
A major new housing development in East Lismore has reached an important construction milestone, with the Build-to-Rent project on Crawford and Military Road now topped out. The development is expected to provide 50 new one-, two- and three-bedroom apartments, creating additional rental housing in the Northern Rivers city.
The project is being delivered by Landcom, the NSW Government's development agency, and represents a significant addition to Lismore's housing supply. Construction has progressed rapidly, with major building works expected to be completed by the end of 2026, subject to weather and construction conditions. Final finishing works are expected to continue into early 2027.
The development is particularly significant because it introduces a Build-to-Rent model to Lismore. Rather than apartments being individually sold to private owners, the homes are designed to remain within a professionally managed rental development. This approach is intended to provide longer-term rental options while adding more housing to the local market.
Of the 50 apartments planned for the East Lismore site, 20 per cent will be reserved as affordable rental housing. These homes are intended for people on low-to-moderate incomes, providing an additional housing option for residents who may face difficulties finding suitable and affordable accommodation in the private rental market.
The project comes as housing availability and affordability remain important issues for regional communities across New South Wales. Lismore has experienced significant changes in its housing market in recent years, increasing the importance of new developments that can provide a range of rental options.
The construction milestone means the project is moving closer to the point where residents will be able to move into the new apartments. Once construction and finishing works are complete, the development will provide modern rental accommodation in East Lismore and contribute to the city's broader housing recovery and growth.
The location is also expected to make the apartments attractive to residents who want to remain connected to Lismore's existing services, employment opportunities and community facilities. Providing a mix of one-, two- and three-bedroom homes means the development can potentially accommodate different household sizes, from individuals and couples through to families.
For Lismore, the project represents more than just another construction site. It is part of a broader effort to increase housing supply and create additional rental choices in a regional community where demand for suitable accommodation remains important.
With the building now topped out, attention will shift toward completing the remaining construction and internal finishing work. If the current schedule remains on track, major works should be completed later this year, followed by final preparations in early 2027.
The East Lismore development is therefore entering its final stages and could soon provide dozens of new homes for people looking to rent in the area. The milestone also signals continued investment in Lismore's future housing needs and demonstrates the growing use of alternative housing models outside Sydney and other major metropolitan centres.
HousingLismoreConstructionDevelopmentRental
A major new housing development in East Lismore has reached an important construction milestone, with the Build-to-Rent project on Crawford and Military Road now topped out. The development is expected to provide 50 new one-, two- and three-bedroom apartments, creating additional rental housing in the Northern Rivers city.
The project is being delivered by Landcom, the NSW Government's development agency, and represents a significant addition to Lismore's housing supply. Construction has progressed rapidly, with major building works expected to be completed by the end of 2026, subject to weather and construction conditions. Final finishing works are expected to continue into early 2027.
The development is particularly significant because it introduces a Build-to-Rent model to Lismore. Rather than apartments being individually sold to private owners, the homes are designed to remain within a professionally managed rental development. This approach is intended to provide longer-term rental options while adding more housing to the local market.
Of the 50 apartments planned for the East Lismore site, 20 per cent will be reserved as affordable rental housing. These homes are intended for people on low-to-moderate incomes, providing an additional housing option for residents who may face difficulties finding suitable and affordable accommodation in the private rental market.
The project comes as housing availability and affordability remain important issues for regional communities across New South Wales. Lismore has experienced significant changes in its housing market in recent years, increasing the importance of new developments that can provide a range of rental options.
The construction milestone means the project is moving closer to the point where residents will be able to move into the new apartments. Once construction and finishing works are complete, the development will provide modern rental accommodation in East Lismore and contribute to the city's broader housing recovery and growth.
The location is also expected to make the apartments attractive to residents who want to remain connected to Lismore's existing services, employment opportunities and community facilities. Providing a mix of one-, two- and three-bedroom homes means the development can potentially accommodate different household sizes, from individuals and couples through to families.
For Lismore, the project represents more than just another construction site. It is part of a broader effort to increase housing supply and create additional rental choices in a regional community where demand for suitable accommodation remains important.
With the building now topped out, attention will shift toward completing the remaining construction and internal finishing work. If the current schedule remains on track, major works should be completed later this year, followed by final preparations in early 2027.
The East Lismore development is therefore entering its final stages and could soon provide dozens of new homes for people looking to rent in the area. The milestone also signals continued investment in Lismore's future housing needs and demonstrates the growing use of alternative housing models outside Sydney and other major metropolitan centres.
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