Chapel Hill’s Early Sales Success Driven by 3D Real Estate Technology

September 8, 2024
By Jones Editorial Team
7 min read

Taking Chapel Hill’s vision to market.

The Chapel Hill project was more than just another residential development—it is the foundation of a larger community plan.

Beyond delivering beautiful homes, the project vision is to create a vibrant community through a two-stage release.

Stage 1 (The Promontory) sales play a crucial role in influencing the launch of Stage 2, which will introduce a premium range of apartments, a public piazza, and an array of community amenities.

This was about more than selling apartments—it was about selling a vision for a connected, thriving community in the heart of Como.

We weren’t just asking buyers to purchase a home; we were inviting them to be among the first to join a new, dynamic neighborhood.

But how do you inspire buyers to act early and trust in a vision that will take years to fully realise?

Why not wait until everything is complete when the community plan is tangible and ready to experience?

The solution wasn’t just about selling apartments—it was about selling the vision of an entire community and the future potential it offered to its residents.

Inspecting the entire community before completion.

At the core of our strategy was IMMERSIV, a 3D real estate interactive tool that offered buyers a fully immersive experience of the entire Chapel Hill community—all from the comfort of their own homes.

This wasn’t just about stepping into individual apartments; it was about teleporting into the future neighborhood itself, making it accessible and engaging for buyers without needing to visit a physical site.

With IMMERSIV’s 3D real estate technology, buyers could instantly be transported to an aerial view of the entire development, allowing them to see the master plan unfold before their eyes.

They could visualise how Stage 1 (The Promontory) would integrate with the future Stage 2, with its premium apartments, public piazza, and community amenities.

This gave them a comprehensive sense of how Chapel Hill would evolve.

Beyond the bird’s-eye view, buyers were able to virtually walk through the community at street level, experiencing the flow of the entire neighborhood.

This street-level walkthrough, powered by 3D real estate technology, helped them envision the everyday lifestyle Chapel Hill promised, from residential spaces to shared community areas.

Additionally, IMMERSIV provided an in-depth look at the apartment interiors.

Buyers could virtually step inside the apartment designs, inspect the layout, explore the finishes, and get a real sense of space —again all from the comfort of their lounge.

The upside of bringing this experience to their homes.

Simple.

By giving prospective buyers a comprehensive understanding of both the bigger picture and the fine details of the homes in this community, they could qualify an alignment to their needs more clearly.

If you can answer a lot of questions early in their buying decision process, then you can spend time helping people with their nitty-gritty wants and needs.

We added these strategies to get buyers over the line.

To generate excitement and interest, we hosted a launch event that truly embraced the community feel of Chapel Hill. This event was our opportunity to introduce the development to the wider community while running smaller, more intimate presentation sessions for registered buyer groups, using the IMMERSIV technology for apartment tours.

The event was a success on multiple levels.

Not only did it provide potential buyers with a chance to learn more about Chapel Hill’s vision, but it also fostered a strong community connection—exactly what we intended.

The event created immediate sales demand, resulting in an offer secured on the day and an instant boost in sales post-event.

This strategic approach allowed us to build momentum early and maintain strong interest, setting Chapel Hill up for long-term success.

40% sold in just 3 months.

The results speak for themselves. Within the first three months of the market launch, 40% of apartments were sold.

An average of 2 apartments selling per week.

This early success triggered our first price increase milestone—a key target for the developer.

With strong sales momentum, we moved into a phased release of the remaining apartments, strategically staggering sales to maximise pricing growth and leverage demand.

How 3D real estate technology boosted buyer confidence?

IMMERSIV gives buyers the ability to interact with their future home, all from the comfort of their couch.

From viewing layouts and river views to selecting finishes and customisation options, the tool created a very personal home-buying experience for buyers and allowed them to see exactly what they were getting.

100% of the sales during the pre-construction period were made using the IMMERSIV 3D real estate technolog.

Buyers didn’t need to step foot in a physical display suite.

Making the “inspection process” more accessible to time-poor buyers and especially non-local buyers as we start to see a big increase from the eastern state market entering Perth.

Increasing conversions during a pre-sale phase.

One of the standout advantages of Chapel Hill and a big part of our marketing message to buyers, was the long settlement period.

For those not quite ready to move or take on a mortgage, this project offered a unique financial opportunity for in-market buyers.

By securing a property during Stage 1, buyers were able to lock in the current price while the market continued to grow.

This long-term settlement allowed buyers to:

  • Lock in today’s price and avoid future market price increases.
  • Leverage the upside of market growth without making an immediate move.
  • Plan for their future, knowing they had already secured their ideal property.

 

This financial strategy made Chapel Hill even more appealing for forward-thinking buyers who wanted to invest now and benefit from growth returns.

Beyond the technology.

The use of 3D real estate technology was a key part of the Chapel Hill success story, but it was supported by a comprehensive consultancy and marketing strategy from the outset.

We provided full development consultancy, working with the developer to refine apartment designs and ensure market suitability.

We also handled the complete branding process including—the brand messaging, target market analysis, visual assets, selling collateral, website and setting up the sales suite.

Our marketing team coordinated a high-impact launch event, supported by both digital and traditional advertising and lead generation campaigns.

This comprehensive approach helped generate qualified leads and build a strong buyer pipeline from the outset.

Continuing strategic sales & marketing support.

The work didn’t stop after the initial success.

We continue to provide ongoing strategic support to the developer, refining marketing efforts and helping to guide future phases of the project.

With a strong foundation in place, Chapel Hill is well-positioned for continued growth and we’re enjoying welcoming some fantastic residents to this future-planned community.

Want to accelerate your sales with 3D real estate technology?

The Chapel Hill project has shown just how powerful 3D real estate technology can be in driving sales and building long-term success.

By combining 3D real estate technology with a tailored marketing strategy, you can give your buyers the confidence to invest early and stay ahead of the competition.

Our expert team is here to help you unlock the full potential of your development.

We provide a comprehensive development consultancy service that includes showing you how you can integrate the latest 3D real estate technology into your project’s marketing and sales strategy, ensuring your project stands out and delivers exceptional results

Schedule a consultation today or request a viewing of one of our current projects showcasing this powerful technology.

Let’s transform your vision into reality—schedule a consultation today or experience one of our live projects showcasing this powerful technology.

Written by

Jones Editorial Team
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Jeremy Wealleans brings more than 40 years of experience across banking, finance broking, business development and leadership.

Jeremy’s understanding of both lender and broker perspectives supports Jones clients across property development, investment and home ownership. By connecting the right people, building strategic partnerships and identifying practical finance pathways, Jeremy helps clients make informed decisions and move forward with greater confidence.

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