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MADSUNMEDIA
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Property Development
Docklands, Melbourne
Real Estate
Google Ads

Docklands Property Developer — Google Ads

A property developer pre-sold 80% of apartments off-the-plan using targeted Google display and search campaigns.

5 months (pre-sale campaign) 8 min read Property Development
4.1xROI on display campaign

TL;DR

Challenge:
A Docklands developer with a slow 42-unit apartment pre-sale relying on print + display suite foot traffic.
Approach:
Search campaigns for high-intent buyers, display + YouTube retargeting, 3D virtual tour landing page.
Result:
4.1x ROI on ad spend, expressions of interest up 325%, pre-sale rate 35% → 82%.

Key Results at a Glance

4.1x

ROI on ad spend

Not tracked4.1x

+325%

Expressions of interest

8/month34/month

+47pts

Pre-sale rate at launch

35%82%

Client Context

Business Type

Property development (mid-rise residential)

Founded

2010

Team Size

22 employees

Market

Melbourne CBD + inner metro

Revenue Tier

$45M project value

Stack Before

The Age print ads, display suite, brochure website

The Challenge

The developer had a new 42-unit apartment project in Docklands with slow pre-sales. The sales team was relying on project displays and print ads in The Age — both expensive and poorly trackable.

Goals & KPIs

North-Star Metric

Pre-sell 80%+ of 42 apartments before construction commencement

Supporting KPIs

Expressions of interest/month

Target: 30+

Cost per EOI

Target: Under $200

Pre-sale rate at launch

Target: 80%+

Virtual tour completions

Target: 500+/month

ROAS

Target: 3x+

Discovery & Research

Audit Findings

  • •Print-only marketing (The Age)
  • •No digital campaign infrastructure
  • •Brochure website with no conversion path
  • •No virtual tours
  • •Zero retargeting

Baseline Issues

  • •8 EOI/month
  • •35% pre-sale rate
  • •Zero digital attribution
  • •$50K/month print spend with no ROI clarity

Competitor Insight

Top Melbourne developers ran multi-channel campaigns with virtual tours, display retargeting for 6-month decision cycles, and YouTube pre-roll on property content.

Audience Insight

Melbourne apartment buyers research 4-8 months before EOI, watch virtual tours 3+ times, and respond to Docklands lifestyle + investment content.

Strategy

Core Hypothesis

“If we combine Search intent + display aspiration with a 3D virtual tour landing page, EOIs will 4x because apartment buyers self-visualise before committing.”

Positioning Shift

Repositioned from "new apartments" to "Docklands' newest waterfront apartments — from $580K, walk to CBD".

Channel Mix

Google Search — buyer intent · 35%

High-intent capture

Display retargeting · 30%

6-month nurture

YouTube pre-roll · 20%

Property content viewers

Virtual tour landing page · 15%

Conversion driver

Our Approach

1

Search campaigns for buyers

Targeted high-intent keywords: "apartments for sale Docklands", "off the plan Melbourne CBD", "new apartments Melbourne" — with price-qualified ad copy.

2

Display & YouTube retargeting

Ran display ads with architectural renders across property and lifestyle sites, plus YouTube pre-roll targeting viewers of Melbourne property content.

3

Landing page with virtual tours

Built a dedicated project landing page with 3D virtual tours, floor plans, pricing guide download, and expression of interest form.

Phased Roadmap

1

Month 1

Foundation

  • →3D virtual tour production
  • →Landing page with EOI form
  • →Google Ads + display setup
  • →Pixel + conversion tracking
2

Months 2–3

Launch

  • →Search campaigns for buyer intent
  • →Display retargeting across property sites
  • →YouTube pre-roll on Melbourne property content
  • →EOI: 8/mo → 22/mo
3

Months 4–5

Scale to Sell-Out

  • →Scaled winning display creatives
  • →Retargeting cadence increased
  • →Weekly EOI reports to developer
  • →Pre-sale rate: 82% at launch

What We Built

3D virtual tour (interactive)
Dedicated project landing page
Google Ads campaign structure
Display retargeting creatives
YouTube pre-roll ads
EOI form with pre-qualification
Weekly reporting dashboard

The Results

Monthly Expressions of Interest

Before vs After — 5 Months

MetricBeforeAfterChange
ROI on ad spendNot tracked4.1x4.1x
Expressions of interest8/month34/month+325%
Pre-sale rate at launch35%82%+47pts
“We pre-sold 80% before construction started. The digital campaign outperformed our $50K print spend ten to one.”

George P.

Director, Property Development

Key Insights

  • →3D virtual tours drove 3.4x higher EOI conversion — apartment buyers need to "walk through"
  • →Display retargeting during 6-month cycle beat print by 10:1 on cost per EOI
  • →YouTube pre-roll on Melbourne property content had the lowest CPL of any channel
  • →Pre-sold 80% before construction — saved holding costs + funded development

What's Next

Applying the playbook to a 68-unit Southbank project, launching an investor-focused campaign, and testing Chinese-language ads for offshore buyers.

Ready to see similar results?

Book a free strategy call — we'll audit your current setup and map out what growth looks like for your business.

Representative case study. Figures illustrate the type of outcomes achievable through these strategies for Australian businesses; individual results vary based on market, budget and starting position.