Together,

WE BUILD MORE THAN JUST PROPERTY—WE BUILD STRONGER COMMUNITIES AND LASTING LEGACIES.

Rooted in family values and driven by purpose, we create thoughtfully planned developments which bring people together, uplift local neighbourhoods, and open the door to new opportunities.

Whether it’s a local retail centre or a growing community precinct, our focus is always the same: to deliver places that serve, support, and inspire.

Our Story

At Waterfall Developments, our mission is simple: to guide everyday Australians towards achieving financial independence through smart, secure property decisions. 

We believe that when people have the opportunity to grow their wealth, it strengthens not only their future—but the community around them. That’s why we take a personalised, hands-on approach with every client, offering the support, education, and clarity they need to feel confident in every decision about property. 

With a strong foundation of experience and knowledge, we offer property solutions that are not only rewarding, but socially meaningful—supporting local needs and causes that matter to us. We’re here to help our friends, families, and neighbours build a better future together. 

Pranil Chandra

CEO/ Founder

Surila Rekhraj

CEO/ Founder

Pranil Chandra

CEO/ Founder

Surila Rekhraj

CEO/ Founder

A Legacy of Vision, A Future of Opportunity

I grew up watching my father—an honest, hardworking pharmacist—quietly build financial security for our family through real estate. While his day job earned him trust and respect, it was his property investments that helped him secure a better future for us all. 

On weekends, I’d walk on construction sites with him, learning how smart planning, patience, and the right team could turn empty blocks into thriving assets. Those early memories shaped my belief that property isn’t just about buildings—it’s about building lasting wealth. 

I grew up watching my father—an honest, hardworking pharmacist—quietly build financial security for our family through real estate. While his day job earned him trust and respect, it was his property investments that helped him secure a better future for us all. 

On weekends, I’d walk on construction sites with him, learning how smart planning, patience, and the right team could turn empty blocks into thriving assets. Those early memories shaped my belief that property isn’t just about buildings—it’s about building lasting wealth. 

Where Ambition Meets Execution

Our first major development—four residential blocks in Plumpton—was a leap into the unknown. We were ambitious but grounded, partnering with experienced developers who shared our values. OYOB, our trusted ally, helped us navigate complex decisions while always putting investor outcomes first. 

That project taught us what really matters: transparency, risk management, and surrounding yourself with the right people. That lesson has guided every project since. 

Our first major development—four residential blocks in Plumpton—was a leap into the unknown. We were ambitious but grounded, partnering with experienced developers who shared our values. OYOB, our trusted ally, helped us navigate complex decisions while always putting investor outcomes first. 

That project taught us what really matters: transparency, risk management, and surrounding yourself with the right people. That lesson has guided every project since. 

Momentum to Mastery

After Plumpton, we didn’t chase growth for growth’s sake. Instead, we took the returns and reinvested them carefully into our next venture: a commercial development in Sunbury. 

Encouraged by a family member and inspired by a friend who had transitioned from IT into property, we explored commercial real estate to generate stronger, more consistent income. Longer leases, reliable tenants, and greater stability—it was exactly the kind of opportunity we knew many Australians were looking for, especially those planning their financial future. 

With OYOB’s continued partnership and local market research behind us, we brought the project to life—building not just property, but confidence in what we could achieve for ourselves and others. 

After Plumpton, we didn’t chase growth for growth’s sake. Instead, we took the returns and reinvested them carefully into our next venture: a commercial development in Sunbury. 

Encouraged by a family member and inspired by a friend who had transitioned from IT into property, we explored commercial real estate to generate stronger, more consistent income. Longer leases, reliable tenants, and greater stability—it was exactly the kind of opportunity we knew many Australians were looking for, especially those planning their financial future. 

With OYOB’s continued partnership and local market research behind us, we brought the project to life—building not just property, but confidence in what we could achieve for ourselves and others. 

Built on Results. Driven by Purpose

Our Sunbury project delivered a 40% increase in value over just two years—proof that well-planned property investments can deliver excellent results without unnecessary risk. But more than the numbers, it reinforced the importance of strategy, timing, and investor alignment. 

That success inspired us to open the door to others. We founded Waterfall Developments to give back to our community. 

Above all, this is personal. We do this to honour our family’s legacy and to build something meaningful: a future where more Australians can invest with confidence, clarity, and community at heart. 

Our Sunbury project delivered a 40% increase in value over just two years—proof that well-planned property investments can deliver excellent results without unnecessary risk. But more than the numbers, it reinforced the importance of strategy, timing, and investor alignment. 

That success inspired us to open the door to others. We founded Waterfall Developments to give back to our community. 

Above all, this is personal. We do this to honour our family’s legacy and to build something meaningful: a future where more Australians can invest with confidence, clarity, and community at heart. 

We are in
alliance with OYOB

Our partnership with OYOB is built on strength, experience, and trust. Backed by over 24 years of project management expertise and a proven track record of delivering over $300 million in successful developments, OYOB brings depth, discipline, and capability to every stage of the process.

Through this collaboration, we gain access to a broad portfolio of projects, ensuring that our community and stakeholders benefit from well-matched opportunities, thoughtfully selected to align with diverse goals and long-term outcomes.

Years of
Expertise

Million in Successful Developments

Our
Projects

Explore the incredible projects we’ve accomplished in partnership with OYOB! We’ve nurtured growth from the ground up, together with you.

Testimonials

Here's what our wonderful community members have to say about us.

OUR APPROACH

Discovery
Meeting

As part of our community, your goals matter to us. Whether it’s paying off your current mortgage, buying your next investment property, or setting yourself up for a peaceful retirement, we aspire to assist every step of the way. Let’s start with a casual coffee just a chance to connect. Share your dreams, explore ideas, and see how we can help you build the future you’re aiming for. 

As part of our community, your goals matter to us. Whether it’s paying off your current mortgage, buying your next investment property, or setting yourself up for a peaceful retirement, we aspire to assist every step of the way. Let’s start with a casual coffee just a chance to connect. Share your dreams, explore ideas, and see how we can help you build the future you’re aiming for. 

Vision
Board

Once we’ve connected, it’s time to dive a little deeper. 

In this next phase, you’ll meet with our specialist team for more focused, one-on-one conversations. Together, we’ll shape a clear vision board—mapping out your goals, priorities, and the practical steps to bring them to life. 

Whether you’re planning to grow your portfolio, create long-term security, or simply explore your options, we’re here to help you visualise the journey ahead with confidence and purpose. 

Once we’ve connected, it’s time to dive a little deeper. 

In this next phase, you’ll meet with our specialist team for more focused, one-on-one conversations. Together, we’ll shape a clear vision board—mapping out your goals, priorities, and the practical steps to bring them to life. 

Whether you’re planning to grow your portfolio, create long-term security, or simply explore your options, we’re here to help you visualise the journey ahead with confidence and purpose. 

Meet the
Team

You’ve chosen to take the next step with us—and we couldn’t be more excited to walk this journey with you. 

From here, we’ll introduce you to our wider team of partners and project specialists. Together, we’ll co-create a tailored concept map that reflects your goals, values, and vision for what’s ahead. 

It’s a big decision, and we don’t take your trust lightly. We’re here to guide you with care, clarity, and the depth of experience needed to turn ideas into something truly meaningful. 

You’ve chosen to take the next step with us—and we couldn’t be more excited to walk this journey with you. 

From here, we’ll introduce you to our wider team of partners and project specialists. Together, we’ll co-create a tailored concept map that reflects your goals, values, and vision for what’s ahead. 

It’s a big decision, and we don’t take your trust lightly. We’re here to guide you with care, clarity, and the depth of experience needed to turn ideas into something truly meaningful. 

Turn Vision into Reality

This is where your journey begins—and how involved you’d like to be is entirely up to you. Whether you prefer to stay closely involved or take a step back and let us handle the details, we’re here to make the process seamless. 

From start to finish, we manage every stage with the care, clarity, and commitment you’ve come to expect. Your peace of mind matters most—and we’re proud to help turn your vision into something real and lasting.  

This is where your journey begins—and how involved you’d like to be is entirely up to you. Whether you prefer to stay closely involved or take a step back and let us handle the details, we’re here to make the process seamless. 

From start to finish, we manage every stage with the care, clarity, and commitment you’ve come to expect. Your peace of mind matters most—and we’re proud to help turn your vision into something real and lasting.