Jakarta. Crown Group, one of Australia's largest private developers, sees robust demand from Indonesian buyers as it embarks on a push to sell A$600 million ($424 million) worth of property Down Under, the company said in a statement on Monday.

Buyers from Southeast Asia's largest economy accounted for a significant chunk of the group's A$500 million sales globally in 2015, fueled by demand from parents seeking accommodation for their children studying in Australia, as well as for investment purposes.

"Indonesia is an important part of Crown Group in South East Asia, successfully contributing A$45 million in sales in the first and second quarter of the 2015-2016 financial year," said Iwan Sunito, the developer's Indonesian-born founder and chief executive.

Australia's financial year starts on 1 July and ends on 30 June.

“We will increase the number of our sales personnel and restructure management in order to strengthen our competitiveness to achieve these targets,” Iwan said.

Apart from Indonesia, mainland China represents Crown Group's biggest market.

This year, the developer will unveil new apartments at its V by Crown development in Parramatta, Sydney, and launch its new Waterloo residential project, also in Sydney, Iwan added.

Other Crown projects include the Oasis apartments in Western Sydney and Sydney by Crown in the city's downtown area.