The <a href="/developments/broadmeadows-vic-3047">Melbourne suburb Broadmeadows</a>, 15 kilometres <a href="/developments/melbourne-vic">north of the CBD</a>, has been going through a renewal of its industrial land spaces, aiming to create vibrant urban hubs that offer a diverse range of housing options, employment opportunities, and a lively lifestyle.

Gorway Projects' <a href="/developments/broadmeadows-vic-3047">Broadmeadows development</a> Kingslea embodies this vision by featuring a collection of contemporary, architecturally designed townhomes.

[smartcode_project:default project_id=21537 project_image_fid=179058]

Located on the corner of Blair Street and King William Street, the development occupies a significant site that was home to the renowned Australian brand, Hard Yakka, for the past five decades

It is rare to find a brand new residential community located so close to the heart of the city. Positioned just 10 minutes away from Melbourne Airport and <a href="/developments/essendon-vic-3040">Essendon</a> Airport, Kingslea offers convenient access to the Tullamarine Freeway.&nbsp;

Kingslea is also well-serviced by public transport options. <a href="/developments/broadmeadows-vic-3047">The Broadmeadows train station</a> is only a few minutes' walk away, and with a total of 14 stations on the line, residents can easily reach the bustling city centre.

[smartcode_project:default project_id=21537 project_image_fid=179059]

Nature and green spaces are integral to the Kingslea community. Residents have the opportunity to enjoy the planned Meadowlink, a green space developed by the Hume City Council. Meadowlink will provide a pedestrian connection from Seabrook Reserve, extending over Blair Street and leading to the <a href="/developments/broadmeadows-vic-3047">Broadmeadows train station</a>.

Kingslea also features paved walking paths that seamlessly connect to Meadowlink, enhancing residents' access to these natural surroundings.

[smartcode_project_cta:default project_id=21537]

Located on the corner of Blair Street and King William Street, the development occupies a significant site that was home to the renowned Australian brand, Hard Yakka, for the past five decades

alisonwarters@gmail.com

Former Hard Yakka site transformed into modern community in Melbourne's Broadmeadows

Melbourne saw 26 suburbs join the million-dollar median club last year, with South Kingsville one of the recent entrants with the median house price reaching $1.04 million.

The suburb is known as the golden triangle, located between the West Gate Freeway, the Yarra River and the Bay. The geographic shape of South Kingsville represents fire, energy and success in all walks of life in Feng Shui philosophy, which local developer Frater Group have utilised as the vision for their latest residential development.&nbsp;

Named after its location at 82-96 New Street, Knew ​flows between the trendy café culture of Yarraville and the beachside havens of Port Phillip Bay, marking the intersection of urban living within waterside reach.

Designed by IN8 Architects, 32 residences will be delivered across the site, with a collection of two, three and four-bedroom apartments.

&nbsp;

<a data-entity-type="file" data-entity-uuid="ef5e39a0-0260-4c6c-b5c0-cd45ed1cd6fc" href="https://www.urbandirect.com.au/knew/"><img alt="Knew" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%209.06.17%20am.png?VersionId=VxmOtVDELSTGbmTy7lrdWz76ThFFB6sT" /></a>

As a boutique suburb, South Kingsville serves up a melting pot of cuisine, from the award-winning Middle Eastern restaurant Dukkah, to soul food barbecue at Burn City Smokers, Italian pizza, pasta and gelato at Motorino Pizzeria and breakfast and coffee spots like go-to BlackSheep all nearby.&nbsp;

Frater knows it takes a village to raise a family, and with the residences focussed on attracting an owner-occupier market, South Kingsville is the education enclave families will want to be around.&nbsp;

With 11 schools sitting within a two kilometre radius, residents will be nearby to top ranking schools such as, Westbourne Grammar and Heatherdale Christian College, along with Suzanne Cory, which holds selective entry for academically gifted students.

<a data-entity-type="file" data-entity-uuid="08c66a57-ec42-4daa-a8e1-2e44bcf28e25" href="https://www.urbandirect.com.au/knew/"><img alt="Frater Knew" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%209.22.59%20am.png?VersionId=JvttFW1G3TXLJdR4R8X0NeJ9D.U9OCbN" /></a>

It’s not just higher-educational offerings in the area drawing families in, with Knew set to also hold its own on-site childcare centre.

The South Kingsville childcare centre will allocate space to five children’s rooms as well as a cot room on the ground floor to give working families the assurance of long day care, with priority childcare placement in the district poised to double its population to 9,712 people by 2041.&nbsp;

Based in Melbourne, Frater Group has delivered a number of projects across the state, with residences from Preston, to Ivanhoe, and North Melbourne.&nbsp;

Named after its location at 82-96 New Street, Knew ​flows between the trendy café culture of Yarraville and the beachside havens of Port Phillip Bay, marking the intersection of urban living within waterside reach.



Frater keeps families in mind with South Kingsville townhouse development, Knew

Architecture and construction firm mckimm has played a big hand in bringing a touch of modern to Melbourne's Bayside over the last decade, delivering a swathe of residential developments across the area.

In 2021 they completed their <a href="/developments/brighton-vic-3186">Brighton</a> project Luce, which comprises just seven apartments and two penthouses, with a focus on spaciousness, contemporary design, and premium finishes.

[smartcode_project:default project_id=27741 project_image_fid=73118]

Set on a 1400 sqm Adamson Street site, Luce provides a limited number of dwellings, ensuring a sense of exclusivity and privacy for its residents. The apartments range in size from 165 sqm through to 295 sqm, boasting two or three-bedrooms across three floor levels, including basement parking.

From the moment owners and guests step into Luce, they are greeted by an impressive lobby featuring a double-height void. This grand entrance sets the tone for the luxurious living experience that awaits within.

The living zones of each apartment have been thoughtfully designed to maximise the seamless indoor and outdoor flow, allowing an abundance of natural light to flood the interiors.

The homes feature solid materials, intelligent acoustics, and structural integrity, each hallmarks of mckimm's work.

[smartcode_project:default project_id=27741 project_image_fid=73116]

Situated just a few hundred metres from <a href="/developments/brighton-vic-3186">Church Street</a>, Luce enjoys a prime location, only 11 kilometres from <a href="/developments/melbourne-vic">Melbourne's bustling city centre</a>.

The sought-after address offers residents easy access to some of the city's best restaurants, pristine beaches, and renowned golf courses.&nbsp;

Two and three-bedroom floorplans are still available in the development, with prices starting from&nbsp;$2.6 million, with each of the homes benefitting from two car spaces.&nbsp;

[smartcode_project_cta:default project_id=27741]

Architecture and construction firm mckimm has played a big hand in bringing a touch of modern to Melbourne's Bayside over the last decade

Inside mckimm's Brighton apartment development Luce

MCN Property's Maltraver development occupies a prime position a stone's throw from both <a href="/developments/ivanhoe-vic-3079">Ivanhoe</a> train station and it's renowned shopping precinct.

The boutique collection of&nbsp;just 16 boutique residences at 162 Maltravers Road.

With a Frank Lloyd Wright prairie influence, the Samantha Eades-designed residences come in one, two and three-bedroom configurations, in addition to one exclusive penthouse. &nbsp;

Cleverly concealed within the pitch of the roof, the penthouse spans 245 sqm over three levels, opening out to an expansive terrace with unobstructed views of the valley.

[smartcode_project:default project_id=25925 project_image_fid=194904]

Featuring a juxtaposition of traditional building materials alongside modern finishes, off-form concrete, Daniel Robertson bricks, feature stone work, batons and shrouds make up the buildings form, while internally the floorplates follow an open-plan layout.

Each residence features spacious living and dining areas with warm timber floorboards and delicate white walls, allowing for personalised styling, with the two areas designed to complement one another.

Culinarians will undoubtedly be satisfied with the kitchen offering, featuring stone benchtops and splashback, Fisher &amp; Paykel cooking appliances, integrated dishwasher and the convenient option to include a large fully-integrated refrigerator, the spaces also have the further option to accomodate for breakfast-bar seating.

&nbsp;

[smartcode_project:default project_id=25925 project_image_fid=194906]

Architecturally considered feature joinery is featured throughout all the apartments with LED linear lighting to provide for a unique and comforting setting.

Beyond the confines of the living zones, sun dappled terraces enveloped by green accents provide entertaining options and encourage residents to connect with the outdoor environment.

[smartcode_project:default project_id=25925 project_image_fid=194905]

Bathrooms include floor-to-ceiling tiles, with the white finger tiles bringing a vertical quality to the spaces, coupled with textured wood laminate vanities, architectural lighting, clear shower screens, back to wall toilets and architectural tapware.

Sitting just nine-kilometres north-east of <a href="/developments/melbourne-vic">Melbourne’s CBD</a>, Ivanhoe is renowned for its tranquil, tree-lined streets and historic urban setting. The nearby <a href="/developments/ivanhoe-vic-3079">Ivanhoe village</a> offers a selection of retail and hospitality amenity, including fashion boutiques, cafes, supermarkets, recreational facilities, and a vast array of local parks and walking trails. &nbsp;

[smartcode_project_cta: project_id=25925]

With a Frank Lloyd Wright prairie influence, the Samantha Eades-designed residences come in one, two and three-bedroom configurations, in addition to one exclusive penthouse

Maltraver Ivanhoe: The Frank Lloyd Wright-inspired apartment development by MCN Property

Longtime collaborators Roulston, Ewert Leaf, and Jack Merlo, have once again joined forces to unveil their latest project, Gladstone <a href="/developments/armadale-vic-3143">Armadale</a>.

The residential development promises a living experience that goes beyond the ordinary, combining elegant design, generous spaces, and exquisite craftsmanship.

Nestled in one of <a href="/developments/armadale-vic-3143">Armadale's most coveted locations</a>, Gladstone offers residents a privileged lifestyle just moments away from Union Gardens, Malvern Central, and High Street. The surrounding area boasts lush parks, upscale boutiques, and a plethora of world-class dining options. And when the need arises, residents enjoy excellent connectivity to the rest of Melbourne.

[smartcode_project:default project_id=105792 project_image_fid=168970]

Step inside Gladstone and residents are greeted by interiors that seamlessly reflect the architectural philosophy. A neutral finishes palette, complemented by natural stone and oak timber flooring, creates an atmosphere of refined sophistication, while crafted joinery can be found throughout the kitchen, living areas, bathrooms, and bedrooms, offering ample storage solutions.

Additional luxurious touches include bespoke bar installations, study areas, and stately fireplaces.

Expansive proportions characterise every corner of Gladstone, enhanced by floor-to-ceiling windows that not only showcase views of the surrounding greenery but also flood the interiors with an abundance of natural light.

The open-plan living area seamlessly transitions to a large, wrap-around terrace, blurring the lines between indoor and outdoor spaces and providing an ideal setting for entertaining guests.

[smartcode_project:default project_id=105792 project_image_fid=168978]

Gladstone's fixtures and finishes have been sourced from the industry's most respected artisans and suppliers. With the choice between a light or dark scheme, the residences benefit from marble surfaces, the warmth of timber floors, and brushed nickel tapware and fittings.

The master suite at Gladstone sets a new benchmark for luxury living. Thoughtfully designed, the master bedroom offers direct access to the terrace and features a functional walk-in robe that can be customised to suit personal preferences.

Pure wool carpets and a rich finishes palette create an indulgent atmosphere, while the ensuites are a haven of tranquility, complete with a spacious double-vanity, integrated storage, feature lighting, and a lavish bathtub framed in stone.

The apartments are completed and ready-to-move-in to, with two and three-bedroom floorplans still remaining.&nbsp;

[smartcode_project_cta:default project_id=105792]

The residential development promises a living experience that goes beyond the ordinary, combining elegant design, generous spaces, and exquisite craftsmanship.

Ewert Leaf and Jack Merlo combine for Roulston's Gladstone Armadale apartments

<a href="/new-apartments/frankston-vic-3199">Frankston</a>, a vibrant coastal town in <a href="/new-apartments/melbourne-vic">Melbourne</a>, is undergoing a transformation, positioning itself as the next city-by-the-bay.

Among the emerging developments in the sought-after location is Ascent <a href="/new-apartments/frankston-vic-3199">Frankston</a>, a boutique residential project designed by Peak Property Group.

They had The Ellis Group design the boutique project, which comprises just nine apartments.&nbsp;

[smartcode_project:default project_id=21542 project_image_fid=34408]

Offering a unique living experience that combines the best of beachside living with a diverse dining and retail hub, Ascent Frankston captures the essence of the desirable bayside lifestyle.

Situated by the bay, Ascent Frankston provides residents with easy access to the beaches and expansive parklands that have garnered Frankston its reputation as a highly desirable place to live.

The development acts as a gateway to the beautiful Mornington Peninsula and boasts proximity to <a href="/new-apartments/melbourne-vic">Melbourne's major commercial, retail, and transport centre</a> in the outer south. With its award-winning beaches, reputable local schools, shopping complexes, and a neighborhood brimming with heart and soul, Frankston truly offers a laid-back coastal lifestyle that is increasingly sought after.

[smartcode_project:default project_id=21542 project_image_fid=34407]

The Ellis Group's design for Ascent Frankston showcases modern styling and thoughtful amenities that enhance the residents' living experience. The apartments feature high ceilings, creating a sense of spaciousness and contemporary elegance.

Each unit boasts a private balcony, allowing residents to enjoy the fresh coastal breeze and bask in the natural beauty of the surroundings.&nbsp;The fortunate residents on the second and third storeys are treated to bay views, further enhancing the allure of the units.

An internal lift is provided, ensuring easy access to all floors and promoting inclusivity for residents of all ages and abilities.

The inclusion of a lockable external storage space, measuring 6m3 per apartment, ensures that residents have ample room to store their belongings securely. The development also offers secure undercover off-street parking with direct lane-way access.

[smartcode_project:default project_id=21542 project_image_fid=34409]

The apartments range from the 55 sqm one-bedroom apartments to the 101 sqm two-bed units.

The modern and spacious apartments exude contemporary townhouse street appeal, blending seamlessly into the surrounding neighbourhood.

[smartcode_project_cta:default project_id=21542]

Offering a unique living experience that combines the best of beachside living with a diverse dining and retail hub, Ascent Frankston captures the essence of the desirable bayside lifestyle

Peak Property's Ascent Frankston delivers striking new-build to the bay

In the vibrant landscape of north-west <a href="/new-apartments/sydney-nsw">Sydney</a>, a new urban village has re-envisioned modern living.

Greenland Australia's completed development, NBH at Lachlan's Line in <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

Soaring above a bustling town square, the development is located at the gateway to <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, within the Lachlan's Line masterplan.&nbsp;

[smartcode_project:default project_id=5788 project_image_fid=95907]

Residents enjoy easy access to a range of amenities, including a supermarket, high-end and casual dining venues, a medical centre, a commercial gym, and an array of retail stores, including a dry cleaner, baker, florist, newsagent, and chemist.

The development's centrepiece, the 7,000 sqm Lachlan's Square Village, adds to its allure. Complete with an amphitheater and a childcare facility operated by Ryde Council, the vibrant communal space serves as the beating heart of the community.

Beyond the immediate surroundings, NBH at Lachlan's Line benefits from its position within the Macquarie Park employment corridor, Sydney's second-largest business hub. This bustling hub hosts some of the world's most innovative companies, such as Microsoft, Oracle, and 3M, earning the area the moniker of the harbour city's 'Silicon Valley'.

[smartcode_project:default project_id=5788 project_image_fid=95902]

Situated a mere 15 kilometres from the <a href="/new-apartments/sydney-nsw">Sydney CBD</a>, residents have convenient access to the city's cultural and economic offerings. Multiple transport options are within minutes' walk, including the North Ryde and Macquarie Park Metro stations, as well as Epping Road bus services.

One of Australia's top 10 universities, Macquarie University, is easily accessible within a 5-minute drive or via public transport.

In addition, major regional shopping centres such as Macquarie, Top Ryde, and <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a> are just moments away, providing a wealth of retail opportunities.

Adjacent to the <a href="/new-apartments/lane-cove-nsw-2066">Lane Cove</a> National Park, residents can also immerse themselves in nature's beauty, while golf enthusiasts will appreciate the world-class <a href="/new-apartments/north-ryde-nsw-2113">North Ryde</a>, <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a>, and Avondale golf courses located nearby.

[smartcode_project_cta:default project_id=5788]

Greenland Australia's completed development, NBH at Lachlan's Line, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

NBH at Lachlan's Line: Urban living in Sydney's North West

What both developers, and more importantly buyers, want from a residential project is to be as close to amenity as possible without being on a busy highway.

Perth developer Citify secured a prime location for their soon-to-be completed <a href="/developments/east-victoria-park-wa-6101">East Victoria Park</a> project The Brixton, just off the Albany Highway.

Located on Bassinghall Street residents of The Brixton will enjoy convenient access to the <a href="/developments/perth-wa">Perth CBD</a> from the Albany Highway, a five-kilometre commute.

[smartcode_project:default project_id=22021 project_image_fid=213566]

There's an array of public transport options and major road links in close proximity, as well as an extensive network of walkways and cycle paths that crisscross the area.

When it comes to dining, The Brixton spoils its residents for choice. A leisurely 50-metre stroll will lead residents to a selection of cafes and restaurants,&nbsp;offering a diverse range of culinary delights from around the world are just around the corner.&nbsp;

[smartcode_project:default project_id=22021 project_image_fid=213573]

Aside from the incredible dining options, residents find themselves in close proximity to all essential amenities.

Work <a href="/developments/perth-wa">in the city</a>? A mere 10-minute journey will take you there. Pursuing higher education? A bus stop conveniently located across the road provides a direct route to Curtin University.

[smartcode_project_cta:default project_id=22021]

Located on Bassinghall Street residents of The Brixton will enjoy convenient access to the Perth CBD from the Albany Highway, a five-kilometre commute


The Brixton: Where contemporary living meets convenience in East Victoria Park

Mike Bird: We're here at the Hyde Metropolitan by Deicorp. I'm here with CBRE managing director for CBRE Residential Projects, Dave Milton. Well, look, we're doing something a bit different today, we've taken requests from buyers in terms of the hard questions that they want to know about the project, so we're going to ask you those and really provide them the opportunity to kind of have a real good look at what are the drivers, what are the things that they should be thinking about. So we'll get started, yeah?

David Milton: Definitely. You are aware I'm a little bit biased because I think this will be one of the preeminent Sydney residential development on this southern end of Hyde Park in the future.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/93f1bny7UM4" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=21809]

MB: So, for those buyers that are thinking about right now, should they buy an established apartment maybe in the broader area, you know, what would you say to them as the kind of advantage of this project as opposed to that?

DM: Well, I think there's a lot of advantages to this project in the design, style, the apartments, and the views. But it often comes down to the buyer, whether they're needing to move now or it's a future move. New design often brings better design, new initiatives, better IT, better security, more functionality.

And, you know, I'd say to a lot of buyers, if you're going to be living in the city for some time, waiting a small time to get what you want is really more often worth it than compromising on a decision to buy now.

[smartcode_project:default project_id=21809 project_image_fid=215728]

MB: And so with that in mind, we look back over the past couple years, it's been a bit of a rocky time for the property market from a pricing standpoint. You know, what would you say to buyers that are thinking about that, uncertain about the interest rates and looking forward?

DM: In terms of the opportunity now, I think we're starting to see change in the market already. We're set by sentiment. You know, we've had all the banks out forecasting price growth, which is in a real turnaround. And I'll say all property pundits and researchers saying the market's changing.

We've got an acute shortage of property. Building costs have risen substantially and still rising, and that hasn't fed through yet into asking prices. So if you sort of said, "What's the time to buy?" It probably is right now, where interest rates are nearly at their peak or at their peak predicted. Then to follow a stabilization, they'll come down. Building prices will continue to rise, and today you can, if you're bought here, you're locking in on today's price, and you're not settling for three and a half years, four years. So the market in four years is going to be very different, particularly with 975,000 new immigrants expected to arrive in that time in Australia.

MB: It's a crazy amount of people coming into the country. Clearly, we've got a supply shortage with not enough projects coming to market.

DM: An enormous supply, like all the stats are, I don't know where people are going to be housed, and there's a big push back to city living. People want the convenience. And so you're starting to see the market where we're getting more and more demand in areas where really, where there's very tight supply.

[smartcode_project:default project_id=21809 project_image_fid=215729]

MB: The obviously the project is high spec, high-end design, all the rest of it, but Liverpool Street isn't often known as kind of one of those real prestigious streets. You know, what do you think about that?

DM: I think it's overlooked there, and I think it is really a prestigious address. You've got Tech Central now with the development of the Atlassian building and a lot of other high-rise commercial that's going to go in there. That's over 20 hectares being developed there, and that's a few hundred meters away. You're right, you're very close to the city center, David Jones Center, shopping center, but you're on Hyde Park. And if you look at Liverpool Street and the developments, the residential developments that have taken place, they're the most tightly held, and buyers love it here.

We've had buyers that we originally sold to in the residence buy in here. We've had buyers that have bought in here that are renting next door. And without a doubt, it will become a more and more prestigious address and more tightly held.

MB: With the park, obviously, like a huge value add for the project overall, you know, if I was a buyer, one of the things I'd be worried about is getting my view blocked out over time. You know, what would you say to a buyer who also shares my concern with that?

DM: That's one of the beauties of this site. There's the high plain of Elizabeth Street, which is where this building looks over, is governed by the sun plane, allowing winter sun onto the park. So it's not an arbitrary council control. It's locked in stone. So as the sun starts to set in the east, it'll change. But while the sun sets in the west, that is the high plane locked in.

[smartcode_project:default project_id=21809 project_image_fid=215730]

MB: How does that work? So the government, the council can't change the rules. Why would they make it like that?

DM: Well, you want the sun on Hyde Park, so the grass grows. Fair enough. You know, that's why it is. It's about amenity, and what happens in most councils, buildings can't be overshadowing parks because it takes away from the amenity and the ability for the park to survive.

I might also add there's going to be a further shortage of residential accommodation in the city, and this is one of the last developments we approved under the previous planning codes. Council has now put in place controls restricting or reducing the buildable area on sites where they're residential sites. So basically, proving up the value as commercial use is not residential. So what it means is when developers are looking at sites, there'll be more commercial buildings and less residential.

MB: If it was one of your family members looking to buy and downsizing into an apartment, looking to buy it off the plan, what would you say to them and what tips would you give them?

DM: It's a really great question because you talk about downsizers and the words now moved to empty nesters and right-sizers. So often what we're getting is people moving out of their family home, wanting a large apartment that replicates a lot of their lifestyle within that home but without the maintenance and with more convenience. So you've got downsizers moving into something smaller.

And so often, they think about what's the critical things that they need. They're often looking to save some money to invest somewhere else, buy a country farm or a coastal property. You've got right-sizers that are saying, "Well, we like the size of our house, and we want that type of space." So they look at larger apartments.

You've got retirees again with different needs. I think developers are so much more aware of the nuances of the different markets that they're providing all of the needs those buyers want, like additional storage, larger rooms. Apartments that were previously often criticized for being small or not being adequate in what they provide for a homeowner, we've now got generous robes, larger bathrooms, kitchens that are really functional.

A number of apartments will have a Butler's kitchen. So there's been enormous more focus on design to meet that market's requirements. And then they buy. What they should be doing is doing research on who the developer is&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=215731]

In terms of investors, we emphasize the importance of researching the developer's track record and their capacity to deliver on their promises. We advise investors to look into the developer's past experience, their capability, and whether they have built similar projects before. This information should be readily available and easily accessible. If a developer cannot provide this information, it's advisable to be cautious and wary.

For investors, similar to owner-occupiers, it's essential to consider the same factors such as the developer's track record, their capacity to deliver, and the quality of the apartment. In addition to these factors, investors should also focus on the proximity of the property to good transport solutions. Properties near convenient transportation options tend to have higher rental returns and attract tenants more easily.

It's important for investors to understand that the best time to buy is often now. There is a shortage of available properties, and building costs have increased substantially, which will eventually impact sale prices. Moreover, with a significant influx of immigrants expected and predicted decline in interest rates, buying now can lead to higher rental returns in the future and allow investors to enter the market before prices rise further.

Overall, investors should conduct thorough research on the developer, consider the property's location and convenience, and take advantage of the current market conditions to make informed investment decisions.

[smartcode_project_cta:default project_id=21809]

"This will be one of the preeminent Sydney residential development on this southern end of Hyde Park." 
Urban CEO Mike Bird & CBRE's David Milton discuss Hyde Metropolitan, Sydney's newest landmark tower.

Staff Writer

Why should you buy a new apartment at Sydney's Hyde Metropolitan?

M Property's Oak on High takes centre stage in an ideal location both in the heart of the&nbsp;Preston's thriving southern hub and the quaint Thornbury Village.

Oak on High, an eight-level building with 62 apartments, was designed by Artisan Architects to&nbsp;pay homage to the area's industrial past while also embracing the future of the surrounding residential landscape.&nbsp;

The minimalist and light-filled one, two and three-bedroom apartments boast spacious floorplans, with sustainable design principles seamlessly integrated, enhancing the overall appeal of the amenity-rich and enviable neighbourhood development.

[smartcode_project:default project_id=354 project_image_fid=180531]

The lower levels blend tactile metals and grey-tone brickwork, reminiscent of Preston's historical roots, while the upper levels feature a lighter and more contemporary aesthetic.&nbsp;

The enviable position of Oak on High combines the city's cultural vibrancy, rich heritage, strong sense of community, convenience, and the renowned outdoor living that Melbourne is celebrated for.

[smartcode_project:default project_id=354 project_image_fid=180535]

Situated in close proximity to the southern boundary of Preston, Oak on High effortlessly merges the traditional charm of Preston with the hip and trendy atmosphere of Thornbury.

One, two and three-bedroom floorplans are still available, with each benefitting from a study space. The one-bed apartments are priced from&nbsp;$415,000, with the two-bedders starting from&nbsp;$595,000. The three-bedroom apartments start from $895,000.

[smartcode_project_cta:default project_id=354]

Oak on High, an eight-level building with 62 apartments, was designed by Artisan Architects to pay homage to the area's industrial past while also embracing the future of the surrounding residential landscape

Project Spotlight

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News