Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Clayton South

ASX-listed property developer Cedar Woods has achieved topping out of its final residential building in its Clayton South community, Jackson Green.&nbsp;

The Aster Apartments will add to the three existing residential buildings in the $230 million masterplan Jackson Green, which also includes 151 townhomes across 6.5 hectares.

Launched in July 2020, Aster Apartments received interest from both first home buyers and investors during and after the COVID-19 pandemic, with the building achieving 86 per cent sell-through in October this year.

[smartcode_project:default project_id=4124 project_image_fid=187628]

Cedar Woods’ Victorian Development Director James Bovell says the success of Aster Apartments demonstrates the strength and resilience of Melbourne’s suburban apartment market.

“We’ve seen strong and consistent demand for apartment living outside of the CBD and city fringe areas, with many purchasers wanting to pursue a low-maintenance lifestyle with a community feel – especially with the emergence of hybrid work,” said Bovell.

“Aster Apartments offers a low-maintenance alternative to a standalone home and caters to a wide range of purchasers, who are increasingly looking to be part of an established community development in close proximity to lifestyle outlets, schools, and green space.”

[smartcode_project:default project_id=4124 project_image_fid=203080]

The Jackson Green development has been designed with sustainability in mind, with features double glazing, a photovoltaics system which will provide power and lighting to communal areas, a water reuse system, communal electric vehicle charging, and Tesla ride share program, elements which Bovell says speak to the future of what purchasers will look for when purchasing a home.

“By placing sustainability at the heart of Jackson Green we have been able to deliver a community that benefits both the residents of Jackson Green and the broader community of Clayton South,” said Bovell.

Comprising 128 one, two and three-bedroom apartments, Aster Apartments are set across three buildings, with open-plan layouts, private courtyards and balconies and stainless steel appliances.&nbsp;

[smartcode_project:default project_id=4124 project_image_fid=203081]

The development is well serviced by existing infrastructure such as Monash University, Monash Medical Centre, Clayton Shopping Centre, two train stations, cafes, restaurants, hospitals, golf courses and some of Melbourne’s best recreational trails.&nbsp;

Aster is also on the doorstep of the Monash Employment Cluster, which boasts the largest concentration of jobs outside of Melbourne CBD.

Internal fit outs of the Aster Apartments is now underway, with an anticipated completion date of February 2023.

[smartcode_project_cta:default project_id=4124]

Launched in July 2020, Aster Apartments received interest from both first home buyers and investors during and after the COVID-19 pandemic

alisonwarters@gmail.com

Cedar Woods top out final residential building in Jackson Green, Clayton South community

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Featuring 128 apartments across three buildings, Aster Apartments is a collection of one, two and three-bedroom apartments set across seven levels.

Belonging to a larger 6.5-hectare masterplanned community, this unique residential development offers a range of townhomes and apartments with the convenience of nearby retail, employment and education opportunities.  

Urban takes a look at eight reasons we’re inclined to buy a brand-new Aster Apartment in Clayton South.

[smartcode_project:default project_id=4124]1. Developed by Cedar Woods

Aster Apartments is delivered by Cedar Wood, a leading national developer of residential communities.

The developer boasts a long pipeline of other quality projects in Victoria, including Lincoln Apartments, St.A and Marshal Place.

Established in 1987, Cedar Woods has won numerous awards for its residential projects.

2. You can save thousands if you buy this month

Eligible for the $15,000 HomeBuilder Grant, homebuyers can save thousands on a new home in Aster Apartments.

Cedar Woods Developer Boost: In addition developer Cedar Woods is matching the government’s $15K HomeBuilder Grant with an additional $15k Boost until the end of March.

3. The final release of a masterplanned community

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south"><img alt="" height="1182" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aster_apartments_2.jpg" width="1600"></a>

Forming part of the $230 million Jackson Green development in Melbourne’s south-east, Aster Apartments’ modern residences embrace community living and open, green space.

The 6.5-hectare project, set to deliver 151 new houses and 400 apartments encompassing a central park, was named ‘Development of the Year – New Communities’ at the Urban Developer Awards.

4. Prime open space designed by MDG

Situated across from Jackson Green’s central park, Aster boasts a prime location that delivers open space and a beautiful landscape.

Designed by MDG, the development’s considered landscaping promotes healthy, active living, with over 4,700 sqm of public open space.

A recreation hub is located at the doorstep of the complex, featuring a dog park, the Dierring trial, basketball courts and other outdoor facilities.

5. Beautifully crafted spaces

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south"><img alt="" height="892" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-03-04_at_10.22.01_pm.png" width="1322"></a>

Designed by DKO Architecture, each apartment at Aster offers a sophisticated style and functional design.

Aster homes boast abundant natural light, high-quality finishes and generous balconies that overlook manicured gardens.

These beautifully crafted spaces provide the ideal setting for entertaining friends and family or enjoying a relaxing moment amongst nature.

6. Amazing location

A hub for healthcare and education, Clayton South’s latest masterplanned community occupies a privileged position nearby amenities and infrastructure.

Located just 20-kilometres from Melbourne CBD, commuting from Aster is a breeze with public transport connecting residents to employment opportunities and the world-leading Monash University.

7. Sustainable features

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/ADWvST3VQqU" width="560"></iframe>

Delivered by Cedar Woods and designed by DKO, Aster has focused on green design to appeal to environmentally conscious investors and lessen the development’s impact on the surrounding communities.

The homes include sustainable inclusions like double glazing, solar PV in communal areas, electric car charging facilities, rainwater reuse systems for irrigation and bicycle storage.

8. One-bedroom apartments start from just $396,800

Unbelievably affordable, Aster Apartments start from just $396,800 for one-bedroom apartments and from $524,000 for two-bedrooms.

Expected to reach completion mid-next year, Aster ticks every box for those looking for a new home.
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Belonging to a larger 6.5-hectare masterplanned community, this unique residential development offers a range of townhomes and apartments with the convenience of nearby retail, employment and education opportunities

max.kwok_55688

Eight reasons Clayton South's Aster Apartments should be on your shortlist

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Aster Apartments is the final residential release within Cedar Woods' new up-and-coming community, Jackson Green, in Melbourne's Clayton South. Recently we were invited to take a tour of the display suite to get an idea of the brand new collection of residences now available for sale. 

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/ADWvST3VQqU" width="660"></iframe>

<h2>ASTER APARTMENTS AT A GLANCE</h2>

Developer: <a href="/developers/cedar-woods">Cedar Woods</a>

Architect: <a href="/architects/dko-architecture">DKO Architecture</a>

Location: 456 Haughton Road, Clayton South VIC 3169

Number of residences: 128

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south"><img alt="" height="3627" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aster-apartments-456-haughton-road-clayton-south-0d09267e815a36f566112b3c395277a9.jpg" width="7606"></a>

Since Aster will be the final development to join the community, we anticipate this collection of apartments to be in high demand. From the engineered timber flooring to the opulent floor-to-ceiling glazing, no expense has been spared to deliver a collection of homes the Cedar Woods team can be proud of. 

The kitchens feature integrated stainless steel appliances and minimalist storage, with recessed LED lighting to illuminate the gas cooktop. The island benches include large sinks with modern chrome tapware and overhead cupboards provide a practical storage solution. Each bathroom includes an ultra-modern fully tiled walk-in shower, with brushed stainless tapware and dual showerheads. 

The design palette is customisable, with future-focused timeless materials giving you the ultimate low maintenance lifestyle.

Open plan living areas flow seamlessly to the private courtyards and balconies, giving you the perfect space to dine and relax throughout the year, enjoying Melbourne's fantastic climate. 

<a href="/buildings/aster-apartments-456-haughton-road-clayton-south"><img alt="" height="5651" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aster-apartments-456-haughton-road-clayton-south-87097eb153e449c96ad729d990995777.jpg" width="5400"></a>

Aster apartments are minutes from Clayton and Monash, and just a short drive you'll find Australia's leading shopping precinct, Chadstone Shopping Centre and Melbourne CBD. 

To speak with an agent about the Aster Apartments available for sale, <a href="/buildings/aster-apartments-456-haughton-road-clayton-south">request a call via Urban today</a>, but be in quick as this is the final release of properties at Jackson Green. 
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Olivia Round

Urban's tour of the Aster Apartments display suite

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Cedar Woods Properties has unveiled the next stage of its master planned Jackson Green development in Clayton South with the launch of Huntington Apartments. 

Located 20 km from Melbourne’s CBD on the site of the former Sigma Pharmaceuticals complex, Jackson Green is a 6.5-hectare site comprising 151 new houses and 400 apartments around a central park in Clayton South.

Huntington Apartments will join Wattle Apartments (completed earlier in 2018) and the under construction Gardenia Apartments on the redeveloped brownfield site and will be the largest apartment building in the development to date.

Rising nine-storeys on the corner of Centre Road, it will feature 165 residences spread across two buildings designed by DKO Architecture and will comprise a collection of one, two and three bedroom apartments, ranging in size from 52-101 sqm.

<blockquote>
"Jackson Green is a boutique community of high density terraced homes set around a beautiful central park that is poised to set a new standard for living in Clayton South. DKO has created a master plan that combines spacious three and four-bedroom town homes and contemporary apartments. Catering to a diverse community, this brownfield development will embody all the ideals associated with life in the leafy south eastern suburbs of Melbourne."

- DKO Architecture
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/180925_-_huntington_apartments_exterior_final_labelled_jpeg.jpg" rel="gallery-all" title="The dual-building Huntington Apartments at Jackson Green. Image: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="293" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/180925_-_huntington_apartments_exterior_final_labelled_jpeg.jpg?itok=dpW1a6c8" title="The dual-building Huntington Apartments at Jackson Green. Image: Cedar Woods" width="580"></a>

<figcaption>The dual-building Huntington Apartments at Jackson Green. Image: Cedar Woods</figcaption></figure>Huntington Apartments aims to build on the growing trend towards creating communities within apartment developments through the provision of  a host of common areas and facilities such as a gymnasium and landscaped podium courtyard connecting the two buildings, in addition to a rooftop garden and BBQ area.

Cedar Woods expects Huntington Apartments will appeal to growing demand from investors, downsizers and first-home buyers. The developer's confidence in the project has been reinforced with over 26 per cent of apartments already sold since the sales launch at the beginning of February 2019.

A large aspect of Jackson Green's appeal lies in its connectivity - the project is well serviced by existing infrastructure such as Monash University, Monash Medical Centre, Clayton Shopping Centre, two train stations, cafes, restaurants, hospitals, golf courses and recreational trails.

Additionally, Jackson Green is located on the doorstep of the <a href="https://vpa.vic.gov.au/project/monash-employment-cluster/">Monash Employment and Innovation Cluster</a>, which boasts the largest concentration of jobs outside of the Melbourne CBD and includes employment hubs such as the Monash Medical Centre and Monash University.

The recently completed Central Park provides Jackson Green residents with green space to cater to the growing population and surrounding neighbourhoods.

Residents will also have direct access to the new Clayton Road community space along the elevated rail developed by the Level Crossing Removal Authority, which forms part of the linear park and a 17-kilometre walking and cycling path.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/201811_aspect-studios_caulfield-dandenong-rail_peter-bennetts-photography_0415-1.jpg" rel="gallery-all" title="Caulfield -Dandenong Rail Crossing Removal. Image: Peter Bennetts via Aspect Studios"><img alt="" class="image-article-full-width-580px" height="694" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/201811_aspect-studios_caulfield-dandenong-rail_peter-bennetts-photography_0415-1.jpg?itok=C1effX-i" title="Caulfield -Dandenong Rail Crossing Removal. Image: Peter Bennetts via Aspect Studios" width="580"></a>

<figcaption>Caulfield -Dandenong Rail Crossing Removal. Image: Peter Bennetts via Aspect Studios</figcaption></figure>According to a Council report, the City of Kingston is estimated to grow by 24,000 people over the next 15 years, with apartments expected to make up 16 per cent of homes in the municipality by 2031. This is a relatively new trend, with buyers increasingly attracted to the lifestyle associated with apartment living, such as low maintenance homes, modern-style living and established amenities.

According to Cedar Woods, Huntington Apartments are due for completion in mid-2020.

<blockquote>
“We are already experiencing strong demand for these apartments due to the growing popularity of apartment living in the south east and proximity to Monash University. A tight rental market, with vacancy rates currently sitting at 1.9 per cent, points towards high demand and strong rental return for investors.

As high rise living becomes more popular, it’s important that we think about the community element in the design. Therefore, we’ve incorporated a number of communal areas and facilities for residents to replace the traditional suburban garden and act as an extension to the home.

The area is popular with owner-occupiers and tenants who are both attracted to a low-maintenance lifestyle that is close to employment opportunities and amenities in the middle-ring south-eastern suburbs."

- Lloyd Collins, Cedar Woods State Manager
</blockquote>
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Laurence Dragomir

Cedar Woods launches Huntington at Jackson Green in Melbourne's South-East

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As Melbourne continues to experience unprecedented levels of population growth, housing affordability and urban sprawl are amongst some of the greatest challenges facing the city, with traffic congestion and long commute times on the rise. 

In response to this, the 20-minute city concept was proposed as part of the solution to addressing some of these issues and one which is increasingly being realised in Melbourne’s inner and middle ring suburbs with many choosing to live, work and play in close proximity.

Additionally many are adopting apartment living as a means of entering the housing market as an affordable alternative to traditional housing or renting.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20min_neighbourhood.png" rel="gallery-all" title="The 20 minute neighbourhood. Image : DTPLI"><img alt="" class="image-article-full-width-580px" height="479" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/20min_neighbourhood.png?itok=4xhgb5ND" title="The 20 minute neighbourhood. Image : DTPLI" width="580"></a>

<figcaption>The 20-minute neighbourhood. Image: DTPLI</figcaption></figure>The 20-minute concept is one of the core focuses of the Andrews government’s Plan Melbourne blueprint for 2050, with the idea of creating a series of ‘20-minute neighbourhoods’, where people can access everything from work, recreation, schools and medical care all within 20 minutes from home. 

This has been evident in Cedar Woods' St Albans master planned community St.A, where a number of sales have gone to buyers wanting to live close to the amenity offered within the suburb.

The Maple Release, the latest release in St.A, is already 80 per cent sold since launching in March and so far the majority of sales have been to the owner-occupier market.

Phung Nguyen, a 28-year-old radiographer, and her partner recently purchased a four-bedroom townhouse in St.A, primarily due to its close proximity to her workplace as well as the best shops and amenity in the area.

<blockquote>
Our reasons for purchasing a property in St.A came down to the location. I work in several different hospitals in the western areas and this played a huge role in the locations we were looking at.

We plan on spending a majority of our time living locally. St.A is pretty much in the heart of the suburb, we will look to utilise local services on Alfrieda Street for day-today tasks such as dining out, groceries and the medical centre.

- Phung Nguyen
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/st_albans.jpg" rel="gallery-all" title="Cedar Woods' St A development takes advantage of the 20-minute concept. Image : Cedar Woods"><img alt="" class="image-article-full-width-580px" height="347" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/st_albans.jpg?itok=lFoBb3Jw" title="Cedar Woods' St A development takes advantage of the 20-minute concept. Image : Cedar Woods" width="580"></a>

<figcaption>Cedar Woods' St A development takes advantage of the 20-minute concept. Image: Cedar Woods</figcaption></figure>In response to the issue of housing affordability Cedar Woods' other current master planned development - Jackson Green in Clayton South - has seen buyers choosing to buy an apartment instead of renting, with over 40 per cent of owner-occupier purchasers in Gardenia apartments first home buyers.

According to Cedar Woods Chief Operating Officer Patrick Archer, Gardenia apartments offer buyers, particularly young couples genuine chance to enter the property market.

Eloise Wilmann, a 27-year-old student and administration worker, and her fiancée Alex Lewis were tired of Melbourne’s expensive and unreliable rental market, and made the decision to purchase their first property together, a two-bedroom apartment at Gardenia for $539,000.

<blockquote>
Our mortgage repayments are likely to be around $2,200 per month, only slightly more than our $1,900 monthly rent in Clayton, and we don’t have to worry about being forced to move out with little notice or rental increase – which was due at our next lease renewal.

Both traditional houses as well as townhouses have always been out of our price range. We were delighted when we found the Gardenia apartments, they were still large but offered us a way in. My partner and I have wanted to enter the property market for some time now, but had not been in the right financial situation nor found somewhere we would be happy with. We love living in Clayton and wanted to purchase a property around this area that was affordable and suitable for our two dogs.

- Eloise Wilmann
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cwp007_gardenia_v03_courtyard_1200x550_0.jpg" rel="gallery-all" title="Gardenia Apartments at Jackson Green, Clayton South. Image : Cedar Woods"><img alt="" class="image-article-full-width-580px" height="266" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/cwp007_gardenia_v03_courtyard_1200x550_0.jpg?itok=_66MUW1C" title="Gardenia Apartments at Jackson Green, Clayton South. Image : Cedar Woods" width="580"></a>

<figcaption>Gardenia Apartments at Jackson Green, Clayton South. Image : Cedar Woods</figcaption></figure>A large factor in making the move to an apartment from a traditional house was the ground floor offerings at Gardenia compensated with a yard of similar size to most townhouses, says Wilmann.

Gardenia apartments range from 54 sqm to 78 sqm, with some including outdoors areas of up to 100 sqm.
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Cedar Woods tackles Melbourne's growing pains at its St Albans and Clayton South projects

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A Chinese development company has snapped up a Clayton South mixed-use site for $10,980,000.
CBRE negotiated the sale of 1380-1388 Centre Road on behalf of Elco Foods.
The 6,378sqm site is an industrial building utilised by the food importer.
The sale price represents a land rate of $1,722 per sqm – a strong result linked to growing demand for strategically located landholdings capable of townhouse or mixed-use development.
There were nine offers at the conclusion of the campaign, five of which were from Asian parties.
CBRE noted larger scale townhouse development opportunities are extremely popular in the market at present, driven by the big four banks’ willingness to provide funding for this sector and the rapid growth in median house prices in the middle and outer suburbs placing affordability pressures on free standing dwellings.
Cedar Woods is completing a significant townhouse development called Jackson Green in Clayton South.
Abacus Property Group has recently sold a major landholding on Browns Road for $51.5 million to a Chinese buyer.
Director of Elco Foods, Emmanuel Kotis had a valuation in May 2015 at $4.9 million.
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