The final apartments in the most recently completed new development in Balwyn present some of the largest and most exclusive ever delivered in one of Melbourne’s most established and character-rich neighbourhoods.

Boutique developer&nbsp;<a href="https://www.apartments.com.au/developers/wulff-projects">Wulff Projects</a>,&nbsp;alongside partner <a href="https://www.apartments.com.au/developers/pga-group">PGA Group</a>, has just finished <a href="https://www.apartments.com.au/buildings/threadneedle-balwyn-1-5-threadneedle-street-balwyn-vic-3103">Threadneedle</a>, 17 home-sized residences designed completely for the owner-occupier.

Named after its location on Threadneedle Street, the new project has been shaped by the heritage fabric of Balwyn. It offers two low-rise buildings of eight and nine apartments respectively, designed to emulate traditional standalone homes.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355582]

John Scaramuzzino, Director at <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, explains the design intention.

“Given the quiet residential character of the street with many homes dating back to the 1930s and 1940s, we approached Threadneedle wanting to appear less as a collection of apartments and more as a traditional residence. This led to creating not one but two buildings that could “breathe” with larger garden-based apartments functioning more like small homes.”

[smartcode_project:default project_id=27816 project_image_fid=355605]

The north-facing residences are nestled among extensive landscaped gardens by Ben Scott Garden Design, with over one-third of the site dedicated to greenery. The resulting setting is one of calm seclusion, where architecture and landscape work in tandem to offer immediate liveability.

With construction now complete, the final apartments include a top-floor, single-level penthouse residence priced from $2.8 million. This home offers three bedrooms, a dedicated study, two bathrooms plus powder room, and three car spaces with an oversized storage room.&nbsp;

Interiors prioritise spatial comfort and natural light, with three-metre-high ceilings, oversized internal doors and a full-width terrace oriented to the north, east and west.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355604]

Floor-to-ceiling double-glazed windows ensure thermal performance across seasons, supported by automated external blinds, zoned heating and cooling, and a fireplace for added ambiance.

Each apartment has been individually designed to maximise privacy and garden outlooks. Kitchens combine refined finishes with practical considerations: stone benchtops, butler’s pantry, full-height joinery and concealed rangehoods.&nbsp;

The inclusion of dedicated home offices responds to contemporary living patterns, while bathrooms feature sculptural bathtubs and brushed nickel fixtures.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355590]

Threadneedle also integrates best-practice sustainability measures, achieving a 7 Star average NatHERS rating. Initiatives include solar PV systems, rainwater harvesting for toilet flushing and irrigation, and high-performing building insulation. These elements enhance daily comfort while reducing ongoing maintenance and energy demand.

"We believe Threadneedle sets a new standard of design excellence and building quality for Balwyn,"&nbsp;Scaramuzzino added.

"It’s an architectural response we’re particularly proud of, and one we’re sure residents will be equally proud to call home."

[smartcode_project_cta:default project_id=27816]

Staff Writer

Final homes remaining as Threadneedle, Balwyn completes construction

Joel Robinson

Sydney's top 15 new apartments developments set to launch in 2026

Developer-builder <a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a> has pushed beyond the now-standard inclusions of rooftop pools and landscaped podiums at its recently launched new Epping project, Senso.

It has laid out over 4,000 sqm of resident-only amenity in a move designed to compete directly with low-density housing on livability, not just density. The result is a development that supports genuine daily use through purposeful spaces distributed across its five-building, 479-apartment precinct.

[smartcode_project:default project_id=134954 project_image_fid=4396]

Two rooftop pools form the anchor of Senso. One is a 27-metre lap pool adjoining a heated spa, designed for everyday fitness rather than just summer leisure. The second sits on a lower podium, allowing different buildings to share in vertical access and reducing crowding during peak times.

It is the secondary spaces that start to distinguish Senso from other large-scale suburban projects. A rooftop cinema is integrated into a landscaped terrace, offering open-air screenings with natural ventilation and passive cooling.&nbsp;

The inclusion of a “sensory walk”, an elevated boardwalk that threads through the site, suggests a rare investment in non-commercial, non-essential amenity: space for quiet movement that doesn’t double as access or traffic circulation.

[smartcode_project:default project_id=134954 project_image_fid=4402]

The gym and wellness centre, often relegated to a small ground-floor room in many builds, takes on more substance here. Residents have access to a fully equipped gym, as well as outdoor yoga areas and meditative zones that integrate greenery and natural light.&nbsp;

The Club Lounge is similarly designed to support multiple use cases, with a private dining terrace, kitchenette, workspace, and lockable wine storage. These aren’t superficial additions; their scale and spatial allocation indicate serious intent for frequent resident use.

[smartcode_project:default project_id=134954 project_image_fid=4391]

Importantly, Senso’s amenities are embedded within a site that spans more than 10,000 sqm, allowing for better separation between spaces and reduced noise spillover, a critical but often overlooked factor in high-density developments. This spatial generosity also enables multiple alfresco kitchens and communal terraces without compromising individual privacy or usable space.

While many developments make claims about lifestyle, few back it with this level of built infrastructure. Senso’s mix of dedicated fitness, wellness, social and passive green spaces suggests a conscious response to the post-pandemic shift in housing expectations, especially among owner-occupiers.&nbsp;

DASCO is one of several leading developers who have taken out Resilience Insurance's Latent Defects Insurance policy, providing buyers with a 10-year structural and waterproofing warranty, and giving them the ultimate peace of mind.

Senso is scheduled for completion in late 2028.

[smartcode_project_cta:default project_id=134954]

The outdoor amenities elevating life at Senso, Epping

Following the proposal by the Minns Labor Government to rezone Parramatta Road to create up to 8,000 new homes, prominent developer Ceerose has gone to the NSW Gov to increase the density of its new mixed-use residential building in Leichhardt.

<a href="https://www.apartments.com.au/builders/ceerose">Ceerose</a>, founded by Edward Doueihi nearly three decades ago, has filed plans for 154 apartments above ground-floor retail at 307-315 Parramatta Road, a key corner site near Norton Street, the main high street strip in Leichhardt.

It's an upsize from the previously approved scheme of 63 apartments across a seven-storey building.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="ba1ae75b-5f08-43fb-b8d5-3de6d9f6ef71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.39%E2%80%AFAM.png?VersionId=yA3hBBLPH4ev7MsAE0_hieXeqiFqBUb7" />

The project is being advanced through the State Significant Development (SSD) pathway, with concurrent rezoning sought to facilitate the proposal. The 10-storey development would rise over a four-level basement and deliver two retail tenancies, one a larger-format offering and the other a smaller “hole in the wall” space, addressing the Parramatta Road frontage. 21 of the apartments are dedicated as affordable housing.

According to the Urban Design Report by Architecture AND, the scheme includes a podium and tower configuration, with a fine-grain, two-storey parapet street wall that references the traditional shopfront rhythm along the corridor. “An elegant tower form is proposed, combined with a characterful two storey frontage... articulating it as two related buildings, providing consistency with the rhythm and grain of Parramatta Road,” the report notes.

The residential component is split across two slender towers set back from the street edge, a design move aimed at preserving solar access and reducing perceived bulk. This massing strategy also seeks to improve residential amenity by focusing scale toward the quieter northern interface, away from Parramatta Road’s noise and pollution.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="347f2f8f-5d36-4388-b40a-2e77380b9c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.02%E2%80%AFAM.png?VersionId=xvyUE2ujT1lzivXTo.mHBJFF4SmfgLtz" />

Architecture AND has worked with Ceerose on previous Inner West projects, and cites a deep familiarity with the local character. Their design draws heavily on context, heritage, and sunlight access considerations, and engages with the Inner West Council’s “Our Fairer Future” strategic planning framework.

The site spans 2,712 sqm and is located near key intersections with Catherine Street, Hay Street, and Redmond Street. It adjoins a public carpark to the north and is within walking distance of Stanmore and Petersham stations. It is also flagged in state and local planning strategies, including the Parramatta Road Corridor Urban Transformation Strategy, as a suitable candidate for increased density.

Ceerose recently completed The Alex Collective on McEvoy Street in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay.

The Parramatta Road corridor is coming to life with the proposed rezoning which is serviced by a significant number of bus, light rail and train routes.

Deicorp is progressing with its $1.8 billion <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> precinct on Parramatta Road in Five Dock, as is <a href="https://www.apartments.com.au/news/nsw/toga-to-push-on-with-five-dock-mixed-use-masterplan">TOGA further down the street</a>. Those two projects alone will bring nearly 2,000 new homes to Parramatta Road.

First look: Ceerose plots mixed-use Leichhardt development on Parramatta Road

North Sydney's landmark 'SBS Building' on Alfred Street is set to be demolished to make way for a new mixed-use residential tower in the booming North Sydney.

Commercial property group FiveX is behind the plans for a <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">39-storey tower</a>, the latest project to advance under the NSW Government’s Housing Delivery Authority pathway.

They are proposing 184 apartments above retail spaces, which will replace the existing 20-storey commercial building. FiveX was set up more than five decades ago by Joshua and Marko Berger. It is currently led by Joshua's son Lesli.&nbsp;

<img alt="First look: Fivex plans 39-storey residential tower at 275 Alfred Street, North Sydney" data-entity-type="file" data-entity-uuid="2efa0980-53fa-4cca-9f9e-9c3c845d4746" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29%20%281%29_0.png?VersionId=y_YyPMq3NQLfYRs84pP4os9UgWiMLp75" />

According to the Architectural Design Report by <a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>, the slender tower form has been deliberately designed to respect the site's transitional setting at the southern gateway to the North Sydney CBD, where high-rise towers give way to lower-scale residential precincts.

"The slender tower form and articulated podium establish a respectful relationship with nearby heritage and low rise buildings, including the Whaling Road Heritage Conservation Area,” the architecture firm noted, adding that the tower “completes a missing link in the urban fabric” while enhancing the Alfred Street streetscape.

The proposed building will include a mix of one-, two- and three-bedroom apartments, with 15 percent of the gross residential floor area allocated as affordable housing. There is an agreement already in place that those apartments will be managed by Evolve Housing.

The project aligns with broader state housing objectives, including the National Housing Accord target of delivering 1.2 million new homes by 2029. The Scoping Report filed with the State Significant Development Application (SSDA) suggests the site "presents no impediments to rapid delivery,” with construction able to commence within 12 months of receiving consent.

North Sydney has been one of the most popular suburbs in Sydney for new and off the plan apartment development, but hasn't had the supply to keep up with demand, until recently.

AURA by Aqualand was, for a long time, the only off the plan apartment building on the market. That completed last year, and has sold the majority of its 386 luxury apartments. Recently ALAND launched <a href="https://www.apartments.com.au/new-apartments/the-walden-173-179-walker-street-north-sydney-nsw-2060">The Walden</a> on the same street, selling over $100 million within just a few hours of its launch, while developer CASA also launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a>&nbsp;in the same precinct.

First look: Fivex plans 39-storey residential tower in booming North Sydney

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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