The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Ivanhoe

Ivanhoe is&nbsp;one of the most prestigious suburbs in Melbourne's eclectic north-east and&nbsp;The Grounds offers a standard of&nbsp;luxury living that suits the vaunted suburb.

The development has set itself apart by focusing on enhancing the local streetscape and community vibe, while reflecting the quintessential Ivanhoe lifestyle at the core. With more than half of precinct comprising&nbsp;gardens, public spaces, and a central landscaped Village Green designed by Memla, there's plenty of space for those raising or looking to start a family.

As a coveted neighborhood&nbsp;with strong family fundamentals, this speaks to residents expectations with a&nbsp;sense of community sprouting up among open boulevards and green spaces brushing up against the Yarra River.

The Grounds is comprised of an exclusive collection of three apartment buildings, each architecturally designed to respond to their own address; Wilfred, Wamba and The Boulevard. There is also the Oak Terraces, located off Cedric Street, offering a limited collection of townhomes.

Prices start from $1,100,000&nbsp;for a two-bedroom apartment, three-bedroom apartments&nbsp;start at $1,310,000 with a limited selection of four bedroom apartments priced at&nbsp;$2,350,000. The townhouses range from&nbsp;$1,890,000 to $2,400,000.

[smartcode_project:default project_id=5806 project_image_fid=168937]

Just 15 minutes from the CBD, there is plenty to experience nearby with some of Melbourne's premier&nbsp;dining destinations like Upper Heidelberg Road and Templestowe Road minutes away. They are home to&nbsp;famed dining institutions like DamaRose Restaurant,&nbsp;L'Artigiano Ivanhoe, Vasko Restaurant and Darling Dumplings.

Ivanhoe also plays host to a bustling nightlife with local hotspots like The Back Room Bar and historic Ivanhoe Hotel which has been around for more than a century.

Beyond the gardens of The Grounds, there is also a network of green spaces stretching out from the development starting from Ivanhoe and Chelsworth Parks.

[smartcode_project_cta: project_id=5806]

The development has set itself apart by focusing on enhancing the local streetscape and community vibe, while reflecting the quintessential Ivanhoe lifestyle at its core

jordan_55689

Rightsizer's set their sights on The Grounds in prestigious Ivanhoe East

The Melbourne developer Samma Property Group are embarking on their flagship Ivanhoe development, Samma Place, after spending the last two to three years planning out the community.

The first residential part of Samma Place is Linden, a collection of 134 apartments, in the first of four buildings on Bell Street.

There will be four buildings in total, with Linden Apartments located in Building A, starting from $435,000 for the one-bedroom apartments.

Samma, founded by Sam&nbsp;Abdelmalak&nbsp;in 1995 and led by Sam&#39;s sons Joshua, Daniel and Simon, has engaged the award-winning architecture, interior and urban planning firm, Peddle Thorp, to design the building,&nbsp;introducing lush greenery into its wider surrounds.

Private landscaped balconies will look across to the Melbourne skyline.&nbsp;

The communal terrace on Level 10 is a highlight at Linden, comprising an outdoor BBQ and inside dining area, along with a spa and sundeck.

[smartcode_project:default project_id=107731]

Samma&#39;s development director Benjamin Cribb, who has led the project, said he&#39;s looking forward to testing out the outdoor cinema.

&quot;I think when the whole project is finished, it will be a really defining change to Ivanhoe&quot;, Cribb said.

Cribb said that Linden stands out for its large apartments, designed to meet Better Apartment Design Standards (BADS) and 4-Star GreenStar rating, complemented with cutting-edge design and meticulous landscaping.

&ldquo;Our brief ensures Linden has its own identity with each apartment designed as a &lsquo;backyard in the sky&rsquo;, synthesizing the Australian backyard with contemporary apartments,&quot; Cribb said.

[smartcode_project:default project_id=107731]

&quot;The concept positions living environments and outside spaces as places of comfort and repose, allowing nature to take centre stage.&rdquo;

Linden residents will arrive via a private sheltered driveway leading to a hotel-inspired and porte coch&egrave;re, framed by hanging gardens by landscapers MALA Studio, who were&nbsp;behind the parkland setting for Amanda Levete&#39;s 2015 MPavilion.

&ldquo;Landscaping is also a direct response to the current experience and feel of Bell Street. We want to bring the Ivanhoe lushness to the buildings, at the human interfaces with the built form &mdash; in lobbies, on balconies, in podium areas &mdash; and also the street,&rdquo; said Cribb.

In addition to apartments, Linden will also be home to nearly 1,000 square metres of commercial space, with subsequent stages proposed to include a grocery store, caf&eacute; and offices, offering infinite potential for local business and as a vibrant community.

Demolition is currently underway, with construction soon to commence for an early 2023 completion.

Cribb said that Linden is Samma Property Group&rsquo;s flagship project as it embodies the core values and vision of the group.

&ldquo;Our founder&rsquo;s vision was to design and build using only the finest materials, creating a product that he and his family would be proud to call their own,&rdquo; Cribb said.

About the developer

Samma Property Group was founded in 1995. Within a few years Samma have gained a reputation for exceptional quality and progressed to building extraordinary, luxury homes.

They then applied the same attention to detail with apartment developments, setting a new standard for product quality and customer service. Today, Samma has finished over 40 major projects with a significant pipeline in planning and construction, they apply the same passion and commitment in every project.

Samma&rsquo;s mission statement &ldquo;Improving life in the city of tomorrow.&rdquo; Is to make a positive difference in people&rsquo;s lives no matter where the project is. When you walk into a Samma development, everything comes together in an instant to form an unforgettable first impression &ndash; that it is a wonderful place to live.

The first residential part of Samma Place is Linden, a collection of 134 apartments, in the first of four buildings on Bell Street

Samma Group set for $300 million mixed-use Ivanhoe apartment development, Samma Place

Ivanhoe is part of the&nbsp;City of Banyule,&nbsp;one part of eclectic north-east Melbourne&#39;s, just nine kilometres from the CBD.

The suburb is in large part comprised of established families, in part due to median unit prices upwards of $770,000,&nbsp;significantly higher than the metropolitan Melbourne median unit price of $563,910, a figure calculated by SQM Research.

However, an abundance of amenities, as well as proximity to public transport and major arterial roadways has made&nbsp;it a popular among many&nbsp;demographics. Not to mention its&nbsp;vibrant caf&eacute; culture as well as the ever&nbsp;popular and bustling Upper Heidelberg Road.

Younger couples and those planning a family will be&nbsp;attracted to the two elite private schools,&nbsp;Ivanhoe Grammar School, and Ivanhoe Girls&#39; Grammar School. It is also home to one of Victoria&#39;s oldest state schools, Ivanhoe Primary School, established in 1853.&nbsp;

Ivanhoe has also caught the eye of investors according to Bensons, the team behind Chelsworth, who said properties in the area boast an annual capital growth of six per cent.

Urban has taken a look at some new Ivanhoe apartments that buyers should put on their shortlist.

<h2>Chelsworth, Ivanhoe</h2>

Two-bedroom apartment price: $725,000

[smartcode_project:default project_id=3309 project_image_fid=169303]

Chelsworth is among developer Bensons Property Group&rsquo;s latest developments to be delivered in Melbourne&rsquo;s north-east.

Situated at 1031 Heidelberg Road in Ivanhoe, the project offers 50 apartments in two-bedroom configurations, set between parklands and Ivanhoe&#39;s best transport links to the CBD.

Some of Melbourne&rsquo;s most picturesque parklands are nearby, such as Chelsworth Park, Ivanhoe Park and Wilson Reserve. There&#39;s also the walking or cycling routes; the Main Yarra Trail and Darebin Creek Trail.

Designed by Melbourne-based architects, BG Architecture, the premium development features a combination of face brick and timber cladding finishes that provide a soft visual blend with the surroundings.

<h2>Ivanhoe Gardens, Ivanhoe</h2>

Two-bedroom apartment price: $560,000

[smartcode_project:default project_id=22308 project_image_fid=75053]

Residents at Blue Earth Group&#39;s latest apartment development, Ivanhoe Gardens benefit from more than just the suburb&#39;s inherent amenity.

The development, built across two stages by leading builder Hamilton Marino to designs by CHT Architects, has 13 different entertainment zones.&nbsp;There is&nbsp;over 2,000 sqm of dedicated amenity space.

It is 3.7km away from the Ivanhoe Public Golf Course, as well as the winding Yarra River, which marks the suburbs southern boundary, along which golf courses are dotted along its shores.

For the fair-weather golfer who only hits the greens when the sun is shining, Ivanhoe Gardens is another which offers a virtual golf simulator.

<h2>The Grounds, Ivanhoe East</h2>

Two-bedroom apartment price: $1,100,000

[smartcode_project:default project_id=5806 project_image_fid=168937]

The Grounds is comprised of an exclusive collection of three apartment buildings, each architecturally designed to respond to their own address; Wilfred, Wamba and The Boulevard. There is also the Oak Terraces, located off Cedric Street, offering&nbsp;a limited collection of townhomes.

More than half of the Architectus&nbsp;designed precinct&nbsp;comprises gardens,&nbsp;public spaces, and a central landscaped Village Green.

The Grounds has set itself apart by focusing on enhancing&nbsp;the local streetscape and community vibe, while reflecting&nbsp;the quintessential Ivanhoe East lifestyle.

Extensive gardens and communal open spaces connect the residents to their&nbsp;landscaped surrounds, namely Ivanhoe and Chelsworth Parks.

Ivanhoe has also caught the eye of investors, young families, and established families


Why buyers of every age and lifestyle eyeing renowned Ivanhoe

Chelsworth is among&nbsp;developer Bensons Property Group&rsquo;s latest developments to be delivered in Melbourne&rsquo;s north-east.

Situated at 1031 Heidelberg Road in Ivanhoe,&nbsp;the project&nbsp;offers 50 apartments in two-bedroom configurations, set between parklands and Ivanhoe&#39;s best transport links to the CBD.

Urban has taken a deeper look at what Chelsworth can offer buyers.

1. Sought-after location

[smartcode_project:default project_id=3309 project_image_fid=169303]

Situated in the&nbsp;premium Melbourne suburb Ivanhoe, Chelsworth overlooks leafy treetops and is surrounded by the convenient education, transport and leisure offerings.

The suburb is renowned for its abundance of private and public school offerings, vibrant caf&eacute; culture and the bustling Upper Heidelberg Road.

&ldquo;Prestigious educational facilities and family friendly amenities have made Ivanhoe one of the most highly sought-after suburbs in Victoria&rdquo;, Bensons advise.

2. Designed by local architects

[smartcode_project:default project_id=3309 project_image_fid=169317]

Chelsworth showcases the best of modern architecture, presenting itself as a piece of public artwork and grand complement to the streetscape.

Designed by Melbourne-based architects, BG Architecture, the premium development features a combination of face brick and timber cladding finishes that provide a soft visual blend with the surroundings.

The firm, established by Donna Brzezinski and Adam Grundmann, is recognised for its design adaptability and expectation for high quality.

Past residential projects include&nbsp;Citiplan&rsquo;s Richmond Place in Richmond&nbsp;and&nbsp;ITUM&rsquo;s Hunter Apartments in Prahran.

&nbsp;3. Sophisticated living spaces

[smartcode_project:default project_id=3309 project_image_fid=169313]

Each residence has been designed with a classic, neutral palette, full-height, glass sliding doors and functional floorplans.

&ldquo;The apartments are practical in use and sophisticated in design, embracing an urban, stylish aesthetic,&rdquo; Bensons say.

From their private terrace, homebuyers can soak up sunlight and enjoy views across leafy treetops to the Melbourne CBD.

The kitchens feature European appliances, stone benchtops and custom-designed joinery with a concealed fridge upgrade option.

4.&nbsp;Enviable amenity &nbsp;

[smartcode_project:default project_id=3309 project_image_fid=169316]

Chelsworth is perfectly positioned to enjoy the essence of Ivanhoe living, with lush parklands and green open spaces within walking distance.

Some of Melbourne&rsquo;s most picturesque parklands are nearby, such as Chelsworth Park, Ivanhoe Park and Wilson Reserve. There&#39;s also the&nbsp;walking or cycling routes;&nbsp;the Main Yarra Trail and Darebin Creek Trail.

Residents are also in close proximity to the Ivanhoe Public Golf Course, as well as the Ivanhoe Makers Market and Hatch Contemporary Arts Space.

5. Enter a strong market

[smartcode_project:default project_id=3309 project_image_fid=79486]

According to SQM Research, Ivanhoe has a median unit price of $771,398, significantly higher than the metropolitan Melbourne median unit price of $563,910.

&ldquo;Ivanhoe is home to many established families, while an abundance of amenities, as well as proximity to public transport and major arterials, makes it a popular choice for all ages&rdquo;, Bensons state.

Two-bedroom units have weekly asking rents of $416, a 2.3 per cent per annum change over the last ten years, according to SQM Research.

The marketing materials claim&nbsp;the properties in the area boast&nbsp;an annual capital growth of six per cent.

[smartcode_project_cta: project_id=3309]

Chelsworth is amongst developer Bensons Property Group’s latest developments to be delivered in Melbourne’s north-east.

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Five things we love about Bensons Property Group’s Chelsworth at Ivanhoe

The Melbourne property developer Blue Earth Group has developed a name for itself within the industry for their string of high quality, amenity-laden apartment developments.

Their latest work at their Ivanhoe Gardens apartments in Melbourne&#39;s north-east&nbsp;has seen a big&nbsp;focus on&nbsp;the booming work from home sector, which is expected to continue well past the vaccination rollout.

Part of the development, designed by CHT Architects and built by the leading construction firm Hamilton Marino, is a state-of-the-art, double storey co-working centre.

[smartcode_project:default project_id=22308 project_image_fid=170556]

Upstairs is an open lounge area and private office booths, available to book through the apartment complex mobile app.

There&#39;s also an onsite restaurant with a coffee arbour, giving working home from residents no need to leave the Linden Avenue development.

Young professionals who are&nbsp;likely to only spend a few days in the office for the foreseeable future have been keen on the option of working in the co-working centre, albeit the Melbourne CBD just a short 30 minute drive in.

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Ivanhoe Gardens is made up of two buildings, Bloomfield, which is stage one of the development, and Linden &amp; Arbour, which is stage two.

True to Blue Earth&#39;s track record, Ivanhoe Gardens features a number of further facilities within the two stages. There&#39;s everything from golf simulator&#39;s, poker rooms, gym&#39;s designed and kitted out by Technogym and gardens designed by Jack Merlo.

Read more:&nbsp;<a href="/news/vic/work-live-and-play-at-blue-earth-groups-ivanhoe-gardens-apartments">Entertainment options on offer at Blue Earth&#39;s Ivanhoe Gardens</a>

One-bedroom apartments, which have their kitchen&#39;s designed by renowned chef Adam D&#39;Sylva (co-owner and chef award-winning restaurants Tonka and Coda), start from $462,500.

Blue Earth&#39;s Anthem development in Essendon, with a similar suite of facilities, has nearly sold out.

Read more:&nbsp;<a href="/news/vic/why-would-you-leave-anthem-at-essendon-residents-treated-to-high-performance-living">Why would you leave? Anthem at Essendon residents treated to High Performance Living</a>

There are just a few apartments remaining&nbsp;in the O&#39;Shannassy Street project. With all the one-bedroom apartments sold out, prices start from $572,500 for the two-bedroom, 72 sqm apartments.

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Part of the development is a state-of-the-art, double storey co-working centre



How Blue Earth Group are revolutionising the co-working space at Ivanhoe Gardens apartment development

After following developer Blue Earth Group for a while now, I've been impressed by the creative ways the team delivers extensive amenities while keeping strata costs down – and I've heard Ivanhoe Gardens offers their best amenity list yet.

To learn more about the development, take a look at our recent display suite tour video.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/j6fwht8DflA" title="YouTube video player" width="660"></iframe>

<h2>IVANHOE GARDENS AT A GLANCE</h2>

Developer: <a href="/developers/blue-earth-group" target="_blank">Blue Earth Group</a>

Architects:&nbsp;<a href="/architects/cht-architects" target="_blank">CHT Architects</a>

Builder:&nbsp;<a href="/builders/hamilton-marino" target="_blank">Hamilton Marino</a>

Homes from:&nbsp;$462,000

Location:&nbsp;43 Linden Avenue, Ivanhoe VIC 3079

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Ivanhoe Gardens is situated just off Bell Street, Ivanhoe’s main arterial road. Being located on the suburb’s fringe means a coveted postcode at a lower price point – with a good opportunity for your home to see a value increase in future. Plus, Ivanhoe is a significant employment hub, with Victoria’s largest medical precinct and La Trobe University within a 4-kilometre radius.

The Art Deco and Modernist influences have been woven into the design of Ivanhoe Gardens, as you can see from the globe pendant lights, clean lines and pared-back material palette.&nbsp;

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Blue Earth Group has formed an industry-leading team. The display, built by Hamilton Marino, is constructed by the same company that worked across many of the developer's previous properties and will be facilitating the build of Ivanhoe Gardens. This means you can check the build quality in real life before making your purchase.&nbsp;

In the kitchen, you've got everything from the state of the art appliances to smooth stone benchtops and bespoke cabinetry, complete with a glow of LED strip lighting.

CHT Architects have designed the space to effortlessly flow to open plan living, extending to a private balcony via floor-to-ceiling stacker sliders. Some homes even overlook a stunning central garden designed by acclaimed landscape architecture practice, Jack Merlo.&nbsp;

[smartcode_project:default project_id=22308 project_image_fid=75058]

In the bathrooms, the styling is modern and minimalist, with circular basins, gunmetal tapware and generous walk-in showers.&nbsp;

Another cool feature of these apartments is the access you'll have to the incredible hotel-style amenities. Ivanhoe Gardens features over 3,600 square metres dedicated to on-site facilities, and to visualise that number, that's around 50 apartments.&nbsp;

The team has considered the kinds of amenities residents will get the most use of, with innovative spaces including work sheds, an art room, co-working spaces, and car and dog washing facilities. You'll be able to get groceries delivered with chiller storage available at the on-site click n collect or store your wine in the bookable cellars.&nbsp;

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There are even opportunities to lease spaces within the development to run your own business – including the cafe and massage studio.

To learn about pricing and all the different floorplans available, you can book an appointment to meet with a sales agent via the property listing on Apartments.com.au.&nbsp;

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Olivia Round

Display Tour: Ivanhoe Gardens by Blue Earth Group in Ivanhoe, VIC

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MaxCap Group has closed funding for ‘Ivanhoe Gardens’, a large scale residential project with an end value of $140 million in Ivanhoe Melbourne to be developed by Blue Earth Group (BEG).
MaxCap Group is a Australia and New Zealand’s commercial real estate lender and investment manager.
The MaxCap Funding Facility is for the construction of stage one of the master plan development and it will cover two buildings in the project, to be known as ‘Bloomsbury’ and ‘Everleigh’ comprising of 235 apartments.
The project is well located in the leafy north eastern suburb of Ivanhoe and residents will have direct access to public transport, with a metro train station and bus stops along Bell Street. 
Residential amenities at ‘Ivanhoe Gardens’ will include a wine cellar, cinema, on-site ‘click &amp; collect’, fitness centre, indoor squash court, sauna, game room, golf simulator and co-working space.
Brae Sokolski, Founder MaxCap Group said “MaxCap has a long proud history of funding Australia’s leading private developers. This transaction represents the 14th project we have partnered together with Blue Earth Group.”
Carlton-based Blue Earth Group was founded by Michael and Omran Dib and commenced operations in 1993.
The Group has since grown to become one of Melbourne’s most highly regarded and active developers, with over 2000 apartments in the current pipeline.
“We develop apartments that revolve around people,” said Mr Michael Dib.
“These are beautiful vibrant spaces that draw inspiration from the 21st century lifestyle."
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j.ballantyne1990-6AQqhLzZaK

MaxCap funds Blue Earth Group’s Ivanhoe residential development project

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Imagine your own elevated sanctuary overlooking <a href="/new-apartments/ivanhoe-vic-3079">Ivanhoe’s</a> picturesque village, architecturally designed by IDLE Architecture Studio, with access to world-class amenity within your 20-minute neighbourhood. <a href="/buildings/valia-residences-ivanhoe">VALIA</a> provides a unique resort-style offering, with the practicality of its lock-and-leave design allowing buyers to downsize in style.

The luxurious apartments are available in two and three-bedroom configurations, both of which boast spacious, light-filled bedrooms and open plan living areas, perfect for relaxing and entertaining.

<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/screen_shot_2019-12-04_at_1.37.59_pm.png" rel="gallery-all" title="VALIA exterior facade. Image supplied."><img alt="" class="image-article-full-width-580px" height="301" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.59_pm.png?itok=3Zn47IeO" title="VALIA exterior facade. Image supplied." width="580"></a>

<figcaption>VALIA exterior facade. Image supplied.</figcaption></figure><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/screen_shot_2019-12-04_at_1.37.30_pm.png" rel="gallery-all" title="VALIA apartment bedroom view. Image supplied."><img alt="" class="image-article-full-width-580px" height="302" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.30_pm.png?itok=U9mJFhJU" title="VALIA apartment bedroom view. Image supplied." width="580"></a>

<figcaption>VALIA apartment bedroom view. Image supplied.</figcaption></figure><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/screen_shot_2019-12-04_at_1.37.37_pm.png" rel="gallery-all" title="VALIA apartment bedroom. Image supplied."><img alt="" class="image-article-full-width-580px" height="302" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.37_pm.png?itok=nfbTw73z" title="VALIA apartment bedroom. Image supplied." width="580"></a>

<figcaption>VALIA apartment bedroom. Image supplied.</figcaption></figure><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/screen_shot_2019-12-04_at_1.37.51_pm.png" rel="gallery-all" title="VALIA apartment spacious balcony. Image supplied."><img alt="" class="image-article-full-width-580px" height="297" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.51_pm.png?itok=1phBUe7E" title="VALIA apartment spacious balcony. Image supplied." width="580"></a>

<figcaption>VALIA apartment spacious balcony. Image supplied.</figcaption></figure><h2>INTERIORS</h2>

Interiors designed by award-winning firm <a href="/architects/sjb-architects">SJB interiors</a> encapsulate timeless style and elegance, with a palette of French greys, earthy tones and rustic timber finishes. Every aspect of VALIA’s carefully considered interiors inspires low maintenance living, from the seamlessly integrated shelving to the large built-in wardrobes, freestanding bath and effortless indoor-outdoor flow. Attention to detail also elevates this development including thoughtful features such as fluted glass, custom joinery, integrated ovens, LED strip lighting and a modern fireplace to give the home a central feature piece.

<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/screen_shot_2019-12-04_at_1.37.42_pm.png" rel="gallery-all" title="VALIA apartment bathroom. Image supplied."><img alt="" class="image-article-full-width-580px" height="301" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.42_pm.png?itok=snOl4Ne_" title="VALIA apartment bathroom. Image supplied." width="580"></a>

<figcaption>VALIA apartment bathroom. Image supplied.</figcaption></figure><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/screen_shot_2019-12-04_at_1.37.24_pm.png" rel="gallery-all" title="VALIA apartment custom fireplace. Image supplied."><img alt="" class="image-article-full-width-580px" height="301" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.37.24_pm.png?itok=q1bOHMP-" title="VALIA apartment custom fireplace. Image supplied." width="580"></a>

<figcaption>VALIA apartment custom fireplace. Image supplied.</figcaption></figure><h2>LIFESTYLE</h2>

Residents will be able to enjoy alfresco meals on their expansive garden terraces in the summertime and host lavish dinner parties utilising their luxurious entertainer's kitchen.

<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/screen_shot_2019-12-04_at_1.38.10_pm.png" rel="gallery-all" title="VALIA apartment kitchen. Image supplied."><img alt="" class="image-article-full-width-580px" height="301" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-12-04_at_1.38.10_pm.png?itok=qOy4hTdq" title="VALIA apartment kitchen. Image supplied." width="580"></a>

<figcaption>VALIA apartment kitchen. Image supplied.</figcaption></figure><h2>LOCATION</h2>

The north-facing VALIA apartments are located in a coveted corner position, across the road from Woolworths and only a short walk to Ivanhoe Train Station, Darebin Creek, Ivanhoe Plaza, and the Ivanhoe Library. Enjoy hotel-style living moments from Melbourne’s best eateries, boutiques and discover the exceptional lifestyle Ivanhoe has to offer.

This your opportunity to secure one of the 14 exclusive residences in Ivanhoe’s latest low-rise development, enquire today.
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VALIA apartments provide downsizers with the perfect lock-and-leave lifestyle in Ivanhoe

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Ivanhoe’s Woolworths full-line supermarket and BWS has hit the market with expectations of more than $20 million.
The 3,552 square metre retail asset is located at 72-84 Upper Heidelberg Road.
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Savills Australia’s Benson Zhou, Clinton Baxter, Julian Heatherich and Jesse Radisich have been appointed to market the property.
Zhou said they expected interest from private local and offshore investors. 
“We have three local agents and four Asian Services agents working timelessly on this campaign, and have been extremely busy answering enquiries from overseas and organising inspections,” he said.
“We have received a decent level of interest from Asian investors indicating their willingness to offer more than $20 million. 
“Chinese investors have found a great level of security in the Woolworths brand so we’re also anticipating strong contest from this buyer group, particularly given the premium Ivanhoe location – one of the best suburbs they can expect to buy a full-line Woolworths in Melbourne.” 
Zhou said the long-term lease to Woolworths Limited would be a drawcard for prospective buyers. 
“The 15-year lease covenant with six five-year options to renew is a secure investment proposition, generating a net income of about $917,078 per annum,” he said.  
Baxter said a recent $4.9 million upgrade to the premises was another key selling point.
“The asset presents significant depreciation benefits of about $14.5million,” he said. 
The property includes 178 basement car parks on title. 
Zhou said the retail catchment area would grow in line with the suburb’s population. 
“The City of Banyule’s population is forecast to grow to 147,098 by 2036,” he said. 
“As a result, there is increased residential development in the area, and a gradual upward trend in the value of building approvals.” 
Expressions of interest close Wednesday, April 10 at 2pm.
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Woolworths supermarket in Ivanhoe listed with $20 million expectations 

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A corner development site in Melbourne's Ivanhoe has hit the market with price expectations of $6 million plus.
The <a href="https://www.realcommercial.com.au/property-land+development-vic-ivanhoe-503103906" target="_blank">corner block</a> at 20 Lower Heidelberg Road and 95 Waterdale Road offers a chance to create a residential project in a tightly held area.
Savills Australia’s Jesse Radisich, Julian Heatherich and Benson Zhou have been appointed to sell the landholding.
They said they are expecting local and offshore interest. 
Savills sold the adjoining site 24-26 Lower Heidelberg Road for $14.5 million in late 2017.
Radisich said it was an indication of the high demand in the area. 
“We expect strong interest from a wide range of developers,” Radisich said. 
“Ivanhoe is a truly premium and tightly held suburb, with major development opportunities extremely hard to come by, particularly positioned in such close proximity to the elite Ivanhoe Grammar School.”
The site features a combined 142 metre street frontage, including rear laneway access.  
Heatherich suggested the landholding presents developers with the opportunity to deliver a project of significant scale.
"They will have the benefit of favourable planning parameters and a consistently high level of residential demand,” Heatherich added.
The site is within close proximity of shopping centres, elite schools and public transport options. 
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