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

Ivanhoe East

As one of Melbourne's most coveted suburbs, it doesn't often come easy to secure a home in Ivanhoe East.

National property developer, JWLand are making it that little bit easier for buyers however, offering the chance to secure a residence in their latest luxury development with just a $10,000 deposit.&nbsp;

The group have created something special with The Grounds, Ivanhoe East, bringing together a collection of refined apartments, kitted out with the finest of inclusions, from SMEG kitchen appliances to a 50-bottle Vintec wine fridge, embraced by greenery through thoughtfully composed gardens.

And with prices starting from $995,000, buyers will only have to pay the remaining balance upon settlement, which is slated for early 2023 with construction nearing completion.&nbsp;

[smartcode_project:default project_id=5806 project_image_fid=168937]

Designed by an award-winning team from Architectus, The Grounds have been scaled to blend seamlessly with the verdant surrounds, offering views to the landscaped gardens and city skyline.

A remaining selection of two, three and four-bedroom apartments are available within The Grounds, with floorplans spanning 92 sqm through to 186 sqm.&nbsp;

Internally, each of the apartments balance a generosity of space with functionality, complete with engineered timber flooring, natural white walls and windows that disappear into the ceiling, inviting ample natural light in.

A small number of townhomes are still available as well, with the Oak Terraces offering a limited collection of two level residences in The Grounds inspired by the grand homes of Ivanhoe East.&nbsp;

[smartcode_project:default project_id=5806 project_image_fid=168930]

The remaining three-bedroom townhomes span from 147 sqm through to 198 sqm, with expansive living areas across the ground floor and private retreats in the upper levels.

With floorplans designed to adapt to individual lifestyles, extended living zones and a spacious landing on the upper levels are incorporated to accommodate another lounge retreat, home office or media room.&nbsp;

The two level homes also feature independent entries, outdoor terraces to both levels and a lockable garage for two cars.

Façades of brickwork, textural concrete render and Monument-finished metals establish a timeless identity to the homes, while blending seamlessly with the surrounding neighbourhood.&nbsp;

[smartcode_project:default project_id=5806 project_image_fid=168933]

Situated within one of Melbourne’s most coveted neighbourhoods, Ivanhoe East is renowned for its parklands, waterways and rolling hills. The suburb follows the course of the Yarra River, flanked by wide swathes of green with extensive bushland reserves and sports fields - while still only being just over 20-minutes from the CBD.&nbsp;

[smartcode_project_cta:default project_id=5806]

It's not everyday buyers can secure a residence in Ivanhoe East with just a $10,000 deposit - but JWLand have recently launched the incentive in their latest luxury development, The Grounds - with the offer almost too good to pass up. 

alisonwarters@gmail.com

Buy now into The Grounds, Ivanhoe East with just a $10,000 deposit

The latest luxury development by national developer JWLand, The Grounds in Ivanhoe East, is set to welcome its first residents in early 2023.

Located only nine kilometres north east of Melbourne’s CBD, construction of the trio of apartment buildings and townhomes is at the tail end of construction.

Proving to be popular among local downsizers, JWLand has fast tracked construction of a three-bedroom apartment in the Wilfred building.

No expense has been spared at The Grounds, with premium SMEG kitchen appliances and a 50-bottle Vintec wine fridge set to make entertaining a delight in either of the apartments or townhomes.

[smartcode_project:default project_id=5806 project_image_fid=201412]

Residents will also be able to enjoy luxury inclusions such as heated towel rails and underfloor heating in the master ensuite, making those chilly Melbourne winters more tolerable.

JWLand’s Project Marketing Manager Nick Babic says the fast-tracked display apartment gives both prospective buyers, and those who have already purchased, the most accurate representation of the finished product.

“The completed apartment shows purchasers what they bought,” Babic says.

“We’re getting a number of locals walking through the display and they’re getting a feel for the size and quality of the project when in the space,” Babic added.

[smartcode_project:default project_id=5806 project_image_fid=168932]

Babic said that buyers will have the confidence that the fast-tracked apartment is exactly what will be delivered because JWLand is both the developer and the builder of the project, an uncommon offering which allows them to control the process from start to finish.

“We’re a one stop shop,” Babic added. “There’s only one place buyers need to go to. There’s not the unknown of the builder/developer relationship, or whether the building firm is under pressure in the current labour and materials shortage environment.”

The structures for all three apartment buildings, Wilfred, Wamba and The Boulevard have been completed with internal fitouts well underway. Also nearing completion are the structures for the townhomes, also known as Oak Terraces.

[smartcode_project:default project_id=5806 project_image_fid=168936]

The landscaping by Memla Landscape Architects is one of the most impressive features in this master planned development. More than 15,000 sqm of land has been dedicated to gardens and public spaces, creating a sense of nature and tranquility on residents' doorstep.

Babic says it will really hit home what they’re producing as the landscaping starts to come to life.

“The landscaping is one of the major drivers for this project. Most of the residents will be downsizers from the local area, who have been accustomed to large gardens.

When forming the masterplan for The Grounds, we focused on creating this landscaped environment where residents are still connected to nature, without having to maintain their own gardens.”

[smartcode_project:default project_id=5806 project_image_fid=168935]

JWLand also has a promotion running currently where buyers can secure their apartment or townhouse with just a $10,000 deposit, leaving the rest payable at settlement.

“Traditionally buyers would have to pay 10% on exchange of contract, which can be a significant cash outlay. By offering the opportunity to exchange on just $10,000, we are giving our buyers a few more months to store or save the rest of their deposit.”

Two, three and four-bedroom apartments start from $995,000 while three-bedroom townhomes start from $1.85 million.

[smartcode_project_cta:default project_id=5806]

Buyers are expected to move into the nature-driven project toward the end of Q1 2023

The Grounds, Ivanhoe East to welcome residents in early 2023

Ivanhoe East is a highly sought-after pocket of Melbourne, thanks to the picturesque streets of the north-eastern suburb.

The historic streetscape blends European heritage and modern style, combining community, culture and convenience.

East Ivanhoe Village is awash with charm, a pocket of energy in the heart of the neighbourhood thanks to its shopfronts, caf&eacute;s and independent boutiques.

Melburnians seeking to enter this prestigious market need not look further than JWLand&#39;s development&nbsp;The Grounds, situated on The Boulevard.

The Grounds is an exclusive collection of three apartment buildings, Wilfred, Wamba and the Boulevard, and a limited number of townhomes at Oak Terraces.

Featuring 116 residences in two, three and four-bedroom configurations, the development is primely positioned to take advantage of the range of offerings in Ivanhoe East.

Urban takes a look at six things we love about this suburb.

1. Neighbourhood amenities

[smartcode_project:default project_id=5806 project_image_fid=168937]

From the bustling main streets to tranquil green spaces, The Grounds residents can offer all that Ivanhoe East has to offer.

&ldquo;At your doorstep, healthy outdoor spaces invite exploring, exercise and relaxing close to nature&rdquo;, JWLand&#39;s Project Marketing Manager Nick Babic says.

Nearby, Ivanhoe Park provides the ideal setting for children&rsquo;s play and weekend sports, while Ivanhoe Golf Club and Chelsworth Park are also around the corner.

Other recreational amenities that residents can enjoy include Ivanhoe Aquatic Centre, Olympic Leisure Banyule or Macleod Recreation and Fitness Centre

2. Cultural hub

[smartcode_project:default project_id=5806 project_image_fid=171476]

Forming Melbourne&rsquo;s greenest precinct, rolling lawns, parkland and native reserves bring a community together.

The area&rsquo;s treasured heritage has fuelled its modern-day appreciation of arts and culture,&nbsp;previously known as a hub for renowned Australian landscape artists.

The suburb is&nbsp;now home to the iconic Heide Museum of Modern Art, the Courthouse Museum and many independent galleries that dot the precinct.

3. Green spaces at The Grounds

[smartcode_project:default project_id=5806 project_image_fid=168936]

Within and around The Grounds, a profusion of native and exotic plantings are designed to surround the architecture with calming greenery.

Clusters of native grasses and shrubbery around the base of the buildings give the structures an appearance of floating within the natural parkland setting.

An expansive lawn encourages guests to gather and connect outdoors, while the central courtyard features inbuilt seating and space to bask in the sunshine.

4. Self-contained neighbourhood

[smartcode_project:default project_id=5806 project_image_fid=168933]

&ldquo;Ivanhoe East offers an idyllic lifestyle balance in a self-contained neighbourhood, where you&rsquo;ll walk to everything you need&rdquo;, Babic added.

The neighbourhood features a range of local caf&eacute;s to nurture the community and a diversity of eateries and fresh food providers a few minutes&rsquo; walk&nbsp;away.

Major retail hubs at Ivanhoe Shopping Centre and Heidelberg Central offer a range of retail and dining offerings.

5. Family-friendly development

[smartcode_project:default project_id=5806 project_image_fid=168932]

The affluent suburb places community at its centre, with close to half its residents established and older couples and families.

The development is largely targeted towards maturing couples and semi-retirees, mostly local who are keen to stay in the area.

&ldquo;I think people buy in because it will be a community, it won&rsquo;t be a transient place with 50 for-lease signs up all the time,&rdquo; sales agent Natasha Johnson said.

&ldquo;That&rsquo;s the main attraction &ndash; there&rsquo;ll be no investors here&rdquo;, Johnson added.

The median house price recorded in Ivanhoe East by the REIV for the September 2021 quarter was $2.18 million for homes.

This is significantly higher than the starting price for three-bedroom townhomes at The Grounds, which begin from $1.89 million.

6. Proximity to the CBD

[smartcode_project:default project_id=5806 project_image_fid=168928]

Just 9 kilometres north-east of the CBD, Ivanhoe East delivers a sophisticated, relaxed lifestyle surrounded by established parkland.

Using a network of public transport or the Eastern Freeway, making it into the city is stress-free.

The Boulevard is central to a cluster of Victoria&rsquo;s most prestigious state and independent schools including Marcellin College, Ivanhoe East Primary School, Ivanhoe Grammar and Ivanhoe Girls Grammar.

[smartcode_project_cta: project_id=5806]

East Ivanhoe Village is awash with charm, a pocket of energy in the heart of the neighbourhood thanks to its shopfronts, cafés and independent boutiques

max.kwok_55688

Culture and convenience at Ivanhoe East: Six things we love about the north-east Melbourne suburb

As Melbourne continues to emerge stronger out of lockdown, JWLand are seeing increased enquiry activity at their green-laden Ivanhoe apartment and townhouse development, The Grounds.

Buyers are more and more attracted to green spaces within their residences, which The Grounds offers in spades.

JWLand Marketing Manager&nbsp;Nick Babic said the project has been particularly in demand with downsizers.

&quot;They&#39;ve been attracted to the low maintenance living, which enables a lock up and leave lifestyle and encourages travel now the borders are starting to reopen,&quot; Babic says.

[smartcode_project:default project_id=5806 project_image_fid=168937]

Babic also notes the downsizers have been keen on The Grounds for the quality fixtures and fitting put together by the team across each apartment and townhouse.

&quot;They&#39;re downsizing, not downgrading,&quot; Babic added.

JWLand has put an&nbsp;emphasis on community and the environment at The Grounds, with more than half of the grounds being green spaces.

[smartcode_project:default project_id=5806 project_image_fid=168932]

At the established suburb of Ivanhoe puts residents in the heart of one of Melbourne&#39;s most sought-after suburbs, just 15 minutes from the CBD and on the doorstep of the ever-popular Upper Heidelberg Road.

The Grounds comprises an exclusive collection of three apartment buildings, Wilfred, Wamba and The Boulevard.

At the centre of the precinct is the sprawling Central Park, stretching into a network of gardens and out into the nearby Ivanhoe and Chelsworth Parks.

&nbsp;

[smartcode_project:default project_id=5806 project_image_fid=168935]

There is also the Oak Terraces, located off Cedric Street, offering a small collection of townhomes.

Townhomes optimise aspect and outdoor space where living zones are filled with natural light and genuine connection to their leafy environment.

The open design is generously scaled to easily adapt from a relaxed living space to a luxurious entertainer.

[smartcode_project:default project_id=5806 project_image_fid=168928]

Comfort and warmth are achieved through a controlled neutral palette and wide timber floorboards underfoot.

The two-level homes feature independent entries, outdoor terraces to both levels and a lockable garage for two cars.

Fa&ccedil;ades of brickwork, textural concrete render and blackened metals establish a timeless identity with material elements inspired by the grand homes of Ivanhoe East.

[smartcode_project_cta: project_id=5806]

Buyer enquiry on the 116 residences have picked up steam since Melbourne's lockdown ended

Demand rises for Ivanhoe apartments and townhouses at The Grounds

Ivanhoe East is one of the most prestigious suburbs in Melbourne at the foot&nbsp;of the CBD, drawing many&nbsp;of their street names from characters in the novel Ivanhoe by Sir Walter Scott.

The suburb has held strong fundamentals as a blue chip investment suburb and for the past decade has seen strong growth at 5 per cent for houses and 2.5 per cent for apartments per annum in the past decade.

Currently comprised of primarily couples, growing families and older independents, the demographics have been shifting towards younger professionals and younger couples looking to buy their first family home or apartment.

The Grounds meets this growing need for space with more than half of the&nbsp;precinct comprising gardens, public spaces&nbsp;and a central landscaped Village Green, designed by Memla. There&#39;s plenty of space for those raising or looking to start a family.

[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 a limited collection of townhomes.

The homes&nbsp;are&nbsp;finished with hardwood flooring and a choice of colours and finishes, offering ensuites and walk-in robes, or an additional living room or study depending on the buyers needs.

All homes are complete with a host of luxury features, from high quality&nbsp;European kitchen appliances and larder, to double glazing and pure wool carpets.

[smartcode_project:default project_id=5806 project_image_fid=168932]

Prices start from $1.1 million&nbsp;for a two-bedroom apartment, with three-bedroom apartments starting from&nbsp;$1.31 million. There&#39;s a&nbsp;a limited selection of four-bedroom apartments, which are priced at at $2.35 million. The small collection of townhouses&nbsp;range from $1.89 million to $2.4 million.

The townhouse prices sit right in the range of the suburb median, while the apartment prices are in line with their size, premium quality and design. The apartments are 20 per cent to&nbsp;30 per cent&nbsp;larger&nbsp;the median size for two bedders&nbsp;in Melbourne.

Just 15 minutes from the CBD, there is plenty on offer on location with&nbsp;some of the best Ivanhoe East dining and shopping&nbsp;destinations like&nbsp;Upper Heidelberg Road&nbsp;and&nbsp;Templestowe Road minutes away.

[smartcode_project_cta: project_id=5806]

Ivanhoe East has held strong fundamentals as a blue chip investment suburb and for the past decade has seen strong growth across every segment of the market

jordan_55689

Why there's been downsizer and upsizer interest at the Ivanhoe East apartments and townhouses in The Grounds

<html><body>
A stately family home in Ivanhoe East, Victoria has hit the market with a price guide between $4.9 million and $5.35 million.
Nestled on a 737 square metre block, the home at <a href="https://www.realestate.com.au/property-house-vic-ivanhoe+east-131882926" target="_blank">36 York Avenue</a> comes with master suite with dressing room, three additional bedrooms, library/formal dining room, family room, meals area and kitchen.
It also comes with lounge and piano room, home office, sitting room, games room, and balcony overlooking the district. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/18/ivanhoe%20east%202.jpg" alt="">
There is also an entertainment zone with outdoor kitchen. 
Other features of the home include ducted heating/cooling, internal lift, surround sound and a triple auto garage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/18/iavnhoe%20east%203.jpg" alt="">
It is situated within walking distance from Ivanhoe Park and close to Ivanhoe Train Station, East Ivanhoe Village, and Warringal Shopping Centre.
The expressions of interest campaign for the property closes October 8.
James Goulopoulos and Tina Goulopoulos of Jellis Craig Ivanhoe have the listing.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Ivanhoe East trophy home with city views listed  

<html><body>
The retiring Federal Labor politician Jenny Macklin has sold the home in her Melbourne electorate.
Her East Ivanhoe home (above) secured $3.15 million for the member of Jagajaga.
Macklin has now has bought in Parkville.
She's spent $2,075,000 on an upper level apartment in <a href="https://www.realestate.com.au/sold/property-apartment-vic-parkville-128876606" target="_blank">the Fender Katsalidis-designed Arcadia block</a> (below) with her partner Ross Turner.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/18/Fender.jpg" alt="">
The apartment has three bedrooms and two bathrooms.
Macklin had called Ivanhoe East home since the mid 1990s when she paid $365,000 for the 1950s, three bedroom home in 1,415 sqm of native gardens back in 1996, the year she was first elected.
Macklin was a minister in the Rudd and Gillard Governments from 2007 to 2013, having previously been her party's deputy leader from 2001 to 2006.
This article was first published in the Weekend Australian. 
 
</body></html>

Retiring Labor politician Jenny Macklin moves out of electorate

<html><body>
A sizeable piece of land with three Uniting Church buildings in Melbourne's Ivanhoe East has been acquired by an aged care provider for $11.05 million at a strong land rate of $2,030 per sqm, underscoring the desirability of the location.
The 321 Lower Heidelberg Road site had been listed by Colliers who had expected interest from developers.
The site has an area of 5,441 sqm and comprises two former church halls and an additional recreation/dining hall building.
It is zoned General Residential 2 under the city of Banyule planning scheme.
The selling agents were Colliers International’s Jeremy Gruzewski and Ted Dwyer, who marketed the site through an expressions-of-interest campaign.
“The sheer size and zoning of the property make it perfect for high-end residential, aged care or other development, subject to council approval,” Gruzewski said.
Other features include tennis courts and a house.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/24/321%20Lower%20Heidelberg%20Road%20Ivanhoe%20East%20aerial.jpg" alt="">
As at November 2016, the median house price in Ivanhoe East was $1.75 million, which Gruzewski said raised the scope for residential development promising solid return.
“Being one of Melbourne’s better areas, Ivanhoe East is never going to go out of fashion.”
The East Ivanhoe church was earmarked for disposal in 2013 when the Uniting Church set out on a sales plan to help foot the bill from the failed Acacia College private school, but its listing was delayed till late 2016 due to a review of operations by a network of congregations in the Banyule area, according to a report to the Uniting Church Synod made by the church's property board, Fairfax Media noted.
The newspaper also said that no Uniting Church congregation has worshipped on the site for more than 20 years although the independent Bread of Life Church currently uses one of the three buildings there.
 
</body></html>

Uniting Church site in Melbourne's Ivanhoe East sold for $11.05 million

<html><body>
The Melbourne suburb of Ivanhoe East is set for two sizeable land parcel sales with one 15,000sqm site having been 'collected' for 26 years.
On parcel of land, 14 Ivanhoe East, bordered by The Boulevard, Wamba Road, Wilfred Road and Cedric Street, is expected to sell at around $30 million.
According to title records they are owned by Stuart Morris, QC, and his wife Jennifer who purchased the land over 26 years.
In 2006 he attempted to develop eight blocks into a $21.5 million 92 unit retirement village which was met with a backlash from residents.
Colliers International’s Jeremy Gruzewski and Ted Dwyer have the listing.
Mr Gruzewski said the land parcel is rare, not only for its substantial size, but also because it is not affected by registered single-dwelling covenants, significant landscape overlays, or heritage controls, which affect much of this highly regarded suburb.
“With so much of Ivanhoe East under these planning controls, this supersite is an exception and represents a significant parcel of land ripe for redevelopment,” he said.
“With a median house price of $1.7million, Ivanhoe East is regarded as one of Melbourne’s finest suburbs and any redevelopment is bound to achieve premium prices.
“The four street frontages and parkside locale, just moments from East Ivanhoe village, make this a tantalising prospect for high-end apartment, townhouse or even retirement living.
“It is hard to put a value or a price on such a rare and unique offering that is probably never to be repeated.”
 
</body></html>

Ivanhoe East

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Ivanhoe East

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.