Apartments account for just 15 per cent of total dwelling stock in <a href="https://www.apartments.com.au/developments/balwyn-vic-3103">Balwyn</a>, reinforcing the suburb’s long-standing identity as a low-density, detached housing area.

As a result, new apartment development has historically been limited in both volume and density. For homeowners considering a move out of larger family houses, options that maintain a residential setting while offering a genuine alternative to detached living have remained relatively scarce.

One of the most recent apartment developments completed in the suburb is <a href="https://www.apartments.com.au/buildings/threadneedle-balwyn-1-5-threadneedle-street-balwyn-vic-3103">Threadneedle</a>, a boutique project named after its location on the tree-lined Threadneedle Street. There are just 17 residences across two low-rise buildings.

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Developed by <a href="https://www.apartments.com.au/developers/wulff-projects">Wulff Projects</a> in partnership with PGA Group, the project has been deliberately limited in scale, with just eight and nine residences per building, reflecting an approach more closely aligned with long-term owner-occupiers than higher-density apartment models.

At Threadneedle, the shift to apartment living has been approached as a recalibration rather than a compromise. The project is shaped around maintaining space, privacy and amenity while reducing the ongoing upkeep associated with a traditional family home, a balance that increasingly defines downsizing decisions in established suburbs.

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Rather than maximising yield, the design prioritises spatial comfort and landscape, with more than one-third of the site dedicated to gardens by Ben Scott Garden Design.

This emphasis on greenery creates separation between buildings, reinforces privacy and establishes a sense of domestic calm that mirrors the garden settings many residents are accustomed to.

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That residential character continues through the architecture by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, which draws directly from the surrounding neighbourhood where many homes date back to the interwar period. The buildings are conceived as traditional residences rather than a single apartment form, allowing them to sit comfortably within the existing streetscape.

“Given the quiet residential character of the street, we approached Threadneedle wanting it to appear less as a collection of apartments and more as a traditional residence,” said John Scaramuzzino, director at Bruce Henderson Architects. “That led to creating two buildings that could breathe, with larger garden-based apartments functioning more like small homes.

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Inside, the residences are defined by proportions and layouts more commonly associated with houses than apartments, reinforcing the project’s alignment with buyers transitioning from detached living. All homes are three-bedroom configurations, many incorporating dedicated studies designed as separate rooms rather than adapted corners. Living areas extend to generous terraces or courtyards, while three-metre-high ceilings, oversized internal doors and full-height glazing enhance openness and natural light without sacrificing privacy.

“The interior design evolved from the architecture and garden setting,” said Chantelle Sinnott of Bruce Henderson Interiors. “We wanted to create spaces that feel connected to nature, with flexibility and functionality that supports how people actually live.”

Each residence has been individually planned to maximise privacy and outlooks, with garden views prioritised across multiple aspects. Parking and storage are treated as essential components rather than secondary considerations, aligning with expectations shaped by years of living in detached homes and reinforcing the project’s house-like approach to apartment living.

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Together, these characteristics, generous internal space, private outdoor areas, low-density form and a strong connection to landscape, closely mirror the qualities many downsizers seek as they transition out of family homes, without requiring a departure from the neighbourhoods they know.

Leafy streets, village-scale retail and established community networks underpin daily life, while access to public transport along Whitehorse Road and nearby parklands supports walkability and convenience. For many residents, the ability to remain within a familiar suburb is central to the downsizing decision.

With construction now complete, a limited number of residences remain available, including a top-floor penthouse offering single-level living with three bedrooms, a dedicated study and expansive terraces.

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Joel Robinson

Why downsizers are choosing Threadneedle, Balwyn's newest apartment development

High-rise developer Level 33 is continuing to venture out of its Wollongong heartland.

The developer, which has several projects completed, underway, and planned in the third-largest city in New South Wales, is heading to Homebush, where it plans to develop more than 300 apartments across two towers.

Like most developers, it has sought approval through the NSW Government’s Housing Delivery Authority, filing a State Significant Development Application for the $127.6 million project.

The DKO-designed towers, 27 and 35 storeys in height, will replace seven detached homes. The apartments will sit above a four-storey podium, which will be crowned with a pool, dining areas, and landscaped spaces.

<img alt="17-24 Loftus Cr, Homebush" data-entity-type="file" data-entity-uuid="28be85ce-0e00-495d-9528-b9ca3f85e583" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_4.png?VersionId=N6zmNAUwvZOElnX6IgLOEeON7yaoBx0p" />

According to the Urban Design Report prepared by DKO Architecture, the proposal “supports residential growth with housing diversity” and is designed to “create inviting, safe public spaces with strong environmental amenity that encourage social interaction and pedestrian movement”.

Level 33, founded by Eddy Haddad, has thousands of apartments in the pipeline. They have their 500-plus-unit WIN Grand redevelopment, and another 900 units to be developed in replace of the old Bunnings Warehouse on the corner of&nbsp;<a href="https://www.apartments.com.au/new-apartments/60-74-flinders-street-wollongong">Gipps and Flinders Streets</a>.

They are soon to launch their second stage of their Kogarah development, and will also hope to&nbsp;launch Summit Wollongong, later this year, pending approvals to upsize the development to have over 330 apartments. Also set to hit the market is their boutique Kiama development, Elan.

Level 33 adds to 2,000-unit pipeline with new two-tower Homebush plans

<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) has unveiled Gloriette, its new 25-storey luxury residential tower set to rise within its Yeerongpilly Green (YG) precinct in Brisbane’s inner south.&nbsp;

Designed by award winning architects <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> will deliver 181 luxury two- and three bedroom apartments on King Arthur Terrace, offering uninterrupted views across the Brisbane River, Indooroopilly Golf Course and the Brisbane CBD.&nbsp;

The reveal of the project follows its development approval by Brisbane City Council within the evolving <a href="https://www.apartments.com.au/new-apartments/yeerongpilly-green-21-queens-way-yeerongpilly-qld-4105">Yeerongpilly Green</a> masterplanned community late last year.&nbsp;

The formal market launch will be later this year.

The name “Gloriette” is drawn from classical European architecture, referring to a garden pavilion traditionally set within palace landscapes.&nbsp;

CPG says its choice reflects Gloriette’s strong connection to landscape, outlook and amenity, with refined architecture complemented by lush gardens, exceptional rooftop facilities and an emphasis on light, views and liveability.&nbsp;

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Set on a 4,323 sqm site, Gloriette has been designed to integrate with its surroundings, prioritising green space and community connection with more than 2,000 sqm of landscaped gardens to surround the tower, creating privately owned, publicly accessible parkland. Located within one of Brisbane’s 2032 Olympic Games precincts, the development is literally minutes’ walk of the future Olympic tennis venue and the upgraded Yeerongpilly Cross River Rail station.&nbsp;

CPG Head of Residential James MacGinley says Gloriette represents a defining addition to the Yeerongpilly Green precinct.&nbsp;

Gloriette is a natural evolution of Yeerongpilly Green and our commitment to creating places where people genuinely love to live,” MacGinley said.&nbsp;

“The views from Gloriette will be unlike anything else in Brisbane. Elevated northern aspects taking in two reaches of the Brisbane River, Indooroopilly and Brisbane golf courses, the city skyline and Mt Coot-tha are exceptionally rare. We expect buyers will immediately recognise the uniqueness of this opportunity.&nbsp;

“The generous apartment sizes will appeal to people looking to downsize without compromise, offering luxury, spacious, light filled apartment living without the intensity of inner-city congestion.

“Developments like Gloriette also play an important role in addressing Brisbane’s housing needs, with the potential to free up 181 houses for local families.”&nbsp;

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Gloriette will complement the award-winning YG Riverside Village, home to Woolworths, Goodlife Health Clubs, new Doctors surgery and a growing dining precinct that continues to attract locals and visitors alike.&nbsp;

<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> has been appointed as builder, with <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International confirmed as sales agent. A dedicated display suite is scheduled to open for the public launch in the second half of 2026 in a heritage-listed Queenslander opposite the site.&nbsp;

Andrew Scriven, Director of Residential at Colliers International, says buyer interest is already building.&nbsp;

“Gloriette offers a rare opportunity to secure a high-end riverside home within a major lifestyle precinct,” Scriven said.&nbsp;

“We’re inviting buyers to sign up to the VIP list today to receive exclusive updates, early information and priority access ahead of the formal launch.”

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Consolidated Properties Group unveils Gloriette in Yeerongpilly Green precinct

Develotek has secured State Significant Development approval for its 34-storey mixed-use tower on the Pacific Highway in Chatswood.

The developer pumped up the height under the in-fill affordable housing uplift to create a 101-unit building with 27 apartments dedicated as affordable. It was previously approved for 89 apartments across a 27-storey tower.

In granting consent, the NSW Department of Planning, Housing and Infrastructure cited the project’s alignment with state and regional planning objectives, including the National Housing Accord and the Chatswood CBD Strategy. It will also pump over $107 million of capital investment into the state, as well as 180 operational jobs and 182 construction jobs.

The site, across <a href="https://www.apartments.com.au/new-apartments/691-699-pacific-highway-chatswood-nsw-2067">691-699 Pacific Highway</a>, sits around 500 metres from the Chatswood Transport Interchange and within walking distance of the retail core.

<img alt="Develotek secures approval for 34-storey mixed-use tower on Pacific Highway, Chatswood" data-entity-type="file" data-entity-uuid="65261a56-ef10-479b-941a-d4e3f22cd973" 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_1.png?VersionId=PFN5_svoAwQgHPM1K9XJFlg9BJSfArm0" />

Designed by Squillace Architects, the tower will rise to 117 metres and sit above a two-storey podium and eight basement levels of parking. The residential mix includes one, two, and three-bedroom apartments, with affordable housing to be managed by a registered community housing provider for a minimum of 15 years.

The tower’s built form is characterised by a slender, articulated residential element set above a more robust podium, with commercial uses activating the street edge. Communal amenities are located within the podium and upper levels, including landscaped open space, a pool, gym, and shared facilities, contributing to resident amenity while reinforcing the mixed-use nature of the precinct.

<img alt="Develotek secures approval for 34-storey mixed-use tower on Pacific Highway, Chatswood" data-entity-type="file" data-entity-uuid="2672fcb7-aa48-4f99-a6e5-aedf9d506973" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_1.png?VersionId=mP29SWoVfCvI_hMODNx6QJ00VT435B33" />

&nbsp;

The approval represents one of the larger residential-led developments to proceed under the NSW Government’s infill affordable housing pathway, reinforcing Chatswood’s role as a high-density employment and residential centre on Sydney’s North Shore.

Chatswood is going through another growth phase, with the likes of Changfa Group, Billbergia, Coronation, Tian An LFD, Bridgestone, and Hyecorp all planning projects in the suburb. The NSW Gov is also proposing a further <a href="https://www.apartments.com.au/news/nsw/nsw-gov-landcom-plan-1-500-new-apartments-in-chatswood-cbd">1,500 new homes on the former contruction site of the Sydney Metro</a>.

Develotek secures approval for 34-storey Chatswood tower

Off the plan apartments buyers have started to move into <a href="https://www.apartments.com.au/buildings/louise-melbourne-8-louise-street-melbourne-vic-3004">Louise</a>, the flagship Albert Park apartment development by local developer Samuel Property.

Construction firm Hamilton Marino has recently completed the two-year build of the 16-storey Louise Street tower, just off St Kilda Road.

Developer Illan Samuel says the project’s strong sales result, with around 90 per cent of apartments sold ahead of its construction completion, is a “good news story for Melbourne”.

“Melbourne hasn’t had the easiest time in the off the plan development space in recent years,” Samuel says, pointing to rising taxes and limited growth in the established property market. However, there are signs of improvement, with build costs having normalised and now “only moving modestly”, and improving sentiment among buyers both local and interstate that Melbourne is the city of opportunity.

Samuel attributes the success of Louise to a combination of the project team, design, location and apartment mix, noting strong investor interest driven by high rental yields and comparatively low body corporate fees.

While only about 20 apartments are currently being leased, they are achieving yields of between 5.5 and 6 per cent.

“The maths show investors are receiving neutral or even positive cash flow on a city-fringe residential asset that has grown by around 5 per cent year on year for the past three years&nbsp;based on our pricing strategy on&nbsp;incremental price rises during construction and sales milestones, while much of the broader market has remained relatively flat,” he says.

<img alt="Samuel" data-entity-type="file" data-entity-uuid="79b97c26-6fc6-4887-984a-8de45f0e1e6d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-33.jpg?VersionId=Egjy9IyMg5Y9M3X1WTEQU0riRCDAdLVG" />

A handful of apartments remain, with one-beds starting from $595,000, two's from $779,000, and three-beds from $2,445,000. All but one sub penthouses have been sold, and that is priced from just shy of $14 million. It has four bedrooms and five bathrooms across its 600 sqm, and parking for five cars.

Darren Blair from Blair Property Group has handled the sales campaign.

<a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> designed the 89-unit building, on the fringe of St Kilda Road and Albert Park, to respond directly to its heritage-rich context, where historic mansions and retained period buildings continue to shape the streetscape.&nbsp;

The completed building reflects this influence through its brick façade and art-deco detailing, drawing cues from neighbouring heritage structures while delivering a contemporary residential format suited to modern inner-city living.

<img alt="Cera Stribley" data-entity-type="file" data-entity-uuid="c6067811-6d0d-4057-b77c-2b5fde0a5602" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-36.jpg?VersionId=YfEOR_L10AI4JgGDtD_ZjaxeT0DL4PRe" />

Amenities were conceived as an extension of daily life rather than a checklist of inclusions. Residents now have access to a ground-floor pool illuminated by a central skylight, a fully equipped gym, steam room, private dining room, lounge, and a landscaped outdoor terrace that wraps the communal spaces.&nbsp;

The amenity offering reflects a biophilic design approach, with water and greenery used to soften the building’s urban setting and support wellbeing.

<img alt="Louise" data-entity-type="file" data-entity-uuid="531e3e37-5e48-4af6-8b9c-49fa91504175" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/8-Louise-St-184.jpg?VersionId=KA.jqRLlSggTvJ.FWLtU47IOwDI9LF61" />

Samuel now shifts its focus to <a href="https://www.apartments.com.au/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali</a>, its beachside townhouse development in <a href="https://www.apartments.com.au/developments/dromana-vic-3936">Dromana</a>, which has been popular among city dwellers looking for a low-maintenance bolthole on the Mornington Peninsula.

Samuel recently began the construction phase of the&nbsp;73-townhome community, one of the most unique developments the Mornington Peninsula has seen in decades.

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Samuel Property’s Louise reaches completion, nears sell-out on Albert Park’s edge

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;

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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;

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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;

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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;

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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.

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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.

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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.

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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.”

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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.

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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

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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

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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

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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

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&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

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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

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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.

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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.

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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.

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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;

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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.

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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.

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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.

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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.

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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.

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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

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

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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.
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Ivanhoe East trophy home with city views listed  

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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. 
 
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Retiring Labor politician Jenny Macklin moves out of electorate

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

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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.”
 
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