For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

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<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

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The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

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Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

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Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

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The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

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The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

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Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

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Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

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Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

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Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

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Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Ormond

Landing in arguably one of Melbourne most liveable suburbs, the joint venture between CQ Property Developments and Loi Project is the latest in the line of residential projects moulding their way into the Ormond streetscape.

Positioned on the corner of its namesake street, Walsh Grange delivers a collection of 23 apartments to the burgeoning setting, designed to deliver the security of community and the comfort of a private, premium residence.

[smartcode_project:default project_id=108897 project_image_fid=180972]

The quaint, 150-year-old suburb has evolved to offer every modern convenience, whilst still maintaining the community charm of a bayside suburb, with wide, tree-lined streets, just 20 minutes from the CBD.

Local architecture firm, Telha Clarke is behind the design of the modern low-rise building, with their focus to create a feeling of connection, through shared public spaces, and surrounding gardens and trees.

The ground floor comprises nine apartments, with a mix of one, two and three bedroom offerings.

Selected ground-floor residences also include rear entries, adding further texture to the building’s character.

[smartcode_project:default project_id=108897 project_image_fid=180973]

A step up, level one features eight two-bedroom, two-bathroom apartments, all sitting across upwards of 70 sqm of floor space, along with one, two-bedroom, one-bathroom residence, that covers 68 sqm.

Level two of Walsh Grange comprises five apartments, with two, two-bedroom, two-bathroom apartments, two, two-bedroom, one-bathroom apartments and one, three-bedroom, two-bathroom apartment.

Projects by Buxton director Heath Thompson says due to the uniqueness of Walsh Grange, the project is drawing attention from everywhere, from first home buyers to downsizers.

"There's nothing nearby locally that offers such a wide mix of both configurations, price point, and quality of development," Thompson said

[smartcode_project:default project_id=108897 project_image_fid=180981]

“With Kilvington Grammar just around the corner, along with a host of other schools and parks and family-orientated amenity, we’re expecting to have a number of buyers amalgamate apartments also, to create that bigger space that is taking over the current property market," Thompson added.

The small pocket in the Glen Eira district, where Walsh Grange is located, has grown substantially over the years and is&nbsp;now brimming with&nbsp;bustling retail precincts, extensive amenities and education options, as well as having an abundant number of public parks and gardens, along with its proximity to Brighton Beach.

One, two and three-bedroom apartments can still be purchased in Walsh Grange, with floorplans spanning from 49 sqm 97 sqm.

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The quaint, 150-year-old suburb has evolved to offer every modern convenience, whilst still maintaining the community charm of a bayside suburb, with wide, tree-lined streets, just 20 minutes from the CBD.

alisonwarters@gmail.com

What's driving buyers to Ormond apartments, Walsh Grange

The recently launched Walsh Grange, in Melbourne's Ormond, is drawing attention from everyone, from first home buyers to downsizers.

Projects by Buxton director Heath Thompson says it's due to the uniqueness of the project.

"There's nothing nearby locally that offers such a wide mix of both configurations, price point, and quality of development," Thompson says.

[smartcode_project:default project_id=108897 project_image_fid=180973]

Young families have shown keen interest in the larger three-bedroom apartments, particular the ground-level garden apartments that offer extensive landscaped courtyards, most of which are north facing.

“With Kilvington Grammar just around the corner, along with a host of other schools and parks and family-orientated amenity, we’re expecting to have a number of buyers amalgamate apartments also, to create that bigger space that is taking over the current property market," Thompson adds.

There's a mix of one, two and three-bedroom apartments on offer in the development of just 23 contemporary units.

[smartcode_project:default project_id=108897 project_image_fid=180980]

The project is being developed as a joint venture between CQ Property Developments and Loi Projects. the latter being behind the likes of Arbour Park in Surrey Hills and MaSt in Brighton.

Walsh Grange has been designed by the local architecture studio Telha Clarke&nbsp;to deliver the security of community and the comfort of a private, premium residence.

The modern low-rise building focussing on creating connections to nature through the&nbsp;surrounding gardens and trees.&nbsp;

[smartcode_project:default project_id=108897 project_image_fid=180972]

On the fringes of Brighton and Caulfield, Ormond is well connected to the rest of Melbourne through extensive bus&nbsp;and train network, as well as&nbsp;access to major road networks.

The small pocket in the Glen Eira district has grown substantially, and is&nbsp;now brimming with&nbsp;bustling retail precincts, extensive amenities and education options, as well as having many spacious public parks and gardens, and of course its proximity to Brighton Beach.

Ormond came to life more than 150 years ago, growing with the nearby CBD while still maintaining its community charm of a Bayside lifestyle.

[smartcode_project_cta: project_id=108897]

Melbourne-based architects, Telha Clarke designed the Ormond apartments with the modern low-rise building focussing on creating connections through shared public spaces and surrounding garden and trees. 



How Walsh Grange brings something different to Melbourne's Ormond

Walsh Grange is a contemporary collection of just 23 one, two and three-bedroom apartments, developed in a joint venture between CQ Property Development and Loi Projects.

Local &nbsp;architecture firm, Telha Clarke is behind the design of the modern low-rise building, with their focus to create a feeling of connection, through shared public spaces, and surrounding gardens and trees.

“This collection of homes delivers seamless modern living, architecturally designed to bring pleasure to your life every day,” Projects by Buxton agent Heath Thompson says.

[smartcode_project:default project_id=108897 project_image_fid=180972]

Every surface, fitting and element of the Walsh Grange residences has been carefully chosen to create a home that works together and provides a balanced, flowing home.

“Everything works together, providing a balanced, harmonious flow. You feel it the moment you walk in, a welcoming warmth and an air of luxury - exactly what you would expect from this gem," Thompson added.

The ground floor comprises nine apartments, with a mix of one, two and three bedroom offerings.

[smartcode_project:default project_id=108897 project_image_fid=180973]

G02 and Go3 are one-bedroom, one-bathroom apartments, each with one car space. G02 covers 49 sqm of floor space, while the latter sits across 51 sqm.

G05 and G07 are two-bedroom, two-bathroom configurations, both spanning 71 sqm, with one car space.

G04 is a three-bedroom, two-bathroom, north facing apartment, with 96 sqm of floor space. It has a 73 sqm private courtyard, as well as two car spaces.

Similarly, G08 is a three-bedroom, two-bathroom apartment, on the Grange Road side of the development, spanning 95 sqm internally, along with 111 sqm of private courtyard space. &nbsp;

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Selected ground-floor residences include rear entries, adding further texture to the building’s character.

G06 and G09, both two-bedroom, two-bathroom apartments have already been sold.

A step up, level one features eight two-bedroom, two-bathroom apartments, all sitting across upwards of 70 sqm of floor space, along with one, two-bedroom, one-bathroom residence, that covers 68 sqm.

[smartcode_project:default project_id=108897 project_image_fid=180980]

Level two of Walsh Grange comprises five apartments, with two, two-bedroom, two-bathroom apartments, two, two-bedroom, one-bathroom apartments and one, three-bedroom, two-bathroom apartment.

Apartment 205 is the biggest of the level two, covering 97 sqm internally, adjoined with a 45 sqm north-facing terrace.

[smartcode_project_cta: project_id=108897]

Local  architecture firm, Telha Clarke is behind the design of the modern low-rise building, with their focus to create a feeling of connection, through shared public spaces, and surrounding gardens and trees.



Inside the floorplans of Ormond's latest apartment development, Walsh Grange 

Sales have launched at the new Ormond apartment development, Walsh Grange.

The contemporary collection of just 23 one, two and three-bedroom apartments is being developed in a joint venture between CQ Property Development and Loi Projects, who had the local architecture firm Telha Clarke design the modern low-rise building.

Their focus was to create a feeling of connection, through shared public spaces, and surrounding gardens and trees.

Prices start from $479,000 for the near 50 sqm one-bedroom apartments. All apartments, as high as the near 100 sqm three-bedroom apartments, are priced under $1 million.

[smartcode_project:default project_id=108897 project_image_fid=180972]

Named after its corner location bordering Walsh and Grange Street, Walsh Grange a rare new development for Ormond, which has quietly been one of Melbourne&#39;s most sought-after suburbs, on the fringe of the popular Bayside area. Ormond is&nbsp;now blessed with bustling retail precincts, extensive amenities, and great education options.

Access to major road networks, spacious public parks and gardens, and a nearby beach also provide convenient access to all of life&rsquo;s necessities.

Within 10 minutes you&#39;re by the bay at North Road foreshore, where there&#39;s a beach-side bike path stretching around the southern bay for kilometres.

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Ormond maintains the community charm of the Bayside lifestyle, with numerous restaurants, caf&eacute;s and nearby shopping strips, including Carnegie, Bentleigh and Caulfield.

The development will likely be a hit with families, given the close proximity to a number of Melbourne&#39;s best schools, including&nbsp;Kilvington Grammar, Bentleigh Secondary College and McKinnon Secondary College.

Monash University, one of Australia&rsquo;s top tertiary institutions, is also nearby.

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Ormond is near some of Melbourne&rsquo;s best parklands, with playgrounds, sporting grounds and facilities adding further opportunities for family fun and entertaining.

Walsh Grange has been designed to deliver the security of community and the comfort of a private, premium residence.

[smartcode_project_cta: project_id=108897]

In recent years, Ormond has undergone a transformation, now blessed with bustling retail precincts, extensive amenities, and great education options

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Sales launch at Walsh Grange, Ormond's newest apartment development

In the last few years Ormond, the small, near Bayside suburb, has grown to become one of Melbourne's most sought-after areas.

On the fringes of Brighton and Caulfield, Ormond is well connected to the rest of Melbourne through extensive bus&nbsp;and train network, as well as&nbsp;access to major road networks.

The small pocket in the Glen Eira district has grown substantially, and is&nbsp;now brimming with&nbsp;bustling retail precincts, extensive amenities and education options, as well as having many spacious public parks and gardens, and of course its proximity to Brighton Beach.

Ormond came to life more than 150 years ago, growing with the nearby CBD while still maintaining its community charm of a Bayside lifestyle.

Set to take advantage of the growth in the suburb is Walsh Grange, a contemporary collection of just 23&nbsp;apartments, developed in a joint venture between CQ Property Development and Loi Projects.

[smartcode_project:default project_id=108897 project_image_fid=180976]

A short stroll from Ormond Station, Walsh Grange offers one, two and three-bedroom residences, designed by&nbsp;local architecture firm Telha Clarke.

Named after its corner location bordering Walsh and Grange Street, Walsh Grange&nbsp;has been designed to deliver the security of community and the comfort of a private, premium residence.

It puts residents near Ormond's own&nbsp;shopping precinct, as well as&nbsp;&nbsp;takes advantage of a number of nearby shopping strips, including Carnegie,&nbsp;Bentleigh&nbsp;and Caulfield.

The Chadstone Shopping Centre, with more than 500 stores and boutiques, is one of Australia’s largest retail experiences, alongside a range of medical, financial and entertainment amenity, there’s a multitude of restaurants and cafes serving an impressive diversity of international and local dishes. That's just 10 minutes away.

&nbsp;

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Families can find many of Melbourne’s finest schools within proximity to the development, with private schools like Kilvington Grammar, to state schools like&nbsp;<a href="/new-apartments/bentleigh-vic-3204">Bentleigh</a>&nbsp;Secondary College and McKinnon Secondary College. The jewel in the crown is its close proximity to Monash University, one of Australia’s top tertiary institutions.

Within ten minutes you can find yourself by the bay at North Road foreshore where there is a beach side bike path stretching around the southern bay for kilometres.

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Playgrounds, parks, sporting grounds and facilities, gardens, pools, bike paths and trails, Walsh Grange is surrounded by an incredible array of public outdoor spaces and activities.

It’s key to what makes Walsh Grange in Ormond such a hidden gem – an impressive collection of residences expanded by convenient amenity and places to enrich your life.

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Ormond came to life more than 150 years ago, growing with the nearby CBD while still maintaining its community charm of a Bayside lifestyle.

Stepping Out: What's around Walsh Grange in Ormond 

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A vacant office and retail premises in a boutique development in the Melbourne suburb of Ormond is heading to auction.
The property at <a id="LPlnk366891" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1AaNQHGcPbO9MN1QvQjCxKKs/RzZHCHuN+yuKWB0r84Q0zfqJMDaJsj89+mdtAueYKdRWNEKduUPi6wj8+moPWPAcH3QgWCxcKY3GDWPxcY/&amp;rh=ff004ce3d655368c39855333a640996abddf538e" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">437 North Road</a> comes with 146 square metre total building area over two levels.
It has 52 square metres of ground floor area and a 94 square metre first floor area.
It is being marketed and sold by Ray White Commercial Oakleigh Sales/Leasing and Operations Manager Ryan Amler, along with Commercial Sales/Leasing Executive Theo Karkanis.
Amler said the asset gave potential buyers great flexibility to either occupy as one or separately, with each having its own entrance," Karkanis said. 
“This is a fantastic opportunity for an astute purchaser to take advantage of a property that you can occupy or invest in. It would be the perfect addition to a SMSF.
“The property is on busy North Road in Ormond, which in itself offers great exposure to a high level of passing traffic.
“It also benefits from being within metres of the recently upgraded Ormond train station, and offers an abundance of public transport, which will be invaluable.
<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/2019/6/11/008_Open2view_ID576313.jpg" alt="">
“There are kitchen and toilet facilities on each level, comes with an alarm system and CCTV cameras, has six individually controlled heating/cooling zones, and NBN is also available.
“There’s also the added bonus of potential sub-divide, subject to council approval.”
The auction will take place on site on Wednesday, July 3 at 11am.
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Ormond retail and office property to go under the hammer

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There was a $1.7 million weekend sale at Ormond of a four-bedroom California bungalow.
It had only changed hands a year earlier for $1.54 million, showing a 10 per cent increase in just over a year.
It showed just how fast the market is moving,” Advantage Property Consulting director Frank Valentic said, adding he “didn’t see the market showing down in the foreseeable future”.
The 99 Leila Rd <a href="https://www.realestate.com.au/sold/property-house-vic-ormond-123824426">California bungalow is set in landscaped gardens on 688sqm</a>.
It looked like this <a href="https://www.realestate.com.au/sold/property-house-vic-ormond-119621867" target="_blank">last year</a>.
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Ormond bungalow fetches $1.7 million

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Australian test cricketer Peter Siddle is pulling up stumps on his Ormond home, selling his California bungalow at weekend auction.
The <a href="https://www.instagram.com/petersiddle403/?hl=en" target="_blank">four-bedroom, two-bathroom home</a> had been renovated behind its original 1920s style with a modern rear extension. 
Siddle sold for <a href="https://www.realestate.com.au/property-house-vic-ormond-123228630" target="_blank">$2.05 million after auction</a>.
The home, passed in at $2.02 million, sold to a New Zealand family moving to Melbourne.
The <a href="https://www.realestate.com.au/property-house-vic-ormond-123228630" target="_blank">Anthony Street</a> home has three outdoor areas – an alfresco area, a deck with outdoor kitchen, spa and sauna, and another deck out onto a lawn area.
There’s also room for pets, with the backyard big enough a few chickens and dogs.
Siddle, who’s taken more than 200 wickets in his 61-test career, had agent <a href="https://www.realestate.com.au/agent/william-van-den-dungen-646586" target="_blank">William Van den Dungan</a> of Noel Jones Camberwell undertake the marketing.
Siddle and fiancée Anna Weatherlake – who will marry early next year – are looking to build their own home in a bayside suburb.
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Cricketer Peter Siddle sells in Ormond 

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A Melbourne private investor has paid $300,000 over reserve for a leased property with five year options at a rental of $74,618 per annum net.
Sold at auction for $1.346 million the property, 1 Newham Grove, Ormond, is 665 square metres with a 37 metre frontage. 
Teska Carson's Andrew Thorburn said the property had been used as a gym for over 25 years.
"Ormond has become a sought after suburb with a level of demand that has seen the median house price exceed the $1.1 million mark - 10% higher than last year and rising - and it would not surprise to see commercial property values reflect that sort of growth,’’ Mr Thorburn said.
 
 
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