Sun Property Group (SPG) has taken a major step to reinforce its commitment to consumer trust by securing Latent Defects Insurance (LDI) from Resilience Insurance for its nearly completed Willoughby development on Sydney’s Lower North Shore.

The boutique project, Aurora, comprising 12 apartments and a ground-floor commercial space, is one of few in the region to adopt the forward-thinking insurance model—offering a point of difference in a competitive market.

For Cameron Johnson, General Manager at Sun Property Group, the decision to adopt LDI was rooted in the company’s long-standing philosophy of maintaining a highly personalised relationship with its end users.

“We’ve always taken ownership over our product,” Johnson said. “Introducing LDI is not just about peace of mind for the buyer—it’s about raising the internal bar. It becomes the baseline for how we do things going forward.”

[smartcode_project:default project_id=109919 project_image_fid=205006]

While hundreds of developers and builders have taken out an LDI policy from Resilience Insurance, the insurance is still relatively new to Australia. Johnson says he sees significant future potential with LDI nationwide, with both&nbsp;regulatory and market frameworks starting to evolve to support its wider use in class two buildings.

“When we started the Willoughby project, LDI was still just a concept being floated by the Building Commissioner’s office," Johnson says.

"Delays in the construction timeline gave us the unique opportunity to adopt it as the product became more available in late 2023."

That timing aligned with a shift in construction contractors on the project, which opened the door for a more collaborative and considered implementation of the insurance. According to Johnson, Resilience Insurance was proactive and solution-oriented.

“It wasn’t just about us buying a product off the shelf. It was a dialogue—how can we work together to deliver something that meets both of our needs?” he added.

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LDI covers major structural defects for up to 10 years post-completion and offers an alternative to the traditional developer bond held under the Department of Fair Trading’s scheme. SPG prudently factor in a two per cent cost profile for such measures into its feasibility, treating it as “business as usual.”

“What LDI does is show the consumer that we’re front-ending our responsibilities—design, delivery, documentation, execution. That whole chain of custody is assessed and independently reviewed throughout construction. It’s a rubber stamp on quality,” Johnson said.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator. While some projects may carry an iCIRT rating, few offer the depth of protection and oversight that LDI provides, especially outside of publicly listed organisations.

Aurora is being brought to market by Henry Burke of McGrath Projects. With the recent cut in interest rates Burke expects that many first home buyers and investors will jump at the chance to buy in Aurora due to its convenient location, fantastic retail amenity, picturesque parks with leafy walks, and excellent transport connections with only one stop to Sydney CBD. He expects a local owner-occupier to secure the standout penthouse which offers 175 sqm of internal space and further 200 sqm of outdoor space.

[smartcode_project:default project_id=109919 project_image_fid=205010]

Johnson says Aurora residents will not only benefit from the first right insurance policy, which means action is taken immediately rather than often long and complicated battles as developers and builders point fingers at each other as to who created the issue, but from how it can benefit the strata communities of the building.

Many buyers, especially first-time apartment owners, have limited understanding of shared infrastructure or the responsibilities of Owners Corporations. LDI adds an important layer of education, structure, and protection.

“People want to move in and enjoy what they’ve bought. But when things go wrong, that’s when emotions and stress levels rise. The insurance policy gives owners a clearer path to resolution—an assured, regulated compensation process. It also helps equip owners and managers with the knowledge they need to maintain the building properly.”

The insurance includes tools such as service penetration matrices and access documentation—going far beyond standard build drawings. Johnson says it’s about delivering not just a home, but a sustainable, manageable asset.

[smartcode_project:default project_id=109919 project_image_fid=343670]

Sun Property Group continues to build on its strong track record across Sydney’s Lower North Shore, with an upcoming major development of its Bowen Street, Chatswood landholdings and additional projects underway in Melbourne. The team recently completed its debut Melbourne apartment project, The Brookville in Toorak, showcasing their commitment to delivering high-quality, design-led communities.

In a region where no other nearby developments currently carry LDI, the move also creates a market differentiator

Joel Robinson

Sun Property Group approaches completion of Willoughby's first apartment development with 10-year Latent Defects Insurance

Renowned developer-builder DASCO has unveiled its much-anticipated new development in the heart of Epping.

The architectural brief for Turner Studio was to “create a community where residents are completely immersed in a paradise for the senses.”

The result is <a href="https://www.apartments.com.au/new-apartments/senso-epping-242-244-beecroft-road-epping-nsw-2121">Senso</a>, a series of buildings that have been oriented around an unrepeatable 10,000 sqm-plus site to create a facility-laden, landscape-first precinct, something of which Epping and its surrounds have not seen before.

There are 479 apartments available in a variety of floorplans across the five buildings, a mix of one-, two-, and three-bedroom apartments in addition to a curated penthouse collection.

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The apartments have been designed to appeal to the owner-occupier market, with generous floorplans, premium materials, and optional upgrades including integrated refrigeration, bespoke joinery, and motorised blinds.

<a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a>, who builds its own developments, is once again bringing peace of mind to its clients by taking the 10-year Latent Defects Insurance policy offered by Resilience Insurance, which protects buyers against any structural or waterproofing issues for 10 years post completion of the building. This insurance can only be taken out by the builder or developer and not by individual apartment owners.

[smartcode_project:default project_id=134954 project_image_fid=4552]

DASCO is known for creating more than just apartments — they create places where people connect. Senso will have over 4,000 sqm of resort-inspired communal amenity in the form of two rooftop pools, a celestial outdoor cinema, wellness club, sensory walk, and an observation deck, in addition to multiple BBQ and outdoor communal areas on multiple levels, intended to deliver a complete lifestyle offering within the residential environment.

There will be over 800 sqm of retail space on street level, which will likely be run as hospitality venues.

[smartcode_project:default project_id=134954 project_image_fid=4396]

Located adjacent to the new Epping Town Centre masterplan, and just a five-minute walk from Epping Metro Station, Senso offers seamless access to Macquarie Park, Chatswood and the Sydney CBD. Families who are interested in the large two- and three-bedroom apartments are within proximity to several regarded educational institutions including Macquarie University, James Ruse Agricultural High, and Cheltenham Girls School.

The project also leverages Epping’s growing dining and retail precinct, proximity to Macquarie Centre, and access to natural assets including Terrys Creek walking trails and Boronia Park.

[smartcode_project:default project_id=134954 project_image_fid=4399]

With a 33-year track record and over 7,000 dwellings delivered, DASCO continues to develop and build; a business model that enables integrated delivery and peace of mind, especially when Senso is backed by Latent Defects Insurance (LDI), providing 10 years of protection for buyers at no additional cost.

The launch of Senso Epping reinforces DASCO’s active pipeline of Sydney-based developments at a time when the market is increasingly focused on owner-occupier appeal, delivery confidence, and long-term quality.

DASCO is partnering on Senso Epping with leading Australian alternative asset management firm Metrics, which has more than $30 billion in assets under management.

[smartcode_project_cta:default project_id=134954]

DASCO reveals Senso, Epping’s first resort-style apartment development

Preliminary data by research giant Charter Keck Cramer reveals a 54 per cent decline in Build to Sell apartments across Australia's capital cities, while the Build to Rent boom continues with a 378 per cent increase over the last five years.

Charter Keck Cramer's upcoming National State of the Market Report - Key Metropolitan Areas, scheduled for release in September, will reveal&nbsp;a dramatic transformation in apartment supply patterns across Australia's capital cities between FY2016-2020 and FY2021-2025.

The Build to Sell (BTS) apartment sector has experienced a substantial contraction, with total supply falling by 54 per cent compared to the previous five-year period. The decline represents a reduction of 149,200 apartments across all capital cities.

<img alt="BTS Charter Keck Cramer" data-entity-type="file" data-entity-uuid="3db2ddf3-e7c0-481f-b8b9-63efb365cb80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.26.34%E2%80%AFAM.png?VersionId=bsQl8inhZA7FeiPamnGvw1tse0obBdSd" />

Sydney led the downturn with a decrease of 73,600 apartments, followed by Melbourne (-42,800) and Brisbane (-26,800). Perth and Adelaide also recorded significant declines of 6,400 and 2,400 apartments respectively. Only Gold Coast and Canberra bucked the trend, with modest increases of 500 and 2,300 apartments.

In stark contrast, the Build to Rent (BTR) sector has emerged as a major force in the apartment market, recording a remarkable 378% increase in supply. This growth added 8,590 apartments across the capital cities during FY2021-2025. Melbourne dominated BTR growth with 6,160 additional apartments, while Sydney contributed 2,100 units. Brisbane and Canberra also recorded growth of 800 and 330 apartments respectively. Gold Coast and Perth recorded minor declines, while Adelaide maintained steady levels.

<img alt="BTR CKC" data-entity-type="file" data-entity-uuid="ca13ffd4-ab93-4828-afd2-4c3dccbd2b51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-20%20at%2011.28.54%E2%80%AFAM.png?VersionId=SXNnpcJuFD36ViWOwF6izBBqcQc3NWao" />

“These preliminary findings indicate a fundamental shift in Australia's apartment development landscape, with traditional Build to Sell models giving way to institutional Build to Rent developments,” said Richard Temlett, Charter Keck Cramer’s National Executive Director of Research.

"This transition reflects changing investor preferences, regulatory environments and housing affordability challenges across major metropolitan areas.”

The complete Charter Keck Cramer National State of the Market Report – Key Metropolitan Areas will provide comprehensive analysis of these trends, their underlying drivers and implications for developers, investors and policymakers when released in September.

Build to Sell apartment supply drops 54% in five years across Australian capital cities

Verso Development Group is seeking to bring over 1,100 apartments to the heart of Brisbane's Toowong, with plans filed for a $1 billion, triple tower development known as Toowong Central.

The landmark urban regeneration project "aims to reshape the core of Brisbane’s inner-west riverside suburb."

Covering over 1.4-hectares across&nbsp;Sherwood Road, High Street, and Jephson Street, Toowong Central has been designed by KHA and will comprise three towers rising 49, 55, and 58 levels.

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="48611e3d-7123-4b99-b2cb-bfa4bc98024f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenities.png?VersionId=yKBexB.BgCkq4OET8fHDkWs0d3DjxOKJ" />

According to the Urban Context Report prepared by Urbis, Toowong Central is positioned as a “city-defining precinct reclaiming Toowong as ‘the best destination in the west’,” with a vision to deliver density differently, strengthen Toowong’s identity, and lead subtropical urban design.

There will be a wide range of apartment configurations, from one-bedrooms to five-bedroom penthouses, as well as short-term accomodation offerings. The design prioritises pedestrian permeability, with an activated public realm featuring a central civic plaza, laneways, and street-level retail and dining.

“The central square’s structure, programming, scale and location creates a social anchor - shaped by its edges, flexible for use, and animated by a diversity of experiences throughout the day and into the evening,” the Urban Context Report noted, reinforcing the project's ambition to become a vibrant community destination.

Design excellence was pursued through an international design competition, attracting entries from renowned practices such as UNStudio and BIG. KHA’s winning design distinguished itself with a ceremonial approach to the public realm, integrating terraces, tiered seating, and green infrastructure to promote social interaction and resilience.

The development builds upon two existing approvals: the 25- and 20-storey towers of the Aviary Toowong proposal, and a separate 25- and 24-storey approval at 88 Jephson Street. Consolidation of these fragmented landholdings under a precinct-wide approach allows for increased community value and cohesive urban integration.

Urbis Director Nicholas Stevenson said Toowong Central will bridge the gap in Toowong's current experience, unlocking the potential of the wider precinct.

"Overcoming experiential constraints and leveraging contextual advantages – Toowong Central will redefine Brisbane's inner west.”

<img alt="Toowong Central" data-entity-type="file" data-entity-uuid="73f7a702-625d-452d-9df2-30a0863ac1e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/master.png?VersionId=TZdh6wxGC_8IIroXpdkZfuhlS8mFZnea" />

Toowong Central’s ambition extends beyond residential and commercial outcomes. Uses under consideration include a world-class hotel, university facilities, a museum, and health and wellness services, reflecting its role as a western gateway to Brisbane’s growing innovation corridor between the CBD and the University of Queensland.

Urbis Managing Partner James Tuma said Brisbane has no greater opportunity to showcase the future of urban living than Toowong – a sustainable, economically vibrant, and people-centric place that embodies the best of Brisbane.

[The plans] gives us a glimpse into our future as a globally relevant, youthful, entrepreneurial, and distinctly subtropical city.”

$1 billion Toowong Central to deliver 1,100 apartments to undersupplied Brisbane market

In <a href="https://www.apartments.com.au/developments/runaway-bay-qld-4216">Runaway Bay</a>, new townhouse-scale waterfront residences are rare - but ones built to the standards found on Sovereign Island are almost unheard of.

<a href="https://www.apartments.com.au/new-townhouses/ocean-suites-on-jennifer-10-12-jennifer-avenue-runaway-bay-qld-4216">Ocean Suites on Jennifer</a>&nbsp;changes that, delivering a calibre of construction and detailing that places its seven villas well above the typical market offering in this northern Gold Coast pocket.

Ocean Suites on Jennifer will be move-in ready before Christmas this year, giving buyers the chance to spend the summer on the water in one of Runaway Bay’s rare new waterfront residences.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214444]

The development is a collaboration between <a href="https://www.apartments.com.au/architects/stuart-osman">Stuart Osman Design</a> and <a href="https://www.apartments.com.au/developers/sand-side-developments">Sand Side Developments</a>, with construction by <a href="https://www.apartments.com.au/builders/alroe-constructions">Alroe Constructions</a>.

Architect Stuart Osman says the intent from the outset was to create a home people would be drawn to. “When you build anything, the design is to make you want to go hang out in this house,” he says.&nbsp;

Ocean Suites on Jennifer’s design features a front façade softened with planter boxes, rear pool areas, and rooftop decks looking over the water.&nbsp;

Inside, voids and high skylights bring daylight deep into the centre of each home, while ceiling heights of 2.85 metres maintain a strong sense of volume.

Each four-level residence spans 345 to 388 sqm, with layouts accommodating multi-generational living - a ground-floor bedroom suite for older family members and upper levels for the rest of the household. A lift connects all floors.

[smartcode_project:default project_id=138718 project_image_fid=214435]

For Andrew Erwin, Director at NPA, the project’s appeal lies in both its location and the detail in execution.&nbsp;

"At Ocean Suites, you’ve got a canal-front setting with direct Broadwater access and a level of finish you’d normally only see in the city’s most prestigious addresses. The four-level layouts, the glass-framed living areas, the private pools, even the extended kitchens, every part of it has been designed with the buyer in mind,” he says.

Those buyers have so far been a mix of Gold Coast locals and interstate purchasers, many seeking a lock-up-and-leave holiday home or a downsized residence without sacrificing space for visiting family.&nbsp;

Older households with teenage children are a recurring profile, drawn to layouts that support multi-generational living and the ability to host extended stays.

[smartcode_project:default project_id=138718 project_image_fid=214432]

Material selection reinforces the project’s quality-first ethos, with every home appointed to a premium standard. Kitchens and ensuites feature engineered stone surfaces, complemented by prestige oak engineered timber floors, Victorian ash hardwood staircases, and soft loop-pile carpet.

Premium lighting, statement pendants, ceiling fans, and Fujitsu ducted air conditioning elevate both comfort and design. Each residence also includes a suite of high-end appliances as standard - Fisher &amp; Paykel integrated fridges, Bosch ovens, induction cooktops and dishwashers, Vintec wine fridges, and Franke sinks.

Beyond the interiors, residents enjoy an enviable lifestyle with rooftop terraces, private plunge pools, fire pit areas, outdoor showers, smart home automation, laundry chutes, and private pontoons.

[smartcode_project:default project_id=138718 project_image_fid=214452]

With no additional upgrade costs, Sand Side Developments underscores its no-shortcuts approach, delivering homes where luxury and amenity come as standard.

Osman adds that the kitchen has been designed as “the main hub of the house” with six metres high skylights above a galley-style layout that “makes it feel bigger, brighter, whiter” and “brings light into the centre of the home.”

Both architect and builder emphasise a shared commitment to delivering the intended design without compromise. “Working with Alroe’s structural team and their construction team, it’s been great to make sure that the look and feel that was originally intended is the result achieved at the end of the project,” Osman says.&nbsp;

[smartcode_project:default project_id=138718 project_image_fid=214453]

Outdoor living has been given equal consideration, with rooftop terraces designed for entertaining with a fire pit and bar, and spacious undercover patios featuring private plunge pools.

The marine access is as carefully executed as the homes themselves. An eight-metre gangway leads to a six-metre private pontoon capable of mooring vessels up to 30 feet, just 300 metres by water from the Broadwater.&nbsp;

Even the orientation of each villa has been optimised to capture long views down the canal, across the Broadwater, and south to Main Beach.

With construction in its final stages, just three of the seven villas remain, priced from $3.365 million to $3.695 million.

[smartcode_project_cta:default project_id=138718]

Sovereign Island standards come to Runaway Bay with Ocean Suites on Jennifer

Wollert

ASX-listed developer, Cedar Woods are working in response to market demand with their latest masterplanned community.&nbsp;

In response to increasing market demand for affordable townhome living, the group has launched its second townhome offering within Mason Quarter.&nbsp;

[smartcode_project:default project_id=134843 project_image_fid=206200]

Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development&nbsp;

Following the recent sell-out sales success of Mason Quarter’s first SOHO Living&nbsp; collection, Cedar Woods is receiving similar interest from buyers keen to secure a low maintenance yet well-appointed and affordable home.&nbsp;

The group’s Development Director, James Bovell said it was evident that design led townhomes in masterplanned communities were becoming increasingly popular, with first-home buyers and downsizers in particular attracted to their affordability, convenience, and connectivity to the local community.

“With ever changing market conditions, we’re seeing homebuyers increasingly look for locations that offer more amenity,” said Bovell.

[smartcode_project:default project_id=134843 project_image_fid=206203]

“Masterplanned communities, such as Mason Quarter, offer residents a lifestyle that is equipped with surrounding benefits, such as the nearby Wollert Primary School and cafes, restaurants, retail destinations and schools all located within close proximity.”

The release of the latest townhomes complements the most recent Greenfield Market Report by RPM Real Estate, which forecasts an increase in demand for townhomes in Australia due to their versatile layouts and&nbsp; affordable price points for a diverse range of homebuyers.

“Townhomes are particularly attractive to first-home buyers and young families, as they offer purchasers enough space as well as privacy required for adapting needs,” said Bovell.

“We’re seeing a rise of interest in the townhome product, not only in Mason Quarter but our community developments across Australia. The new SOHO Living townhomes at Mason Quarter answers this demand for Melbourne homebuyers, who are looking for elevated design and contemporary living.”&nbsp;

[smartcode_project:default project_id=134843 project_image_fid=206201]

The townhomes are set to feature open-plan layouts, spacious porches, private garages and kitchens with stone bench tops and European-inspired appliances, including an oven, cooktop, range hood and dishwasher.

Once complete, Mason Quarter is slated to accommodate over 800 dwellings, two schools, a community centre, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre with a range of existing infrastructure and public amenity nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

The second release of SOHO Living townhomes in Mason Quarter are now selling, with prices starting from $534,900.

[smartcode_project_cta:default project_id=134843]

Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development 

alisonwarters@gmail.com

Cedar Woods answer demand for townhome living with second SOHO Living release in Mason Quarter

ASX-listed developer Cedar Woods has officially broken ground for its new residential community, Mason Quarter, located in the fast-growing suburb of Wollert.

Mason Quarter is a 64-hectare masterplanned community located 25-kilometres north of Melbourne’s CBD, which will accommodate over 800 residences complemented by a range of lifestyle amenities including green spaces, schools and transport services.

Construction commenced this month with the appointment of Symon Bros. Constructions, continuing the long-standing relationship between Cedar Woods and the contractor, which has been welcomed by Cedar Woods’ Chief Operating Officer Patrick Archer.

“We’re excited to be working with Symon Bros. Constructions once again after many successful outcomes at Williams Landing and Carlingford Estate. Symon Bros. has a strong track record in delivering quality new communities, placing Mason Quarter in good stead to be another highly sought-after location for homebuyers and investors alike,” says Archer.

[smartcode_project:default project_id=95340 project_image_fid=180442]

Situated in one of the City of Whittlesea’s fastest growing suburbs, Wollert, Mason Quarter is slated to attract first homebuyers, growing families, and investors, with the suburb’s population expected to double by 2036.

“Land in Melbourne’s growth corridors is increasingly sought after and buyers are eager to break into this strong market,” Archer added.

“There is a great deal of amenity in the Wollert area already, although with a site of this size we will also be able to establish additional amenity and establish a brand-new community that will be able to enjoy it.”

Mason Quarter includes plans for two schools, a community facility and is located within walking distance of the future Wollert town centre. The project is also near major arterials, including the Hume Freeway and Metropolitan Ring Road, as well as the Northern Epping Hospital and established shopping centres, including Pacific Epping.

[smartcode_project:default project_id=99962 project_image_fid=160810]

Designed around existing nature and access to green space, Mason Quarter has been carefully designed to grow with its community, in close connection to the natural surrounds of the river red gum.

The project includes over thirty tree reserves, a 7.9-hectare conservation reserve, and several parks distributed throughout the community. Mason Quarter will be delivered over the next eight years with land now selling from $188,500, subject to availability.

The leading developers have a strong pipeline of projects planned for Victoria, with a mix of urban subdivisions, medium to high-density apartments and townhomes, retail and commercial developments in the works. &nbsp;

Williams Landing is a 225-hectare masterplanned community that will feature over 3,000 dwellings on completion. The development is set to accommodate a diverse housing mix including traditional lots, terraces, semi-detached townhomes and apartments, plus parklands and sporting facilities.

[smartcode_project:default project_id=111780 project_image_fid=189512]

St.A is a 250-dwelling development on a 6.8-hectare site that is revitalising St Albans with new housing stock and a masterplanned community 16-kilometres north-west of Melbourne’s CBD.

The community will encompass a mixture of detached homes, semidetached townhomes, terraces and a central park with the convenience of nearby education and transport amenity.

Jackson Green is a 6.5-hectare site delivering 151 new houses and 400 apartments in Clayton South.

The development is a unique residential offering 20-kilometres from Melbourne’s CBD, encompassing a central park and a range of townhomes and apartments with the convenience of nearby retail, employment and education opportunities.

[smartcode_project_cta: project_id=99962]

Situated in one of the City of Whittlesea’s fastest growing suburbs, Wollert, Mason Quarter is slated to attract first homebuyers, growing families, and investors, with the suburb’s population expected to double by 2036.



 Cedar Woods breaks ground at Mason Quarter masterplan in Melbourne’s northern-growth corridor

ASX-listed developer Cedar Woods has recently opened a new sales office for its 64-hectare Mason Quarter masterplanned community in Wollert, following a surge in demand for property in Melbourne’s north.

Located within the fast-growing City of Whittlesea, Mason Quarter will accommodate over 800 dwellings and is located just 25 kilometres from the Melbourne CBD.

According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release.

<a href="/developments/wollert-vic-3750"><img alt="" data-entity-type="" data-entity-uuid="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cw_masonsq_078_copy.jpeg" width="1600" /></a>

“Land in Melbourne’s growth corridors is increasingly sought after and buyers are in a rush to get into this strong market.”

The new sales office will help facilitate sales and showcase the unique masterplan design that prioritises access to green space.

The masterplan has been designed to showcase the native vegetation on-site with a 7.9-hectare conservation reserve and over 30 distributed tree reserves with retained mature river red gums.

“We’ve developed a clear vision for Mason Quarter, centred around connection to nature and prioritising outdoor space.”

"There is a great deal of amenity in the area and with a site of this size we will be able to establish a brand-new community to enjoy it," says Archer.

[smartcode_project:default project_id=99962 project_image_fid=160808]

Located on Craigieburn Road in Wollert, Mason Quarter is designed around new and existing amenity.

The development includes plans for two schools, a community facility and is located within walking distance to the future Wollert town centre.

The project is also in close proximity to the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

[smartcode_project:default project_id=99962 project_image_fid=160810]

Covid safety measures are in place at the new sales office with inquiring purchasers able to book a private appointment with a sales agent.

Mason Quarter will be delivered over the next eight years with large 368sqm land lots now selling from $397,500, subject to availability.

[smartcode_project_cta: project_id=99962]

According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release

max.kwok_55688

Land sales soar in Melbourne’s north as buyers “rush” into “strong market”

Developer Cedar W​oods has announced the launch of a new luxury project in Melbourne following an increase in demand for off t​he plan townhomes close to the CBD.&nbsp;&nbsp;

Located in the city-fringe suburb of North Melbourne, 88 Lev​e​​son encompasses 15 three and four-bedroom townhomes, each with private outdoor&nbsp;entertaining space.&nbsp;

The project mirrors Cedar Woods&rsquo; ethos to deliver quality projects that meet buyer demands, chief operating officer Patrick Archer says.

[smartcode_project:default project_id=8945 project_image_fid=178920]

&ldquo;In every project we undertake, our primary focus is developing in areas with access to&nbsp;amenity, creating quality homes, and building community, which are all evident in our latest North Melbourne project.&nbsp;&nbsp;

&ldquo;When considering off t​he plan, purchasers need to feel confident and secure in the&nbsp;outcome of their new home and 88 Leve​son provides that clear vision in a convenient location, only two kilometres from the city,&rdquo; Archer said.&nbsp;&nbsp;

Pre-launch enquiry has indicated the project will be highly sought after, with the volume of enquiry &ldquo;outstanding&rdquo; at the pre-release phase.

[smartcode_project:default project_id=8945 project_image_fid=178922]

&ldquo;This is a result of the lack of off t​​he plan townhome opportunities within inner Melbourne&nbsp;and the current dearth of residential listings,&rdquo; said Marsha​ll White&rsquo;s Mark Dayman.&nbsp;

Designed by Genton, 88 Le​veson caters to the design-savvy buyer with a striking brick fa&ccedil;ade that references the industrial history of the site.

The interiors, curated by Adele Bates, features high-quality modern amenity including Miele appliances and Signorino&nbsp;stone and have been designed for liveability.

[smartcode_project:default project_id=8945 project_image_fid=178921]

&ldquo;The industrial nature of the architecture and local character is seamlessly integrated and&nbsp;juxtaposed with fine design elements carried harmoniously through the homes. The interiors are imbued with a sense of huma​n scale and tactility through fine attention to detail, function,&nbsp;and materiality,&rdquo; Bates said.&nbsp;&nbsp;

88 Lev​eson is only a short distance from the historic Errol Street and within walking distance&nbsp;of Queen Victoria Market, University of Melbourne and the Melbourne Biomedical Precinct.&nbsp;

Its location makes it highly desirable to a range of purchasers, particularly&nbsp;professionals working in the nearby employment precincts.

Construction is anticipated to commence in 2022.&nbsp;

[smartcode_project_cta: project_id=8945]

<h2 style="margin-left: 0.4pt;">Other projects by Cedar Woods</h2>

The national developer Cedar Woods has also been developing other projects in Melbourne, such as the 64-hectare masterplanned community, Mason Quarter.

Located in Melbourne&rsquo;s northern growth corridor, only 25-kilometres from the CBD, Mason Quarter incorporates 800 dwellings, two schools and community facilities.

[smartcode_project:default project_id=99962 project_image_fid=160813]

Land lots within this community are selling now, with 294sqm that boast 10.5-metre frontage available from just $316,000,

The community will offer the opportunity for people to craft their ideal lifestyle in beautiful, natural surrounds with a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums on site.

Mason Quarter is conveniently located within walking distance of the future Wollert town&nbsp;centre and a range of existing infrastructure and public amenity.

The project mirrors Cedar Woods’ ethos to deliver quality projects that meet buyer demands, chief operating officer Patrick Archer explains

Cedar Woods launch boutique North Melbourne townhouse development, 88 Leveson

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new community creating lifestyle opportunities in&nbsp;Wollert.

Delivered by Cedar WoodsThe community offers an&nbsp;opportunity to&nbsp;that suits any lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.&nbsp;

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The&nbsp;project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

<a href="/developments/wollert-vic-3750">Enquire now at Urban</a>.

[smartcode_project_cta: project_id=99962]

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD

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Discover Mason Quarter, the brand new Wollert master-planned community

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new master-planned community set to elevate living in Wollert.

Mason Quarter is a 64-hectare master-planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

Delivered by Cedar Woods, the project incorporates over 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The community will offer the opportunity for people to craft their ideal lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.

The first release of Mason Quarter Terrace townhomes features a collection of two, three and four bedroom configurations with an array of inclusions and upgrades to choose from.

Mason Quarter is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

[smartcode_project:default project_id=99962 project_image_fid=160808]

The community has a variety of land lots to suit a range of budgets. This includes sub-300 sqm small lots in addition to traditional lots over 300 sqm.

They have a range of Home &amp; Land Packages and townhomes such as the SOHO Living Townhomes at starting from as low as $381,500.

These SOHO Living townhomes offer turnkey and hassle-free options, backed with a 10 year structural guarantee from SOHO Living.

[smartcode_project_cta: project_id=99962]

Delivered by Cedar Woods, the project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves

The first townhome release in the brand new Wollert master-planned community Mason Quarter

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A mortgagee house in Wollert has sold for an undisclosed price
It come onto the market seeking $600,000.
Located at 11 Chetwynd Grove, the house features four bedrooms, two bathrooms, and a double garage.
The house sits on a 423 square metre block, and has 242 square metres of internal floorspace.
Built in 2017, the home has not previously been sold.
Wollert’s median house price is $580,000.
Chamara Adihetty, from Ray White South Morang, has the listing.
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Wollert, Victoria mortgagee home sold

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A mortgagee house in Wollert has come onto the market for $600,000.
Located at 11 Chetwynd Grove, the house features four bedrooms, two bathrooms, and a double garage.
The house sits on a 423 square metre block, and has 242 square metres of internal floorspace.
Built in 2017, the home has not previously been sold.
Wollert’s median house price is $580,000.
Chamara Adihetty, from Ray White South Morang, has the listing.
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Wollert mortgagee home listed for $600,000

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Half of the top 20 suburbs in Australia that are under mortgage stress are in Victoria, which is a "serious problem", according to a report by the Grattan Institute.
The report's data, which was based on the latest census, found Wollert, which is about 27 kilometres north of Melbourne's CBD, had the highest percentage of houses under mortgage stress in the nation, at 23 per cent. But sales appear to be humming along nicely.
Roxburgh Park is a close second at 20.9 per cent.
Wollert's median house price sits at $478,000, with listings and sales showing no signs of stress. 
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wollert-125667318">39 Pine Park Drive</a>, Wollert (below) was listed for July auction with hopes between $470,000 to $515,000.
It was sold earlier for a stronger $540,000.
Built in 2013 the block of land was sold in 2011 for $212,000.
A four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wollert-125419758">30 Vanin Street</a>, Wollert (above) has been listed for $525,000.
It was last sold in 2012 for $192,000.
<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/2017/07/11/39%20Pine%20Park%20Drive.jpg" alt="">
A five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-wollert-125694010" target="_blank">13 Pine Park Drive</a>, Wollert (below) was sold this month for $695,000. The agent's pre-auction estimate of its selling price was $680,000 to $740,000.
<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/2017/07/11/13%20Pine%20Park%20Drive.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-wollert-125698470" target="_blank">7 Ludeman Drive</a>, Wollert (below) was sold earlier this month for $601,000.
Built in 2012, it was last sold in 2014 for $365,000 and the block of land was sold in 2010 for $193,000.
<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/2017/07/11/7%20Ludeman%20Drive.jpg" width="700" height="425">
Mortgage stress is defined as any household that spends 30 per cent or more of its income on loan repayments.
"Mortgage stress is particularly acute on the suburban fringes of our major cities, especially Victoria," Grattan Institute Fellow Brendan Coates said.
"Places like Roxburgh Park in the north, Cranbourne West, Burnside Heights and so on, have quite significant mortgage stress.
"I do think this is a serious problem," he told the ABC.
The top 10 most stressed suburbs are:
<ol>
<li>Wollert, VIC (23%)</li>
<li>Roxburgh Park – Somerton, VIC (20%)</li>
<li>Upper Yarra Valley, VIC (20%)</li>
<li>Chullora, NSW (20%)</li>
<li>Mickleham – Yuroke, VIC (20%)</li>
<li>Cranbourne West, VIC (19%)</li>
<li>Burnside Heights, VIC (19%)</li>
<li>Lawson, ACT (19%)</li>
<li>Byford, WA (19%)</li>
<li>Forrestdale – Harrisdale-Piara Waters, WA (19%)</li>
</ol>
The report goes on the say that across the nation, many households could find themselves in trouble if the economic environment changes even slightly.
Just a two percent rate rise "would create more stress than 17pc rate in 1989," the institute has suggested.
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