The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
EducationStaff WriterThu 10 Nov 16

Melbourne's ‘Sandbelt Suburbs' Reaches For Apartment Hotspot Crown

JG-Wattle-Apartments-North-Eastern-Corner-POS_620x380

High demand for properties in Melbourne’s south east has created an apartment hotspot among the city’s ‘sandbelt suburbs.’City of Kingston suburbs Clayton South, Mentone, Moorabbin and Mordialloc are experiencing an increase in apartment buildings. A report prepared by Urbis in August states there are currently 25 developments within the area that will create 1534 new apartments within the next three years.

Cedar Woods Properties State Manager Patrick Archer said the growing demand for properties in the sandbelt suburbs was a key factor when choosing to launch the Wattle Apartments at the company’s master-planned Jackson Green community.

The four-storey boutique apartment building is located at the entry of Jackson Green in Clayton South, and is complemented by the adjacent central park.

“The Wattle Apartments are a unique opportunity to buy generous proportioned apartments with seamless integration between indoor and outdoor living areas within a well-designed boutique building in a master-planned community,” Mr Archer said.

 Future releases within the master-planned community will include more apartments, plus home and townhouse products.

The sandbelt refers to the triangle of suburbs extending south from Brighton along the coast of Port Phillip Bay to Frankston and as far east as Heatherton.

Research from Oliver Hume Real Estate Group shows the average size of a one bedroom Melbourne CBD apartment sold off the plan is just 44 square metres, or 59 square metres for a two bedroom.

A recent research study conducted by Kingston City Council states that in the next 15 years the City of Kingston’s population is estimated to grow by 24,000. The majority of these new residents will live in key activity centres, with the proportion of apartments expected to rise from one per cent to 16 per cent.

The appeal of the sandbelt suburbs lies in their established amenities, close proximity to bayside beaches and the CBD, along with numerous education and employment opportunities.

“We were pleased to see such an overwhelming success in Jackson Green’s first four stage releases and the release of the Wattle Apartments has been equally well received,” Mr Archer said.

Jackson Green has recorded strong sales since launching their home and town home product, with buyers mainly made up of owner-occupiers and local investors.

ResidentialAustraliaConstructionReal EstateArchitectureConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
Qld Budget 2025-26 Brisbane City
Exclusive

Billions Promised, Now Deliver: Industry’s Qld Budget Verdict

Vanessa Croll
6 Min
Medium Density housing in NSW
Exclusive

NSW Budget ‘Groundbreaking’ $1bn Guarantee to Unlock Housing

Leon Della Bosca
7 Min
View All >
Residential

National Home Prices End Year on Record High

Lindsay Saunders
Linic Property Group Saunton Jindalee
Residential

Linic Group Moves 43-Unit Jindalee Scheme Ahead

Leon Della Bosca
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
Smaller private investors and family offices are reshaping the funding landscape, taking on early planning risks for big…
LATEST
Residential

National Home Prices End Year on Record High

Lindsay Saunders
3 Min
Linic Property Group Saunton Jindalee
Residential

Linic Group Moves 43-Unit Jindalee Scheme Ahead

Leon Della Bosca
3 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Lindfield SSD Resi EDM
Residential

North Shore $154m Apartment Play Tests Zoning Limits

Vanessa Croll
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/melbournes-sandbelt-suburbs-reaches-apartment-hotspot-crown