Verre in Preston, Melbourne&rsquo;s north, is a new development by Wolf &amp; Lamb on a site steeped in history.

It was one of Urban&#39;s <a href="https://www.urban.com.au/news/vic/urbans-most-popular-vic-projects-for-first-home-buyers-in-q1-2021">most popular VIC projects for first home buyers in Q1 2021</a>&nbsp;for a good reason, with the 57 apartment development offering luxuries inside and out.

Plus one bedroom apartments are available from as low as&nbsp;$385,000, extremely affordable for a first home buyer.

With&nbsp;one, two and three-bedroom apartments available,&nbsp;Melbourne-based architecture studio, Chamberlain Architects went all out on the design.

[smartcode_project:default project_id=7275]

Previously home to&nbsp;the location of a family owned and operated glassworks Peerless Glass, once&nbsp;synonymous with glass innovation in Melbourne, the development is located in a hub of retail, transport and lifestyle activities

Situated in the heart of Preston, Verre is designed with a focus on owner-occupiers and puts residents within minutes of every convenience you could ask for.

Known for its abundance of restaurants and bars, and in close proximity to the Melbourne CBD, Preston is northside Melbourne at its finest. Nearby lifestyle offerings include Merri Creek trail and St. Georges Road bike trail.

Cafe&#39;s and eateries nearby include, Pausa Pranzo, Moon Rabbit, Pad Cha Thai and Joy Jaune

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_balcony.jpg" /></a>

Educational Facilities nearby:

<ul>
	<li>Sacred Heart School</li>
	<li>Preston South Primary School</li>
	<li>St John&#39;s College Preston</li>
	<li>Northern College of the Arts and Technology</li>
	<li>Thornbury High School</li>
	<li>La Trobe University</li>
	<li>RMIT University</li>
	<li>Monash University</li>
</ul>

Off-the-plan buyers have raved about&nbsp;the floorplans, the fixtures and finishes&nbsp;as well as the size of each apartment&nbsp;and the view to the East or West.

It is set for completion in early 2022

Previously home to ‘Peerless Glass’, once synonymous with glass innovation in Melbourne, Verre is located in a hub of retail, transport and lifestyle activities

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Walking tour: The top amenities within walking distance from Preston's Verre apartments

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The ongoing surge in home financing and purchasing as well as the rebound in home prices is being driven by a combination of record low mortgage rates, home buyer incentives and economic recovery.

Investors have clearly now joined the stampede of buyers rushing housing markets, but the overall home loan market share of investors remains at record low levels.

Despite the fact that investor's saw an uptick in market share over February and March.

Meaning that this trend has been lead by the enormous surge in first home buyer lending which soared to record highs due primarily to incentives like the HomeBuilder Grant and other FHB stimuli like stamp duty discounts.

Check out what first home buyers have been keeping an eye on in Q1, here are Urban’s most popular FHB properties:

1. Sixth Avenue, Chelsea Heights 
Address: 15 Sixth Avenue, Chelsea Heights VIC 3196 
Two-bedroom townhouses from $599,000

[smartcode_project:default project_id=32136]

Sixth Avenue, delivered by the Aultun Group, was Urban's most popular project for first home buyers in the first quarter of 2021.

Designed by Point Architects in the near coastal suburb south-east of Melbourne, Sixth Avenue features light-filled interiors, bespoke landscaping and recreational amenities within easy reach.  

Boasting a collection of 59 two, three and four-bedroom residences, the project provides perfect bayside living with an endless array of retail, dining, and recreational amenities all within easy reach. Whether you prefer to take a dip in the sheltered bay waters or seek the rush of adrenaline through sports and activities, Sixth Avenue’s premium location provides for all lifestyles.

2. Live City, Footscray 
Address: 124-188 Ballarat Road, Footscray VIC 3011 
Two-bedroom apartments from $460,000

[smartcode_project:default project_id=3565]

The new masterplanned community, Live City, comprises 208 residences spread across 14 floors, backed by developer R&amp;F Property Australia.

Set to deliver over 1,400 apartments across eight buildings, the Footscray project brings together a fully-integrated, mixed-use community that’s thriving with character and history.

Designed by Elenberg Fraser, each residence features floor-to-ceiling windows, contemporary interiors and an abundance of natural light.

It is the most affordable development on this list with a one bedroom abode available from $350,000.

3. Haven Townhomes, Keysborough 
Address: 42 Homeleigh Road, Keysborough VIC 3173 
Three-bedroom townhouses from $675,000

[smartcode_project:default project_id=8082]

For those First Home Buyers with a family, or seeking something larger Haven Townhomes has been very eye-catching with affordable and stylish three and four bedroom townhomes on offer

Like Sixth Avenue it's another Aultun Group development this time partnering with Cera Stribley Architects.

The Haven estate encompasses a variety of two storey floor plans with the option of choosing a house and land package, or an off-the-plan purchase.

Situated surrounded by thriving wetlands and meandering walking trails, each of the 59 Haven Townhomes are in a prime position for stunning views, access to nature and world-class amenities.

It is set for completion in December 2021.

4. Hawthorn Park, Hawthorn East 
Address: 33 Camberwell road, Hawthorn East VIC 3123 
Two-bedroom apartments from $670,000

[smartcode_project:default project_id=3730]

For those first home buyers prioritising luxury living, Hawthorn Park in Melbourne's Camberwell is turning heads.

Designed by multi-award-winning architect, Rothelowman, Hawthorn Park reimagines the norm of apartment living. 

Hawthorn Park boasts unparalleled amenities - from Melbourne's first sky pool and theatre rooms in selected apartments to a stunning sky lounge and approximately 2000 square metres of parkland curated by landscape architect Jack Merlo. 

Hawthorn Park is host to the priciest two-bedders on this list, however you are definitely getting the above and beyond with resort style amenities.

5. Verre, Preston 
Address: 296 Plenty Road, Preston VIC 3072 
Three-bedroom residences from $815,000

[smartcode_project:default project_id=7275]

Located in Melbourne’s Preston, Verre is the latest offering from the developer Wolf&amp;Lamb.

The Chamberlain Architects designed residences are an entertainers’ delight. Large balconies connect the living room to the outdoors and a rooftop terrace offers a space to host friends or relax against the Melbourne city skyline.

Situated in the heart of Preston, Verre which holds sweeping cityscape views is set for completion in early 2022.

One bedroom apartments are available from as low as $385,000, extremely affordable for a first home buyer.
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The ongoing market surge has been primarily led by FHB's, check out what they are interested in, here are Urban’s most popular properties for first home buyers over Q1:



Urban's most popular VIC projects for first home buyers in Q1 2021

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Verre in Preston, in Melbourne’s north, is a new development by Wolf &amp; Lamb on a site steeped in history.

Set for completion in early 2022, the project comprises 57 one, two and three-bedroom apartments designed by Melbourne-based architecture studio, Chamberlain Architects.

Urban recently spoke with Wolf &amp; Lamb to discuss the luxury project.

MK: What are the highlights of Verre and what has attracted buyers to the project?

W&amp;L: The primary things buyers like about Verre are the look and appearance of the building, The floorplans, the fixtures and finishes and the price. Other things they love about the project is the size of it and the view to the East or West.

[smartcode_project:default project_id=7275]

MK: What was the development’s design brief for Chamberlain Architects?

W&amp;L: The brief to the architect was to create a landmark building that heralds a new era for this part of Plenty Road. It was important for us to develop the site for the long term, and we wanted a building that would stand the test of time, and provide a positive impact on the area.

We were also aware of the fantastic views to the east and the south and wanted a building that took advantage of this. The brief for the apartments was that they be generous in size and considered in the way the space was used.

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston"><img alt="" height="990" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_3.jpg" width="1800"></a>

We are delighted with what the team at Chamberlain Architects have been able to deliver.

MK: What is Verre’s relationship with glass and how has this manifested in the building’s design?

W&amp;L: 296 Plenty Road was the location of a family-owned and operated glassworks factory for over 80 years. The factory — ‘Peerless Glass’ became synonymous with glass innovation in Melbourne. It was one of the first local manufacturers to offer glass products which utilised sandblasting and bending techniques.

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston"><img alt="" height="1000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_2.jpg" width="1800"></a>

To this very day; Peerless Glass’ legacy can still be found all around Melbourne. From residential applications such as sandblasted glass doors (popular for houses built in the 1950s) to public establishments such as yacht clubs and even large department stores such as Myer.

The glassworks ceased operations long ago, but ownership of the building has remained with the original family — spanning multiple generations. The family is proud to present Verre. An evolution of the original glassworks — a fitting homage to its past and in maintaining a connection and nod to the heritage of the original glass works we are offering each apartment buyer a bespoke, hand-blown glass feature pendant light upgrade by Melbourne-based glass designer; Mark Douglass. An organic statement piece it sits effortlessly alone and great as a cluster. This offer is exclusively for Verre buyers.

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston"><img alt="" height="1079" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_4.jpg" width="1800"></a>

MK: Where have buyers come from, and who is the development appealing to?

W&amp;L: The majority of the buyers are locals who have been renting in the area.  A fair number of these have been first home buyers but we have had a couple of downsizers and upsizers too.

 

MK: Are there any other residential developments in the pipeline?

W&amp;L: Currently we are in the early stages of securing another site in Preston and St Kilda
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Set for completion in early 2022, the project comprises 57 apartments designed by Melbourne-based architecture studio Chamberlain Architects.



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What buyers need to know about Verre in Preston: Urban chats with developer Wolf & Lamb

Melbourne's northern suburbs are&nbsp;renowned for maintaining a strong sense of community, with the key to Melbourne north's lasting appeal being a the combination of a&nbsp;laid-back village feel and utmost convenience.

They are&nbsp;ideally placed to take advantage of both the&nbsp;city just a short commute away as well as more local secrets.

Urban checked out five&nbsp;of the hottest developments to consider when looking to buy in Melbourne's north.

1. One Coburg Quarter 
Address:11 Urquhart Street, Coburg VIC 3058 
One-bedroom residences from $351,000

[smartcode_project:default project_id=3783]

One&nbsp;Coburg Quarter&nbsp;is a much sought-after address in the Melbourne north suburb of Coburg.

The project, set to be&nbsp;completed in a few months, is being&nbsp;developed by&nbsp;Future Estate&nbsp;and has been designed by architecture firm&nbsp;Rothelowman.

There are only has a limited number of its one and two bedroom apartments left, with residents moving in&nbsp;May&nbsp;after a three and a half year build.

One of the most unique elements of One Coburg Quarter is that it incorporates the bluestone walls which were once part of the Pentridge Prison which once sat on the site.

Residents of One&nbsp;Coburg Quarter&nbsp;will have access to&nbsp;a residents’ bar and lounge with a stone wall built-in fireplace, a kitchen and a library, as well as&nbsp;a sky garden with a barbecue, seating and city views on the top level.

2. Canvas, Brunswick 
Address: 272 Barkly Street, Brunswick VIC 3056 
Two-bedroom residences from $680,000

[smartcode_project:default project_id=29358]

ID_Land’s latest Brunswick development, Canvas&nbsp;offers residents a premier home with breathtaking vista's.

Designing a building offering a collection of 62 one, two and three-bedroom apartments,&nbsp;Rothelowman&nbsp;Architects has placed people at&nbsp;the cornerstone of their design.

Located on the building’s rooftop is a variety of communal spaces providing residential amenity and green spaces, with views of Melbourne’s city skyline and parks.

Canvas lies in the heart of Brunswick’s vibrant community with retail hotspots, diverse eateries and bustling bars that are just a short walk away.

3. Verre, Preston 
Address: 296 Plenty Road, Preston VIC 3072 
Three-bedroom residences from $815,000

[smartcode_project:default project_id=7275]

Located in Melbourne’s Preston, Verre is the latest offering from Wolf&amp;Lamb.

The&nbsp;Chamberlain Architects&nbsp;designed residences are an entertainers’ delight. Large balconies connect the living room to the outdoors and a rooftop terrace offers a space to host friends or relax against the Melbourne city skyline.

Situated in the heart of Preston, Verre&nbsp;is set for&nbsp;completion in early 2022.

One bedroom apartments are available from as low as&nbsp;$385,000.

4. Reflections, North Melbourne 
Address: 108 Haines Street, North Melbourne 
One-bedroom residences from $360,000

[smartcode_project:default project_id=2533]

Delivered by Revel Development Group, Reflections is a unique opportunity to own a lifestyle in the heart of the highly sought after suburb of North Melbourne.&nbsp;

The Plus Architecture-designed&nbsp;curves&nbsp;combine to shape each balcony frame the outlook to neighbouring Gardiner Reserve, while also creating an individual sense of place for each residence as no two shapes are the same.&nbsp;

Available six&nbsp;days per week for residents, the concierge service will further enhance the convenience and luxurious nature of life at Reflections.

Reflections is also the latest development keeping people connected via convenience with an&nbsp;app for all purchasers to download. Access important information whenever and wherever you require.

On level four, Reflections&nbsp;reveals an expansive residents' garden that gazes out across the treetops to the CBD skyline. Artfully composed by the renowned Jack Merlo Design, the garden features large expanses of grassed space, lush garden beds, covered dining areas and large, circular bench seats, ideal for gathering with friends and basking in the sunset.

5. Trilogy Place, South Morang 
Address:&nbsp;360 McDonalds Road, South Morang 
Two-bedroom residences starting from $399,000

[smartcode_project:default project_id=29388]

Delivered by&nbsp;Gibson Property Corporation, Trilogy Place features range from&nbsp;stunning parkland views to solar power integration, with options to add a 10kWh battery storage system and 5kW solar panel array.

The 6 star green townhouse development was constructed in collaboration with Village Building.

Situated just 25 kilometres from Melbourne's CBD, residents can be in the city in minutes, or enjoy the local convenience of the Whittlesea area.&nbsp;

Trilogy Place is within walking distance to Westfield Plenty Valley, Pipetrack Park, Plenty Gorge Parklands, Morang South Primary School, Mill Park Secondary College, Marymede and Parade Catholic Colleges, RMIT, La Trobe University, local supermarkets, and great public transport options.

Five properties to consider if you're looking for a home in Melbourne's north

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Located in Melbourne’s Preston, Verre is the latest offering from Wolf&amp;Lamb. Urban takes a look at eight reasons why you should secure a residence in the luxury complex today. 
 

1. The building is steeped in history

Located at 296 Plenty Road, Verre was originally the location of a family-owned and operated glassworks, Peerless Glass. Paying homage to its past, the development is named after the French word for glass.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-02-02_at_5.51.41_pm.png" rel="gallery-all" title="Peerless Glass Sales, c.1987. Image: Wolf&amp;Lamb"><img alt="" class="image-article-full-width-580px" height="392" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-02-02_at_5.51.41_pm.png?itok=_2lO-R6F" title="Peerless Glass Sales, c.1987. Image: Wolf&amp;Lamb" width="580"></a>

<figcaption>Peerless Glass Sales, c.1987. Image: Wolf&amp;Lamb</figcaption></figure>Peerless Glass was “one of the first local manufacturers to offer glass products which utilised sandblasting and blending techniques”, the project marketing reads. 
 

2. Delivered under the guidance of the original family

The ownership of the building remained with the original family, spanning multiple generations. Today, Verre offers a new chapter for future generations, delivering 57 residences under the guidance of the original family’s grandson. 
 

3. Own a bespoke Mark Douglass hand-blown glass light pendant

Maintaining the connection to high-quality glassworks, each apartment sale at Verre will include a bespoke hand-blown glass creation, produced by Melbourne-based glass designer, Mark Douglass.

The ‘Melbourne Glassworks’ owner, who has been creating glasswork since 1989, will construct a glass light pendant that will sit as the statement piece of every Verre residence.

 

4. Designed by Chamberlain Architects

With architecture by Chamberlain Architects, the development provides contemporary style and sleek apartment design.

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston" target="_blank"><img alt="" height="1842" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/296-plenty-road-preston-e51de2cb8649aac9e68394422f52e2db.png" width="3356"></a>

Verre homes are steeped in high-quality fittings, including large floor-to-ceiling sliding doors, balconies and spacious bedrooms with built-in wardrobes.

Chamberlain’s past projects include Northcote’s Merri Green and Parkdale’s Topaz.

 

5. Ideal inner-north location

Situated in the heart of Preston, Verre is designed with a focus on owner-occupiers and puts residents within minutes from retail, transport and lifestyle activities.

Known for its abundance of restaurants and bars, and in close proximity to the Melbourne CBD, Preston is northside Melbourne at its finest.

Nearby lifestyle offerings include Merri Creek trail and St. Georges Road bike trail. 
 

6. The rooftop terraces

The architecturally-designed residences are an entertainers’ delight. Large balconies connect the living room to the outdoors and a rooftop terrace offers a space to host friends or relax against the Melbourne city skyline.

<a href="https://www.urban.com.au/new-apartments/verre-296-plenty-road-preston" target="_blank"><img alt="" height="1234" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/roofftop.jpg" width="2158"></a>

7. Developed by Wolf&amp;Lamb

Set for completion in early 2022, Verre is the latest project delivered by development firm Wolf&amp;Lamb.

Expressing contemporary living through innovative design, generous layouts and utility, Wolf&amp;Lamb aims to create enduring designs, each embued with their own identity and sense of place.

 8. HomeBuilder-qualifying

Certain residences at Verre qualify for the Victorian Government’s various off-the-plan incentives, including the HomeBuilder grant, first home owners grant and the first home loan deposit scheme.

There has never been a better time to buy a home.

[smartcode_project:default project_id=7275]

Apartments in Verre begin at $385,000 for a one-bedroom apartment, while three-bedroom residences are priced from $815,000.
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Located in Melbourne’s Preston, Verre is the latest offering from Wolf&Lamb and Chamberlain Architects

Top 8 selling points of the luxury Preston apartments, Verre

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The Melbourne apartment market has continued to see price growth at the start of 2021 following a strong run toward the back end of 2020.

The median apartment value was up 0.1 per cent, according to data analytics firm CoreLogic, following from 0.6 per cent gains in December and 0.7 per cent gains in November.

The gain sees the median apartment value hit $577,206. Apartment investors were given a boost over January, with unit rents holding firm having declined 7.8 per cent over the past year.

Urban has taken a look at five apartments blocks to secure under or around the median apartment value.

<h2>1. Collins &amp; Bates, Chadstone</h2>

Price: Two bedroom apartments starting from $520,000.

[smartcode_project:default project_id=3950]

In the 98 residence Collins &amp; Bates, you can secure a two bedroom apartment for well below Melbourne's median apartment value. Prices for two beds start from $520,000, with one bed apartments from $420,000. All three bedroom residences, which started from $1 million, are sold out.

Aultun Property Group are the developers behind Collins &amp; Bates. They had Point Architects design the residences and had C&amp;C Interiors handle the interiors which feature Caesar stone bench tops, porcelain splashbacks, Bosch appliances, wool carpets and engineered oak timber flooring.

<h2>2. Hurstmon, Malvern East</h2>

Price: One bedroom apartments starting from $449,000.

[smartcode_project:default project_id=4807]

Landream's Hurstmon development, set for completion in early 2022, has one bedroom apartments available from as low as $449,000. Their two bedroom apartments are a step up, starting from $795,000.

Designed by Telha Clarke, the 39 residence development is surrounded by stately trees and lush, established gardens.

<h2>3. Verre, Preston</h2>

[smartcode_project:default project_id=7275]

Wolf&amp;Lamb's Verre development, set for completion in early 2022, has one, two and three bedroom residences on offer with prices ranging from $385,000 to $815,000.

The 57 residence complex has been designed by Chamberlain Architects.

<h2>4. Melbourne Grand, Melbourne</h2>

Price: Two bedroom apartments starting from $569,000.

[smartcode_project:default project_id=3490]

Winner of the HIA Victorian apartment complex of the year for 2020, the Melbourne Grand has its two bedroom apartments starting from $569,000, just below Melbourne's median apartment price.

The 652 unit project, developed by Central Equity, offers a range of one, two and three bedroom apartments priced from $489,000.

<h2>5. Volaire, West Melbourne</h2>

Price: Two bedroom apartments starting from $599,000.

[smartcode_project:default project_id=2407]

Just above Melbourne's median price are two bedroom apartments in the 159 apartment development Volaire. The CBUS Property-developed project spanning 10 levels has been designed by Hayball to pay homage to the site's industrial heritage with its architectural façade.

The triangular building features cantilevered balconies and occupies its own island site with a ground floor restaurant.

 
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Apartment investors were given a boost over January, with unit rents holding firm having declined 7.8 per cent over the past year.

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