Melbourne sandbelt booming as Cedar Woods' Jackson Green launches boutique Wattle apartments

Melbourne sandbelt booming as Cedar Woods' Jackson Green launches boutique Wattle apartments
Melbourne sandbelt booming as Cedar Woods' Jackson Green launches boutique Wattle apartments

Demand for properties in Melbourne's south-east has created an apartment building boom among the city's 'sandbelt suburbs'.

Clayton South, MENTONE, Moorabbin, Mordialloc and Oakleigh, in particular, are experiencing a surge in apartment buildings.

A report prepared by Urbis in August states that there are currently 25 developments within the area that will create 1,534 new apartments within the next three years.

Cedar Woods state manager, Patrick Archer, states that the growing demand in Clayton South and neighbouring sandbelt suburbs were key factors when choosing to create the company’s masterplanned Jackson Green community.

With apartment prices comparable to inner-city suburbs, sandbelt neighbourhoods are becoming increasingly popular for providing buyers with larger apartment sizes than their city counterparts.

Sales recently commenced at Cedar Woods' Jackson Green community for their Wattle Apartments.

The boutique apartments offer buyers the opportunity to purchase one bedroom one bathroom, two bedroom one bathroom and two bedroom two bathroom apartments ranging from 50-52 square metres, 73 square metres and 71 square metres to 75 square metres respectively.

Tags: 
Melbourne Cedar Woods

Comments

Be the first one to comment on this article
What would you like to say about this project?