First home buyers snap up apartments as Arches Maribyrnong construction commences
Construction has commenced at Arches Maribyrong, the contemporary apartment development by Rising Sun Developments.
They've secured over 60 per cent of sales, with the majority of buyers being first home buyers and owner-occupiers who already live in the west.
The affordable price tags saw first home buyers snap up apartments which are priced from $385,000 for one bedders, $485,000 for the two beds and three bedrooms from $895,000.
There are 36 apartments across its nine levels. Completion is expected before the end of 2022.
Aside from the price, the development's other biggest driver is its location, just 200 steps from Highpoint Shopping Centre, one of the biggest shopping centres in Melbourne.
The Sloane Street project also sits within the Highpoint Major Activity Centre, a precinct designated for major growth by the government.
Featuring interiors by the local interior design firm Golden, each apartment features a kitchen with Smeg appliances and Terrazzo benchtops, integrated fridge options and LED lighting. Select apartments have a butler's pantry and walk-in closets.
Crowning the development is a 360-degree sky garden, complete with barbecue facilities and lounge and dining seating. There's a further garden on the level six podium.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
