The top four properties on the market in Melbourne's Glen Eira

Soaring Melbourne house prices have got the downsizer demographic questioning whether now is the best time to sell

The top four properties on the market in Melbourne's Glen Eira
Alia in McKinnon. Image supplied

Soaring Melbourne house prices have got the downsizer demographic questioning whether now is the best time they'll get to let go of the family home.

And that's certainly the case in the Glen Eira precinct, with Heath Thompson, director at Projects by Buxton, saying there's been a strong response from apartment buyers in recent weeks.

"off the plan buying provides significant stamp duty savings for owner occupiers and the opportunity to secure a property at today’s market value and sell their home at later date to take advantage of capital growth in a rising market makes a lot of sense.”

Urban have wrapped up four of the best apartments and townhomes on the market in the Glen Eira LGA.

1. MCKN, McKinnon
Developer: Dealcorp
Prices: Two bedroom apartments start from $720,000

The longstanding Melbourne developer Dealcorp will soon be seeing buyers move in to MCKN, their boutique apartment development in McKinnon.

The project, comprising just 41 apartments across its five levels, has been designed by the award-winning architects RITZ&GHOUGASSIAN and is already 70 per cent sold ahead of its expected August completion.

MCKN has been a hit with families so far, as well as those planning to have kids, due to the size of each apartment and its proximity to McKinnon Secondary College, one of the state’s highest ranked schools.

2. Awaken, Brighton
Developer: Skelton
Prices: Two bedroom apartment from $1.15 million

Awaken is the latest luxury development by the developer Skelton. Leading Melbourne architect Travis Walton designed the building, set in landscaping by ACRE.

The facade's of the 13 townhomes comprise locally-sourced European-styled brickwork and electro-bronze metal detailing.

3. New Ormond, Ormond
Developer: Sloane Property
Prices: Three bedroom townhouses from $1,195,000.

New Ormond is the boutique townhouse project by Sloane Property, who have had Megowan Architectural create the development of just seven townhomes which sit in gardens by John Patrick Landscaping.

Slated for completion in July 2022, the townhomes each have three upstairs bedrooms, an open-plan kitchen, living and dining area which opens to a landscaped courtyard, and a lock-up garage for two cars.

4. Alia, McKinnon
Developer: BCentral
Prices: Three bedroom apartments from $1.19 million.

The recently completed Alia in McKinnon, designed by the well regarded Bruce Henderson Architects, only has a handful of apartments left in the boutique McKinnon Road development.

Also popular for its proximity to McKinnon Secondary College, Alia is located less than 200 metres from McKinnon Station and boasts never to be built out views of the city skyline, bay and ranges.

To read more about Alia, click here.

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
City of Glen Eira Melbourne apartments Melbourne Townhomes

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