BLVD at Melbourne Square - 29 Balston Street, Southbank, VIC
Developed by OSK Property
Designed by Cox Architecture an...

BLVD at Melbourne Square

Located on the historic site of Fitzroy’s former Regent Theatre, The Regent is a new residential development that brings...

The Regent Fitzroy

Bradmill, Yarraville – An Icon Reimagined for Modern Living. A Community Redefined

Bradmill transforms Yarraville liv...

Bradmill, Yarraville

In the evolving landscape of Melbourne's residential market, Iridian Residences emerges as a noteworthy development in H...

Iridian Residences, Hampton East

We are excited to announce that Ironside have been appointed as the builder for Candela Apartments, and construction has...

Candela Ivanhoe

Experience the epitome of urban living at Prince & Parade, the premier choice for new apartments in Brunswick. Located o...

Prince & Parade by Mirvac, Brunswick

Exquisite on-site resort-style amenities
Purchase a Skyhome Series apartment and receive a Coco Republic design consult...

Melbourne Square

Welcome to The Queensbridge Building, where life’s pursuits meet the ultimate in luxury living. At the heart of this exc...

The Queensbridge Building, Southbank

Rosella Apartments in Murrumbeena present a distinctive opportunity for modern living within a sleek seven-level tower. ...

Rosella, Murrumbeena

Set in the heart of Clifton Hill, 33 Queens Parade offers a sophisticated collection of townhomes, apartments, and penth...

33 Queens Parade, Clifton Hill

Scotch Hill Gardens, situated at 147 Robinson Road in Hawthorn, presents an exceptional opportunity to experience elevat...

Scotch Hill Gardens, Hawthorn

This new high-rise apartment development in the heart of West Melbourne offers a stylish and spacious living experience ...

Parkhill Apartments, West Melbourne

Elevate Your Lifestyle at Highett Common Apartments - Where Nature Meets Luxury

Construction Commenced || Move In mid...

Highett Common

Fernhurst: A Sanctuary of Architectural Excellence in Studley Park
Crafted by the acclaimed team behind the award-winni...

Fernhurst Kew

Madeline, Moorabbin introduces a new standard of refined living to the heart of this thriving suburb. Developed by Pitar...

Madeline, Moorabbin

Carmine House: A New Standard of Living in Richmond

Carmine House, located in the heart of Richmond, presents an exce...

Carmine House, Richmond

Irving Domain – Elevated Living Overlooking Box Hill Gardens
1, 2, and 3-Bedroom Apartments Starting at $495,000 | Enjo...

Irving Domain, Box Hill

Alphington Portfolio is a masterfully planned residential development offering a premium selection of architecturally de...

Alphington Portfolio

Monument 640 Burke Street, an extraordinary development by Far East Consortium that seamlessly blends heritage with mode...

640 Bourke Street, Melbourne

Discover a new standard of living at 41 Home Street, Reservoir—a collection of meticulously designed architectural resid...

41 Home Street, Reservoir

EVA Elsternwick Village Apartments by Pitard Group brings a refined mix of luxury and practicality to one of Melbourne’s...

EVA Elsternwick Village Apartments

Tranquil, secluded and immersed in nature, Elsternwick Gardens by Milieu is a new neighbourhood in Melbourne’s leafy sou...

Elsternwick Gardens by Milieu

Collins Wharf redefines waterfront living in Melbourne, where the iconic Collins Street leads to an exclusive dual-water...

Ancora at Collins Wharf, Docklands

Welcome to Malvern Collective Penthouse Collection, a stunning new precinct in the heart of Malvern, offering a lifestyl...

Malvern Collective

333 StK offers an exclusive collection of residences that redefine sophistication in St Kilda, Victoria. This prestigiou...

333 StK

Save on stamp duty before construction completes!Welcome to Linacre Rise, a beacon of modern living nestled in the heart...

Linacre Rise, Hampton

Nestled in the heart of East Melbourne, Victoria, Eblana offers more than just luxurious apartments; it's a journey thro...

Eblana, East Melbourne

Discover the ultimate Melbourne lifestyle at Louise Melbourne - 8 Louise Street. 
These stunning apartments offer a uni...

Louise Melbourne

A blend of comfort and elegance in a vibrant locale

Nestled at the junction of Wanda and Hawthorn Roads, Wanda Terrac...

Wanda Terraces, Caulfield North

A rare offering of two, three and four bedroom townhomes are now selling from $1,444,000. Book your private display suit...

Brunswick Established

Urban's three favourite things about The Evermore:

Slender and chic design.
Proximity to parklands and South Melbour...

The Evermore, Southbank

Welcome to The Eighth, a development that not only promises unparalleled luxury but also offers the best of Domain Preci...

The Eighth, South Melbourne

Due North offers a dynamic mix of two-bedroom apartments, perfect for owner-occupiers and investors alike. Featuring sop...

Due North, Preston

Urban's favourite things about West Side Place, Melbourne


	Abundant green space and communal areas
	Mixed use prec...

West Side Place, Melbourne

Located at 6 Cross Street, Footscray, Crossley & Bourke offers a sophisticated selection of 1, 2, and 3-bedroom apartmen...

Crossley & Bourke, Footscray

Construction is underway for 111 Carpenter, a boutique development of seven meticulously designed townhomes in Brighton,...

111 Carpenter, Brighton

Arden Residences emerge as a beacon of contemporary living, nestled in the heart of Doncaster East, Victoria. This remar...

Arden Residences, Doncaster East

Plant Street, Malvern: A testament to innovative luxury living

​​Welcome to the epitome of luxurious living nestled i...

Plant Street by Milieu, Malvern

Incorporation of the public realm into the development.Spacious and light filled residences with respectful setback so t...

Penny Lane, Moonee Ponds

Experience an exquisite fusion of traditional and contemporary design with NOVA contemporary townhomes.

NOVA is the f...

NOVA at Polaris 3083, Bundoora

Introducing 82 Purinuan Rd by M3 Group – Modern Townhouse Living in Reservoir

Situated in Reservoir, Victoria, just 1...

82 Purinuan Rd by M3 Group

Victoriana Melbourne, where fine architecture meets the demands of the people, with large residential apartment floor pl...

Victoriana, Melbourne

1759 New & off the plan developments for sale in Melbourne, VIC

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New & off the plan developments

Melbourne has been voted as one of the world’s most liveable cities according to The Economist's Global Liveability Index 2023. The diverse demographics that call Melbourne home, as well as its cafe culture, vibrant street art, world-class universities and restaurant institutions, has made it not only one of the best places to live in Australia, but in the world.

<h2 style="line-height: 1.38; text-align: justify;">Melbourne New Development Sector</h2>

The Melbourne off the plan apartment and townhouse development market is ripe to benefit from the forecasted boom in population, as well as the record low approval levels in the Victorian capital.&nbsp;

Charter Keck Cramer says prices in the off the plan market could rise as much as 25 per cent.

Their analysis found that established units (townhouses and apartments) are currently undervalued by between 15% to 20%, and given the supply v demand imbalance, will continue to correct upwards over 2024 as the market finds a new equilibrium.

Unit values in Melbourne, which incorporates both apartments and townhouses, rose 0.1 per cent in April, according to data from property data analytics firm CoreLogic's Monthly Hedonic Index.

The value of units outstripped houses for the second month running. House values decline -0.2 per cent over April.

<h2 style="line-height: 1.38; text-align: justify;">The biggest developers in Melbourne</h2>

The biggest off the plan apartment and townhouse developers currently are Mirvac, Lendlease, GURNER, PACE Development Group, Beulah and Milieu. They operate across the whole of Metro Melbourne, with developments in Southbank, Brunswick, Docklands, Flemington, Coburg and Elsternwick. At the start of 2024, Urban reviewed the top off the plan apartment and off the plan townhouse developers in 2024. (link?)

Some of the largest off the plan developments currently under construction are Trielle by Mirvac in Docklands, Collins Wharf by Lendlease, STH BNK by Beulah in Southbank, and the Highett Common masterplan by Sunkin Property Group in Bayside.

The biggest news in 2024 in the Melbourne off the plan apartment market and the Melbourne off the plan townhouse market has come from some of Melbourne's most popular suburbs.

Fitzroy, one of Melbourne’s oldest suburbs, has hit a new high following the sale of three amalgamated apartments in Chapter Group's Fitzroy Fitzroy project on Smith Street.

The three combined apartments, which will make a 400 sqm home with 120 sqm of outdoor entertaining space, sold for around $10 million.

Brunswick, on the other hand, has seen one of its fastest-selling projects with Beulah’s Brunswick Established, which has collectively sold 65 per cent of its townhomes during the first day of launch.

The sales success equated to $32.5 million worth of sales.

<h2 style="line-height:1.38; text-align:justify; margin-top:24px; margin-bottom:8px">The next wave of new Melbourne developments</h2>

Looking ahead, Melbourne developer Ross Pelligra is set to take on one of his largest projects to date, lodging plans for a huge multi-stage precinct in Melbourne's growing Fishermans Bend precinct.

Citinova Director Nathan Minicozzi said since the Architectus-designed proposal was submitted, they've received positive feedback from the council.

The 1.77-hectare site at 99-109 Lorimer Street will be home to two towers—one will be dedicated build-to-sell, while there will be more build-to-sell apartments in tower two that will be home to 200 hotel rooms and extensive amenities.

The five-stage project will include an unencumbered 3,075 sqm public open space by landscape architect Mala Studio.

Port Melbourne's neighbouring suburb, Southbank, is also looking ahead for future developments with plans submitted by LAS Group for a new 25-level tower designed by Fender Katsalidis (FK).

FK has put together plans for the 188-apartment tower at 38 Clarke Street, on the corner of City Road and Clarke Street just behind Crown Melbourne.

On the other side of the Yarra River, lifestyle developer GURNER™ has submitted plans for the first stage of its Docklands mega-project, Elysium Fields.

Gurner says Elysium Fields has been created around the concept of a futuristic wellness and anti-ageing utopia,&nbsp; where purchasers will have access to some of the world’s most advanced anti-ageing, holistic health and nature-based wellness principles within a city forest and landscape oasis.&nbsp;

Elysium Fields will be located in a 27,000 sqm island infill site at 208-226 Harbour Esplanade, which once complete will encompass circa 1700 dwellings with an end value of $1.7 billion.&nbsp;&nbsp;

Designed by Fraser &amp; Partners, the development will include over 1,350 BTR and BTS apartments, a retail and hospitality precinct, a 4-star short-stay hotel of circa 100 keys and another premier 5-star hotel in the main tower of over 250 keys, with state-of-the-art conference facilities, a business club and hospitality offerings.&nbsp;

GURNERTM has also submitted plans for its 4,651 sqm trophy site at 424-426 St Kilda Road for around 200 apartments over a 19-level building designed by One World Trade Centre architecture firm SOM, with a focus on large two, three, four bedroom and two double-storey penthouse offerings, alongside a signature amenity offering.

1759 New & off the plan developments for sale in Melbourne, VIC

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