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

Bradmill, Yarraville

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

41 Home Street, Reservoir

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

Brunswick Established

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

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

82 Purinuan Rd by M3 Group

Nestled along the serene Merri Creek in Northcote, The Wilds is a groundbreaking residential development featuring 15 ar...

The Wilds, Northcote

Early 3191, Sandringham townhouses: The epitome of modern living - Construction complete!Nestled in the blue chip baysid...

Early 3191, Sandringham

Masterfully envisioned in the heart of Melbourne's thriving suburb of Doncaster, Parc sets the standard for luxury townh...

Parc, Doncaster

Lori, Glen Iris, presents a limited collection of eight boutique three-bedroom townhouses, each crafted with meticulous ...

Lori, Glen Iris

LUMA Sunshine North is a master-planned community in Sunshine North, Victoria, designed to promote a healthier, more con...

LUMA Sunshine North

Experience the epitome of contemporary living in Northcote's heart at Bastings Community, Westgarth. Only 5km from Melbo...

Bastings Community, Westgarth

Welcome to Saison, the epitome of sophisticated living in the blue-chip suburb of Balwyn North. Developed by Emery Group...

Saison

EVER Elwood offers a reimagined lifestyle of quiet luxury in one of Melbourne’s most sought-after locations. Nestled bet...

Ever Elwood


	Inner-city lifestyle in Richmond.
	Tranquil and spacious terraces with light-filled interiors.
	Private gardens or ...

Gramercy Terraces

ELEMA Brighton offers a boutique collection of 12 three-bedroom, three-storey townhomes, designed to blend modern archit...

ELEMA Brighton

Fitzrovia Residences




Introducing New Townhomes, Murrumbeena, an exceptional townhouse development nestled in the peaceful and leafy poc...

New Townhomes, Murrumbeena


	Dedication to green space in the private and public realm.
	Light filled interiors interacting with nature.
	Locate...

Coburg Collective

The Clarendon Collection, an exclusive array of townhouses nestled in Melbourne's sought-after south-eastern suburbs. Cr...

The Clarendon Collection, Carnegie

The Bellevue

MASSIVE STAMP DUTY SAVINGS NOW APPLY

THIS IS THE ONE YOU HAVE BEEN WAITING FOR

CONSTRUCTION COMMENCING EARLY 2025...

Carolina Place

Urban's Top 3 Reasons to Love Wembley Hill

1. A Vibrant Urban Oasis in Box Hill South
Wembley Hill isn't just a plac...

Wembley Hill

Welcome to The Fabric, Mirvac's exceptional award-winning community in Altona North, just 9km from the bustling heart of...

The Fabric, Altona North

Set in the heart of Heidelberg West, 23 Derna Street offers a boutique collection of four thoughtfully designed townhous...

23 Derna Street, Heidelberg West

Introducing Haven, a collection of 2, 3 &amp; 4 bedroom townhomes, now selling in Altona North. A highly handcrafted app...

Haven, Altona North

Nestled amidst the serene charm of Elsternwick, Seymour & Blanche emerges as an architectural masterpiece, a testament t...

Seymour & Blanche, Elsternwick


	Impeccably designed 3 bedroom townhomes.
	5 minute walk to the beach.
	Located near leading schools, vast parklands...

Port Lane

VETRO by CADRE

Don’t miss your opportunity to snap up the family lifestyle you’ve always dreamed of in “Easton Place” - a brand new bou...

Easton Place

With Stage 1 residents moved in, construction of the final stages is progressing fast—all homes scheduled for completion...

Elements

Thomas Constructions presents Marlu - 29 Service Street, Hampton. This meticulously crafted townhouse development has be...

Marlu,  Hampton

Wattle House is a masterplan development set to establish a new residential community within this incredible suburb. Des...

Wattle House, Maidstone


	Minimalist, industrial inspired three and four storey townhouses.
	Prime location within the cultural heart of West ...

Townhaus

Montrose

At 82 New Street, South Kingsville, a collection of newly constructed townhomes stands as a beacon of modern living. Cra...

82 New Street, South Kingsville

Tate

With construction just completed, Alfriston House combines high-end finishes, superior design and an envious location to...

Alfriston House

Marmont Residences

Striking architectural design reflecting the heritage of the area.Located in the vibrant and cultural melting pot of Ric...

Shelley St

104 Main Street, Blackburn

Oakside

392 New & off the plan townhouses for sale in Melbourne, VIC

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New & off the plan townhouses

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.

8 New & off the plan townhouses for sale in Melbourne, VIC

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