First home buyers jump at Victoriana apartments on Melbourne's Albert Park

CDG Group’s landmark Melbourne apartment development, Victoriana, has captured the attention of first home buyers.

According to data from MatterFact, the new data product by Urban.com.au, first home buyers have consistently been the most engaged buyer group, surpassing downsizers and rightsizers in enquiries over the past six months.

Feedback from buyers highlights the quality of the finishes and the development’s prime location as its key attractions. 

Designed by Rothelowman and completed in 2021, Victoriana features cascading terraces and vertical gardens which are designed to harmonise with the surrounding Albert Park Lake and Fawkner Park.

Located on Queens Road, between the two famous parks and just off St Kilda Road, Victoriana comprises 250 one, two, three and four-bedroom apartments across 16 levels.

First home buyers have shown the greatest interest in the two-bedroom apartments, which start at over 70 sqm and feature two bathrooms, a balcony off the open-plan kitchen, living, and dining area, and a master bedroom with an ensuite.

Victoriana also includes an extensive range of amenities that rival those of a luxury hotel. Residents will have access to concierge services, a heated indoor pool, steam room, sauna, state-of-the-art gym, and a lounge and garden terrace with views of the Melbourne skyline. 

Positioned on the fringe of Melbourne's CBD, Victoriana provides direct access to Albert Park Lake and proximity to St Kilda Road trams and the upcoming Anzac Railway Station. 

This combination allows residents to enjoy both vibrant city living and tranquil parkland surroundings, a rare offering for buyers entering the property market.

Nearby attractions include South Melbourne Market, the Royal Botanic Gardens, and Melbourne's vibrant arts precinct.

Qualifying buyers of the two-bedroom apartments won't have to pay a deposit, and could save with a lower interest rate and reduced LMI.