Six reasons why buying in Melbourne's Deepdene could be a smart move

Urban takes a look at six reasons why buying in Melbourne's Deepdene could be a smart move
Six reasons why buying in Melbourne's Deepdene could be a smart move
The Gratis, Deepdene. Image supplied
Max KwokSeptember 9, 2021

Hive Properties’ latest Melbourne development, The Gratis, is a collection of 12 three-bedroom residences in the leafy suburb of Deepdene.

Designed by Embrace Architects and Adele Bates, each apartment encapsulates elegance, style and timeless design.

The project features open-plan living spaces, freestanding baths, ample storage and landscaping by Jack Merlo, offering an ideal setting to entertain or unwind in the home’s various living spaces.

Flooded with natural light and luxurious finishes, the Gratis makes each home a private sanctuary.

Still unsure? Urban takes a look at six reasons why buying in Melbourne's Deepdene could be a smart move.

1. The lush, green setting

Residents have convenient access to green spaces in the picturesque eastern suburb of Deepdene, including recreational playing fields, cycle paths, and lively playgrounds.

Promoting an active lifestyle, the Gratis is surrounded by Deepdene Park, Belmont Park, reservoir Reserve, and Balwyn Park.

2. Deepdene’s property value is trending up

The exclusive suburb of Deepdene is the backdrop for The Gratis, where residents are connected to green open spaces and leafy streets.

Deepdene is also seeing a recovery trend with units seeing a 2.2 per cent per annum increase in asking prices over the last three years, according to SQM Research.

3. Great culinary destination

“[It is] an easy trip to a variety of fantastic eateries on Whitehorse Road and Cotham Road, from gourmet pizza and pasta to a delicious brunch fare”, the project marketing read.

The lively Glenferrie Road is also dotted with trendy cafes and eateries, contemporary restaurants and great dishes.

4. Convenient shopping and retail

The shopping routine is made easy for residents of the Gratis thanks to its close proximity to both Camberwell Junction and Kew Junction shopping areas.

A wealth of shopping and eating destinations are available, including Leo’s Fine Food Supermarket, Toscano’s, and The Camberwell Place Shopping Centre.

5. Lifestyle offerings

Deepdene and the surrounding areas deliver a number of leisure and recreation attractions, such as the Kew Golf Club, Studley Park Golf Course, and Yarra Bend Golf Club only moments away.

“Movie lovers will also adore having the Balwyn Palace Cinema and Rivoli Cinemas in close proximity”, the developers said.

6. Premier schooling

Some of Melbourne’s most sought-after public and private schools are just moments from the residence, making The Gratis a superb destination for families.

These renowned schools include Camberwell Grammar School, Camber-well Girls Grammar School, Genazzano FCJ College, Carey Grammar School, Methodist Ladies’ College, and Deepdene Primary School.

Max Kwok

Max Kwok is a staff contributor at urban.com.au. Based in Sydney, Max has previously worked at Property Observer where he specialised in content creation and editorial research.

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