Williams Landing

Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community in Melbourne&rsquo;s west.

Figurehead Construction has been appointed as the builder for Lincoln Apartments, having previously delivered multiple projects for Cedar Woods across its Victorian communities.

Cedar Woods development director, Callum Knight, joined Figurehead managing director, Joe Grasso, on-site recently for the project&rsquo;s official sod turn.

<figure><img alt="" class="image-article-full-width-580px" height="541" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/210520_lincoln_sod-turn_cal_joe2-crop_1.jpg?itok=RSSD7Mno" title="f Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site" width="580" />

<figcaption>Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site.</figcaption>
</figure>

&ldquo;Our Lincoln project has started construction at an exciting time as we continue to create local jobs and support the construction industry,&rdquo; Knight explains.

Designed by DKO Architecture, the five-storey building will include 69 apartments and features in-house amenities including a gym and a communal rooftop recreation area for residents to enjoy.

Buyers get the opportunity to tailor their apartments, with light or dark palette options of textured timbers, honed stone, loop pile carpet and large format porcelain tiles.

[smartcode_project:default project_id=27675 project_image_fid=70623]

Lincoln Apartments is located within the town centre and will be a short walk from the Williams Landing shopping centre, train station, restaurants and the growing commercial office hub.

According to Knight, amenity has been a key driver in the popularity of the project.

&ldquo;We have developed Lincoln as a project that offers everything residents could possibly need. Being located within the town centre and having access to in-building amenity, purchasers are taking advantage of the value on offer.&rdquo;

[smartcode_project:default project_id=27675 project_image_fid=70625]

Following the ground-breaking of Lincoln Apartments, Cedar Woods has launched a series of boutique apartment stages in response to market demand from owner-occupiers for low-rise, suburban living.

Positioned as one of Wyndham&rsquo;s preeminent suburbs, once completed, the $2 billion masterplanned Williams Landing community will be home to 2,400 dwellings, as well as a thriving commercial and retail precinct.

[smartcode_project:default project_id=27675 project_image_fid=70626]

Located just 20 kilometres from Melbourne&rsquo;s CBD Williams Landing offers a diverse housing mix, train station, shopping, dining, parklands and office precinct, and has created demand from first home buyers, to downsizers and investors who saw the growth potential of the suburb.

Construction completion for Lincoln Apartments is slated for mid-2022.

[smartcode_project_cta: project_id=27675]

Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community

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Construction commences at Cedar Woods’ fourth Williams Landing apartment development, Lincoln Apartments

Residential community developer Cedar Woods has teamed up with Boutique Homes, part of the ABN Group, and Soho Living to deliver Marshal Place, a collection of townhouses in the Williams Landing development.

The trio are offering the five townhouses in Williams Landing, less than 20 kilometres south-west of the Melbourne CBD.

The location of Marshal Place is&nbsp;one of the development&#39;s key selling points. It features convenient access to the train station, a thriving retail hub, local dining, parklands and an office precinct.

Residential areas will also have access to the nearest freeway, the Boulevard nature reserve, and an adjacent 24km bike trail for those seeking an active lifestyle.

Conveniently located just 20km from Melbourne CBD, this development is fast becoming a commercial and social hub of Melbourne&rsquo;s western suburbs.

[smartcode_project:default project_id=29660]

Featuring a stylish facade, the cleverly designed floor plan has two living area, a double garage, two bathrooms plus a powder room and either three of four bedrooms, with a walk in wardrobe to the master.

They each feature&nbsp;heating and cooling systems, double glazing and Caesarstone benchtops in the kitchen.

Situated in Melbourne&rsquo;s west, this $1.5 billion development has seen consistent financial growth throughout its 12-year history, with median suburban pricing rising by 42% since 2015 compared to metropolitan areas, which only rose by 23%.&nbsp;

Marshall Place is located just a short walk away from the Williams Landing Shopping Centre, anchored by Woolworths and 27 specialty stores.

<a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marshal_place_overview.jpg" /></a>

Also within walking distance is the Williams Landing train station, as well as a major bus interchange. The development is surrounded by a number of recreation parks.

Educational and secondary&nbsp;facilities just a short drive away&nbsp;include the University of Melbourne and Victoria University as well as&nbsp;Westbourne Grammar School,&nbsp;Seabrook Primary School and&nbsp;Al-Taqwa College.

Just last month there was&nbsp;only one townhome remaining in the 20 townhouse Soho Living release, priced at $610,000 with a 10 year structural guarantee and six remaining of the 16 offered in the Boutique Homes release, priced from $549,000 with a 25 &nbsp;year structural guarantee.

The three and four bedroom townhouses each come with an industry leading aftercare program.

Conveniently located just 20km from Melbourne CBD, this development is fast becoming a commercial and social hub of Melbourne’s western suburbs



jordan_55689

Walking tour: What can I walk to if I buy a Marshal Place townhouse in Williams Landing?

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Cedar Woods are offering to match the Victorian Government's $15,000 HomeBuilder Grant, which expires at the end of March, at its new Williams Landing development Lincoln Apartments.

The offer from Cedar Woods, paired with the $10,000 First Home Buyers Grant from the Government, gives buyers $40,000 worth of savings.

That puts the remaining two bedroom apartments for sale at $379,000 instead of $419,000, and that's without further stamp-duty concessions for eligible buyers.

[smartcode_project:default project_id=27675]Investors too can benefit from Cedar Woods offer.

Despite the HomeBuilder Grant only being eligible for owner-occupiers, Cedar Woods are offering investors the same $15,000 they're giving to owner-occupiers.

That puts a two bedroom purchase for investors at just over $400,000, well below the Melbourne median apartment price of $582,833, calculated by CoreLogic.

Lincoln Apartments form part of Cedar Woods' wider masterplanned community west of Melbourne's CBD.

<a href="/new-townhouses/addison-walk-williams-landing"><img alt="" height="770" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lincoln_apartments_2_0.jpg" width="1200"></a>

The DKO Architecture-designed five storey building has just 69 one and two bedroom apartments. There are only two bedroom apartments left starting from $419,000, which includes a parking spot. Two bedroom, two bathroom apartments are priced from $458,000.

The contemporary entry features sculptural awning elements which form a shelter around the lobby.

Buyers get the opportunity to tailor their apartments, with light or dark palette options of textured timbers, honed stone, loop pile carpet and large format porcelain tiles.

<a href="/new-townhouses/addison-walk-williams-landing"><img alt="" height="881" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lincoln_apartments_cedar_woods.jpg" width="1200"></a>

North facing balconies frame views over the surrounding green spaces. There's a resident's gym and a rooftop garden with barbecue facilities and seating areas.

The project is conveniently located across the road from Williams Landing Shopping Centre and a short walk Williams Landing Station where there's a 30-minute train in to Flinders Station.
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The remaining two bedroom apartments can be bought from $379,000 instead of $419,000


Joel Robinson

Two bedroom Williams Landing apartments from $379,000 as Cedar Woods match $15k HomeBuilder Grant until March 31

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The residential community developer Cedar Woods has teamed up with Boutique Homes, part of the ABN Group, and Soho Living to deliver Marshal Place, a collection of townhouses in the Williams Landing development.

The trio are offering the five townhouses in Williams Landing, less than 20 kilometres south-west of the Melbourne CBD.

There is only one townhome remaining in the 20 townhouse Soho Living release, priced at $610,000 with a 10 year structural guarantee and six remaining of the 16 offered in the Boutique Homes release, priced from $549,000 with a 25  year structural guarantee.

The three and four bedroom townhouses each come with an industry leading aftercare program.

[smartcode_project:default project_id=29660]

Featuring a stylish facade, the cleverly designed floor plan has two living area, a double garage, two bathrooms plus a powder room and either three of four bedrooms, with a walk in wardrobe to the master.

They each feating heating and cooling systems, double glazing and Caesarstone benchtops in the kitchen.

<a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing?source_news_article_id=89277&amp;ref=news_body_link"><img alt="" height="855" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marshal_place.jpg" width="1200"></a>

It's the location of Marshal Place which is one of its key selling points.

The development is located just a short walk away from the Williams Landing Shopping Centre, anchored by Woolworths and 27 specialty stores.

Also within walking distance is the Williams Landing train station, as well as a major bus interchange. The development is surrounded by a number of recreation parks.

<h2>About the developer</h2>

Cedar Woods is a developer of residential communities and commercial developments. Established in Perth in 1987, we have grown to become one of Australia’s leading developers, with a presence in Western Australia, South Australia, Victoria and Queensland.

From land subdivisions, medium to high density apartments and town houses, to retail and commercial developments, a Cedar Woods property epitomises our long-standing commitment to quality, vibrant communities where people live, work and thrive
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The trio are offering the five townhouses in Williams Landing, less than 20 kilometres south-west of the Melbourne CBD.

Just seven townhouses remaining in Cedar Woods exclusive Williams Landing development Marshal Place

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Located in the heart of Williams Landing town centre, a master planned community West of Melbourne's CBD, Lincoln Apartments brings both convenience and quality to residents.

<a href="/new-townhouses/addison-walk-williams-landing">The Lincoln Apartments</a> by developer Cedar Woods have been designed by DKO Architecture with a series of strong framing elements juxtaposed against refined detailing around the openings and recessed elements.

Currently Cedar Woods are offering investors $15,000 off on their apartment purchases at Lincoln Apartments. Plus eligible first home buyers can save up to $25,000 with the $15,000 HomeBuilder Grant and $10,000 First Home Buyers Grant.

[smartcode_project:default project_id=27675]

With prices on all two bedroom units starting from as low as $419,000, every apartment in the building is eligible for the grants.

The apartments in the five level building are offered in carefully curated palettes featuring light or dark options. These light-filled, open plan spaces provide a tangible connection to the surrounding green spaces, exemplifying the views on offer. North facing balconies frame magnificent views over the surrounding green spaces.

The entry is celebrated by sculptural awning elements which form a shelter around the lobby. 

Amenities of the development include a resident’s gymnasium equipped with treadmills weights and lockers will encourage healthy, active living.

Perfect for entertaining, the rooftop garden at Lincoln Apartments features BBQ facilities and seating seating areas where residents can enjoy views over the conservation reserve. Just opposite Lincoln Apartments, residents can enjoy pleasant greenery perfect for afternoon strolls or a family picnic.

The Williams Landing Shopping Centre is across the road from your front doorstep, allowing you to pick up the necessities you need in a vibrant and evolving town centre setting.

There’s plenty of places to explore in the areas surrounding Williams Landing. From a weekend wine tour at Shadowfax Winery to a lovely stroll along the foreshore at Altona Beach or a safari adventure at the iconic Werribee Open Range Zoo - there’s something for everyone. Hospitals and leading primary and secondary schools are within a 10-minute drive from home.
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You could save as much as $30,000 on a Lincoln Apartment while HomeBuilder lasts

Calling first home buyers: How much can you save on a brand new Lincoln Apartment this month?

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Since the pandemic, developer sales trends have revealed that first home buyers are becoming increasingly focused on quality of life, rather than location.

Urban spoke with Cedar Woods COO Patrick Archer, who provided the following insights about what to expect in property this year.

“[First home buyers] are looking for quick access to green space and a real sense of community”, he said.

<a href="/new-townhouses/addison-walk-williams-landing"><img alt="" height="3400" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lincoln-apartments-100-overton-road-williams-landing-765d957441bcbab9cdee57559b9fe828.jpg" width="5100"></a>

According to Archer, 2020 buyer trends that are likely to continue into the new year is the strong renaissance of the suburbs, with buyers taking a keen interest in developments designed around local amenity and wider community living.

This has been true for Cedar Woods’ masterplanned community developments, St.A and Lincoln, who have seen significant interest from first home buyers.

Over the financial year, first home buyers made up 64 per cent of purchases at the 250-dwelling St.A project in Melbourne’s north-western suburb of St Albans.

<a href="/new-townhouses/st-a-1-griffiths-street-st-albans"><img alt="" height="2004" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sta-10-mckechnie-street-st-albans-9d1abe1b454fe77398ed1c690a5cfdf6_0.jpg" width="3000"></a>

As first home buyers look at moving to the suburbs and tuning into this new way of life, Cedar Woods has put forward a range of apartments and townhomes so that buyers can choose what works for their lifestyle.

<h2>Is now the time to buy?</h2>

The current low interest rates and government incentives mean that, for many first home buyers, it is cheaper to own than to rent, and new developments are no exception.

“Right now, first home buyers should be looking to take advantage of all the government grants and concessions while they can. Targeting your search to new developments that meet the criteria of the incentives will mean you are getting a considerable saving.” Archer said.

Before the Federal HomeBuilder grant and other state Government schemes come to an end in March, now may be the best time to cash in on the competitive offers by many developers who are also offering additional incentives to buyers and investors.

However, Archer emphasises the importance of knowing your developer.

“Every first home buyer has different needs for their home but one thing they all want is to have complete trust in the developer”, he said.

His advice? Buy from a developer with a track record and long-term commitment to delivering quality projects. 
 

<h2>Cedar Woods’ Lincoln Apartments at Williams Landing</h2>

According to Archer, Lincoln Apartments is designed around local amenity, community and open space, and offers many first home buyers the opportunity to access a range of government incentives.

<a href="/new-townhouses/addison-walk-williams-landing"><img alt="" height="1333" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lincoln-apartments-100-overton-road-williams-landing-db709a9bbd193a26b59a6e057637cc46.jpg" width="2000"></a>

Prioritising community living and access to green space, Lincoln Apartments brings both convenience and quality to residents.

Designed by DKO Architecture, the five-storey building features sculptural elements, a rooftop garden, residents’ gym and north-facing balconies.

<a href="/new-townhouses/addison-walk-williams-landing"><img alt="" height="2400" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lincoln-apartments-100-overton-road-williams-landing-a506725222c6c442d6e2e9b1c433b5f0.jpg" width="6000"></a>

Two-bedroom apartments in the complex start from $419,000.
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Urban spoke with Cedar Woods COO Patrick Archer, who provided the following insights about what to expect in property this year

First home buyer trends: Will 2021 be the renaissance of the suburbs?

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<a href="https://www.urban.com.au/developers/cedar-woods" target="_blank">Cedar Woods</a> have just released their final residential precinct in Williams Landing, <a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank">Marshal Place</a>. The new collection of homes are likely to be popular among first home buyers and investors due to the development’s existing high demand and affordable pricing. 

Situated in Melbourne’s west, this $1.5 billion development has seen consistent financial growth throughout its 12-year history, with median suburban pricing rising by 42% since 2015 compared to metropolitan areas, which only rose by 23%. 

Deemed one of Wyndham’s renowned locations, 45% of the available lots have already been sold due to high demand. Housing prices begin from $567,500, and homes will be available in configurations of 3 or 4 bedrooms with areas ranging between 182sqm to 294sqm. 

<figure><a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/8322_jy_2_copy.jpg?itok=mTDHmbbI" title="Marshal Place. Image supplied. " width="580"></a>

<figcaption>Marshal Place. Image supplied.</figcaption></figure>Marshal Place offers residents many of the benefits that are already available to those living in Williams Landing, this includes: flexible housing configurations, convenient access to the train station, a thriving retail hub, local dining, parklands and an office precinct. Residential areas will also have access to the nearest freeway, the Boulevard nature reserve, and an adjacent 24km bike trail for those seeking an active lifestyle. Conveniently located just 20km from Melbourne CBD, this development is fast becoming the commercial and social hub of Melbourne’s western suburbs. 

Lloyd Collins, Cedar Woods State Manager, explains that the residential development caters to the demand for more affordable housing. 

“The new precinct we have released is in response to this ongoing demand for a mix of land, lifestyle and convenience. Marshal Place offers what many young buyers would expect from inner city living but with the added benefit of a backyard, as well as offering more space and more affordable price point,”

<figure><a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/3426_2_.jpg?itok=3XQYRDsv" title="Marshal Place. Image supplied. " width="580"></a>

<figcaption>Marshal Place. Image supplied.</figcaption></figure>According to a recent<a href="https://newsroom.ing.com.au/savvy-millennials-set-to-take-advantage-of-covid-weakened-housing-market/" target="_blank"> IGN report</a>, due to the impact of COVID-19 in recent months, millennial home buyers have found it easier to achieve ownership, with half of younger individuals scouting city fringes and outer suburbs. <a href="/expert-insights/buying/home-building-grant-to-benefit-affordable-areas-and-first-timers">Government grants </a>have also eased the pressure for many first time buyers, and are consistent with Cedar Wood’s goal to provide affordable options on the market.  

“The increase in government incentives has meant that first home buyers are proving to be a strong buying force in the current market. In recent years, the median price of homes in the western middle ring has become out of reach for many, and we’re pleased to be able to bring something more affordable in this final release.

Many first home buyers with job security are able and looking to take advantage of low interest rates and government assistance such as the First Home Loan Deposit Scheme. They’re motivated by the affordability and the flexibility a house can bring.” 

Lloyd Collins, State Manager at Cedar Woods 

Marshal Place will feature a total of 80 lots including townhouses and land lots, construction is estimated for late 2020. 

<figure><a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="424" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/marshal-place-marshal-place-williams-landing-4827f91f47b0435aa389b0f538feb762.png?itok=znG_gcte" title="Marshal Place. Image supplied. " width="580"></a>

<figcaption>Marshal Place. Image supplied.</figcaption></figure><h2>Projects within the Williams Landing precinct:</h2>

Marshal Place

<figure><a href="https://www.urban.com.au/new-townhouses/marshal-place-marshal-place-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="503" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/marshal-place-marshal-place-williams-landing-e302ea92a046a27e6c83dee7d68729c3_0.png?itok=WzEpCHFo" title="Marshal Place. Image supplied. " width="580"></a>

<figcaption>Marshal Place. Image supplied.</figcaption></figure><a href="/new-townhouses/addison-walk-williams-landing">Lincoln Apartments</a>

<figure><a href="/new-townhouses/addison-walk-williams-landing"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lincoln-apartments-100-overton-road-williams-landing-7e9cdda9de8daf8d99081ec1d30abe7e_0.jpg?itok=QQS8GAlF" title="Lincoln Apartments. Image supplied." width="580"></a>

<figcaption>Lincoln Apartments. Image supplied.</figcaption></figure>Oxford Apartments

<figure><a href="https://www.urban.com.au/buildings/oxford-apartments-2-clark-street-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="390" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oxford-apartments-2-clark-street-williams-landing-927e95f9e0ec3d8ad8cb155c67f69b72_0.jpg?itok=oiTZarJc" title="Oxford Apartments. Image supplied." width="580"></a>

<figcaption>Oxford Apartments. Image supplied.</figcaption></figure>Lancaster Apartments

<figure><a href="https://www.urban.com.au/buildings/lancaster-apartments-30-clarke-street-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="374" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lancaster-apartments-30-clarke-street-williams-landing-639d99c97e8d115eafe0b27733b69c46_0.jpg?itok=Rz1h_o-X" title="Lancaster Apartments. Image supplied. " width="580"></a>

<figcaption>Lancaster Apartments. Image supplied.</figcaption></figure>Newton Apartments

<figure><a href="https://www.urban.com.au/buildings/newton-apartments-1-clark-street-williams-landing" target="_blank"><img alt="" class="image-article_full_width_580px" height="389" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/newton-apartments-107-overton-road-williams-landing-54fc86bc076357da28da5008c90e1236_0.jpg?itok=DSvYuDLK" title="Newton Apartments. Image supplied." width="580"></a>

<figcaption>Newton Apartments. Image supplied.</figcaption></figure>
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linda_53241

Marshal Place: Cedar Woods launch Williams Landing’s final residential collection

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A childcare centre in Melbourne’s west is set to be auctioned this month.
The centre at 2 Fogarty Street, Williams Landing is leased and operated by Explorers Early Learning.
The 1086 square metre facility occupies a 2900 square metre corner site.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/14/WilliamsLandingChildcareCentre21.jpg" alt="">
It is directly across the road from the forthcoming seven-stage Addison residential development.
Immediately to the east is a proposed $340 million mixed-use commercial development.
The two-stage Williams Landing Shopping Centre, which is currently under construction, is just down the road.
Explorers Early Learning has a new 15-year net lease over the property, with options through to 2064 and fixed 3% annual rent increases. It is licensed for 168 long day care places.
The centre currently draws an annual net rental income of $493,785 (plus GST).
The auction will be held October 30.
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wdavis-8cCN98p7xp

Williams Landing, Melbourne childcare centre comes onto the market

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Just two months ago <a href="https://www.urban.com.au/news/cedar-woods-lloyd-collins-explains-the-success-of-wyndhams-williams-landing">Urban.com.au reported on the success of Williams Landing’s office building sales</a> – today, we’re taking a look at its booming residential property market.

The mixed-use precinct by <a href="https://www.urban.com.au/developers/cedar-woods">Cedar Woods</a> has shown exponential growth across a three-year period with the average property price tipping over $400,000, an increase of 15.4% over three years – which is a substantial return for those who have bought in the early stages of development.

Cedar Woods has approached the project with an emphasis on building quality, sustainable developments with a strong sense of community – which could be one of the key drawcards for buyer investment.

Williams Landing’s recently completed development <a href="https://www.urban.com.au/buildings/lancaster-apartments-30-clarke-street-williams-landing">Lancaster Apartments</a>, <a href="https://www.urban.com.au/news/williams-landings-third-apartment-building-lancaster-sells-out">sold out in just six months</a>, following two prior sold-out developments – <a href="https://www.urban.com.au/buildings/newton-apartments-1-clark-street-williams-landing">Newton</a> and <a href="https://www.urban.com.au/buildings/oxford-apartments-2-clark-street-williams-landing">Oxford</a> apartments. All residential developments have been designed by award-winning <a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a> and have been primarily popular among first-home-buyers (28%) and investors (58%) due to the affordability of apartments. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v01_ext_hero_0.jpg" rel="gallery-all" title="Lancaster Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="540" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/v01_ext_hero_0.jpg?itok=XLCu9HO8" title="Lancaster Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Lancaster Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/newton_secondary-image-2.jpg" rel="gallery-all" title="Newton Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/newton_secondary-image-2.jpg?itok=7RoWwoms" title="Newton Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Newton Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxford-secondary-image-5.jpg" rel="gallery-all" title="Oxford Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="388" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/oxford-secondary-image-5.jpg?itok=FSPtb00P" title="Oxford Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Oxford Apartments exterior. Credit: Cedar Woods</figcaption></figure><h2>CASE STUDY</h2>

Ela Caglayan, a 23-year-old buyer’s assistant at Target Australia, recently purchased an apartment at Lancaster as a first home buyer, following the establishment of the new Target Australia headquarters within the Williams Landing precinct.

<blockquote>
“I’ve always wanted to live in an apartment. Once Target relocated from Geelong to Williams Landing, I saw the opportunity to finally invest in my first property, which not only suited my lifestyle but was also affordable and allowed me to take advantage of the first homeowners grant.”
</blockquote>

Ela commented that the upward value trend was a major drawcard when making the decision to purchase an apartment,

<blockquote>
“…I also saw strong growth prospects for Williams Landing – the investment was too good to pass on. I’m looking forward to watching the suburb develop.”
</blockquote>

<h2>LOW RENTAL VACANCIES = A GOOD SIGN FOR INVESTORS</h2>

The demand for apartment living has even extended beyond Melbourne’s city and fringe suburbs, with Williams landing maintaining a significantly low rental vacancy rate among investment properties. According to Urbis, apartment rentals have seen a 5.4% increase in the past year.

<blockquote>
“Rental demand is, of course, one of the key indicators of the financial health of investment properties, so we are pleased to see that newly completed apartments are achieving low rental vacancies.”
</blockquote>

Lloyd Collins, Cedar Woods’ state manager

Urbis also reported that investors could achieve a rental yield of 5.2% in the City of Wyndham, which is significantly higher than the Greater Melbourne median which is currently sitting at 4.1%.

<h2>TO KEEP ON YOUR RADAR</h2>

Cedar Woods has previously commented that it has been their mission to deliver high-quality homes at affordable prices within the Williams Landing community, without compromising quality – which could be why each development has managed to sell out at record speed. In April this year, <a href="https://www.urban.com.au/news/cedar-woods-announces-new-apartments-for-williams-landing">we announced the precinct's fourth residential development</a>, Lincoln Apartments which are on sale now. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/180829-lincoln_cgi01_exterior-hero_final-jpeg.jpg" rel="gallery-all" title="Lincoln Apartments exterior. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/180829-lincoln_cgi01_exterior-hero_final-jpeg.jpg?itok=1AX0or1Z" title="Lincoln Apartments exterior. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments exterior. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_12.jpg" rel="gallery-all" title="Lincoln Apartments terrace. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1_12.jpg?itok=XDJ2EZaK" title="Lincoln Apartments terrace. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments terrace. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.41_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="589" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.41_pm.png?itok=ckVvtE-5" title="Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, one bedroom, one bathroom. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.50_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="496" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.50_pm.png?itok=3mzz5tbI" title="Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, two bedroom, one bathroom. Credit: Cedar Woods</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-09-03_at_4.08.55_pm.png" rel="gallery-all" title="Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods"><img alt="" class="image-article-full-width-580px" height="458" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-09-03_at_4.08.55_pm.png?itok=AcCRozTx" title="Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods" width="580"></a>

<figcaption>Lincoln Apartments floor plan, two bedroom, two bathroom. Credit: Cedar Woods</figcaption></figure><h2>WILLIAMS LANDING STATUS UPDATE</h2>

Residential

<ul>
<li>
<a href="https://www.urban.com.au/buildings/lancaster-apartments-30-clarke-street-williams-landing">Lancaster Apartments</a> (complete)</li>
	<li>Lincoln Apartments (in progress)</li>
	<li>
<a href="https://www.urban.com.au/buildings/newton-apartments-1-clark-street-williams-landing">Newton Apartments</a> (complete)</li>
	<li>
<a href="https://www.urban.com.au/buildings/oxford-apartments-2-clark-street-williams-landing">Oxford Apartments</a> (complete)</li>
</ul>
Commercial

<ul>
<li>1 Kendall Street (in progress)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">101 Overton Road</a> (in progress)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">107 Overton Road</a> (in progress)</li>
	<li>
<a href="/news/cedar-woods-first-strata-office-at-williams-landing-sells-out">111 Overton Road</a> (complete)</li>
	<li>
<a href="/developments/williams-landing-vic-3027">95 Overton Road</a> (in progress)</li>
	<li>Target Australia Headquarters (complete)</li>
	<li>Williams Landing Shopping Centre (in progress)</li>
	<li>Williams Landing Town Centre (in progress)</li>
</ul>
Lead image: Lancaster exterior, supplied by Cedar Woods
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Olivia Round

Solid growth in Melbourne’s west: Williams Landing property values continue to rise 

<html><body>
Cedar Woods' successful Williams Landing developments have proven popular among buyers, with the number of jobs within the area increasing by 36,747 over the decade between 2006 to 2016. Cedar Woods' State Manager Lloyd Collins shared some insight with Urban.com.au as to why the precinct has received such a great response from buyers. 

<h2>Cedar Woods' commercial project portfolio at a glance</h2>

<ul>
<li>111 Overton Road (strata office)</li>
	<li>101 Overton Road (strata office)</li>
	<li>Target Austalia</li>
	<li>Minister for Finance office</li>
	<li>Williams Landing Shopping Centre </li>
</ul>
Urban.com.au: With the recent success of Williams Landing, clearly there is a high demand for office space in Melbourne’s western suburbs. Is this a trend you expect to see from other outer-city suburbs, or are there particular characteristics that make Williams Landing unique?

Lloyd Collins: In recent years, we have seen Williams Landing step up as a major commercial hub in the west. As prices continue to rise in Melbourne’s CBD, we are definitely seeing a trend of businesses choosing to decentralise. We have a strong offer of economic rents, excellent rail and road links and retail amenities. Only 20km from the CBD and direct access to the Princes and West Gate Freeways, state-of-the-art train station, and major bus interchange makes Williams Landing Town Centre accessible to Melbourne CBD and Geelong. It’s attractiveness to the commercial sector is backed by our strong sales record – which includes welcoming Target to its new $58.2 million headquarters at the end of 2018, the rapid sell-out success of our first strata building 111 Overton Road, and the sale of the new Minister for Finance office building for $25.9 million. We’re also currently selling our fourth standalone commercial building, 101 Overton Road, which is already over 55 per cent sold.

U: What were the design and location considerations you explored in these developments, and what made them so attractive to buyers?

LC: As a master-planned community, all aspects of the development have been well considered – with design and location lying at the heart of it – to offer something attractive to both investors and occupiers. One of the main location considerations, for instance, was designing the masterplan to guarantee a short walking distance from the office to the train station, cafés, restaurants, shopping centre and open space. In order for Williams Landing to become a leading commercial precinct, we knew that high-quality, contemporary, light-filled office space at an attractive price point would have a strong appeal to businesses, investors and occupiers alike – particularly with the rising rental prices in Melbourne’s CBD. Our commercial buildings have been architecturally-designed by Gray Puksand and Hames Sharley to ensure the design is consistent, well thought out and well delivered.

U: Were the commercial office spaces designed with specific businesses in mind?

LC: We currently have 29,000 m2 of office space either completed or under construction – all of which have their own identity. For instance, our strata offices – both 101 Overton Road and 111 Overton Road – have been designed for small to medium-sized businesses. By offering a range of unit sizes, these commercial opportunities have presented a rare opportunity for many business owners to enter the commercial property market. Additional facilities, such as the in-building conference centre, allows further flexibility to conduct board meetings or presentations in state-of-the-art facilities. On the other hand, we have also developed larger, single occupancy commercial buildings for Target and the Minister for Finance – both of which have been designed to cater to their specific business requirements. For instance, Target wanted large floorplates for open workspaces, parking (for each of its 850 employees), whereas the Minister for Finance wanted certainty on planning and we were able to offer a 15-year lease and 24-hour offices.

U: With the increase of commercial buildings in the area, is there an equally high demand for residential dwellings?

LC: Absolutely. The Williams Landing masterplan shows a continuation of residential development opportunities within the town centre with apartment developments selling out before construction commencement. Williams Landing is unique as a residential growth suburb in Wyndham, with its population increasing to 7,100 residents in 2016. In response to this scale of growth, we recently launched our latest apartment building in Williams Landing, Lincoln Apartments, following strong demand for medium-density living - a trend we expect to see continue. Our apartments have achieved steady price growth, with the average apartment value in Williams Landing increasing by 16 per cent for two-bedroom residences and 13 per cent for one-bedroom residences. We have also recently launched the third release of our Addison Walk boutique land lots, which incorporates a mix of land and house and land package options.

U: What has been the highlight for you working on this project?

LC: A highlight for me has been the sheer scale of what we’ve achieved and delivered in a relatively short period of time. We spent a lot of time looking at the masterplan to create points of interest and now we are at a stage where we can see this come to life.

U: What do you expect Williams Landing to look like in 10 years’ time?

LC: In line with our masterplan, we believe that Williams Landing will stay true to its high-density vision and bring in more corporate and residential occupiers. We anticipate that Williams Landing will expand, with more people choosing to stay local. Our childcare centres, medical centres, gyms, alfresco licenced restaurants and cafés are well regarded and their success has directly encouraged new tenants and purchasers to move and invest there. The mix of users, employment and residential, should enable a vibrant community to further support the growth of the western region. We are committed to the Plan Melbourne idea of walkable 20-minute cities and believe that the creation of high-density mixed-use communities clustered around transport nodes is the way to achieve this. As the project develops, this will be a key aspect of life in Williams Landing.
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