Armstrong Creek

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The diversified developer ID_Land has spent $40 million buying two adjoining sites in Geelong's Armstrong Creek which will add over 500 greenfield lots and $135m to its rapidly growing pipeline.

Planning is currently underway for the project, dubbed The Reserve, with the project slated to hit the market early this year.

Regional property sales have experienced significant growth this year, driven by a shift in work- from-home habits, an increased focus on lifestyle amenity, and government stimulus.

ID_Land’s joint managing directors Matthew Belford and Jeffrey Garvey believe the strategic acquisition of the two Geelong parcels will anchor the developer’s regional portfolio and complement its built-form pipeline.

“Throughout 2020, regional projects have consistently outperformed other growth corridors, and we are predicting strong demand to continue over the coming years," the development duo said.

"The other part of our portfolio where we are seeing sustained demand is for medium and high- density living is in the inner ring of metropolitan Melbourne, both of which reinforce the need for diverse housing options throughout regional and metropolitan Melbourne.

“Strong sales across our regional portfolio is reinforcing our team’s belief that regional markets are undergoing a generational shift; the trend towards regional living continues to grow, particularly in the wake of COVID-19 and the rethink in lifestyle priorities it has elicited among buyers.

“Armstrong Creek is an area we have great confidence in, it is an infrastructure-rich location that benefit from a well thought-out precinct structure plan, continued investment from private enterprises and government, and the economic tailwinds created by its forecasted population growth,” Belford said.

“Our regional holdings currently encompass approximately 30% of our portfolio – $250m across the 615-lot Willow in Gisborne, and over 1000 lots at Watermark and Glenlee in Armstrong Creek, which have a combined value of $275m – regional projects will continue to be a focus, given the ongoing demand for high-quality housing stock, available government stimulus, and scarcity of supply across some locales,” Garvey said.

<h2>ID_Land Projects</h2>

<h2><a href="https://www.urban.com.au/new-townhouses/yarraville-place-2-banool-avenue-yarraville">Yarraville Place, Yarraville</a></h2>

Address: 2 Banool Avenue, Yarraville, VIC 3013

Prices from: $820,000

<img alt="" height="914" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarraville.jpg" width="1200">

Only six townhouses remains in Yarraville Place, a collection of three bedroom townhouses designed by the award-winning architecture firm Rothelowman. Estimated for completion in early 2022, Yarraville Place townhouses have three or four bedrooms, two bathrooms and off-street parking. They're estimated to be completed in early 2022.

<h2><a href="https://www.urban.com.au/new-apartments/canvas-272-barkly-street-brunswick">Canvas, Brunswick</a></h2>

Address: 272 Barkly Street, Brunswick VIC 3056

Prices from: $440,000

<img alt="" height="865" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/canvas_brunswick_0.jpg" width="1200">

Canvas was ID_Land's first foray in to the apartment sector, with sales launching in October 2020 for the apartments on Brunswick's sought-after Barkly Street. Another designed by Rothelowman with interiors by Hecker Guthrie, Canvas' façade pays homage to Brunswick’s industrial past. Formed by concrete construction and urban design principles, the visual grid spans the building, framing each apartment.

It comprises 62 one, two and three bedroom apartments, with one bed apartments starting from $440,000 and two bedroom apartments priced from $680,000, with parking.

<a href="https://www.urban.com.au/buildings/the-walter-2-6-walter-street-hadfield">The Walter, Hadfield</a>

Address: 2-6 Walter Street, Hadfield VIC 3046

Prices from: $635,000

<img alt="" height="782" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_walter.jpg" width="1200">

The Walter is one of ID_Land's finished projects in Melbourne's northern suburb of Hadfield.

Architecturally designed by Peddle Thorp, The Walter comprises 64 townhouses with prices starting from $635,000 for townhouses spanning between 120 sqm and 124 sqm of living space. To get 144 sqm of living space, prices edge up to $685,000.

 

 

 
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Planning is currently underway for the project, dubbed The Reserve, with the project slated to hit the market early this year.

Joel Robinson

Developer ID_Land buys two Armstrong Creek sites with plans for 500 greenlots

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Jinding Developments have commenced construction on a new master-planned community in Armstrong Creek, in partnership with Yolk Property Group and landowners, the Harkness family.
Its pricing starts from just $180,000 and maxes out at $314,000, with sizing between 221sqm to over 550sqm.  
According to Jinding’s Liz Ronson, Harriott’s urban design, fantastic amenities and natural environment have been proven by the community’s strong sales.
The announcement follows the start of the City of Greater Geelong’s $4 million upgrade works on the wetlands.
The project, <a href="https://www.urban.com.au/new-townhouses/harriott-armstrong-creek-2-harriott-rd-armstrong-creek-armstrong-creek?utm_source=PropertyObserver%20" target="_blank">Harriott at Armstrong Creek</a>, will deliver a sustainable community nestled next to Sparrovale Wetlands, located 10 kilometres from Geelong.
The first 81 blocks of the 659-lot community are expected to be delivered by mid 2021.
It aims to cater to <a href="https://www.urban.com.au/news/new-housing-development-aims-to-cater-to-overwhelming-population-growth-anticipated-for-geelong" target="_blank">significant population growth</a> anticipated for Geelong.
The community’s future offerings will include 140ha of open space, central parklands and regional sporting facilities.
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j.ballantyne1990-6AQqhLzZaK

Construction begins on master-planned community in Geelong's Armstrong Creek

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Melbourne developer Welsh Group has purchased an additional site in the Victorian suburb of Armstrong Creek.
The site at 500-540 Surf Coast Highway completes the Welsh Group ownership of over 40 hectares of landholdings at the mixed-use Armstrong Creek Town Centre.
Construction of the site, which has now received planning approval, is due to commence in the coming weeks.
Stage 1 of the development comprises of a Coles supermarket along with supporting specialty retail.
<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/2019/5/31/IN1.jpg" alt="">
Andrew Welsh, Managing Director of Welsh Group, said Stage 1 of the Town Centre is scheduled to open in 2020.
“Stage 1 will initially service approximately 58,000 people, and provide in excess of 1,100 ongoing jobs, with the suburb set to rapidly increase to over 110,000 residents by 2036,” Welsh said.
“The Welsh Group has a strong investment within the Geelong region through its residential homes division, Welsh Homes.
“The Armstrong Creek Town Centre will be the first major commercial project in this region delivered by Welsh Group, and will include a range of retail, leisure and entertainment, residential and community facilities; bringing an array of services and employment opportunities to the growing community.”
Colliers International has been appointed as exclusive leasing agents with Mike Crittenden and Adam Lester set to manage the leasing campaign.
“The initial off market campaign in securing the anchors, has already generated significant local and national retail interest for the soon to be launched specialty tenancies,” Crittenden said.
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Armstrong Creek

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