Wollert

ASX-listed developer, Cedar Woods are working in response to market demand with their latest masterplanned community.&nbsp;

In response to increasing market demand for affordable townhome living, the group has launched its second townhome offering within Mason Quarter.&nbsp;

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Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development&nbsp;

Following the recent sell-out sales success of Mason Quarter’s first SOHO Living&nbsp; collection, Cedar Woods is receiving similar interest from buyers keen to secure a low maintenance yet well-appointed and affordable home.&nbsp;

The group’s Development Director, James Bovell said it was evident that design led townhomes in masterplanned communities were becoming increasingly popular, with first-home buyers and downsizers in particular attracted to their affordability, convenience, and connectivity to the local community.

“With ever changing market conditions, we’re seeing homebuyers increasingly look for locations that offer more amenity,” said Bovell.

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“Masterplanned communities, such as Mason Quarter, offer residents a lifestyle that is equipped with surrounding benefits, such as the nearby Wollert Primary School and cafes, restaurants, retail destinations and schools all located within close proximity.”

The release of the latest townhomes complements the most recent Greenfield Market Report by RPM Real Estate, which forecasts an increase in demand for townhomes in Australia due to their versatile layouts and&nbsp; affordable price points for a diverse range of homebuyers.

“Townhomes are particularly attractive to first-home buyers and young families, as they offer purchasers enough space as well as privacy required for adapting needs,” said Bovell.

“We’re seeing a rise of interest in the townhome product, not only in Mason Quarter but our community developments across Australia. The new SOHO Living townhomes at Mason Quarter answers this demand for Melbourne homebuyers, who are looking for elevated design and contemporary living.”&nbsp;

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The townhomes are set to feature open-plan layouts, spacious porches, private garages and kitchens with stone bench tops and European-inspired appliances, including an oven, cooktop, range hood and dishwasher.

Once complete, Mason Quarter is slated to accommodate over 800 dwellings, two schools, a community centre, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre with a range of existing infrastructure and public amenity nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

The second release of SOHO Living townhomes in Mason Quarter are now selling, with prices starting from $534,900.

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Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development 

alisonwarters@gmail.com

Cedar Woods answer demand for townhome living with second SOHO Living release in Mason Quarter

ASX-listed developer Cedar Woods has officially broken ground for its new residential community, Mason Quarter, located in the fast-growing suburb of Wollert.

Mason Quarter is a 64-hectare masterplanned community located 25-kilometres north of Melbourne’s CBD, which will accommodate over 800 residences complemented by a range of lifestyle amenities including green spaces, schools and transport services.

Construction commenced this month with the appointment of Symon Bros. Constructions, continuing the long-standing relationship between Cedar Woods and the contractor, which has been welcomed by Cedar Woods’ Chief Operating Officer Patrick Archer.

“We’re excited to be working with Symon Bros. Constructions once again after many successful outcomes at Williams Landing and Carlingford Estate. Symon Bros. has a strong track record in delivering quality new communities, placing Mason Quarter in good stead to be another highly sought-after location for homebuyers and investors alike,” says Archer.

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Situated in one of the City of Whittlesea’s fastest growing suburbs, Wollert, Mason Quarter is slated to attract first homebuyers, growing families, and investors, with the suburb’s population expected to double by 2036.

“Land in Melbourne’s growth corridors is increasingly sought after and buyers are eager to break into this strong market,” Archer added.

“There is a great deal of amenity in the Wollert area already, although with a site of this size we will also be able to establish additional amenity and establish a brand-new community that will be able to enjoy it.”

Mason Quarter includes plans for two schools, a community facility and is located within walking distance of the future Wollert town centre. The project is also near major arterials, including the Hume Freeway and Metropolitan Ring Road, as well as the Northern Epping Hospital and established shopping centres, including Pacific Epping.

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Designed around existing nature and access to green space, Mason Quarter has been carefully designed to grow with its community, in close connection to the natural surrounds of the river red gum.

The project includes over thirty tree reserves, a 7.9-hectare conservation reserve, and several parks distributed throughout the community. Mason Quarter will be delivered over the next eight years with land now selling from $188,500, subject to availability.

The leading developers have a strong pipeline of projects planned for Victoria, with a mix of urban subdivisions, medium to high-density apartments and townhomes, retail and commercial developments in the works. &nbsp;

Williams Landing is a 225-hectare masterplanned community that will feature over 3,000 dwellings on completion. The development is set to accommodate a diverse housing mix including traditional lots, terraces, semi-detached townhomes and apartments, plus parklands and sporting facilities.

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St.A is a 250-dwelling development on a 6.8-hectare site that is revitalising St Albans with new housing stock and a masterplanned community 16-kilometres north-west of Melbourne’s CBD.

The community will encompass a mixture of detached homes, semidetached townhomes, terraces and a central park with the convenience of nearby education and transport amenity.

Jackson Green is a 6.5-hectare site delivering 151 new houses and 400 apartments in Clayton South.

The development is a unique residential offering 20-kilometres from Melbourne’s CBD, encompassing a central park and a range of townhomes and apartments with the convenience of nearby retail, employment and education opportunities.

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Situated in one of the City of Whittlesea’s fastest growing suburbs, Wollert, Mason Quarter is slated to attract first homebuyers, growing families, and investors, with the suburb’s population expected to double by 2036.



 Cedar Woods breaks ground at Mason Quarter masterplan in Melbourne’s northern-growth corridor

ASX-listed developer Cedar Woods has recently opened a new sales office for its 64-hectare Mason Quarter masterplanned community in Wollert, following a surge in demand for property in Melbourne’s north.

Located within the fast-growing City of Whittlesea, Mason Quarter will accommodate over 800 dwellings and is located just 25 kilometres from the Melbourne CBD.

According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release.

<a href="https://www.urban.com.au/land-for-sale/wollert/mason-quarter-100-craigieburn-road-wollert" target="_blank"><img alt="" data-entity-type="" data-entity-uuid="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cw_masonsq_078_copy.jpeg" width="1600" /></a>

“Land in Melbourne’s growth corridors is increasingly sought after and buyers are in a rush to get into this strong market.”

The new sales office will help facilitate sales and showcase the unique masterplan design that prioritises access to green space.

The masterplan has been designed to showcase the native vegetation on-site with a 7.9-hectare conservation reserve and over 30 distributed tree reserves with retained mature river red gums.

“We’ve developed a clear vision for Mason Quarter, centred around connection to nature and prioritising outdoor space.”

"There is a great deal of amenity in the area and with a site of this size we will be able to establish a brand-new community to enjoy it," says Archer.

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Located on Craigieburn Road in Wollert, Mason Quarter is designed around new and existing amenity.

The development includes plans for two schools, a community facility and is located within walking distance to the future Wollert town centre.

The project is also in close proximity to the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

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Covid safety measures are in place at the new sales office with inquiring purchasers able to book a private appointment with a sales agent.

Mason Quarter will be delivered over the next eight years with large 368sqm land lots now selling from $397,500, subject to availability.

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According to Cedar Woods’ chief operating officer, Patrick Archer, land lots continue to sell out soon after each release

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Land sales soar in Melbourne’s north as buyers “rush” into “strong market”

Developer Cedar W​oods has announced the launch of a new luxury project in Melbourne following an increase in demand for off t​he plan townhomes close to the CBD.&nbsp;&nbsp;

Located in the city-fringe suburb of North Melbourne, 88 Lev​e​​son encompasses 15 three and four-bedroom townhomes, each with private outdoor&nbsp;entertaining space.&nbsp;

The project mirrors Cedar Woods&rsquo; ethos to deliver quality projects that meet buyer demands, chief operating officer Patrick Archer says.

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&ldquo;In every project we undertake, our primary focus is developing in areas with access to&nbsp;amenity, creating quality homes, and building community, which are all evident in our latest North Melbourne project.&nbsp;&nbsp;

&ldquo;When considering off t​he plan, purchasers need to feel confident and secure in the&nbsp;outcome of their new home and 88 Leve​son provides that clear vision in a convenient location, only two kilometres from the city,&rdquo; Archer said.&nbsp;&nbsp;

Pre-launch enquiry has indicated the project will be highly sought after, with the volume of enquiry &ldquo;outstanding&rdquo; at the pre-release phase.

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&ldquo;This is a result of the lack of off t​​he plan townhome opportunities within inner Melbourne&nbsp;and the current dearth of residential listings,&rdquo; said Marsha​ll White&rsquo;s Mark Dayman.&nbsp;

Designed by Genton, 88 Le​veson caters to the design-savvy buyer with a striking brick fa&ccedil;ade that references the industrial history of the site.

The interiors, curated by Adele Bates, features high-quality modern amenity including Miele appliances and Signorino&nbsp;stone and have been designed for liveability.

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&ldquo;The industrial nature of the architecture and local character is seamlessly integrated and&nbsp;juxtaposed with fine design elements carried harmoniously through the homes. The interiors are imbued with a sense of huma​n scale and tactility through fine attention to detail, function,&nbsp;and materiality,&rdquo; Bates said.&nbsp;&nbsp;

88 Lev​eson is only a short distance from the historic Errol Street and within walking distance&nbsp;of Queen Victoria Market, University of Melbourne and the Melbourne Biomedical Precinct.&nbsp;

Its location makes it highly desirable to a range of purchasers, particularly&nbsp;professionals working in the nearby employment precincts.

Construction is anticipated to commence in 2022.&nbsp;

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<h2 style="margin-left: 0.4pt;">Other projects by Cedar Woods</h2>

The national developer Cedar Woods has also been developing other projects in Melbourne, such as the 64-hectare masterplanned community, Mason Quarter.

Located in Melbourne&rsquo;s northern growth corridor, only 25-kilometres from the CBD, Mason Quarter incorporates 800 dwellings, two schools and community facilities.

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Land lots within this community are selling now, with 294sqm that boast 10.5-metre frontage available from just $316,000,

The community will offer the opportunity for people to craft their ideal lifestyle in beautiful, natural surrounds with a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums on site.

Mason Quarter is conveniently located within walking distance of the future Wollert town&nbsp;centre and a range of existing infrastructure and public amenity.

The project mirrors Cedar Woods’ ethos to deliver quality projects that meet buyer demands, chief operating officer Patrick Archer explains

Cedar Woods launch boutique North Melbourne townhouse development, 88 Leveson

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new community creating lifestyle opportunities in&nbsp;Wollert.

Delivered by Cedar WoodsThe community offers an&nbsp;opportunity to&nbsp;that suits any lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.&nbsp;

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The&nbsp;project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

<a href="https://www.urban.com.au/house-and-land/mason-quarter-100-craigieburn-road-wollert">Enquire now at Urban</a>.

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Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD

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Discover Mason Quarter, the brand new Wollert master-planned community

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new master-planned community set to elevate living in Wollert.

Mason Quarter is a 64-hectare master-planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

Delivered by Cedar Woods, the project incorporates over 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The community will offer the opportunity for people to craft their ideal lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.

The first release of Mason Quarter Terrace townhomes features a collection of two, three and four bedroom configurations with an array of inclusions and upgrades to choose from.

Mason Quarter is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

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The community has a variety of land lots to suit a range of budgets. This includes sub-300 sqm small lots in addition to traditional lots over 300 sqm.

They have a range of Home &amp; Land Packages and townhomes such as the SOHO Living Townhomes at starting from as low as $381,500.

These SOHO Living townhomes offer turnkey and hassle-free options, backed with a 10 year structural guarantee from SOHO Living.

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Delivered by Cedar Woods, the project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves

The first townhome release in the brand new Wollert master-planned community Mason Quarter

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A mortgagee house in Wollert has come onto the market for $600,000.
Located at 11 Chetwynd Grove, the house features four bedrooms, two bathrooms, and a double garage.
The house sits on a 423 square metre block, and has 242 square metres of internal floorspace.
Built in 2017, the home has not previously been sold.
Wollert’s median house price is $580,000.
Chamara Adihetty, from Ray White South Morang, has the listing.
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Wollert mortgagee home listed for $600,000

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A mortgagee house in Wollert has sold for an undisclosed price
It come onto the market seeking $600,000.
Located at 11 Chetwynd Grove, the house features four bedrooms, two bathrooms, and a double garage.
The house sits on a 423 square metre block, and has 242 square metres of internal floorspace.
Built in 2017, the home has not previously been sold.
Wollert’s median house price is $580,000.
Chamara Adihetty, from Ray White South Morang, has the listing.
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Wollert, Victoria mortgagee home sold

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Half of the top 20 suburbs in Australia that are under mortgage stress are in Victoria, which is a "serious problem", according to a report by the Grattan Institute.
The report's data, which was based on the latest census, found Wollert, which is about 27 kilometres north of Melbourne's CBD, had the highest percentage of houses under mortgage stress in the nation, at 23 per cent. But sales appear to be humming along nicely.
Roxburgh Park is a close second at 20.9 per cent.
Wollert's median house price sits at $478,000, with listings and sales showing no signs of stress. 
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wollert-125667318">39 Pine Park Drive</a>, Wollert (below) was listed for July auction with hopes between $470,000 to $515,000.
It was sold earlier for a stronger $540,000.
Built in 2013 the block of land was sold in 2011 for $212,000.
A four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-wollert-125419758">30 Vanin Street</a>, Wollert (above) has been listed for $525,000.
It was last sold in 2012 for $192,000.
<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/2017/07/11/39%20Pine%20Park%20Drive.jpg" alt="">
A five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-wollert-125694010" target="_blank">13 Pine Park Drive</a>, Wollert (below) was sold this month for $695,000. The agent's pre-auction estimate of its selling price was $680,000 to $740,000.
<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/2017/07/11/13%20Pine%20Park%20Drive.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-wollert-125698470" target="_blank">7 Ludeman Drive</a>, Wollert (below) was sold earlier this month for $601,000.
Built in 2012, it was last sold in 2014 for $365,000 and the block of land was sold in 2010 for $193,000.
<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/2017/07/11/7%20Ludeman%20Drive.jpg" width="700" height="425">
Mortgage stress is defined as any household that spends 30 per cent or more of its income on loan repayments.
"Mortgage stress is particularly acute on the suburban fringes of our major cities, especially Victoria," Grattan Institute Fellow Brendan Coates said.
"Places like Roxburgh Park in the north, Cranbourne West, Burnside Heights and so on, have quite significant mortgage stress.
"I do think this is a serious problem," he told the ABC.
The top 10 most stressed suburbs are:
<ol>
<li>Wollert, VIC (23%)</li>
<li>Roxburgh Park – Somerton, VIC (20%)</li>
<li>Upper Yarra Valley, VIC (20%)</li>
<li>Chullora, NSW (20%)</li>
<li>Mickleham – Yuroke, VIC (20%)</li>
<li>Cranbourne West, VIC (19%)</li>
<li>Burnside Heights, VIC (19%)</li>
<li>Lawson, ACT (19%)</li>
<li>Byford, WA (19%)</li>
<li>Forrestdale – Harrisdale-Piara Waters, WA (19%)</li>
</ol>
The report goes on the say that across the nation, many households could find themselves in trouble if the economic environment changes even slightly.
Just a two percent rate rise "would create more stress than 17pc rate in 1989," the institute has suggested.
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