Boom times for apartment construction in Glen Eira

Glen Eira's apartment construction scene is particularly healthy at present.

Failing any construction works on marquee projects such as Caulfield Village or Monash University, a 'mosquito fleet' of low-rise apartment projects are ably taking up the slack and keeping the crane count within Glen Eira at a heightened level. Across the Urban Melbourne Project Database, 27 separate projects are listed as at construction, whilst additional smaller builds within the municipality further boost that number.

Of the projects tracked by Urban Melbourne, the sum of apartments under construction currently stands at just beyond 900.

Arrow Construct at M Carnegie

The typical apartment project consists of 3-4 levels, with the current crop at construction averaging out to approximately 40 apartments per development.

Bentleigh is currently a stronghold of construction works; 6 projects are under construction and all are a short distance from the freshly completed Bentleigh Station. Carnegie also punches hard with 8 projects heading skyward, although they spread across the suburb.

In light of the swing away from investment grade inner city apartments to the owner occupier middle ring suburban market, municipalities such as Glen Eira, Stonnington and Whitehorse have seen a boost in demand for apartment living. This is borne out by the healthy number of projects at construction; these projects are smaller, require less capital and in general create less risk for their respective developers.

Usually a heavy hitter in Melbourne's inner city market, SP Setia is very much representative of larger developers delving into middle suburbs. Their Carnegie project dubbed Maison sees 48 apartments at construction at the hand of builder Ironstone.

Not to be overlooked is Steller; the prolific developer of smaller projects consisting predominantly of 2 and 3 bedroom apartments always maintains a healthy presence within Glen Eira. Currently, Steller has 13 projects within Glen Eira on the Urban Melbourne Project Database, with only a handful at construction.

Steller are developing Vickery Apartments

And Steller's mass of projects within the municipality yet to reach construction is symptomatic of the strong pipeline within Glen Eira.

Urban Melbourne is tracking a further 27 projects within Glen Eira that are at registrations and sales. Carnegie and Murrumbeena look to be the suburbs to watch in terms of construction activity over the next period.

Larger projects too are set to join the fray, as evidenced by 1060 Carnegie and Woorayl Street which involves Pace Development Group as builder. Both projects at between 10-12 levels represent a step up in projects size within Carnegie.

Development & Planning

Monday, January 22, 2018 - 00:00
Hot on the heels of news that Holiday Inn will anchor Werribee's tallest proposed development, the application for 22-26 Synnot Street has gone to advertising. At over 42 metres in height and spread across a 2,567 square metre site the project is Werribee's largest, and accounts for the last of a trio of catalyst sites earmarked by Wyndham City Council as perfect for urban renewal.

Policy, Culture & Opinion

Monday, November 20, 2017 - 12:00
The marriage of old and new can be a difficult process, particularly when the existing structure has intrinsic heritage value. In previous times Fitzroy's 237 Napier Street served as the home of furniture manufacturer C.F. Rojo and Sons. Taking root during 1887, Christobel Rojo oversaw operations though over time the site would become home to furniture manufacturer Thonet.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

Transport & Design

Wednesday, January 24, 2018 - 12:00
You may have seen photos from the mock-up train design back in October . It’s been part of a consultation process over about the past year, which has concluded. As the Herald Sun reported on the weekend (paywall), the finishing touches are now being put on the design.

Sustainability & Environment

Tuesday, January 23, 2018 - 00:00
Likened in some quarters as a miniature Federation Square, construction works began last week on a Prahran project that will rank as one of 2018's most progressive and important. Kane Constructions has the job of transforming 30-40 Izett Street under a $60+ million urban renewal initiative prompted by Stonnington City Council.