All year, we’ve been working to make sure we have the stock to satiate that demand. And, as we enter 2023, it’s wonderful to see our labours begin to bear fruit.

Olive Green, a luxury 44-apartment complex in Caulfield South, completed its stunning transformation from the Godfreys store on Hawthorn Road. With high ceilings, stone benches and sweeping vistas – plus a wealth of nearby amenities and green spaces – we expect Olive Green’s slick, sophisticated suites to sell fast.

 

 

Another development we’re thrilled to have brought to market is Seymour & Blanche, a collection of beautiful townhouses in Elsternwick. Situated deep in the heart of one of Melbourne’s most exclusive and in-demand suburbs, this architecturally striking development layers location with luxury.

 

 

It’s been a pleasure to bring these projects to life – particularly given the circumstances surrounding the wider market. Many of our competitors’ projects are on hold right now. And, as the construction cost crisis continues, all signs point to a stock shortage over the next 18 to 24 months.

However, there are reasons to remain optimistic. Timber prices have dropped off, and we’re expecting to swap volatility for stability in the next 6 to 12 months. Soon we’ll reach an equilibrium where developers, investors and buyers all know where they stand – and can plan accordingly.

For our part, we’re proud that all our projects are progressing on schedule, and with no major difficulties ­– a fantastic way to end the year.

As for what’s ahead, there’s plenty to get excited about. We’ll be bringing a glut of gorgeous new developments to market in 2023 – from apartments in up-and-coming areas to townhouses in southeast Melbourne’s most liveable suburbs.

So watch this space!

We’re dedicated to helping you enjoy the highest standards of living – in bold, brand-new, luxurious residences.

To find out what’s available – and what’s coming up – head to Gary Peer Projects on our website.