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Rostrevor Parade offers a rare opportunity to invest in Mont Albert North

Market Insights
2 years ago
3 minutes

Australia’s prestige-property market has been steadily gaining momentum despite the effects of the global pandemic. Experts in the industry are expecting the number of multi-million-dollar neighbourhoods to double by the end of this year. While not yet officially on Melbourne’s list of luxury +$3 million suburbs, consistently strong capital growth has Mont Albert North geared to take its spot on the list in the very near future.

Purchasers anticipating the suburb’s growth will be excited to find a number of off-the-plan apartments and townhomes due for completion as the suburb is set to take its place alongside established prestigious postcodes. Presented by T-A SQUARE architects, Taranaki Developments and Marshall White Projects, Rostrevor Parade - located on its namesake street - is being developed in anticipation of the suburb’s increasing reputation.

The boutique collection of only seven, three and four-bedroom double-storey townhomes offer the level of high-end luxury expected of Melbourne’s prestigious suburbs at an achievable price point from $1.515m. Rostrevor Parade townhomes offer modern, generously proportioned and highly considered floor plans in harmony with its location. Known to be quiet, safe and charming, Mont Albert North is the perfect entryway to the luxury property market and the ideal alternative to renting. 

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Architecturally defined by simple forms and clean lines, Rostrevor Parade’s facade is instantly recognisable from the streetscape. Japanese-inspired dual-tones define the external building finishes for an understated yet confident design principle. 

Both established families and downsizers will enjoy the spacious proportions and airy layouts. The open-plan living areas epitomise high-end modern design principles with thoughtful inclusions such as customised joinery and wood grain laminates. The kitchen anchors each home - enhanced with a premium suite of Miele appliances and intelligent storage components the space is as functional as it is elegant. 

In a true nod to the locale, each Rostrevor Parade townhome features glass sliding doors for an enviable indoor-outdoor lifestyle. The north-facing double-glazed doorway opens up to gorgeously landscaped courtyards on the ground floor. Complete with an undercover barbecue and provisions of shading, Rostrevor Parade residents will find themselves embracing all the benefits of al fresco dining. 

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Located just 13km from Melbourne city, Mont Albert North is a tight-knit community that is quickly becoming highly sought after. The unique precinct characterised by tree-lined streets, manicured gardens, expanses of parklands and nature reserves has retained its exclusivity throughout the years. In addition to its reputation for affluent green living, the suburb also offers enhanced connectivity thanks to a host of urban conveniences. 

Rostrevor Parade residents will find an authentic sense of community just outside their front door. A few minutes out, the peaceful enclave seamlessly transforms into Box Hill’s energised urban streetscape, home to some of Melbourne’s best Asian dining experiences, exotic marketplaces and big brand retailers. The enviable location also offers the convenience of being mere moments from the Eastern Freeway and the exclusive Hamilton Street shopping village precinct. 

This well-established location is within reach of every modern convenience, including popular lifestyle destinations and some of the state’s leading public and private schools. Victoria’s top-performing schools including Mont Albert Primary and Box Hill High are minutes away from Rostrevor Parade, as are Our Lady of Sion, St Francis Xavier Primary and Box Hill Institute. Kew’s prestigious private school belt is also highly accessible thanks to the nearby 109 tram line. 

While there’s rarely a need to leave Mont Albert North, the local public transport network makes doing so effortless. Supported by an excellent network of bus and train connections, commuting to the CBD or Doncaster’s retail haven is a breeze. For more information on Rostrevor Parade, click here.