Why now is the perfect time to buy at New Johnston, Abbotsford

AT A GLANCE: 

• Developer: DCF Property Group
• Builder: Valeo Construction
• Number of Residences: 46
• Estimated Completion Date: Mid 2026

Construction is underway, stamp duty savings are available, and only a limited stock remains. There’s no better time to secure your place in this Abbotsford haven.

With construction now visibly progressing at New Johnston, buyers of this off-the-plan development can look at spending Christmas 2026 in their new homes. Following the completion of the first ground pour and the ground floor slab taking shape, you can see the momentum firsthand.

With Victoria’s off-the-plan stamp duty concessions and the May interest rate cut, the financial environment to buy in is looking just as promising. For eligible buyers, that could mean tens of thousands in savings. Pair that with the Albanese government’s renewed backing for first-home buyers post-election, and it’s clear: now’s the time to buy smart, and buy early.

A considered approach to inner-city living

Located at Abbotsford’s 400 Johnston Street, New Johnston is a boutique residential collection designed to cleverly ensure seclusion while seamlessly connecting to its neighbourhood.

Created by Melbourne-based real estate developer DCF Property Group and currently being built by Valeo Construction, New Johnston is set to complete just next year.

A stand-out for buyers? The design of the residences, in addition to finding the buying process smooth and easy with the agents at Jellis Craig Projects.

Designed by interior design practice Zunica, each apartment is crafted with open-plan living, well-considered window locations to enable the best natural light spreads, and outlook-focused design with views to Melbourne’s CBD or sweeping greenery like Victoria Park and Yarra Bend.

Inside, residents can expect stone benchtops and splashbacks, timber joinery, and a choice of two calming bathroom palettes: a trendy young sage or a tranquil light grey.

Some residences also include independent laundry rooms, while all benefit from generously sized balconies directly off the living spaces.

Every day convenience, inside and out

Beyond one’s front door, New Johnston delivers on-site retail, including a café, restaurant, and local shops, that will activate the ground floor, while flexible office spaces will cater to professionals and creatives.

A covered walkway will connect Johnston Street to Little Turner Street, integrating the project into the neighbourhood’s urban fabric.

The location itself does plenty of heavy lifting. New Johnston scores a 90/100 Walk Score, meaning residents can enjoy the best of Abbotsford without ever needing a car. The Victoria Park train station is just minutes away, while buses run frequently along Johnston Street to the CBD and Melbourne University.

As the undisputed host to many of Melbourne’s best pubs, bars, and restaurants, your nights in Abbotsford and the inner north can be spent soaking up live music, bar hopping, and dining in eclectic venues tucked away in converted warehouses and mid-century shopfronts.

Abbotsford Convent and Collingwood Yards is a new wave of the city’s best places to indulge, and you will be just a stone’s throw away.

For green space, you’re surrounded. Whether it’s a casual run through Studley Park, a dog walk along the Yarra River, or a morning market visit at Collingwood Children’s Farm, this pocket of the inner north puts lifestyle and nature in perfect balance.

Future-proofed living

New Johnston isn’t just designed for today, it’s ready for tomorrow. A BESS score of 72 confirms its sustainability credentials, with features including solar panels, EV chargers, rainwater harvesting, and no gas usage.

A minimum 7.5-star average energy rating means lower running costs and more efficient living – the kind of future-ready thinking today’s buyers are increasingly prioritising, and that you can have.

Perfect timing

With construction actively progressing and strong government support making it easier to buy off-the-plan, New Johnston is ticking all the right boxes for early movers.

Two- and three-bedroom residences, as well as penthouses, are selling at New Johnston, priced from $799,000. 

Click here to learn more or to enquire about New Johnston.