A NEW DAY

It’s important for me to be close to the things that mean most in my life. My home is reflection of myself, good design and considered architecture is paramount. I work in the city, but when I’m in Hawthorn East, it feels like a holiday, It’s a great lifestyle. I’ve always thought that where you choose to live is an expression of the life you want to lead. My considerations are recognised at Solstice.

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Watch a fly-through of the Solstice Apartments.

Building

INTERPLAY ØF LIGHT & SHADE

Solstice is a new, vibrant, active and visually stunning addition to the Camberwell Road landscape. It has been created to project presence and breathe life into its location.

From the architects who designed Hobart’s iconic Museum of Old and New Art, and Melbourne’s distinctive Eureka Tower, Solstice is the residential development created to provide the perfect balance of life and lifestyle.

Building

BREATHE

Outdoor areas of Solstice sympathise with the sweeping, lustrous curves of its architecture.The expansive north-facing garden is a centerpiece that has been carefully designed to engender a strong sense of community. A handcrafted stainless steel sculpture rises above the lush greenery, adding richness and intrigue to this private haven. After a long day, it’s a relaxing place where you can unwind and regain your balance.

Building

RELAX

Solstice has been created to make the most of what the environment has to aesthetically offer. Energy-efficient water fixtures, fittings and lighting, centralised domestic gas hot water boosted with solar panels, plus rain and storm water harvesting tanks are all included. Passive thermal heating, exploiting the virtues of natural light and harnessing the benefits of natural ventilation, combine to give every apartment a minimum average six star energy rating. An embedded electrical power network will allow you to take advantage of better electrical tariffs.

Building

DINE

Natural stone and glass features balance out stainless steel appliances, while soft-close hinges and drawers complete the harmonious kitchen space. Smeg appliances add Italian style.

There is everything a well-appointed modern kitchen needs including gas cooktop, wok burner, rangehood, oven and dishwasher. Whether you are creating gourmet masterpieces daily or simply basking in the morning sun with newspaper and your first coffee of the day, a Solstice apartment is where function meets form to satisfy any appetite.

Building

LIVE

For those looking for something more active, the fully equipped gym with floor to ceiling windows looking out on the garden is the perfect place to build up a sweat or work out the stresses and strains of the day.

Building

UNWIND

The cinema room, with a fully equipped stainless steel kitchen at its heart, is the perfect place to host a dinner party or enjoy a big screen event like a movie or sporting fixture. The room’s AV equipment includes DVD and Blu Ray, VGA HDMI input, touch screen remote and a high-end data projector.

Building

BALANCE

Through the expert design skills of Fender Katsalidis Architects and Carabott Holt Tucinov Architects, Solstice celebrates air, light and open space, striking a perfect balance of privacy whilst embracing the outdoors.

A LANDMARK IS RISING

Neighbourhood

Solstice Apartments, located at 138 Camberwell Road Hawthorn East, is home to a multitude of attractive amenities. With an international Walk Score® of 98, Solstice puts you within walking distance of all of them. There are hectares of parkland at your backdoor and a short stroll towards Camberwell Junction will provide you with a plethora of fresh food markets, cafés, restaurants, boutiques plus the iconic Rivoli Cinema. Melbourne’s CBD is a short journey away and can be easily made by bike, tram, train or car.

Whatever your stage of life, Sølstice has something to offer, including proximity to Australia’s most prestigious private schools, universities and many of Melbourne’s finest homes and estates.

Whether you are starting your climb up the property ladder or downsizing now the children have left the nest, Solstice offers a community within a community for everyone to enjoy.

Testing

The ideal location

A walkers
paradise

  1. Sølstice Apartments
  2. 1 minutes to Rivoli Cinema, Hawthorn East.
  3. 3 minutes to Camberwell Market, Camberwell.
  4. 3 minutes to Burke Road shopping district, Camberwell.
  5. 19 minutes to Glenferrie Road shopping district, Hawthorn.
  6. 3 minutes to The Meat & Wine Co, Hawthorn East.
  7. 4 minutes to Brunetti, Camberwell.
  8. 5 Minutes to Bike Gallery, Hawthorn East.
  9. 20 minutes to Pig & Chester, Hawthorn.
  10. 4 minutes to My Other Brother, Camberwell.
  11. 5 minutes to Coffee Head, Camberwell.
  12. 4 minutes to Prospect Espresso, Camberwell.
  13. 8 minutes to Oscar & Wild, Camberwell.
  14. 23 minutes to Vanessa Bruno, Hawthorn.
  15. 6 minutes to Bar None, Camberwell.
  16. 17 minutes to Swinburne University, Hawthorn campus.
  17. 14 minutes to University of Melbourne, Hawthorn campus.
  18. 6 minutes to Camberwell Railway Station, Camberwell.
  19. 1 minute to Fritsch Holzer Park, Hawthorn East.
  20. 3 minutes to local tram stop, Hawthorn East.

Location

Blue chip location

  1. Sølstice Apartments
  2. 7.5km to Melbourne CBD.
  3. 300m to Camberwell Market, Camberwell.
  4. 260m to The Well Shopping Centre,
    Camberwell.
  5. 1.9km to Glenferrie Road shopping district, Hawthorn.
  6. 300m to Burke Road shopping district, Camberwell.
  7. 175m to Rivoli Cinema, Hawthorn East.
  8. 120m to Fritsch Holzer Park, Hawthorn East.
  9. 2.5km to St Kevins College, Toorak.
  10. 2.0km to Methodist Ladies College, Kew.
  11. 2.4km to Xavier College, Kew.
  12. 1.9km to Scotch College, Hawthorn.
  13. 2.1km to Carey Grammar School, Kew.
  14. 1.7km to Swinburne Senior Secondary College, Hawthorn.
  15. 2.3km to Hawthorn Aquatic & Leisure Centre.
  16. 1.4km to Swinburne University, Hawthorn campus.
  17. 1.4km to University of Melbourne, Hawthorn campus.
  18. 650m to Camberwell Railway Station.
  19. 2.7km to Monash (M1) Freeway.
  20. 300m to local tram stop, Hawthorn East.

Facts & Figures

THE BEST DECISIONS REWARD YOU FOREVER

The Camberwell* Study Region (encompassing the suburbs of Camberwell and Hawthorn East) is located approximately 8 kilometres from Melbourne’s CBD and is well connected to major employment, education and lifestyle nodes via arterial roads, trams and trains. Its proximity to multiple commercial, education, retail and lifestyle precincts such as the Camberwell Junction and Glenferrie Road has historically attracted affluent and professional residents, which has translated into highly valued housing stock. The region has a limited, but growing, contemporary apartment market with demand underpinned by the local infrastructure and lifestyle amenities with apartment dwellings providing a more affordable price-point.

Changing Residential Preferences.

  • Demand for apartments has evolved across Melbourne since the mid-1990s in response to a range of changing social, economic and demographic factors that are impacting housing affordability and housing preferences.
  • Apartment projects are gaining broader market acceptance as new developments become increasingly sophisticated and offer more desirable living options with proximity to transport, amenity, employment opportunities and lifestyle precincts at a price point not otherwise available for surrounding established housing.

Demographics & Socio-Economic Characteristics.

  • Camberwell* Study Region has a marginally older median age (38 years) compared to that of metropolitan Melbourne (36 years) and is reflective of the historically comparatively more established nature of residents in the eastern suburbs.
  • The key apartment occupying age group (those aged 25-34 years) accounted for 15% of the resident population within Camberwell.
  • The median annual gross household income in Camberwell* was $104,400 (with growth of +4.9% p.a. since 2006), which was +50% higher than that of metropolitan Melbourne ($69,300, with growth of +4.1% p.a. since 2006).
  • The predominant occupational type for Camberwell* residents is Managers and Professionals (59%), which was significantly greater than that observed across metropolitan Melbourne (38%).

Location & Amenities.

  • Camberwell is connected to the CBD employment and education node via main arterial roads (Riversdale Road and Burwood Road), train and tram services. CityLink/Monash Freeway runs south of the Camberwell Study Region and provides easy access to the CBD, Essendon Airport and Melbourne International Airport.
  • Camberwell * is formed by two long established residential suburbs (Hawthorn East and Camberwell) and offers a mix of prominent commercial and retail lifestyle precincts (Camberwell Junction, Glenferrie Road and Burwood Road). The Study Region has access to local tertiary education institutions (Swinburne University), primary and secondary schools and prominent parks and recreation centres.
  • Demand for higher density dwellings is underpinned by its established lifestyle and infrastructure amenity.

Rental Market Conditions.

  • In the September quarter of 2012, median rental values for 2 bedroom units within Camberwell-Glen Iris were $380 p.w. and at a +7.0% premium to metropolitan Melbourne ($355 p.w.).
  • In 2011, 27% of dwelling stock within the Camberwell* was privately rented, which is slightly greater than for metropolitan Melbourne (24%).
Figure 2: 2 Bedroom Median Rents
– Camberwell Study Region (2005 - 2012).

Unit Price Analysis.

  • In 2012, the median unit price in Camberwell (suburb) was $580,000, which was +38% greater than the metropolitan Melbourne average.
  • Between 2000 and 2012, median unit price growth in Camberwell (suburb) was 7.7% p.a. which outperformed that of metropolitan Melbourne (+6.9% p.a.). Hawthorn East (+8.0% p,a.) and Hawthorn (+7.2% p.a.) also outperformed metropolitan Melbourne.

Camberwell (suburb), Hawthorn and Hawthorn East are ranked within the top 20 most expensive Melbourne suburbs in terms of median house price. Units offer an alternate means of market entry at a more affordable price point.

Figure 1: Median 2 Bedroom Unit Price
– Camberwll Study Region (2000-2012).

Market Fundamentals – Melbourne.

  • Population growth is a core determinant of underlying housing demand. Melbourne’s population growth has been the strongest of any Australian city for the past 15 years
  • Melbourne continues to rank across a range of surveys as one of the world’s most liveable cities, which underpins its attractiveness to interstate and international migration.

Melbourne’s housing market has stabilised and has been improving in 2013, underpinned by historically low interest rates, following softer market conditions through 2011-12.

  • The greatest downside risk to the housing market outlook remains economic underperformance and poor consumer sentiment. Unemployment has eased through 2013 and is currently 5.8% (as at April 2013) from 5.5% 12 months prior.
  • In the longer term, migration will continue to underpin housing demand and remains favourable ,with Melbourne being a preferred destination for migrants

Construction Commencing


Inspect the marketing collateral by appointment
Ross - 0410 160 151
Paul - 0425 865 386

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VISIONARIES

Bensons Property Group

Established in 1994, Bensons Property Group has become one of Melbourne’s leading inner city property development and investment companies. Our people interpret future demand, market trendsand government planning to develop residential and mixed-use properties that provide places for people to invest, live and enjoy life.

bensonsgroup.com.au

Fender Katsalidis Architects

Australia and internationally, the multi-award winning architectural firm who have designed some of Melbourne’s most spectacular and famous buildings, in Sølstice they have once again created a masterpiece, an elegant ensemble of luxury apartments that is inspiring both to look at and to live in.

fkaustralia.com

Carabott Holt Tucinov Architects

Carabott Holt Tucinov Architects is a multidisciplinary design practice that is focused on imagination and innovation to deliver style and comfort in architecture and interior design. CHT creates contemporary and imaginative spaces that capture attention, provides comfort and achieve a timeless quality. Solstice serves as another brilliant example of this.

chtarchitects.com.au