Latest news with #ClydeNorth
News.com.au
5 days ago
- Business
- News.com.au
Young couple's big win in Clyde North
Ashleigh and Matt Otten bought and built in Clyde North, drawn by its peaceful, family-friendly feel and the promise of new nearby schools. Now, their instincts have paid off, with new PropTrack data revealing the suburb's median house price has grown 23 per cent in the past five years as it has become one of the city's busiest property markets. The young couple, who run a personal training business from their home while raising two children, Payton (4) and Blair (1) say the area's sense of community, outdoor spaces and family appeal made it the perfect choice. RELATED: More than The Block: see the real Daylesford 'Kind of mad': where Melb prices boomed Roaches and crime, Melb's 'worst hotel' for sale 'We could picture raising a family here,' Mrs Otten said. 'It just had a really nice feel.' While the booming values were welcome, she said capital growth wasn't the main driver behind their decision to build in the suburb's thriving southeast corridor. 'We did think it could be a smart move long-term, but mostly we just loved the area,' she said. The pair now run their fitness business from a fully equipped garage studio, with a mix of local clients and a growing online presence, with Clyde North's connectivity and steady population growth helping them expand as the suburb's number of homes and sales has. 'There are so many families like ours here, and so many good outdoor spaces — the lake, the parks, walking tracks — it's perfect for an active lifestyle,' Mrs Otten said. Her advice to other young families still trying to break into the suburb was to stay focused on financial goals. 'Make sacrifices where you can,' she said 'Keep going, because it's absolutely worth it once you get there.'
News.com.au
5 days ago
- Business
- News.com.au
Clyde North retail boom continues with Aldi slated for St Germain
Families in Clyde North will soon have another reason to shop local, with Aldi locked in for a major new store in the heart of the walkable St Germain precinct. The German supermarket chain will join Coles and 19 specialty retailers at St Germain Central, as part of a masterplanned lifestyle hub that's reshaping one of Melbourne's fastest-growing corridors. Construction is expected to begin in early 2026, with doors set to open in 2027. RELATED: Inside Wendy's bold Aus expansion plan 'Traps': Vic homes you shouldn't buy Gill Family Corp chief executive David Blumenthal said Aldi's arrival marked a major win for local residents, many of whom had already embraced the estate's retail offering since it opened in December 2023. 'This will probably be the first time most residents are hearing about Aldi coming in, and I imagine they'll be thrilled,' Mr Blumenthal said. 'You'll literally be able to walk across the car park from Aldi to Coles, top up your shopping in any of our 19 other stores, and get everything done in one stop. 'It's all about value, convenience, and choice.' While this won't be the first Aldi in the Clyde North catchment, it will bring the chain's newest store format to the estate, with energy-efficient features and a modern design brief aimed at future-proofing the space. Mr Blumenthal said Gill Family Corp had just secured planning approval, and are now working through the finer details before construction starts early next year. The walkable St Germain Central precinct already includes a full-line Coles, a newly opened medical centre, and specialty dining and retail tenancies, all anchored by underground parking and a village-style layout that's rare in new suburban estates. 'We've had amazing feedback,' he said. 'One of the big points of difference is the underground carparking, it's rare in greenfield developments like this.' 'We want our centres to feel good, function well, and offer an enjoyable experience. That pays off for everyone, retailers, residents, and the broader community.' The broader St Germain estate has also completely sold out its residential land component, with a growing population of families and professionals driving ongoing demand for local services. The Gill Family Corp chief executive said the outer southeast corridor is booming. 'The population in Clyde North is forecast to triple in the next five to six years, that's the scale of growth we're talking about,' he said. 'And with that growth comes demand for high-quality services, retail, health, education, lifestyle. Aldi saw that and jumped on board.' Looking ahead, the developers are also preparing to launch a major bulky goods precinct across the road from the centre, with three national anchor tenants already secured and more to be announced in the coming months. 'We've got 55ha of commercial land to develop over the next decade,' Mr Blumenthal said. 'There's a large new healthcare facility nearing completion next month, and we're continuing to expand the retail mix as demand grows.' 'We're in this for the long haul — as landlords and developers — and our aim is to deliver something of real quality that grows with the community.'
News.com.au
05-06-2025
- Business
- News.com.au
Former Carlton star Fraser Brown seals nine-figure deal
A company headed by ex-Blues Premiership player Fraser Brown has splashed a whopping nine-figure sum on a development site in Melbourne's south east. It is believed that Brown Property Group's purchase of the 68.77ha Clyde North land has set a new record for Victorian residential development sites, with industry sources putting the sales price at circa $250m. More than 1290 homes could be built at the 200 Tuckers Rd address in the future, subject to planning approval from the City of Casey. The property was sold by a family who have farmed the area for six generations. Commercial real estate agency LAWD senior director Peter Sagar, who had the listing alongside colleague Paul Callanan, said they received more than 20 offers for the site – totalling an overall $4bn in capital. Most interested parties were big-name developers including multiple Australian-based Chinese developers. Mr Sagar declined to comment on the sales price but said Perth- and Queensland-based developers had flown in to inspect the land parcel and meet the owners. The final sales deal equated to about $4.2m per hectare for the site's 60ha net developable area. 'I can't think of a single residential development side that's sold for that amount for a long time, in Victoria,' Mr Sagar said. Brown Property Group purchased the Cranbourne Golf Club, 12km from the Tuckers Rd site, for a reported $190m 12 months ago. The company's director Fraser Brown played in Carlton's 1995 grand final side and won the club's Best and Fairest award three years later. He retired from football in 2000. The Tuckers Rd property is located within the Clyde Creek precinct structure plan, a document outlining Victorian government-approved future development for the wider area. Mr Sagar is also managing the sales campaign for a 36.39ha block in Diggers Rest that is expected to sell for $90m-$100m, according to industry insiders.
ABC News
29-05-2025
- General
- ABC News
Two Victorians, South Australian killed in Western Highway crash near Ararat
Two Victorians and a South Australian have been identified as the victims of a horrific multi-vehicle crash in western Victoria on Wednesday. Police have revealed a 49-year-old male driver from Lyndhurst, a 24-year-old female passenger from Clyde North and a 65-year-old male driver from SA died in the collision on the Western Highway north of Ararat at about 12:30pm. Five vehicles were involved in the crash, which occurred near the highway's intersection with Thomas Road at Armstrong. The driver of a semi-trailer, a 63-year-old Horsham man, and the driver of another car, an 83-year-old Geelong woman, were taken to Ballarat Hospital with minor injuries. The driver of a small truck, a 52-year-old Corio man, was taken to hospital as a precaution. The Western Highway is expected to remain closed until at least midday Thursday. Police are still investigating the cause of the accident. Detective Senior Sergeant Paul Lineham described the scene as "absolute carnage".
