Strategic Campaign Brief
366–422 Abbotsford Street
North Melbourne VIC 3051
Prepared for MAB
2026
Path to sell-out by completion —
53 townhomes in North Melbourne.
Letter from the Director · About BPG · Leadership · Track Record
Our focus is simple: challenge the traditional, and deliver better results.
As a challenger brand, we rethink how property is marketed, how buyers connect with homes, and how developers bring projects to life.
While the usual names rely on what's worked before, we focus on what works now. Our approach is agile, creative, and built for today's market — not yesterday's.
We bring fresh thinking, innovative strategy, and a drive to deliver better outcomes in a space often defined by sameness.
What We Offer
With deep experience across boutique and mid to large apartment and townhome design-led projects, Blair Property Group will deliver:
We're confident in our ability to drive a successful and collaborative sell-through of 366–422 Abbotsford Street, North Melbourne.
Thanks for considering our proposal — we look forward to the opportunity to work together.
BPG is a full-service project marketing team focused on delivering standout results across sales, digital, media and marketing, powered through the best technology available.
The team behind 366–422 Abbotsford Street — bringing together sales leadership, marketing strategy and project delivery for MAB.
Darren is a sales and marketing leader with 14+ years across real estate, tech, and creative sectors. As Principal of Blair Property Group, he leads standout project marketing campaigns and served on UDIA Victoria's Urban Renewal Committee.
With 25+ years in property sales, Alexis is Sales Director at Blair Property Group. Formerly with Mirvac and Stockland, she led top-performing teams on landmark projects and brings deep expertise and a client-first approach to every development.
Elia has held a range of marketing roles across the real estate sector, from off-the-plan to established sales. After 7 years in NYC with a top sales team, he now leads digital, email, content and lead-gen strategies to drive results across every channel.
Matisse brings a strong, well-rounded background across proptech sales and property management. She has built a successful career working with leading platforms and agencies, giving her a sharp commercial instinct and a genuine understanding of what buyers and owners actually value.
The best way to predict the future is to create it.
A focused portfolio of low- and medium-density residential — with a deep specialisation in boutique townhome communities across Melbourne's inner and middle ring. Selected current projects below.
North Melbourne Market · Comparable Evidence
A snapshot of the North Melbourne house market — median price, twelve-month growth and a five-year price trend. Figures sourced from publicly available market data and refreshed monthly through campaign.
North Melbourne's medium-density townhome market is performing on tight stock, deep owner-occupier demand and a buyer pool that has shown — repeatedly — they will pay for design-led product in this postcode. The recent sales evidence below frames the pricing runway for 366–422 Abbotsford Street and confirms the opportunity to position the project just under the premium boutique benchmarks already established in 3051.
Boutique 3–4 bed townhomes across Chapman, Queensberry, Haines and Provost Streets — confirming depth of buyer at the upper-middle band.
Downsizers from Parkville, Carlton North and Brunswick continue to dominate enquiry — values held firm through the rate cycle.
Position 366–422 Abbotsford as the considered alternative — design parity, sharper entry — to capture the broadest qualified buyer pool.
Six current North Melbourne 3051 townhome benchmarks. Read together, they bracket the achievable range and inform a release strategy that sits a clear step below the premium offerings in the building.






The 3051 townhome market is clearing between $1.6M and $2.65M. The premium ceiling is already established; the depth of buyer sits in the $1.75M – $2.0M band. 366–422 Abbotsford Street should be calibrated to lead this band with a product that mirrors the premium architectural language of the building, but releases at a clear step below the marquee residences — capturing the broadest qualified buyer pool while protecting the value of the premium stock above.
Project & Product · Sales & Marketing
Great design alone won't sell 53 townhomes in this market — buyers want a clear, defensible reason to choose. Below is our recommended platform of inclusions and design considerations that position 366–422 Abbotsford Street as the standout owner-occupier proposition in North Melbourne. These are the talking points the campaign can lead with, the features that justify the price, and the things competitors won't have.
A considered architectural response — robust brick base, recessive upper forms, generous private outdoor — paired with a layered inclusions package that anticipates how buyers will actually live in these homes for the next 10–15 years. The intent is simple: when a buyer walks two doors down to 14 Haines, the answer to "why this one?" writes itself.
Introducing 2-bedroom options creates an accessible entry price point while broadening buyer reach. 4-bedroom configurations are rarely offered in this pocket and unlock demand from families seeking space without leaving the area — all while protecting a strong price position.
A shortlist of the high-impact, story-worthy inclusions we'd workshop with MAB to define the project's USPs and unlock premium pricing without overcapitalising.
Pre-cabled EV charging point in every garage as standard. A small build-cost line that removes a major future-buyer objection and tells a clean sustainability story.
Rooftop PV with battery-ready inverter to every dwelling. Materially reduces running costs — a number we can quote in the campaign and at the contract table.
Double-glazing, high-performance insulation, all-electric kitchens and reverse-cycle zoned HVAC. Aligned with where regulation — and buyer expectation — is heading.
Smart locks, video intercom, perimeter CCTV to common areas, and a base smart-home hub. Speaks directly to downsizer and young-family buyer priorities.
Low-VOC finishes, HRV/MVHR-ready ducting, water filtration to kitchen. Quiet, simple upgrades that elevate the daily living experience without showy spend.
Generous walk-in robes, integrated mudroom/drop zones, dedicated bike & cargo storage. The unglamorous detail that converts the second inspection.
Advanced tree planting, deep-soil verges and a curated common-realm landscape strategy — a defining first impression at handover, not in five years' time.
Extended structural warranty backed by MAB's 30-year delivery record. A trust signal that out-positions speculative builders working the same buyer pool.
The product mix above is a direct response to the buyers we expect to see through the door. North Melbourne in 2026 isn't one buyer — it's six distinct cohorts, each with a different financial picture, life stage, and emotional driver. Designing for all six is how we de-risk absorption and protect the price line.
These proportions guide product mix, campaign targeting and the display suite narrative. Figures adjusted to total 100%.
Inner-north professionals currently renting in Carlton, Brunswick or Kensington. Career-driven, financially literate, ready to convert rent into equity within a 5km radius of where they already live and work.
Empty-nesters in Parkville, Flemington, Ascot Vale and Kensington who want to stay in their patch but step out of a 600m² block. They're selling a home with significant equity — slower decision cycle, but high-conviction when convinced.
Investors attracted to North Melbourne's tight rental market, improving amenity, and the MAB delivery record. They're comparing this to new apartments in Footscray and Preston, and want evidence of tenant demand and future capital growth.
Buyers reshaping life after separation. Settlement funds in hand, looking for somewhere that signals a new chapter — community, walkability, and a home that feels intentional rather than transitional.
Families already in 3051, 3031 and 3032 who love their school zone and lifestyle but have outgrown a two-bedroom apartment or worker's cottage. The 4-bedroom format is genuinely rare in this pocket — that scarcity is the proposition.
Young couples and singles taking their first step — frequently with a deposit gift or guarantee from parents who live in the broader inner-north. Stamp duty concessions and a sub-$1m entry price are decisive.
In nearly every downsizer journey, one half of the couple makes the first enquiry. Then comes the back-and-forth — she's ready for less maintenance, he's worried about losing the garden; he loves the new start, she can't picture leaving the family kitchen. This is normal, and it takes time.
What we've learned across hundreds of these conversations is that we're not selling square metres — we're selling confidence. Confidence that this is the right move. Confidence that lifestyle improves. Confidence that downsizing is a smart, meaningful step forward, not a step back. That's the muscle our sales team brings to every Saturday and every mid-week appointment at Abbotsford St.
Few sites in 3051 offer this combination — scale, frontage, established neighbourhood character and direct connection to Royal Park, the CBD and emerging Arden precinct. The aerial perspective tells the story buyers feel the moment they arrive on site.







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Buyers in this pocket are often weighing a new townhome against an established workers' cottage or terrace. The comparison below frames the practical gap Abbotsford Street closes on size, rooms and parking.
Typically 2 bedrooms and 4 principal rooms on a 100–180m² parcel. Most lack any dedicated off-street parking.
Less common in the area but present across North Melbourne and neighbouring suburbs. Again, most have no car accommodation.
Often larger after extensions, yet still predominantly car-free. Renovation costs and heritage constraints are common trade-offs.
Against this, 366–422 Abbotsford Street offers modern 2–4 bedroom townhomes with dedicated car spaces, storage and contemporary floorplates — a genuine step up in liveability without leaving the neighbourhood.
From product fundamentals to market activation — how we take 53 townhomes in North Melbourne from plan to sold.
Blair Property Group is proud to present 53 townhomes in North Melbourne — a rare upper-middle-market opportunity in the heart of 3051. The project balances amenity, lifestyle and long-term security with boutique character that resonates with owner-occupiers — where they lead, investors will inevitably follow.
Exit strategy. To achieve the goal of exiting the project quickly and effectively, we propose a disciplined rolling campaign — anchored by monthly creative refreshes, milestone campaigns, and activation moments — that sustains momentum, heightens engagement, and positions North Melbourne as both a secure long-term community and an accessible entry into 3051.
BPG's success. Blair Property Group boasts a demonstrated track record in off-the-plan and new development sales, achieved through a diverse range of sales and marketing strategies tailored to each project's audience, price point and locale.
This project will be a blend of both retail sales and channel sales. To get the volume we need, we recommend running both in tandem — not as separate streams, but as one coordinated push where early channel partners warm the market and the retail campaign converts the broader buyer pool.
Public-facing sales driven by the display suite, digital campaign, REA/Domain, paid social and on-the-ground enquiry.
Targeted collaboration with local agents, buyer groups and referral networks who have ready purchasers.
A staged, disciplined release that builds early confidence, converts public enquiry, and protects product value by controlling how much of each typology is available at any one time.
Sales targeted during the 12–16 week channel pre-allocation window, creating early momentum and social proof ahead of public launch.
Certain products are held off-market at any given moment to protect against oversupply of the same bedroom configuration and preserve buyer urgency.
366–422 Abbotsford Street is 53 well-designed townhomes in North Melbourne — a considered, upper-middle-market offering that opens the suburb to a broader buyer pool. The product is strong — the campaign needs to match it. Right now it's too quiet. The next phase is about making noise in the right places, cutting through in a market full of similar-looking projects, and giving buyers a clear reason to act.
The current campaign is too quiet. It needs to get noticed — in the street, in the feed, in the letterbox. Bold creative, clear messaging, a strong point of view. 53 townhomes at the right price point is a real opportunity. The campaign needs to say that out loud.
This isn't about being loud for the sake of it. It's about standing out in a market where most project marketing looks the same. 366–422 Abbotsford Street should feel different — more confident, more direct, harder to ignore.
Stop describing it as a townhouse project. Start positioning it as something harder to find. 53 townhomes in North Melbourne, well-built and well-located, offering genuine value for buyers who want into the suburb without paying inner-city house prices. That's the story — say it clearly and say it everywhere.
Established homes in the same suburb. The product needs to hold up against a buyer who's comparing it to a house — not another townhouse project. Scarcity (only 10) and quality of specification are the differentiators.
Most people driving or walking past a townhouse development don't look twice. The job of this theme is to make them look twice. The product genuinely lives like a house — private entry, real garage, proper outdoor space, volume inside. The campaign needs to say that directly, not hint at it. New renders, website copy, social, hoarding, video — all of it should leave no doubt.
Introduce a dedicated "Sustainability & Materials Quality" section across the website, a standalone brochure/flyer, and EDMs and socials. The objective is to create deeper buyer confidence and clearly communicate the difference between 366–422 Abbotsford Street and broader market stock.
Leverage MAB's established track record and delivery confidence. The messaging reinforces: "The same builder delivering strong results and genuine buyer confidence across comparable mid-market townhome projects." Particularly powerful for downsizers, local owner-occupiers and cautious off-the-plan buyers.
The website needs to do more work. Expanded content, stronger copy, a presentation that reflects the quality of the product. A buyer should leave feeling like they've seen something worth coming back to.
Introduce several new renders focused on increasing the sense of scale, house-like proportions, street presence and interior volume. The imagery should feel architectural, warm, timeless and emotional — not highly stylised.
REA stays live throughout. $4,000/month on Meta — Facebook primary for the 50–65 buyer, Instagram for DINKs and professionals. The creative needs to stop the scroll, not blend into it. Video-led, direct, with a clear call to action.
Two local channels running alongside the digital campaign. Both are aimed at the buyer who lives within the suburb or nearby — the person most likely to buy, and least likely to be found purely through online search.
A DL flyer to owner-occupied homes in the primary catchment. This is the buyer who isn't on REA yet — they need something to land in their letterbox and make them stop. It needs to look like it belongs to a project worth looking at. Bold, direct, with a clear reason to enquire.
The objective is not broad conjunction volume. It's maintaining relationships, keeping agents engaged, and ensuring 366–422 Abbotsford Street stays top-of-mind for qualified local referrals.
BPG does not compete with other agents so we work well alongside them. We will bring the best of the inner north into a coordinated partner program.
A physical presence in the local catchment puts the project directly in front of the buyer every day. The display suite should feel like a gallery — not a sales office. Strong window signage, a clean interior, and a digital presentation that does the heavy lifting.
A high-foot-traffic retail strip within the project's primary catchment — subject to availability and lease terms. The local buyer walks past every day.
Strong, bold, impossible to walk past. Large-format window graphics that state the project clearly — not a real estate agent's window display. This is a brand statement from the street.
Gallery feel — clean walls, considered lighting, physical material samples, a single large screen for the digital presentation. No clutter, no standard display suite furniture. Let the project do the talking.
Full-screen project walkthrough — renders, floorplans, location, specification. Updated as construction progresses. No printed brochure stack. The screen is the brochure.
Our buyer shops, eats and walks in the immediate catchment. A presence on a local retail strip means the project is visible to the exact person we're trying to reach — every day, without spending a dollar on advertising.
It converts passive interest into active enquiry. Someone who's seen the social ads, driven past the hoarding, and then walks into a well-presented display suite is very close to a buyer. The physical space closes the gap that digital can't.
The current site presentation should evolve into a stronger project statement. The objective is to make 366–422 Abbotsford Street feel important within the streetscape.
The hoarding is the most consistent piece of media in the whole campaign — it's there every day. Right now it doesn't do enough work. The new direction needs to be bold enough that someone driving past at 60km/h registers it. Strong typography, clear message, strong presence. Not a standard development site board.
53 townhomes at this price point in North Melbourne is a rare combination — and the campaign needs to lead with value, location and liveability, not luxury. The campaign needs to reflect that — not whisper it. Bold creative, clear positioning, a strong presence in the local market. Every channel should work harder. The product is strong enough. The campaign needs to match it.
A fully phased 12-month campaign budget tied to launch, sustain and absorption stages. Built line-by-line in our live planning tool — figures below are the working baseline, finalised on appointment.
| REA Project Profile | $84,000 |
| Facebook / Instagram | $48,000 |
| Apartments.com.au | $20,000 |
| Media subtotal | $152,000 |
| Full Media Management & Creative | $22,200 |
| Display Suite Technology | $9,000 |
| Classic Cinemas Advertising | $7,800 |
| Local Letterbox Drop | $7,500 |
| A Night With The Architects | $6,500 |
| Campaign Videos | $2,500 |
| Subtotal | $55,500 |
All figures exclusive of GST. Final phasing confirmed once pricing schedule and project timeline are locked.
Our proprietary platform turning every project into a personalised, immersive buyer experience — combining brand storytelling, residence detail, and a private buyer portal in one shareable link.
A structured EDM cadence sits behind every enquiry — branded for 366–422 Abbotsford Street, written for the buyer, and timed against the sales journey. Every email is a touchpoint: launch announcement, project story, lifestyle, and the call to act.
Sales Process · Technology
Every enquiry enters a structured, automated journey. No lead falls through the cracks. The right message is delivered at the right moment — from first web visit through to signed contract.
BPG operates a fully integrated sales technology stack purpose-built for off-the-plan campaigns. Every buyer interaction — from first web visit to unconditional contract — is tracked, scored, and actioned.
Salesforce-based pipeline management. Every enquiry scored, tagged by typology and price sensitivity, enrolled in automated nurture. Developer dashboard updated weekly.
Klaviyo-powered sequences triggered by buyer behaviour. Construction milestones, price updates, event invitations — all templated, staged, and personalised.
Direct SMS for high-intent actions: VIP invitations, new release notifications, settlement reminders. Open rates exceed 90%. Used selectively on opted-in contacts only.
Meta and Google with postcode-level targeting across inner-Melbourne bayside and Inner East. Lookalike audiences from BPG's existing buyer database. Weekly creative refresh.
REA and Domain premium placement from public launch. Project profile with interactive floor plans, video, and enquiry capture — managed by BPG from day one.
Weekly campaign reports: enquiry volume by channel, pipeline value, open-home attendance, contract status, and absorption rate vs projections. Full transparency.
Recommended price positioning
Lot-by-lot pricing across all 53 townhomes — calibrated to comparable evidence, tested against the upper-middle buyer's willingness-to-pay, and staged to drive velocity early while preserving upside through completion. Schedule reference: 260612_NM_TH Revenue Schedule — Option B (53 TH).
Mid-stock Type A.1 / A.2 released slightly inside benchmark ($1.535m–$1.595m) to capture VIP and database buyers and establish velocity. Hold all end-of-row, Type B, F and G stock back.
List prices reset back to schedule ($1.595m–$1.725m) as Stage 1 clears. Release larger Type B floorplans and second tranche of A.2 stock. Aim: steady absorption through public launch into structure complete.
Type A.3, D, E, F end-of-row residences released last at $1.635m–$1.795m, supported by walk-throughs and de-risked buyer journey. Targeted to local downsizers and certainty-seeking buyers.
| Lot | Type | Config | NSA m² | POS m² | Car | Frontage | List Price | $ / m² |
|---|---|---|---|---|---|---|---|---|
| Abbotsford Street · 27 lots | ||||||||
| 1 | A.3 End | 3B/2B | 165.2 | 9 | 1 | Abbotsford | $1,695,000 | $10,260 |
| 2 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 3 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 4 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 5 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 6 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 7 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 8 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 9 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 10 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 11 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 12 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 13 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 14 | B Mid | 3B/2B | 192.7 | 9 | 1 | Abbotsford | $1,725,000 | $8,952 |
| 15 | B Mid | 3B/2B | 192.7 | 9 | 1 | Abbotsford | $1,725,000 | $8,952 |
| 16 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 17 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 18 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 19 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 20 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 21 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 22 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 23 | A.1 Mid | 3B/2B | 162.8 | 7 | 1 | Abbotsford | $1,565,000 | $9,613 |
| 24 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 25 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 26 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| 27 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Abbotsford | $1,595,000 | $9,743 |
| Molesworth Street · 4 lots (end-of-row) | ||||||||
| 28 | E End | 4B/2B | 165.3 | 68 | 0 | Molesworth | $1,635,000 | $9,891 |
| 29 | D End | 3B/2B | 157.4 | 14 | 1 | Molesworth | $1,595,000 | $10,133 |
| 52 | F End | 3B/2B | 170.2 | 9 | 1 | Molesworth | $1,795,000 | $10,546 |
| 53 | G End | 4B/2B | 140.9 | 9 | 1 | Molesworth | $1,495,000 | $10,610 |
| Hardwicke Street · 22 lots | ||||||||
| 30 | A.3 End | 3B/2B | 165.2 | 9 | 1 | Hardwicke | $1,695,000 | $10,260 |
| 31 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 32 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 33 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 34 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 35 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 36 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 37 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 38 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 39 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 40 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 41 | B Mid | 3B/2B | 192.7 | 9 | 1 | Hardwicke | $1,715,000 | $8,900 |
| 42 | B Mid | 3B/2B | 192.7 | 9 | 1 | Hardwicke | $1,715,000 | $8,900 |
| 43 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 44 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 45 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 46 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 47 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 48 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 49 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 50 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| 51 | A.2 Mid | 3B/2B | 163.7 | 9 | 1 | Hardwicke | $1,595,000 | $9,743 |
| Totals / Averages · 53 lots | 8,767 | — | — | — | $85,135,000 | $9,711 | ||
The $9,711/sqm blended rate and $1.606m average sit firmly inside the North Melbourne and surrounds 3-bedroom townhouse band ($9,500–$11,000/sqm depending on finish and outlook). Mid-stock A.1/A.2 leads the market in on simple price per door and on rate, while end-of-row stock (A.3, D, E, F, G) is priced at a 5–11% premium to reflect double aspect, larger POS and lower stock count.
Type B (192.7 sqm) is the standout on rate at $8,926/sqm — 8% below the mid-stock average — and represents the best $/sqm proposition in the schedule. We expect these four lots to absorb quickest and recommend holding two back for Stage 2 to use as anchors rather than discounting elsewhere.
Lot 52 (Type F · $1.795m · $10,546/sqm) is the schedule's price ceiling and will test the buyer pool. Recommend releasing last with completed product evidence. Lot 53 (Type G · 140.9 sqm · $1.495m) is the entry-price anchor and should be held for Stage 2/3 as a "starting from" headline.
35 of 53 lots (66%) are Type A.2 at $1.595m. Releasing too many in any single tranche creates a "same product" perception. Stagger A.2 stock across all three release stages — no more than 12–14 in any single release — and rotate aspect between Abbotsford and Hardwicke frontages.
Lead with "from $1.495m" (Lot 53) to capture inbound interest at the broadest price point. Secondary message: "3-bed townhomes from $1,565,000" covering the eight A.1 lots — these are the velocity drivers in Stage 1.
At list, gross realisation is $85.14m. A 2.5% softening across the schedule = -$2.13m. A 2.5% uplift achieved through Stage 2/3 = +$2.13m. The strategy is to release inside list in Stage 1 to remove that downside, then recover it with confidence in Stages 2–3.
Commercial terms
Our goal is to manage the entire sales and marketing process to ensure that both are working seamlessly together — from pre-launch through to settlement.
A fully phased marketing investment schedule is tied to campaign stages and absorption milestones, finalised once the full pricing schedule and project timeline are confirmed. Marketing investment is not a cost of sale — it is the mechanism that determines the price achieved. Underspending on a project of this calibre creates a ceiling on what the market will pay.
The architect's design demands an equally considered campaign. We structure investment tied to milestones — front-loading launch phase where first impressions are irreversible.
All fees quoted exclusive of GST. Marketing costs are in addition to agency fees and will be presented in a detailed campaign budget prior to launch.