Residential downturn is showing signs of being short-lived with the expectation of reaching bottom earlier than previously speculated, with some forecasting as early as the end of 2019/2020. Following unexpected coalition victory in the national election and the first official RBA rate move since late 2016, CBG has seen an immediate return of positivity and confidence created through stability within the industry,

Series of enquiries for potential new projects, diverse in concept ideas within established and strong performing areas such as:

• Heidelberg
• St Kilda
• Hawthorn East
• South Melbourne

Series of exciting new projects that have progressed and commenced in the office over the past month:

• Corner Alma Road and St Kilda Road, St Kilda (multi-level mixed use proposal)
• Rigby Avenue, Carnegie (series of high end townhouses)
• Sports Pavilion at Brighton Secondary College
• Outdoor Learning Centre for the Blackwood Special School

Series of projects with recent or current Town Planning Submissions in the past month:

• Hotham Street, St Kilda (boutique residential proposal)
• Brunswick Road, Brunswick (multi-level mixed use proposal)
• Coppin Street, Richmond (boutique residential proposal)
• Corner Carlise Street and St Kilda Road, St Kilda (residential proposal)

Series of projects that have received planning permits or council approval recently:

• Reserve Road, Sandringham (office building - permit)
• Horne Street, Elsternwick (multi-level mixed use proposal – permit)
• Gorge Hotel, Launceston (hotel complex – town council approval)

A snapshot of the positive effect CBG are starting to see and experience within the office, business partners and clients over the past month across a scope of varying projects in size and diverse typologies.

For more information on the projects referenced in this article please click the below links to view the full project discriptions;
St Kilda Corner
Reserve Road
Horne St
Gorge Hotel