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May, 2025

INDUSTRY INSIGHT: Prime Edition leading a revival in Melbourne’s luxury penthouse market

 

 

 

 

 

 

 

 

 

A recent article in The Australian, “Melbourne luxury penthouses looking like good value”, underscored a compelling shift in Australia’s prestige property narrative.

It drew clear attention to the exceptional value Melbourne offers in its luxury apartment sector, especially when compared to Sydney’s price points and highlighted the increasing demand for design-led, high calibre living in the city’s most elite suburbs.

This is precisely the market Prime Edition is proud to focus its attention, delivering landmark residences in Melbourne’s most revered locations: Toorak, South Yarra, and more recently, Clifton Hill.

Our projects are a direct reflection of the trends outlined by Ben Wilmot and Lisa Allen is their article; residences that are defined best-in-class through enduring architecture, meticulous craftsmanship, and thoughtful integration with the suburb’s urban fabric.

Each project represents not only a home but a considered statement of place, purpose, and prestige.

Original Article – https://www.theaustralian.com.au/business/property/melbourne-luxury-penthouses-looking-like-good-value/news-story/fb1bda9ab517c8444bdc60bb08e78d47 

At Prime Edition, we collaborate with some of Australia’s most renowned architects and designers to deliver homes that reflect the aspirations of the most discerning buyers, those who value timeless elegance, privacy, and enduring quality.

Whether in Toorak’s leafy, established enclave, the cosmopolitan heart of South Yarra, or the elevated, village charm of Clifton Hill, our developments capture the essence of what Melbourne luxury is evolving into: world-class living with a focus on substance and sophistication.

Each project features exceptional penthouse and sub penthouse residences that combine expansive interior spaces, artfully landscaped external areas and sweeping views across their neighbourhoods.

As The Australian highlighted, Melbourne’s luxury market is also buoyed by favourable fundamentals: stamp duty savings extended by the state government, the city’s resurgent growth trajectory, and a new residential cycle just beginning. Prime Edition residences present a rare confluence of timing, design, and living opportunity.

In a market where true quality stands apart, Prime Edition is proud to be setting the benchmark for luxury apartment living in Melbourne’s most iconic postcodes.

  • Como Toorak – A sculptural landmark that redefines prestige. Soaring panoramic views, curved glass, Spanish brickwork, expansive living spaces, private garages, and exclusive rooftop amenities create an unparalleled experience.

 

  • Tintern Toorak Village – A boutique collection of three full-floor residences, blending contemporary elegance with timeless craftsmanship. Awash with natural light and framed by lush greenery, these homes offer vast outdoor spaces in a coveted village locale.

 

  • Avoca South Yarra – A timeless expression of European elegance, set in the coveted Domain Hill precinct. Full-floor residences and a stand-alone home, crafted with a natural palette of stone finishes, offer sophisticated living in an iconic locale.

 

  • 33 Queens Parade Clifton Hill – A new benchmark for inner-city living. Expansive townhouses and apartments seamlessly blend scale, greenery, and architectural depth, ideal for downsizers seeking sustainability, with fully electric design at its core.