REALM CAULFIELD INTEGRATING AN ASPIRATIONAL BTR COMMUNITY INTO AN EXISTING URBAN FRAMEWORK

Realm Caulfield is an aspirational BTR asset located in Precinct 2 North of what was formerly known as Caulfield Village in Melbourne. Maximising the site’s locational attributes in one of the city’s most sought-after residential suburbs, Realm Caulfield prioritises comfortable amenity, active streets, and a vibrant village heart.

ARM won a design competition to masterplan two greenfield precincts at the Caulfield Village site and was subsequently invited to design all the buildings. The masterplan for the project was devised according to an existing plan that had been created to allow development on the site. Using this plan as a basis for a compliant design, ARM divided the precinct into smaller envelopes for the developer, contributing a series of structural and detail-orientated innovations to the overall design scheme.

Precinct 2 North promotes an elevated yet relaxed lifestyle for residents, featuring a public network of green boulevards, streets, and laneways seamlessly connected into the wider existing urban and community framework.

Asset Features

Realm Caulfield comprises over 430 apartments across four main buildings, which respond to different characteristics of the surrounding streets. Designed to complement the existing development at Precinct 2 South, the buildings are defined by a classic, neutral palette and a combination of brickwork and concrete panels with a sleek edge.

Extensive outdoor green areas for exercise and leisure and dog-walking separate the buildings, extending out into the broader precinct. These greenspaces further promote a sense of community for residents as energising shared spaces facilitating gatherings and social meetings throughout the day.

The elevated amenity offering at Realm Caulfield complements the size of the site, with a state-of-the-art pool, gym, a bookable dining room, cellar, and a library for residents to access at their leisure. The site’s retail and hospitality offering also positions it as a new active centre for Caulfield, with a range of restaurants, cafes and its own on-site supermarket accessed by the wider community.

Tenant Clientele

Located in the heart of Caulfield, Realm Caulfield is situated near Caulfield Racecourse, Caulfield Railway Station, Monash University, and Dandenong Road.

Its tenant demographic comprises:

• Professional couples and singles aged between 25 and 40

• A portion of local and international students who attend the nearby Monash University

• Retail and hospitality employees who work at nearby retail shopping precincts including Chadstone Shopping Centre

• Families with young children who attend the local schools

• Retirees in the area who are looking to downsize or experience a more intimate, community-based living experience.

Progress

Realm Caulfield at Precinct 2 North is now complete, a destination inspiring a sense of connection and interaction for residents and the wider community. Residents reflect on the aesthetic value and thoughtful layout of the apartments and amenities, and the seamless integration of open spaces throughout the site promoting wellbeing for people of all ages.

The concierge experience is another key feature of the asset’s design and functionality, and one that residents perceive as part of an elevated living experience. Following the model of a 5-star hotel, each tenant is greeted by a concierge upon entering their building. This 24/7 concierge service is an important opportunity for personal connection, and an additional layer of security for residents.

With its expanding hospitality and retail offerings, the precinct also continues to be commercially viable as a dining and shopping destination, attracting a large number of visitors from neighbouring suburbs. With development plans for Precinct 3 in place, Realm Caulfield will continue to evolve into one of Melbourne’s most cohesive communities defined by convenience and an enhanced quality of life.