A new apartment development from Lumex Property Group is set to turn the Canterbury suburb of Sydney into the latest hot spot for investors and first home buyers, says international real estate group, Savills.

Canterbury is a suburb in Sydney undergoing massive regeneration and growth, and attracting families as well as professionals. The fast development of this area is reflected in research that showed apartments in Canterbury recording a 105% increase in rents from 2003 to 2013, the fourth highest in Sydney.

Habitat, the latest development to boost Canterbury’s stock of quality apartments is designed by leading architectural firm Turner. The name ‘Habitat’ represents the seamless connection between the indoor and outside green living spaces in the design.

Consisting of 134 apartments and townhouses, the Habitat sets a new benchmark for Canterbury in style and sophistication with timber floors, ducted air conditioning, AEG induction cook tops and integrated fridges and ovens.

Outside, residents can enjoy beautiful green spaces and lush landscaping, including intimate seating spaces within outdoor room-like zones and even a private outdoor cinema for the exclusive use of residents.

Expected to be completed by mid-2016, the Habitat consists of 32 one-bedroom apartments; 34 one-bedrooms with study; 27 two-bedrooms; 30 two-bedrooms plus study; and 3 three-bedroom apartments. Eight townhouses will be released at a later date. All apartments have parking facility.

The Habitat is located at 308 Canterbury Road, just 9.5km from the Sydney CBD and combines the lively ambience of the Inner West with convenient access to many parts of Sydney. Residents have all the conveniences of supermarkets, services, schools and the Canterbury train and bus interchange within walking distance of the Habitat.

The Habitat presents a great opportunity for both investors and owner occupiers in the sought-after Inner West area, to secure an apartment at an affordable price with realistic capital growth prospects.

A Habitat display centre at 2 Canton Street, Canterbury is open from 11am to 3pm, Wednesday to Sunday.