Great Investment Opportunity or Attractive First Home Buyer Package
1 & 2 Bedroom Apartments – Now Available from $450,000 to $660,000
Call Marie or Hanna to arrange an appointment to inspect plans and inspect the Display Suite.
Apartments are the outstanding growth sector of the Melbourne property market, providing substantial returns on rental yields and capital gains.
With significant population increases forecast and a trend towards densification of the inner suburbs, areas like Brunswick West have become prime investment targets.
Brunswick West has started undergoing rapid gentrification off the back of suburbs between Brunswick West and the CBD such as Carlton, Carlton North and Parkville being very tightly held and enjoying strong price growth in recent years.
Masses of white collar residents are moving into Brunswick West which presents an affordable option only 4km’s from Melbourne’s CBD
Long-renowned for its rich multicultural character, Brunswick West is fast becoming the inner city hot spot for young professionals, artists and university students, drawn to a vibrant lifestyle that embraces a hip cafe scene, dense shopping experience, and spectacular array of food offerings.
Designed by award-winning MAP Architecture, our apartments showcase a philosophy of exceptional design that integrates stylish good looks, spacial harmony and a wealth of practical solutions for everyday living.
Step inside the precinct and discover a lifestyle hub that invokes a true community spirit with a range of superb amenities in a vibrant village atmosphere.
Gorgeous interiors by the highly regarded Adele Bates Design Studio have been designed with ‘A place for everything’ creating apartment’s superior in both style and functionality.
Spectacular 1 & 2 bedroom residences reflect a holistic design vision with a passion for individuality and carefully considered detail — inviting you to immerse yourself in the warmth and ambience of natural materials, like engineered timber floors and stone benchtops and mirrored splashbacks.
GENTRIFICATION
Early signs of gentrification are evident in Brunswick West (a suburb of City of Moreland) with excellent bars, restaurants and cafes opening up in the area. This will pave the way for further gentrification in the short-term, by attracting young professionals based on the new and cool lifestyle offerings.
Brunswick West now has a very similar feel to Collingwood of three to four years ago, with a bars, cafes and restaurants popping up in volume. Collingwood has since enjoyed strong capital growth, with a capital growth rate of 16.52% in the past 12 months.
POPULATION GROWTH
25% – The population in the City of Moreland is expected to grow by more than 25% or approx. 47,000 people by the year 2026 (from 2011).
This strong population growth will underpin capital growth over this period.
RIPPLE EFFECT
Brunswick West is gentrifying quickly, although in the early stages of this process.
As gentrification increases so does capital growth, as demonstrated in other similar suburbs closer to the CBD.
As each suburb gentrifies and property prices increase, buyers look to neighbouring suburbs creating a ripple effect. Brunswick West’s property prices are yet to reflect the sharp increase in the number of professionals residing in the suburb.
This would suggest strong capital growth is imminent.
Increase in Property Prices (past 12 months) & Professional
BRUNSWICK WEST ASCOT VALE COLLINGWOOD PARKVILLE
Professionals: +18.7% Professionals: +17.6% Professionals: +25.4% Professionals: +25.7%
Property Prices: +9.46 Property Prices: +7.05% Property Prices: +16.52% Property Prices: +14.48%
Discover the hip inner-urban charm of Brunswick West
Designed by award winning MAP architecture, these apartments showcase a philosophy of exceptional design incorporating stylish good looks, practical solutions for everyday living and brilliant interior designs.
1.8% Brunswick West has an extremely low vacancy rate of only 1.8% which is lower than that of most other inner-city suburbs, and significantly lower than the vacancy rate for Melbourne CBD which is currently 4%