New Vision Released For Melbourne’s Fishermans Bend Precinct in Port Melbourne

Fishermans Bend is Australia’s largest urban renewal project covering approximately 455 hectares in the heart of Melbourne.

It will consist of five precincts across two municipalities – The City of Port Phillip and the City of Melbourne – and connect Melbourne CBD to the bay.

By 2050 it is expected that Fishermans Bend will provide employment for up to 40,000 people and be home to approximately 80,000 residents.

The employment precinct will be designed to attract international investment and will become a destination for education spaces, specialised labs and emerging technologies.

  • Port – $6 Billion to be spent on Port of Melbourne Expansion & $40 million on the western Distributor
  • Median Apartment price has grown by 27% in Port Melbourne over the last decade
  • 1.9% Vacancy Rate in the rental market
  • Average household income of $120,000

 

View Fishermans Bend latest apartment project located 650m from the beach & 3km from the CBD >>