Maribyrnong Market Outlook

Maribyrnong is located in the established inner west of Melbourne just 8km to Melbourne CBD.

 

Investment & Infrastructure in Melbourne west:

  • Highpoint Shopping Centre redevelopment $300 MILLION – completed 2013
  • Regional Rail link upgrade $3.6 BILLION – completed 2015
  • Citylink Tulla widening development $1.3 BILLION – expected completion 2018
  • Western Distributor $5.5 BILLION – expected completion 2022
  • Airport Link $8.5 – $11 BILLION – expected completion 2026
  • Melbourne Metro Rail Project $10.9 BILLION – expected completion 2026
  • Maribyrnong Defence Site Redevelopment – expected completion 2030

 

Supply and demand:

From 2016-2041 about 5,375 dwellings are required to accomodate population growth in maribyrnong, there are currently 3,900 dwellings in the supply pipeline, leaving a shortfall of 1,475 dwellings.

 

Proximity to employment HUBS

  • 45,000+ JOBS – Highpoint Principal Activity Centre
  • 219.000+ JOBS – Melbourne CBD
  • 15,000+ JOBS – Sunshine Employment Cluster

 

Apartment Yields


Maribyrnong’s apartment yields 4.5% compare to 4.1% Melbourne.

 

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