Rental Investment not to be missed! 5km from Melbourne CBD
Liberty One is an exclusive collection of elegant inner-city apartments, with a true village approach to design.
Located in Footscray, only 5km from the Melbourne CBD
One Bedroom apartments start at $440,000
Two Bedroom Apartments start at $560,000
Three Bedroom Apartments start at $705,000
5 Year residential lease
Further four option terms of 5 Years each (for a total of 25 Years)
Annual fixed 3.5% rent increase during each 5 Year term
Stable cash flow with no vacancies
$440 - $670 rent per week depending on the apartment you choose.
High demand in Footscray for rental properties: The residential Market has 64% rental properties with a low vacancy rate of 1.9%
By 2031, the population of Footscray is projected to more than double to approximately 42,600 residents. The highest growth is anticipated between 2016 to 2021 at an average of 8.4% per annum.
Population Growth in Melbourne as a whole and in particular Footscray the suburb because:
Proximity to CBD
Total investment 2026 $31 Billion
West Gate Tunnel Project $6.1 billion
Metro Rail $25 billion
Footscray Hospital Redevelopment $50 million
Majority of the workers in Footscray are employed in:
Supported by Footscray hospital, western private hospital, Victoria University.
Footscray is located 5km from the Melbourne CBD
MELBOURNE FASTEST GROWING CITY
Melbourne has recorded its highest-ever net annual population increase of 125,000.
There are now 4.9 million Melburnians, with the growth rate currently sitting at 2.7 per cent.
The city also boasts the fastest-growing suburb in the country, Cranbourne East, which saw its ranks swell by 27 per cent from 27,000 residents in 2016 to 34,000 in 2017.
Melbourne's population is now just 200,000 below that of Sydney's, which itself saw a record an annual increase of more than 100,000 people.
Overseas migration was Melbourne's biggest population driver in the 2016-17 period, accounting for 64 per cent of growth, followed by natural increase at 29 per cent.
Internal migration boosted Melbourne by 9,200 people.