Urban's most popular VIC apartments for investors in Q1 2021
The ongoing surge in home financing and purchasing as well as the rebound in home prices is being driven by a combination of record low mortgage rates, home buyer incentives and economic recovery.
This trend has been lead by the enormous surge in first home buyer lending which soared to record highs due primarily to incentives like the HomeBuilder Grant and other FHB stimuli like stamp duty discounts.
However investors have clearly now joined the stampede of buyers rushing housing markets, seeing an uptick in market share over February and March.
Check out what first home buyer's have been keeping an eye on in Q1, here are Urban’s most popular FHB properties:
1. Ryrie Home, Geelong
Address: 44 Ryrie Street, Geelong VIC 3220
Two-bedroom apartments from $699,000
Ryrie Homes has been Urban's most popular investor project for Q1 2021, with the demographic likely eyeing its huge potential to downsize later in life. Also Geelong's strong performance as one of the nation's most sought-after regional areas, a trend which has only been exacerbated due to COVID-19.
Geelong, one of Australia’s fastest-growing regional cities by the water, also has an impressive vacancy rate of around 1.4 per cent across the region.
Delivered by Franzé, each Ryrie Home apartment has been cleverly designed by Architectus to deliver great amenity, comfort and abundant storage, with timber flooring, beautiful finishes and quality fixtures.
Each apartment enjoys panoramic bay views and alfresco dining for year-round holiday living.
With the foreshore, 500m north and the CBD, 500m east—as well as parks, theatres, galleries, cafés and restaurants all within walking distance—Ryrie Home offers a level of culture and connection unmatched in Geelong.
Plus for investors looking for something on the more affordable side, one-bedroom apartments start at $375,000
2. Melbourne Square, Southbank
93-119 Kavanagh Street, Southbank VIC 3006
Two-bedroom apartments from $642,000
OSK Property are the group behind the boutique collection of homes at Melbourne Square.
Featuring four distinct themes, it has been architecturally designed by Cox Architecture, with interiors by designer Sue Carr, creating flawless spaces which make the most of the spectacular city views on offer.
Each bedroom boasts a stunning view via floor-to-ceiling glazing, plus the master suites offer a unique panoramic city vista.
Set for completion in mid 2021, amenities include a full-line Woolworths and other shops as well as resort-style facilities including pools, sauna, spa, gymnasium and a yoga room.
3. Marshal Place, Williams Landing
Address: 1 Griffiths Street, St Albans VIC 3021
Four-bedroom townhomes from $569,000
Ideal for investors Cedar Woods’ Marshal Place is a collection of beautiful three and four-bedroom townhomes, located just 20-kilometres from the Melbourne CBD and surrounded by parklands.
The four-bedroom townhouses start from an affordable $569,000 boasting contemporary design, light-filled living rooms and an engineered stone benchtop.
Just five of the homes remain, which offer turn-key and hassle-free options and are backed with a 25-year structural guarantee.
The homes are located in close proximity to Williams Landing town centre, Altona Beach and countless educational facilities from early learning centres to university campuses.
4. Sky Garden, Glen Waverley
Address: 227 Springvale Road, Glen Waverley VIC 3150
Two-bedroom apartments from $668,000
Sky Garden, the latest development by the diversified property group Golden Age, spans three towers across the new and improved The Glen shopping centre in Melbourne's Glen Waverley.
Famed architecture firm Rothelowman designed the three apartment buildings, soaring 12, 13 and 20 levels and homing 555 one, two and three-bedroom apartments,
The apartment development is part of the $430 million Glen redevelopment which completed construction in December 2020.
Sky Garden features over 4,000 square metres of internal and external facilities with one of the most impressive features unsurprisingly being the garden in the sky.
5. Liberty One, Footscray
Address: 1 Warde Street, Footscray VIC 3011
Two-bedroom apartments from $630,000
Liberty One, a Footscray development by Bensons Property Group, features 350 one and two-bedroom apartments from an affordable $396,000.
Designed by CHT Architects, the functional design boasts floor-to-ceiling windows, open-plan living space and private balconies, as well as amenities including a residents’ lounge, gym and outdoor cinema.
The development offers upgraded specifications with a host of ‘smart home’ technology making every-day tasks seamless and easily controlled via your phone or tablet.
Plus premium oak floors, deluxe stone benchtop, gun-metal grey tap wear, high-end kitchen appliances add to the long list of quality inclusions.