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Ph (03) 9600 1111
Fax (03) 9278 8830
Level 9, 365 Queen St
Melbourne, Vic 3000
Australia
Southbank Central
Inspect at
191 CityRoad Southbank
Melway: 1D M6
Mon - Sat, 10am to 5pm
Sundays 12 to 5pm |
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News & Editorials
Every week Central Equity writes a number
of news editorials which appear in Melbourne newspapers. This weeks article is posted below.
Click here
to access our archive of news editorials
10/02/01
MELBOURNE INNER LIVING IS POPULAR
Inner city apartment living has really become a part of Melbourne.
Melburnians are embracing the move to the inner city whether they
are investors or owner-occupiers.
There are many reasons to why living in inner city has become so popular.
In the context of a major capital city such as Melbourne and the changes
in the lifestyles being undertaken, this growth is being fuelled by
some other very interesting facts.
Firstly, Victorian Government is more than ever committed to make
Melbourne the worldıs most liveable city. There are billions of dollars
being invested in Melbourne inner city areas with the Southbank alone
having some $5Billion being spent on infrastructure, entertainment
and general development. In the CBD, further changes are occurring
such as the $200 Million Federation Square, the City Link, and the
Redevelopment of Spencer Street Railway Station as part of the $1.5billion
"Linking Victoria Initiative" by the Bracksı Government.
Victoria has also recorded the highest jobs growth 81.5% as compared
to New South Wales on 79.5%. Unemployment rate was a low 6.4% at year
end October 2000. The Melbourne City Council also estimates that employment
in the central business district and Southbank area has increased.
The growing demand for city living means that living close to city
no longer means renovating a turn-of-the-century terrace house. Many
buyers now prefer a different style of living; many opting for new
developments that have been specifically designed for an inner-city
lifestyle, which is not available from traditional housing.
Central Equityıs recent growth has been based on its successful approach
to developing a concept of inner-city living, where each dwelling
has been designed to work within a large single building. Many apartments
have views, all have an emphasis on security and off-street parking.
Most have an indoor pool, tennis court, gym and on-site management.
Central Equityıs latest development also incorporates broad band high
speed I.T. and concierge services to cater for the needs in the 21st
Century.
Central Equity believes that such developments are appealing to an
increasing number of people, especially business executives, young
professionals, single women and older couples. Demographic change
is driving the changing lifestyle in our society.
A purchaser must always still bear in mind the fundamentals of
residential investment -- buying in a good location from a reputable
developer who will deliver what is promised.
Click
here
for the archive of Central Equity editorials
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2/02/01
6/01/01
23/12/00
16/12/00
9/12/00
25/11/00
18/11/00
11/11/00
4/11/00
28/10/00
13/10/00
13/10/00
6/10/00
7/07/00
23/06/00
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 for other articles please visit our archive.
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About
Central Equity