Melbourne has been voted the world's most livable city for the seventh consecutive year (2017) by The Economist.
As at December 2017, the estimated population of Victoria was 6.385 million people, an increase of 143,400 or 2.3% pa.
In the same 12 months, Melbourne's population grew by 127,000 or 2,440 people per week or 2.3% pa.
Exceeding the Australian national average population growth of 1.6% pa.
It is predicted that by 2050, Melbourne's population will be 8 million people. The same size that New York is today.
Because of the population growth, VIC Government is spending billions of dollars on infrastructure.
- $1.3 billion CityLink Tulla Widening Project - will increase capacity, reduce travel times and improve safety on CityLink and the Tullamarine Freeway
- $2.3 billion in 65 next-generation high capacity trains for the metropolitan network
- $2.4 billion in its 2015-16 budget towards level crossing removal works
- $10.9 billion Metro Tunnel project will enable more trains to run in and out of the city to cater for Melbourne's growth
- $440 million Murray Basin Rail Project will upgrade Victoria's freight network. The project will increase the capacity of these vital freight lines, enabling more cost-effective delivery of exports to Victoria's ports
- West Gate Tunnel Project is Melbourne's much needed major second river crossing. The project will create 6,000 new jobs
- Urban renewal project in the Northside of Melbourne
- 11km North of Melbourne CBD
- West St retail and cafe precinct
- Gentrification – weekly family income is rising in the area currently at $2,120 per week vs a Victorian average of $1,715.
- Evidenced by nearby new cafes and restaurants opening to cater for finer tastes
- Route 527 (Bus) to Growie Railway Station – 450m
- Route 534 (Bus) to Glenroy Railway Station – 350m
Why this development?
Hadfield is going through a major gentrification. It is one of the inner north’s most significant urban renewal projects and is perfectly positioned between tranquil natural escapes, bustling retail & dining hubs and a multitude of transport options.
Gentrification is generally driven by two key factors; affordability and emerging lifestyle attractions both of which Melbourne’s inner north offers.
From boutique cafes to bustling restaurants, tranquil parklands and energising recreational activities, Hadfield offers something for every member of the family. Designed by established architecture firm, Peddle Thorp, this development features a mix of contemporary two and three bedroom townhouses that capitalise on the popularity of Melbourne’s northside.
- Display suite. NIL
- Design-driven master planned community by award-winning architects Peddle Thorpe
- Amenity rich location with nearby parklands, reserves and recreation facilities
- Exceptional value – based on neighbouring suburb average prices and proximity to CBD
- Ceiling height to living & bedrooms 2590mm
- Timeline: Completion Mid 2019
- 3 bed 2 bath one car space $610,000 - $660,000
- Int: 96 - 109sqm, Ext: 47 - 60.9sqm
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