There’s no doubt about it — living in the city is highly attractive. In fact, the last Census report noted Melbourne has more inner-city apartment dwellers than any other Australian region. Why? One theory, originally posed by urban economist Terry Rawnsley, is that people have a limit to how long they’ll spend travelling — whether to places of work, the shops, their friend’s house, or to attend cultural events. In the city, it’s unlikely you’ll spend more than 10-15 minutes to get from one place to the other unless visiting friends in the outer ‘burbs.
In addition to cutting down time spent in transit, the array of public transport options as well as retail and dining precincts, and the cultural vibe of Melbourne’s CBD are major drawcards for many homeowners. You can achieve an inner-city lifestyle without being in the centre of the CBD.
Proximity to the CBD
You can live on the doorstep of the CBD without the hustle and bustle. For instance, Flinders Bank sits on Spencer Street at a crossroads to the city. The curved sculpted façade by Fender Katsalidis achieves never-to-be-built-out riverfront views — an aspect you wouldn’t achieve unless you paid a premium to live in a high-rise skyscraper in the city centre.
Enjoy the scenic vistas from your luxurious apartment at night before venturing out and exploring the Crown Entertainment Complex and river promenade next door, or catching a free tram further into the CBD.
Communal open spaces
One of the luxuries of living in an apartment development built on the edge of the city is that the developer often has more opportunity to incorporate communal spaces. Mixed-use precinct Melbourne Square is a great example of this — it rises above an expansive 3,700 sqm open space filled with pocket parks, European-style piazzas and generous promenades. You can be sure you wouldn’t enjoy this level of open green space within an apartment project anywhere closer to the city centre.
Best of all, Melbourne Square places you within easy walking distance of Melbourne’s famous Arts precinct and iconic Federation Square. Your weekends can be spent catching new plays at the Malthouse or checking out exhibitions at the National Gallery of Victoria.
New neighbourhood lifestyle
On the edge of the city and still within Melbourne’s Free Tram Zone, the Docklands is continuing to transform into a vibrant neighbourhood thanks to Victoria Harbour. The residential development has been masterplanned to include a variety of amenities. From a retail and dining precinct consisting of over 130 traders and medical centres to a fitness club, community facilities and an award-winning library, your own village lifestyle on the fringe of everything Melbourne has to offer.
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