What’s the buzz about Moonee Ponds?

Developer Caydon has noticed a healthy mix of potential buyers showing interest in Rise, the newest addition to its premier mixed-use precinct Mason Sq in booming Moonee Ponds.

The one, two and three bedroom apartments are proving popular among families and young professionals equally, and local downsizers, in particular, have been eager to purchase. All these buyers are drawn to the positive buzz surrounding Moonee Ponds, and the superior quality of Rise homes and the low-maintenance lifestyle it offers.

In its inaugural City Pulse report, PwC named Moonee Ponds as one of the top 5 suburbs in which to live. Thanks to a combination of urban amenities, public transport, and affordable residences, the suburb is an ideal prospect for those looking to remain close to the city.

The fact that apartments in the area are holding their prices well — especially when compared with similar properties in other Victorian suburbs — bodes well for savvy investors and owner-occupiers.

Moonee Ponds is also experiencing low vacancy rates — rental properties are in high demand here thanks to the perfect combination of location and amenity. Additionally, the suburb has a 4.26% rental yield, making it a good choice for investors who want to benefit financially from their property.

All these factors add up to make Moonee Ponds a desirable location for potential buyers, and businesses are desperate to be a part of the action. Caydon has signed many of Mason Sq’s retail spaces over to premium lifestyle amenities and restaurants. With an Endota spa and Hypoxi gym on-site, as well as a Bottlemart, Woodstock Pizzeria and St Germaine Café and Bar, it’s clear the vibrancy of this neighbourhood and the influx of busy young professionals are helping to shape a perfect mix of health and lifestyle options on the doorstep.

Located just 6km from Melbourne’s CBD, Moonee Ponds has been awarded a Walk Score of 99/100. Puckle Street’s charming village is just a short stroll from Mason Sq. Here, locals can be found window shopping boutique fashion stores and searching the designer brand clothing racks, or else enjoying brunch at eateries such as 42 Café and Bar.

Home to an abundance of parklands and the Maribyrnong River, there are plenty of opportunities to connect with nature in Moonee Ponds. A short walk away, the picturesque Queens Park is a great place to hold an afternoon picnic, while the Moonee Valley Racecourse (only a little further away) holds regular events throughout the year.

Some of Melbourne’s best primary and secondary schools including St Josephs, St Monica’s, and Ascot Vale Primary lie within close proximity and the number 59 tram runs directly to Melbourne University.

The high-spec one, two and three bedroom apartments available at Rise start from as little as $384,000 for a one bedroom floorplan. The spacious interiors feature luxurious finishes and fixtures and have been carefully curated to achieve an abundance of natural light, good ventilation and plenty of room to move.

Within the building, residents have access to an array of shared amenities. From landscaped entertaining spaces to health and wellness facilities, Rise and the Mason Sq precinct have captured all the elements which are transforming Moonee Ponds into one of Melbourne’s most in-demand hot spots.

Enquire here to find out more about Rise Residences today.