Secure Yves, Mermaid Beach apartments with just a $10k deposit

As housing affordability and the property market continues to be one of the big talking points of the year, prospective buyers are still searching for ways to get their slice of the market.

With the housing market exploding in 2021, it only raised the barrier of entry for buyers, and especially first home buyers, with the homeownership rate only continuing to decline according to the 2021 census.

For many first home buyers, the price of housing isn’t actually the biggest factor, it’s getting the deposit together in the first place.

And as inflation skyrockets and interest rates continue to rise, it seems to only be getting harder.

Buyers at Hirsch & Faigen's Yves Mermaid Beach apartment development can secure an apartment with just a $10,000 deposit, with the ability to pay the rest weekly up until completion.

The $200 million Yves, comprising a collection of 145 luxury residences, offers a mix of one, two and three-bedroom designs, in addition to the premium offerings of two four-bedroom, half-floor sub-penthouses and a single full-floor penthouse.

Designed by Rothelowman, Yves will rise on 7-9 Mermaid Avenue, just metres behind the famed Hedges Avenue beachfront strip.

Construction is scheduled to start in May and completion due in 2024, prospective buyers have plenty of time to save for the remainder of their purchase.