DealCorp's Lunar at Polaris 3083 offers prime investment opportunity in Bundoora
DealCorp's Bundoora apartment development, Lunar at Polaris 3083, offers a significant prospect for investors seeking to capitalise on the ongoing development and population growth in Melbourne's inner north.
Bundoora, often called the "capital city of universities," is home to La Trobe University and RMIT University, drawing tens of thousands of local and international students and staff.
This influx, coupled with Bundoora's expected population growth to 65,000 people by 2030, underscores the high demand for housing in an area already experiencing a rental accommodation shortage.
The projected population increase, driven by nearby universities and overall urban renewal, indicates strong potential for capital growth and rental income.
The demand, combined with the area's amenities and transport links, highlights the investment potential of the completed Lunar apartments.
Situated in the heart of Polaris 3083, the Lunar apartments comprise 41 one, two, and three-bedroom units across four levels.
Designed by the award-winning Clarke Hopkins Clarke, the residences feature sustainably designed, light-filled living spaces with upmarket finishes and luxury inclusions.
The design's cantilevered sections and recesses ensure the balconies are usable year-round.
The development adjoins La Trobe University and the established Springthorpe estate, ensuring strong connectivity and accessibility in the area.
Residents also benefit from efficient public transport options, including bus, tram, and train services.
Additionally, the area's community facilities, health services, parks, and diverse range of schools make it a well-rounded residential location for all homebuyers.
Polaris 3083 has evolved into a masterplanned community with Woolworths, Dan Murphy's, and 26 other retail outlets, further providing a convenient one-stop shop for residents.
