Why here
Why buyers are looking at English Street.
An approved, gazetted precinct at Donnybrook in Melbourne's north, with homes now building around the English Street arterial between Donnybrook Road and the Merri Creek corridor.
First home buyers
- Entry level pricing compared with established suburbs closer to the city.
- New builds can attract State and Federal first home buyer support, which changes over time.
- House and land structures often mean a smaller upfront outlay while the home is built.
Investors
- Modelled gross yield of 3.69% and modelled annual growth of 9.2%, both estimates only.
- Depreciation benefits on new builds, and low maintenance in the early years.
- A rental pool supported by population growth across the Whittlesea corridor.
Families and upgraders
- School sites reserved inside the precinct, with established schools nearby now.
- Larger lots and family floorplans available in selected releases.
- Open space along the Merri Creek corridor and new local parks as stages complete.
General information only. It does not take into account your objectives, financial situation or needs. Confirm current grants, stamp duty concessions and eligibility with the State Revenue Office and seek your own professional advice.
