Urbis Market Outlook Docklands Nov 2021

Melbourne and its CBD has all the necessary determinants of what makes a world-renowned liveable city. These are its education, infrastructure, culture & environment, healthcare & safety, and political stability. Melbourne has held the record for seven consecutive years as World's Most Liveable City between 2010 and 2017. In 2021, Melbourne achieved a top 10 ranking, taking into account the impact of the Covid-19 global pandemic. EIU Global Liveability Index 2021 Melbourne 2010-2017 #1 EMPLOYMENT Docklands has experienced significant employment growth, with many national and international corporations relocating to new, first class headquarters in the area. Collins Street is the principal commercial office street in the CBD , running east to west past Melbourne Quarter, into Victoria Harbour, Docklands. Docklands is anticipated to see a 21% increase in jobs between 2019 and 2031. EMPLOYMENT FORECAST Source: City of Melbourne, CLUE 2019 03 04 02 KEY PROJECTS & MAJOR COMPANY HEADQUARTERS WEST GATE TUNNEL PROJECT $10b - Estimated Completion: 2023 Includes a 2.5-kilometre veloway (bike freeway) from Footscray to Docklands Express off-road route to and from city that removes six intersections for cyclists Enhanced traffic conditions and improved safety for cyclists UNIVERSITY OF MELBOURNE FISHERMENS BEND CAMPUS $1b - Estimated Completion: 2024 7-hectare campus for both students and researchers Estimated to boost Victoria’s economy by $8 billion and generate 15,000 new jobs by 2035. MARVEL STADIUM REDEVELOPMENT $500m - Estimated Completion: 2023 Upgrades to Marvel Stadium to transform it into a ‘Town Square’ style centre Include retail, leisure and recreational space to supplement its’ use for events. Estimated to boost Victoria's visitor economy and add 230 new jobs during construction THE DISTRICT DOCKLANDS $150m - Completed: 2019 190-hectare entertainment, retail, dining, office and hotel precinct Includes an 8-screen HOYTS cinema and other entertainment experiences Market Lane fresh food market with 25 specialty retailers, restaurants, bars and cafes 01 03 04 02 MELBOURNE WORLD'S MOST LIVEABLE CITY Source: State Government of Victoria, Victoria's Big Build, University of Melbourne, The District Docklands 72,700 2019 88,100 2031 497,200 2019 628,000 2031 Docklands City of Melbourne 21% Increase +15,400 jobs 26% Increase +130,800 jobs 2019-2021 TOP 10 Docklands' local amenity and daily errands are easily accessible by foot and bike. Strong public transport connections allow for easy travel around the CBD and to surrounding suburbs. Source: Walkscore.com Walk Score 97/100 01 Victoria Harbour Development Market Outlook Docklands 2