Why health-focused rental living is the next frontier for Gen Y and Z

1 month ago 16

Health and wellness have become a big deal in today’s lifestyle, and renters are on the lookout for apartments that have these features built in.

Gone are the days when finding a rental meant just a roof over your head.

With more people than ever before considering a future of long-term renting, Melbourne's rental landscape is shifting in a significant way.

For Millennials and Gen Z renters, ideal homes now mean places that boost their wellbeing, and offer a community along with a great location and affordable price.

This focus on wellbeing is driving up demand for park-side locations, and buildings with appealing facilities, driving the appeal of build-to-rent complexes that are designed specifically for the long-term renter in mind.

Designed specifically for renters, build-to-rent aims to bridge the gap between buying and renting, creating a viable option for those who can’t or choose not to own a home.

Build-to-rent residences like LIV Albert make health, wellness, and lifestyle a priority.


A build-to-rent community with wellness at its core 

As more people in Melbourne seek wellbeing-focused rentals, one new build-to-rent community is setting the standard.

LIV Albert in Brunswick is a stylish modern residence located between Clifton Park and Gilpin Park, offering up access to vibrant urban amenities but also access to over 20 hectares of parkland.

LIV, Mirvac’s build-to-rent offering, provides solutions for the pain points of moving and modern life - security of tenure, onsite property maintenance and customer service via a simple app, all white goods included in each apartment and pets are welcome.

LIV also provides the tools for people to make a house their home - flexible leases, ability to personalise the apartment by painting walls and hanging pictures.

Alison Flemming, General Manager, Portfolio Management says LIV Albert's vision is all about “creating modern, comfortable living in a vibrant community".

The apartments span from studios through to three-bedroom apartments that create little sanctuaries to come home to.

Ms Flemming says that the location next to the park is also a massive drawcard for renters so they can get outside every day to harness the benefits of nature.

"Being close to parkland supports everyday wellbeing, making it easier for residents to stay active, unwind and enjoy time outdoors," she explains.

Plus being in Brunswick there's plenty of local cafés, shops and public transport for residents to hit up, creating a totally walkable lifestyle.

Being close to parkland helps LIV Albert residents easily stay active and connect with the outdoors.


Amenity that puts living first 

At LIV Albert there are a range of shared spaces across 2400sqm, carefully curated to support wellness in a variety of ways.

Things like gyms, pools and a yoga area appeal to the health conscious, but there's also been a focus on more hobby-oriented lifestyle features too.

"The community veggie and herb gardens help residents reduce grocery costs by giving them access to fresh, seasonal produce grown right within the community,” Ms Flemming says.

Residents can enjoy a DIY workshop to tinker away – from woodworking to sewing or craft projects or even DIY bike repairs. 

There are also co-working spaces, private dining rooms, outdoor BBQ areas, a rooftop terrace and a regular schedule of community events to build connection.  

The development is also pet-friendly, making it a popular choice for residents with a furry companion. 

Ms Flemming adds that the leasing structure has also been designed to be easy and fuss-free. 

"Move-in-ready apartments come with appliances, flexible leases, furnished options and an on-site resident team, making daily life stress-free," she shares.

Features like the rooftop veggie garden showcase how next-generation rentals are designed with health in mind.


Energy efficiency that delivers real savings 

While wellbeing is important to today’s renters, sustainability is also on the radar.

LIV Albert has an all-electric design and renewable energy systems that are good for the environment but also save residents costs.

Things like energy-efficient air conditioning, induction cooktops, double-glazed windows, solar panels and rainwater harvesting all help.

Ms Flemming explains these features combined in a two-bedroom apartment can cut up to about $700* annually on energy costs, which is a huge win for residents.

She adds that the building, planned, built and managed by by Mirvac means that sustainability has been woven into the building's design without compromise.

“With more than 50 years' experience in creating homes to suit Australians at all life stages, and our inhouse design, development, construction and onsite management capability, our communities and apartments bring together everything the modern renter needs.”

The end result is modern, comfortable, quieter apartments with layouts made perfectly to suit the next generation.

Disclaimers:
*Energy savings modelled based on report prepared by Positive Zero Pty Ltd entitled “Estimate of energy savings in a typical 2-bedroom apartment with Green Star Buildings – Apartments Pathway certification” prepared for the Green Building Council of Australia and published in January 2025, with modelling updated using Mirvac internal sources to reflect average area of a 2 bedroom apartment at LIV Albert and comparing an 8 star NatHERs rating to base NCC compliance of 6 stars.
Read Entire Article