More than 20,000 residents will live on the doorstep of the Queen Victoria Market by 2040.
The Munro development is the exciting new addition at the Queen Victoria Market precinct.
The site is currently home to the market’s 500-space underground car park, and will soon be joined by Melbourne’s new flagship library and a line-up of hospitality businesses, building on the glorious offerings of the market – but it’s also home to 54 affordable housing dwellings.
Affordable housing seeks to meet the housing needs of those in low and moderate-income households.
In December 2021, the Munro development welcomed residents from near and far, filling spots in 48 affordable apartments that are owned and operated by Housing Choices Australia.
In May 2022, we also handed over the keys to a further six apartments to the Transport Accident Commission for clients with additional needs.
These affordable apartments have provided many with a safe and secure place to call home – in keeping with our Affordable Housing Strategy for 2020–30.
Did you know?
For every $1 invested in affordable housing, the community benefits by $3 due to worker retention, educational benefits, enhanced human capital, health cost savings, and reduced family violence and crime.
Local creative and art enthusiast Chrisentiae Saint-Piaf is one of many who was delighted to make the move into the Munro building.
Since moving to her new home, seconds from Flagstaff Gardens and a stone’s throw from the city and the clinic where she regularly donates plasma, Chrisentiae said she has experienced a significant improvement to the quality of her life.
‘It’s an affordable, safe and secure home, built with dignity in mind – far better than anywhere I’ve lived before,’ Chrisentiae said.
A cosy apartment at at the Munro development
As an active member of the local community and LGBTIQA+ groups, Chrisentiae also admires the warm and welcoming environment among the building and staff.
‘The festivity of the QVM area breathes life, fun times and community,’ she said.
Feeding into her love of literature and creativity, Chrisentiae is most looking forward to the Munro Library, set to open its doors in 2023.
The Munro site is expected to deliver an estimated $70 million of economic and community benefit to the growing City North precinct.
In the coming months, new hospitality venues including Brick Lane Brewery, ST. ALI & The Queen, and sushi outlet Moonfishh will join the Munro development too, making it an even better place to live, shop, dine and dwell.
To find out more, visit Munro development.