Investor Presentaiton
MACQUARIE AUSTRALIA CONFERENCE
Reimagine Urban Life
BTR – strong leasing underway at LIV Munro
LIV Munro
54%
Residential vacancy rates (postcodes)
3.0%
2.5
Leased¹
2.3%
(opened Nov 22)
2.0
LIV Indigo
1.6%
1.5
1.4%
96%
Occupancy¹
LIV Indigo
+7.4%
Net re-leasing
spreads FYTD
1.0
95
0.5
1.0%
0.9%
0.0
Munro
(3000)
Aston
(3008)
Indigo
(2127)
Albert Fields
(3056)
Robust underlying market fundamentals support upcoming developments
Anura
(4006)
Source: SQM Research, All Dwellings, March 2023.
Brackets represent project postcodes which data represent
<1.4%
Market vacancy²
1. By apartment number, as at 31 March 2023.
2. Source: SQM Research/Macrobond March 2023. Vacancy rate (all dwellings, seasonally adjusted), Sydney, Melbourne & Brisbane.
3. Source: CoreLogic March 2023. Annual unit growth in 12-month median rent, Sydney, Melbourne & Brisbane.
4. Represents forecast value on completion, incorporating a stabilisation allowance and subject to various factors outside of Mirvac's control such as planning outcomes,
market conditions, construction cost escalation, supply chain risks, weather and other uncertainties.
Market rent growth³
>13%
~$0.7bn
Pipeline BTR assets
under construction
mirvac
LIV Munro, Melbourne
MAY 2023 | 12View entire presentation