Brisbane is a popular choice for investors and residential buyers alike. It has emerged as a vibrant economic and cultural hub, and is only increasing in popularity. The State Government envisages a Brisbane that is celebrated for its unique culture and economic success. If all goes to plan, the Brisbane of 2032 will be a hub of urban money.
Some suburbs are predicted to take off in the next year, establishing themselves as property hotspots.
Late in 2015, the Queensland State Government came to a contractual close with the Destination Brisbane Consortium, paving the way for a $3 billion redevelopment of Queen’s Wharf in Brisbane’s CBD.
The casino and hotel megaplex aims to increase tourism, revolutionize nightlife and provide public infrastructure and space. The project includes developing a pedestrian bridge between the hotel and South Bank, as well as two luxury hotels, one 5star and one 6star. Residential buildings and a restaurant precinct are to feature as well.
Some consider the Queen’s Wharf project to be a signal for the revitalization of the CBD. Already an attractive suburb for investment, it seems that Brisbane CBD will only grow in popularity.
Upper Mount Gravatt
Upper Mount Gravatt is an important suburb for Brisbane south. It features important infrastructure like Logan Road and the South East Busway, which provides a direct route to the CBD. The suburb also boasts Westfield Garden City, the area’s largest shopping centre and is in close proximity to a variety of schools and sporting complexes. The median house price has increased by over 20% in the last five years alone.
The trendy suburb of West End is praised for its quirky cultural scene. It features many chic cafes, restaurants, and grocery stores and is in close proximity to UQ, QUT, and Griffith University making it a haven for students and young professionals. Legislative changes have allowed for large new developments in the area, which are predicted to become immensely popular.
Are you thinking of buying a residential or investment property in Brisbane?
Urban Home Loans is here to help. We are committed to providing you with fast, low interest home loans that suit your individual circumstances, whatever they may be.
Brisbane is in a period of transition, attempting to change from quaint Australian city to global mega-center. It aims to become a new world city that is a hub of finance, entertainment and tourism.
Urban Home Loans can help you take advantage of new opportunities. Our expert team can help you reach your financial goals by finding you a home loan that suits your personal investment needs. For the best Brisbane City broker, consult an Urban Home Loans professional.
Call us on 3841 3841 or schedule an appointment to the right.