If you read our Annual Market Report, you would have learned about the two key forces driving the future of Brisbane; mass infrastructure spend and mass migration, largely due to the 2032 Olympic and Paralympic games.
Brisbanes 'New World City' transformation is well and truly underway, with the likes of Queens Wharf already demonstrating how it will redefine the city for residents and visitors alike.
With substantial infrastructure investment comes a powerful combination of employment, population growth, and a boost to what is currently critically low apartment supply. These are the perfect conditions to maximise value of residential property without actually having to do anything yourself.
What projects are shaping the future of the city?
- Cross River Rail, $5.4 Billion.
- Queens Wharf Precinct, $3.6 Billion.
- Brisbane Live, $2 Billion.
- Waterfront Brisbane, $2.5 Billion.
- Victoria Park Redevelopment, $1 Billion.
- Brisbane Metro, $1.2 Billion.
- Green Bridges Program.
- Transport Infrastructure Upgrades, including Melbourne to Brisbane Rail, Second M1, Valley Metro Renewal and New Cruise Ship Terminal, $14 Billion.
These once-in-a-generation projects will completely redefine Brisbane, cementing it as one of the world’s most liveable and dynamic cities.
A quick drive around the city and you can see these projects are well underway, as we are now one year into what is Brisbane’s Golden Decade of Real Estate, as we head towards the 2032 Olympic and Paralympic Games and a whole new liveable Brisbane.
With this in mind, we have the utmost confidence in residential property investments in Brisbane now and in the future.
All signs point to Queensland leading the national market recovery through the next part of the property market cycle.
Want to know more about what's happening in the Brisbane Property Market? Download our Annual Market Report now!