A new priority development area (PDA) has been declared in Woolloongabba to support construction of the next inner-city train station for the Palaszczuk Government’s Cross River Rail project. PDAs are introduced across the state to identify land for development that offers significant economic and community benefits. Once a PDA has been declared by the State Development…
Brisbane Airport’s $1.1bn New Runway Still On Track
Australia’s largest aviation construction project, Brisbane Airport Corporation’s $1.1 billion new parallel runway, is still set for take-off later this year, despite the coronavirus-related cancellation of its official launch. BAC chief executive Gert-Jan de Graaff said that while works remained on track for completion later this year, the “difficult” decision had been made to cancel…
First-home buyers with secure jobs still real estate shopping, dominate the apartment market
In the midst of pandemic pandemonium, Australia’s apartment market could stay afloat from young buyers with a deposit and job stability, as plummeting interest rates and cheap stock spark “once-in-a-lifetime” buying conditions. Units in Brisbane’s inner-city suburbs, apartments in Sydney’s western hot spots and entry-level abodes in Melbourne’s St Kilda could particularly survive the devastating…
New Vision of Planned Indooroopilly Riverwalk
New vision has been unveiled of Brisbane City Council’s planned $58 million Indooroopilly Riverwalk project which is set to connect the Western Freeway Bikeway and the University of Queensland aiming to take cyclists onto a dedicated cycleway. The five-metre wide elevated riverwalk would include a walkway and dedicated bike lanes as well as a new…
Brisbane’s real estate sector holds steady: Herron Todd White
Brisbane’s residential real estate sector performs relatively steadily throughout its price cycle, avoiding dramatic dips, swings, peaks and fluctuations, according to the latest report from valuation firm Herron Todd White. “Long-term property owners tend to do fairly well as long as their asset selection is on the mark,” the March report found. “There is also…
8 Star NatHERS rating for Omega Apartments
Smart design features cut energy costs and reduce carbon footprint to achieve an 8 Star NatHERS rating for Omega Apartments in Brisbane’s property hotspot Bowen Hills The $77 million Omega Apartments in Bowen Hills, Brisbane, has been designed to achieve an 8-star rating under the Nationwide House Energy Rating Scheme (NatHERS) to lower residents’ energy costs and…
