Brisbane real estate: Resilient but ‘significant’ price growth ahead
Brisbane has beaten its two biggest rivals to record house price growth at a time when the nation’s housing market was in the doldrums. The latest Real Estate Institute of Queensland Market Monitor, released today, shows the annual median house price for the Brisbane local government area rose 0.7% in the 12 months to June […]
Construction start on Maasra
Demolition works have begun on a 4,000 sqm site in Brisbane’s city-fringe suburb of Coorparoo that will make way for the $101 million Maasra Apartments development. Designed by HAL Architects, the high end, mixed use residential building is being developed by Karam Group and will have 102 apartments across eight floors, retail and a restaurant […]
5 deposit hacks to help first home buyers save
Saving up the deposit for your first home can sometimes seem like an insurmountable challenge. But like most mountainous climbs, if you have done your research, know how to get there, understand what it takes to get there and know where the top is, you will reach the summit. Whether you are saving as a […]
Magnolia Residences, Summerlin Banyo – Construction Update – September 2019
September 2019 We are pleased to announce another great month of activity on site: • The roof was successfully installed allowing internal works to be accelerated. • Externally, rendering has been completed to the rear of the building and external painting has commenced. • Internally, tiling has commenced, and joinery is beginning to be installed […]
Sport & Recreation Precinct – Elliott Road, Nudgee
Brisbane City Council have announced the upgrade of the existing Recreation Reserve, located at 290 Elliott Road, Nudgee (opposite Nudgee Train Station). A concept plan has been developed by Brisbane City Council for revitalisation and rejuvenation of a former sporting precinct in North Brisbane. The project will include sporting grounds, dog park and provide recreational […]
Brisbane is more likely to see a boom, writes Terry Ryder, than Sydney or Melbourne
Real estate is buzzing with questions about the so-called recovery in property markets. Is it real? Does it have legs? Is it a dead cat bounce? Before providing answers, we need to understand the questions, some of which show a chronic lack of understanding about real estate markets. The questions assume that what’s happening […]
Experts rate Brisbane best capital city to invest $500k in property
BRISBANE has beaten Sydney to be voted the darling of property investment in Australia by a host of industry experts. Nearly a third of those surveyed by comparison site, Finder, nominated the Queensland capital as the best city to invest $500,000 in property. The latest Finder RBA Cash Rate Survey found Melbourne shared the top […]
$250m property development gets green light from Brisbane City Council
Brisbane’s future commercial property supply has been given boost after the council approved the development application for a $250 million project due to start construction in mid-2020. Consolidated Properties Group says the 15-level office tower will be the first large scale A-grade commercial building planned for the James Street precinct of Fortitude Valley. 895 Ann Street will deliver 23,222sqm […]
Brisbane’s biggest new park! Design Firms Share Concepts
More than 1000 Brisbane residents have shared their ideas for Brisbane’s biggest new park in 50 years, including some of our city’s prominent architects and designers. Lord Mayor Adrian Schrinner said design experts had developed five creative concepts that would inspire even more ideas from residents. “Planning for the creation of Brisbane’s biggest new park […]
Cromwell Seals 400 George in $524m Deal
Real estate investor Cromwell Property Group has snapped up a 35-level tower in Brisbane’s North Quarter precinct in a $525 million play, and follows a string of major asset transactions in the capital city. The $524.75 million purchase of 400 George Street, comes as Brisbane’s commercial property market continues to improve with vacancy dropping to […]
Mirvac Continues Office Push with Brisbane’s ‘Healthiest’ Tower
Listed developer Mirvac has broken ground on its $836 million 80 Ann Street Brisbane CBD tower, promoting it as Brisbane’s “healthiest” commercial building. Mirvac’s continued push into the office sector has now made it Australia’s second-largest office manager, with $15 billion of assets under management. Mirvac’s pipeline of commercial developments, including 477 Collins Street in Melbourne […]
Final Neville Bonner Bridge Design Unveiled
The contract to build Brisbane’s new inner-city Neville Bonner Bridge pedestrian bridge from Queen’s Wharf to South Brisbane will soon be released, Tourism Industry Development Minister Kate Jones has announced. Ms Jones said around 100 labourers, engineers, designers and other workers will work on the bridge – named in honour of Australia’s first Indigenous parliamentarian. […]