Queen’s Wharf: Construction Kicks Off at $3.6bn Development
Ten new tower cranes will hover across Brisbane’s inner-city skyline in the next six months as Brisbane’s Queen’s Wharf development enters the construction phase. A giant tower crane was installed on the $3.6 billion Queen’s Wharf site over the weekend as the project transitions from its two-and-a-half years of demolition and excavation phase. Plans for […]
Brisbane’s apartment market forecast to rise 5.6% in 2020: Moody’s Analytics
Brisbane apartment prices are expected to perform better than houses in the medium term, according to Moody’s Analytics. They forecast the Greater Brisbane area’s apartment values to increase by 5.6% in 2020 after a 0.7% decline in 2019. Moody’s said growth in Brisbane apartment market has been crimped by high supply in recent years. […]
Restock market for buyers
A rapidly-forming downsizer market is soaking up supply of owner occupier apartments in Brisbane, according to property specialist Adrian Parsons. TOTAL Property Group managing director, Mr Parsons said Brisbane is heading for an undersupply of quality apartments, with demand being driven mostly by downsizing buyers who are not affected by bank-lending restrictions or economic uncertainty. […]
Construction Commences on Brisbane’s Newest Riverwalk
Major works to transform the river’s edge along the City Botanic Gardens are now underway as part of a Brisbane City Council plan to build Brisbane’s newest riverwalk. Deputy Mayor Krista Adams said the City Botanic Gardens Riverwalk would complete a notorious missing link between the city’s inner-north and South Bank, allowing thousands of residents […]
Lord Mayor Announces Plans for Massive New Inner Brisbane Park
Brisbane would soon be home to a fourth inner-city parkland following Lord Mayor Adrian Schrinner’s announcement to create the city’s biggest public park in about 50 years. Under plans released by the Brisbane City Council, the 26-hectare council owned Victoria Park Golf Course, which is currently used as a ‘pay and play course’ would be transformed […]
City views paint picture at Gallery House
Construction on Hamilton’s first building at Gallery House is almost complete with residents close to moving into their dream riverfront apartments. Ashgrove residents Bernadette and Martin Silec have just sold their family home in preparation for the completion of Gallery House, where they have purchased a luxury three-bedroom apartment featuring an additional multi-purpose room and podium terrace […]
Historic Move: Reserve Bank of Australia Announces interest cut to a new all time low
The RBA has cut interest rates for the first time since August 2016, please see the below Press Release sourced from Reserve Bank of Australia. At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent. The Board took this decision to support employment growth and […]
First home buyers with 5 per cent deposit will have government backing to get it up to 20 percent deposit
First home buyers will get government support to get to a 20 per cent house deposit if either the coalition or the Labor Party wins the federal election. Prime Minister Scott Morrison announced the policy at the Liberal election campaign launch in Melbourne on Sunday, which was then matched by Bill Shorten. The First Home […]
Buyer Demand for Larger Apartments Prompts Developer to Redesign Plans Prior to Construction Start
The developer of Maasra Apartments in Coorparoo has lodged building plan changes prior to construction starting, increasing the numbers of three and four-bedroom units in response to buyer demand for larger apartments. Karam Group’s decision to redesign and add more the and four-bedroom apartments at Maasra Apartments won’t mean any visible changes to the building […]
Lifestyle goals: The best new boutique developments in south-east Queensland
If variety is the spice of life, developers in south-east Queensland have added more than a pinch this month. From masterplanned masterpieces to boutique seaside abodes to luxe inner-city living, it seems everything under the sun is on offer to the discerning buyer. To the unsuspecting passer-by, Summerlin Banyo could easily appear to be a […]
Brisbane Cruise Terminal Set to Welcome One Million Passengers
Brisbane’s first cruise ship terminal is under way, with premier Annastacia Palaszczuk turning the sod on the $158 million project on Tuesday. The long-awaited terminal is scheduled to open in October 2020, with bookings already open for Brisbane’s first cruise season. Publicised as a significant economic boost for Queensland’s tourism industry, the premier said that the […]
‘Crazy house prices’ causing southerners to flee to Queensland
Queensland’s economy is getting a boost thanks to people fleeing “crazy house prices” in southern states. Deloitte Access Economics’ latest quarterly Business Outlook report argues Queensland’s economy has improved off the back of more gas exports and more tourists. “[And] the lift in people power it is getting thanks to crazy house prices sending refugees from Sydney […]