A new report by CBRE Research has found that the fundamentals of an economic boom in Queensland are present and that all signs show that a growth spur could be around the corner. The report finds that white-collar employment growth along with the house price differential between Brisbane and Sydney are two key variables that drive…
Construction complete at the Wellington in East Brisbane
Construction of EPV Developments’ $60 million The Wellington apartment building in East Brisbane is complete, with the development officially opening its doors to residents. The Wellington comprises 127 one and two Bedroom apartments as well as expansive recreational facilities including a roof-top pool area, barbecue garden and dining area, and ground floor retail precinct. With…
Australia’s ‘Best Entertainment Precinct’, Brisbane Live is Now Guaranteed
Brisbane will soon join the ranks of London and Los Angeles with bipartisan support for a full $2 billion arena-centred entertainment precinct now, for the most part, guaranteed. Labor announced on Sunday that Brisbane Live would be delivered by the already established Cross River Rail Development Authority in partnership with Brisbane-based AEG Ogden and would largely…
Multiplex picked for Brisbane riverfront development
Gallery House Brookfield Residential has picked Multiplex to build the Gallery House tower in the Northshore precinct of Brisbane, Australia. “It is an exiting time for Brookfield with early works now complete and construction of Gallery House commencing, coinciding with a registration of interest campaign for the next phase of the development.” said Brookfield Residential…
Sydney housing market starting to slow: will Brisbane benefit?
The Sydney housing market is starting to slow following more than five years of strong increases in dwelling values. As the Sydney market slows there could be some upside for other housing markets where capital gains have been more sustainable and rental yields are higher. Australia’s third largest city, Brisbane, has recently garnered more attention…
EPV attract professionals to East Brisbane
EPV Developments’ boutique apartment project, The Wellington, in East Brisbane has notched up $48 million in sales. The project has sold 108 apartments and only 19 remain as construction approaches completion in October this year. A total of 85% of apartments have sold in the nine storey boutique development, with 59 one bedroom and 49…