Raise Projects is set to launch a new six-storey apartment building called Bloom on Wesley to the Brisbane property market. The goal is to offer buyers oversized apartments with elevated city views. Positioned in Brisbane’s city-fringe suburb of Lutwyche, Bloom on Wesley incorporates 36 two-bedroom plus study, three-bedroom plus study and three-bedroom plus multi-purpose room apartments…
Big wins forecast for Queensland
A massive jump in house prices is forecast for Brisbane over the coming three years, almost double the nearest Australian state capital, with major Queensland cities close behind. Latest analysis by BIS Oxford Economics has forecast a massive 20 per cent growth in house prices in Brisbane, with demand driven by its relative affordability compared…
Why Brisbane and Queensland is leading Australia’s property recovery
Brisbane is the only capital city to report positive property price growth in the June quarter, with the upswing also extending to parts of regional Queensland. The Australian Property Market Report July 2019 by realestate.com.au has revealed that Brisbane is “leading Australia’s recovery”, having weathered the downturn “very well” with prices only falling by 1…
Apartment Developers Urged to Restock Now for Next Wave of Downsizers
Opportunities are ripe for developers in the residential sector, says property specialist Adrian Parsons, who is seeing a rapidly-forming downsizer market soak up supply of quality owner-occupier apartments in Brisbane. TOTAL Property Group Managing Director Mr Parsons says Brisbane is heading for an undersupply of quality apartments, with demand being driven mostly by downsizing buyers…
Blooming lovely lifestyle
A six-storey development in one of Brisbane’s northern suburbs is offering buyers large oversized apartments with elevated city views. Boutique apartment builder developer Raise Projects’ latest development Bloom on Wesley is in the city-fringe of Lutwyche. Bloom on Wesley incorporates 36 spacious two-bedroom plus study, three-bedroom plus study and three-bedroom plus multi-purpose room apartments with resort-style amenities…
Tenant Demand for Brisbane Apartments Strengthens
Brisbane’s apartment vacancy rate fell to just 1.6 per cent in March, driven lower by a slowing decline in supply and continued population growth. Brisbane’s vacancy rate tightened by 0.6 per cent from the previous quarter according to a new report by property consultants Urbis. Comparatively, the Real Estate Institute of Queensland (REIQ) recorded a…
