The first of Cross River Rail’s two massive Tunnel Boring Machines has broken through a rock wall into the huge underground cavern beneath Roma Street. Transport and Main Roads Minister Mark Bailey said Cross River Rail’s future Woolloongabba and Roma Street stations, key to securing the 2032 Olympics, were now connected by a tunnel that…
Redefining apartment living
As featured in The Gold Coast Bulletin Real Estate Magazine 7 August 2021., Thursday 17 June 2021.
Concept for $67m Breakfast Creek green bridge finalised
Brisbane City Council has released the final design for its $67 million Breakfast Creek green bridge, linking Newstead to Albion in the city’s inner-east and connecting up to the Lores Bonney Riverwalk. The bridge was one of five pledged by Lord Mayor Adrian Schrinner in 2019 as part of a green bridge program to increase…
Lockdowns No Problem for Runaway House Prices
House prices are showing resilience during lockdowns across the east coast, with values going up during the month of July. Despite having the heaviest restrictions for the month, dwelling prices in Sydney increased at one of the highest rates—2 per cent—according to Corelogic. Prices went up an average 1.6 per cent in each capital city,…
‘Adelaide-Style’ Foodie Market Approved for Brisbane
Plans for a vertical village and one of Brisbane’s biggest paddock-to-plate food markets have been given the green light for construction at Lutwyche. Marketplace Developments and Craft’d Grounds co-founder James Rennell, in collaboration with developers Murray and Frank Stafford, engaged architects Conrad Gargett to design Lamington Markets at 612 Lutwyche Road. The $150-million transit-oriented development (TOD) over…
Brisbane Olympics to Push Property Market’s Limits
Brisbane house prices will hit the $1-million median well before the 2032 Olympics with suburbs near venues tipped to move up to $3.9 million. Property projections from PRD Research indicate the median price would reach $1.7 million by 2033 and would be “immensely” boosted on the Gold and Sunshine coasts. PRD chief economist Diaswati Mardiasmo…