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…
The time to buy a Brisbane apartment is now
A new report has found Brisbane’s new apartment supply is shrinking fast. Image: AAP/Darren England. The time to buy an apartment in Brisbane is now, according to a leading property analyst. Nearly two thirds of apartment projects planned for the city have been ditched or deferred as it heads towards an undersupply of stock that…
Revealed: The biggest apartment sales of 2018 in Qld
A penthouse in the Towers of Chevron Renaissance at 3250/23 Ferny Ave, Surfers Paradise, sold for $9.5m. They are bigger than your average house, come with killer views and are fast becoming the new way of life for well-heeled home buyers. Queensland’s biggest apartment sales of 2018 have been revealed, with the state’s most luxurious…
What buyers want: New apartments trump houses
Jorge and Alejandra Palacios Eight in 10 home hunters would consider buying a new apartment over a house and land package, new research reveals. Despite recent oversupply fears and the risks of buying units off-the-plan, a realestate.com.au survey of buyers’ intentions has found 80 per cent are thinking about purchasing an apartment OTP — and…
Gallery House attracts new buyers
Gallery House. Six luxury apartments worth more than $5 million were purchased in just two days at Brookfield Residential Properties’ dual-tower Brisbane riverfront development Gallery House. The under construction Hamilton development saw its highest number of weekend sales since launch over the October weekend. The apartments sold for an average of almost $850,000, adding to…
Downsizers getting more bang for their buck with Brisbane’s prestige apartments
Downsizers are flocking to inner Brisbane to swap their high-maintenance homes for luxury apartments and property pundits say there has never been a better time to buy one. THE golden generation of retirees has created a new housing market in Brisbane —downsizers who want anything but the simple life. With time on their side and…
