Why Consider Brisbane as Investment Destination?

Brisbane is developing into diverse and active global city with its economy valued at $135 billion in 2013 (according to Urbis record) and with the multi billion infrastructure upgrades on the pipeline.
There are 3 important factors (“PIE”) to consider before deciding to invest in an area. They are Population Growth (P), Investment & Infrastructure (I) and Employment Opportunity (E).
Population Growth 
The Queensland Office of Economic and Statistic Research has projected the population within Brisbane Local Government Area (LGA) to increase from 1.11 million residents in 2013 to approximately 1.38 million in 2031. This strong population growth equates to population increase of more than 247,000 new residents by 2031.
Investment & Infrastructure
Brisbane is set to benefit from an extensive infrastructure spending program including projects driven by both public and private sector investment.
Queen’s wharf precinct
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     Brisbane Airport and Parallel Runway ($4.8 billion)
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Edward St upgrade

  • The CBD’s Edward St will be transformed into a luxury retail precinct in a bid to attract more big-name brands to Brisbane. Brisbane City Council will splash out more than $11 million over three years to turn the dingy streetscape into a first-class boulevard. While it already has names such as Hermes, Louis Vuitton, Zegna and Tiffany’s, it is hoped the ritzy revamp will attract even more luxury retailers.

     Health and education

  • An ageing population and advances in medical technology are increasing opportunities in the areas of health infrastructure. In 2014-15 Queensland Helath will invest $1.55 billion in capital with a number of major hospital and health facilities planned for construction in 2014-15 (Queensland Government, State Budget 2014-15).
  • With $411.7 million in education infrastructure planned for 2013-14, it is clear that government at all levels has committed to investing in education infrastructure in Brisbane and across Queensland (Source: Queensland Government, State Budget 2014-15).
     Legacy Way
  • Legacy Way is a key part of Council’s plan to tackle traffic congestion on the city’s roads and is the last link in Council’s TransApex ring-road of major infrastructure projects that now provides a system of bypasses and vital river crossings around the city centre. With the opening of Legacy Way, the TransApex projects will remove more than 120,000 vehicle movements from Brisbane’s surface roads each day.
Employment Opportunity
Employment growth has resulted in commercial office space extending beyonds of the Brisbane CBD in all directions.
  • Brisbane CBD (including Queen’s wharf). Queen’s Wharf Brisbane is anticipated to be the single largest regenerative project undertaken that will also create big employment opportunity.
  • Fortitude Valley, Bowen Hills & Newstead (corporate tenants are increasingly attracted to city fringe office space by the more affordable rent, convenient amenity and upgraded infrastructure.)
  • South Brisbane
  • Brisbane Airport
Education
Education is Brisbane’s largest export industry. Brisbane has developed into a key destination for international students with more than 75,553 enrolments recorded for 2013. Education Institutions includes University of Queensland, Queensland University of Technology, Southbank Institute of Technology, Griffith University, QUT Science and Engineering Centre, UQ Oral Health Centre, QUT QUT Creative Industries Precinct (Stage two). In the longer term international students choose to pursue careers here, while their families consider property investments. With critically limited supply on-campus accommodation in Brisbane, International student form a major demand driver for local accommodation. Inner city apartments have proven popular, given the benefit of having private bathrooms, living space and their proximity to education institutions and lifestyle nodes. 
Tourism

Brisbane has continued to established itself as a key tourist destination, approximately 992,000 international visitors arrived in Brisbane in the year of 2013, recording 6 % increase from the previous year. 

International Event

Brisbane also has rapidly grown in prominence as a destination of choice for international business events and being selected to host the G20 Leaders Summit 2014 is testament to the state-of-the-art venues and event services and The commonwealth Games 2018.

MOST IMPORTANT – AFFORDABILITY
According to Real Estate Institute of Australia data, Brisbane’s median apartment price is $112,300 more affordable than the national median of $497,200. Therefore compare to Sydney and Melbourne, Brisbane apartments is a becoming key driver increasing level of interstate migration which will result in heightened for apartments within Brisbane. Brisbane inner city apartment market currently sitting at 7 o’clock which means the market has entered its next growth phase.

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