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Category : Brisbane Suburb Profiles

New Apartments Fortitude Valley and Suburb Profile

Posted by Mark Mendel in Brisbane Suburb Profiles on 11 9th, 2011

Fortitude Valley is one of Brisbane’s highest growth suburbs due to its proximity and link between the Brisbane CBD, Brisbane’s popular northern suburbs and the affluent riverfront suburbs of Teneriffe, Newstead and New Farm.

Fortitude Valley is renowned to be the premier entertainment and lifestyle precinct of Brisbane, and now developing into a key city fringe office precinct with a critical mass of white collar employees.

Our attraction to the Fortitude Valley has never been stronger. The area is now experiencing a boom in development of new apartments and commercial offices unlike anything before. Billions of dollars are being poured into urban renewal and new highrise projects across the Bowen Hills, Fortitude Valley and Newstead areas.

Many consider buying a new apartment in Fortitude Valley. Below are 5 reasons why Fortitude Valley is becoming so popular for property investors looking to buy off the plan apartments in Fortitude Valley.

Why is this happening? A few reasons below could explain why:

1) Trend: We all know that the Valley is now a ‘trendy area’ to be in. Officially, it is Brisbane’s designated ‘entertainment district’, and Australia’s first entertainment district protected under legislation to remain this way.

2) Locality: Not only is the Brisbane CBD waterlocked by the Brisbane River, but it is one of the smallest in Australia in terms of land area. This has lead people to see the Valley as an opportunity to extend the CBD, a plan which is supported by the Brisbane City Council as a way to energise the area during the day. Already, we have seen numerous companies relocate their offices to the Valley/Newstead area. Leighton, Aecom, Arup, Energex, Watpac, Cardno, RPS, Fujitsu and many Brisbane City Council departments have recently moved into the Valley in recent years.

3) Changing Demographics: The days of owning a large house in the suburbs are numbered, as younger demographics are opting to surround themselves with nearby amenities. This as well as investment from Asian buyers are contributing to strong demand for one and two bedroom apartments, particularly in the Valley where developers have recorded strong sales.

4) Undeveloped: Given the close proximity to the CBD, the Valley could be said to be largely undeveloped. Unlike neighbouring suburbs such as Kangaroo Point and Spring Hill, apartment development has been slow to take off – until now.

5) Transport: The Valley is home to above-average public transport in Brisbane. The area has access to rail, city cat and bus services, with the high frequency City Glider being a recent addition to this. The Valley’s grid road system will also make it easier in the future to provide Light Rail transport through the area

If you are looking to buy new apartments in Fortitude Valley then check out the qualified new apartment listings on Find Investment Property.

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South Brisbane Apartments and Suburb Profile

Posted by Mark Mendel in Brisbane Suburb Profiles on 06 14th, 2011

South Brisbane is an inner city suburb of Brisbane located on the southern bank of the Brisbane River, directly connected to the central business district by the Kurilpa, Victoria and Goodwill bridges.

Modern public transport services include suburban train stations at South Brisbane and South Bank and South East Busway stations at Cultural Centre, South Bank, and Mater Hill. CityCat ferry services link South Brisbane to other riverside suburbs.

Its population is estimated at 4,800.

The South Brisbane precinct is earmarked as an urban renewal area under the South Brisbane Riverside Plan and the suburb will continue to see both residential and commercial building flourish.

The area has rapid growth over the last decade and will continue to do so as demand for inner city living continues. The Brisbane City Council has also established the River City Blueprint, to ensure the correct infrastructure and town planning is put in place to meet the demand for the inner city

The rejuvenation of the South Bank parklands, coupled with the increasing profile of neighbouring West End, is attracting an increasing number of visitors and residents to the area and is thus pushing both rents and capital growth higher.

Also located in the suburb of South Brisbane are the Mater Hospital, the State Library, and the Queensland College of TAFE and Hospitality. Schools in South Brisbane are Brisbane State High School, Somerville House and St Laurence’s College. This type of infrastructure helps create a suburb that is in demand for any type of tenant profile ensuring you are maximising your rental returns.

Furthermore, South Brisbane also represents the central hub for arts activity in Brisbane, housing the Queensland Performing Arts Centre, Maritime Museum, Queensland Art Gallery, Gallery of Modern Art, and the Queensland Museum.

There are a number of new apartments for sale in South Brisbane that are available now while some are still to come to market. One of the more successful developments of late is The Capitol Apartments in Peel Street, South Brisbane. The Capitol Apartments are located 500m from the Brisbane CBD in the heart of South Brisbane. It is a boutique development containing only 77 apartments. These 1 and 2 bedroom apartments make the perfect investment for those looking to buy a new apartment in South Brisbane.

We have available other South Brisbane apartments which we are unable to mention as it is an off market opportunity. This is also a boutique development situated only 800m from the Brisbane CBD. Estimated completions of these new apartments are in mid 2013. To find out more about these new apartments in South Brisbane which start from $367,000, please view our main website for South Brisbane Apartments.

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