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.