Brisbane Market Update August 2017

By Rocket Property Group on 11\08\2017

Brisbane Market Update August 2017

The best way in predicting growth and potential for a locale is to look at its infrastructure and employment prospects. Brisbane of the past year has been subjected to much media claims of low infrastructure spend and oversupply. With access to industry news and research, we see the claims contrary to the actual dollars being spent by developers and the government. Below we take a look at some of the upcoming projects and articles that explore the developments that are set to change Brisbane.

Media articles

Urban Developer Brisbane  

'Ignore the Press: Brisbane on the Cusp of a Once-in-a-Generation Boom in Infrastructure Investment'
This article covers the interview with Brisbane-based property developer and media entrepreneur Adam Di Marco on Sky News about the city's prospects citing The Urban Developer's survey on industry sentiment.

     
 Interactive view of Brisbane  

Interactive: Brisbane's skyline to be transformed in 2022
This article from The Brisbane Times provides a detailed outlook on the upcoming projects slated for Brisbane. The article also includes interactive image slides with Before & After previews.

 

Industry Reports

Shaping SEQ Report
 

Shaping SEQ: Draft South East Queensland Regional Plan
This report from the Queensland Government's Department of Infrastructure, Local Government and Planning provides comprehensive details of their plans for improving the region.

     
 2016 Urbis Report South East Queensland
 

Urbis Report: Future of South East Queensland Housing
This report from Urbis Australia, takes a look at what it is that is driving South East Queensland's new home market. The report looks at all areas from employment through to migration. Click the heading to request a copy. 

 

Major Projects for Brisbane

Let's take a closer look at some of the major developments set to shake up Brisbane in the coming years.

Queens wharf - casino & entertainment precinct

The Queens Wharf project is set to be a world – class integrated resort development comprising of:

  • 5 new hotels
  • 50 bars and restaurants
  • 1500 seat theatre
  • Convention and exhibition spaces
  • 3 residential towers
  • Major casino
  • Estimated to create 10,000 jobs while under construction

Howard Smith  Wharves

Howard Smith Wharves is being redeveloped as a vibrant waterside destination under Brisbane’s Storey Bridge. Brisbane residents and visitors can look forward to:

  • Boutique five-star hotel
  • Exhibition space
  • Premier restaurants
  • Retail
  • Community facilities
  • Parklands

Brisbane Live Precinct – Roma Street Parklands

This $2 billion ‘Brisbane Live’ ultra-entertainment precinct aims to be an entertainment space like New York City's Madison Square Gardens or Melbourne's Federation Square featuring:

  • Transportation that will move thousands of spectators in and out of the precinct within just minutes
  • A 17,000 seat world class arena which will showcase international concerts and performances as well as world sporting events
  • A 4000-capacity nightclub
  • Multiplex cinemas
  • Restaurants and bars
  • Giant screen and amphitheater catering for around 15,000 people

other notable projects

Over these next 7 years, Brisbane will see a massive boost in its employment sector and economy with the many slated projects. The following projects below will be adding to this Brisbane boom as well:

  • The Brisbane Quarter, an $800m project to the West, will consist of an 82-storey residential tower, a 39-storey office building and the 32-storey W Brisbane Hotel.
  • Brisbane Airport's new $1.3 billion parallel runway to manage the growth of passengers in and out Brisbane
  • A $1.54 billion Brisbane Metro rapid transit system
  • A new $100 million cruise ship facility at Luggage Point

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