• Walkability & Connectivity

    Situated within walking distance to the Brisbane Central Business District (CBD), and serviced by a strong public transport network, South Brisbane offers easy access to major employment nodes, prominent educational institutions and major health-care facilities.

    Significant infrastructure investment is continually transforming the region into a vibrant 24/7 lifestyle precinct and is a location that has become popular for its inner-city lifestyle.

    Art House Apartments South Brisbane Mirvac QLD Location

  • Infrastructure 

    In excess of $5bn worth of infrastructure investment planned for South Brisbane and surrounds

    South Brisbane is one of Brisbane's premier entertainment hubs and is benefitting from a significant amount of recent infrastructure investment. This is expected to increase economic growth, support population growth and drive demand for residential property within the region.

    Major infrastructure projects include:

    • Queens Wharf (pictured) | $3bn | under construction
    • Mater Private and Pubic Hospitals | 500 plus beds | complete
    • Queensland Maritime Museum Redevelopment | $100m | proposal
    • Howard Smith Wharves | $100m + | to begin 2017
    • South Bank Restaurant Precinct | $100m | complete
    • Go Between Bridge | $338m | complete
    • Lady Cilento Children's Hospital | $1.2bn | complete
    • South Bank Transit Site Redevelopment | $250m | under construction

     



  • Employment

    The South Brisbane catchment is one of Inner Brisbane's fastest growing employment centres and is predicted to increase by nearly 45,000 new jobs by 2041, equating to a projected growth of 3.0% per annum.


  • Residential Analysis

    New apartments within the South Brisbane Catchment have recorded price growth of 12.9% over four years.

    The South Brisbane Catchment (comprised of South Brisbane and West End) has historically recorded strong price growth with the general apartment median sale price increasing 5.7 per cent per annum over the last 20-years. This out-performs the wider Brisbane LGA benchmark of 5.5 per cent per annum over the same period.

    At the December 2016 quarter the South Brisbane Catchment recorded a median apartment price of $480,000, representing a premium of $40,000 over the Brisbane LGA median apartment price.


  • Rental Analysis

    Apartments in the South Brisbane Catchment have achieved rental premiums of between 11% and 19% of the Brisbane LGA.

    The South Brisbane Catchment contains a strong rental market which can be attributed to its close proximity to the Brisbane CBD, cultural and lifestyle amenity, and connectivity to large local employment nodes. These characteristics appeal to the area’s demographics which include a high percentage of young professionals/managers and a large percentage of Gen Y residents aged between 20 and 34. Young professionals within this age bracket typically prefer lifestyle and amenity living and have a higher than average income.


  • Disclaimer: Information contained on this webpage has been sourced from the Urbis Market Outlook South Brisbane Report (PER0305/B) prepared exclusively for Mirvac QLD Pty Ltd by Urbis. The information was compiled in May 2017.  A full copy of the report is available by contacting the Art House sales office on 07 3859 5957.

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