PROJECT. The right product at the right
time. Designed for the core local apartment
demographics & very well priced, averaging just
under $5,000 per sqm gross.
LOCATION. Amazing perfect Walk Score; great freeway access & the adjacent Westfield Garden City is undergoing a massive expansion.
DEMOGRAPHICS. Two strong, relevant local demographic profiles when it comes to new
apartments – single & couple households. There
is a need for more new apartments in the local area.
EMPLOYMENT. Close to 60,000 people work in 15,600 businesses within a ten minute drive, plus great freeway access allows residents to easily travel further to work, if needed.
REAL ESTATE STATISTICS
REAL ESTATE STATISTICS.
Established resale market; high local median values; tight vacancy rate; with rents rising, reflecting increasing demand & very limited new supply.
Little for resale;
sales volumes increasing; so, too, are
asking rents & prices; plus the local area
Brisbane’s residential market is
in recovery & the Westfield Garden City
expansion is to be completed in the near future.
New infrastructure & improving local amenities
greatly improve the prospect of average capital gains.