Coming Soon - Brisbane
Avanti Project Marketing
Coming Soon
Brisbane
Following on from the successful sell-out of Queens Wharf Residences in Brisbane, we will be bringing new projects to market later this year.
According to The Property Tribune, Brisbane’s unit market has outperformed the national average, recording a 13% rise in 2021/22 compared to 3% nationally.
This has been caused by investors flocking back to Brisbane thanks to strong rent rises. ABS data shows that the value of investor lending in Queensland is up fourfold in two years.
The unit rental market in Brisbane has been tightened by high levels of net interstate migration, especially from younger families, and changes in household formation.
This has pushed rents by an estimated 8% for units and, in the three years to June 2025, rents for units are forecast to grow by another 19%.
“The full return of overseas migrants and continued interstate inflows will place further pressure on the rental stock whilst investor appetite remains strong,” noted QBE’s recent Australian Housing Outlook 2022-2025 report.
Additionally, the 2032 Olympics and associated infrastructure is expected to boost developer and buyer optimism. A growing apartment pipeline also suggests strong growth in the high-density sector.
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