LOCATION

Why Brisbane?

Queensland’s capital has a population of just under 1.5 million people and is Australia’s fastest growing city with a lifestyle that is unmatched and that has led it to be called Australia’s “most liveable city”. It is also tipped to become the country’s second largest city in the next decade.

The PMI Residential Property Overview forecasts almost 1100 people arriving each week into Brisbane alone, drawn equally from overseas and interstate locations. Almost 45 000 dwellings will be needed annually to meet the demand. The commercial property opportunity is intrinsically linked to this surging population growth that holds Brisbane as its central focus.

Vacancies in the Brisbane CBD office market have been trending downwards since 1994, and record low vacancies of just 0.3% are leading to double digit growth in rentals.*
(*Source: Jones Lang LaSalle and Colonial First State property research).

Beyond the Brisbane hub, the economic appeal of Queensland is all encompassing. With mining, agriculture and tourism as the anchors, the surging economic growth is founded on strong fundamentals, not least of which is the growth in population that serves to increase demand in every sector and provide a solid platform for investors who look to participate in the spectacular opportunity that is Queensland today…..and tomorrow.

Koala Blue Commercial is a member of the McCarthy Group