The Blog

2024 is already shaping up to be the year of the unit, with unaffordable house prices, high interest rates and population growth driving buyers towards cheaper properties in convenient locations. Unit prices have already grown faster than house prices so far this year, according to the latest PropTrack Home Price Index, rising 2% at the national […]

A big slice of Brisbane’s inner-city Newstead is planned for redevelopment as a $1.5-billion triple tower mixed-use development topped with 1001 build-to-rent apartments. The ambitious proposal to be known as the Newstead Collective has been filed by Brisbane-based Panettiere Developments. It is earmarked for an amalgamated 7440sq m holding fronting Longland, Stratton and Kyabra streets, […]

It’s the design paradigm shift Brisbane’s West End—one of the city’s toughest development playing fields—had to have. Or, at least, a 10,628sq m pocket of the inner-city suburb. Two residential towers—each with three concave facades wrapped in ‘green’ exoskeletons— have been given the go-ahead for a site adjoining Davies Park at 281-297 Montague Road. The […]

Property prices will soften this year after bounce back of 2023 as the factors that supported price growth evaporate. Property industry analyst and economic forecaster Oxford Economics Australia said that the market had last year recouped the losses of 2022, with Australia’s median home price hitting an estimated new record of $939,000 in December, 2023. […]

After more than two decades, the ripple effect of the James Street gentrification in and around Brisbane’s Fortitide Valley is by no means losing momentum. Instead, it is reaching new heights. A block away from the trendy strip’s restaurants, boutique shops, bars and landmark Calile Hotel, plans have been filed for a 33-storey twin tower […]

The Queensland Investment Corporation has been given the go-ahead for its landmark $750-million, 40-storey office tower in the Albert Street Cross River Rail precinct. Economic Development Queensland has approved the over-station development above the Cross River Rail project in the priority development area within the Brisbane CBD. The decision paves the way for construction of […]

During the intervening years, the meandering muddy banks of the Brisbane River have been transformed into Australia’s fastest-growing capital city. Back in 1823, with his colonial clairvoyance, John Oxley envisioned it as much. As fate would have it, in December that year, the then Surveyor-General of NSW sailed into Moreton Bay looking for a place […]

Brisbane-based developer Chapter Two has unveiled plans at Spring Hill for one of the city’s first office-to-residential conversions. Chapter Two Group bought the 1970s-era Wickham Terrace office block from a long-term owner and will put forward plans to develop five whole-floor apartments, and a two-level penthouse. The building floorplates feature spans of 300sq m of […]

Brisbane is cutting its infrastructure charges in hopes of boosting development of new homes in existing inner-city, high-density and principal and major centre zones. Speaking at the site of Brisbane Housing Company’s latest Chermside development, which will deliver 92 affordable and social homes, Lord Mayor Adrian Schrinner said it was essential to incentivise rather than […]

As far as whodunnits go, it is by no means a puzzling “Professor Plum in the library with the candlestick” kind of scenario. In fact, property industry sleuths say there is no mystery at all to the disappearance of so-called Ma and Pa investors from Australia’s residential rental markets. After doing the heavylifting for decades—supplying […]

More than 8000 purpose-built build-to-rent apartments are under construction in September 2023 as a groundswell of support rises in the sector. A further 13,000 were approved for development in the near term and Australia’s market was forecast to reach 55,000 apartments by 2030. According to Knight Frank, the build-to-rent sector is most advanced in the […]

On the doorstep of Brisbane’s CBD as well as overlooking a future Olympic venue and entertainment precinct, a development rebound is under way in historic Spring Hill. A slender 15-storey hotel tower along one of Brisbane’s oldest streets is among the latest proposals lodged for the city-fringe suburb. It would comprise 92 short-term accommodation suites […]

Plans for a slender 20-storey apartment tower close to the heart of Brisbane’s 2032 Olympic Games have been submitted to the Brisbane City Council. Spinal Life Australia, a disability services provider that owns the 3297sq m site and commercial building, has put forward the plans for the 203-apartment tower on the site fronting 109 Logan […]

The Star Brisbane’s signature luxury hotel has been revealed. Part of the $3.6-billion Queen’s Wharf Brisbane precinct, The Star Grand, Brisbane’s newest five-star hotel, will offer 340 luxury rooms across two arc-shaped towers overlooking the Brisbane River. A sports bar, Brisbane’s largest hotel ballroom and a reimagined Fat Noodle restaurant by celebrity chef Luke Nguyen […]

Brisbane City Council’s masterplan for South Brisbane’s Kurilpa precinct could change the nature of the city, according to the city’s property professionals. The Kurilpa Sustainable Growth Precinct Plan temporary local planning instrument was passed in Brisbane City Council earlier this month and could make way for buildings as tall as 90 storeys if approved by the state […]

Zero per cent vacancy across more than 1000 inner-city apartments it manages has been the cue for developer Stockwell to file plans for a build-to-rent play in its Brisbane stomping ground of West End. The proposed residential-led mixed-use development would comprise a 10-storey tower with 96 apartments as well as 1864sq m of retail and […]

Shayher Group has filed concept plans for a four-tower “urban village” on a riverfront site occupied by one of Brisbane’s oldest homes, in the Queensland capital’s inner-west. Its masterplan scheme is for a $300-million-plus residential-led mixed-use development with towers rising from 30 to 37 storeys, integrated with a subtropical public plaza. Under the plans, the […]

The Urban Developer’s latest Brisbane housing market insights reveal home prices in the Queensland capital sit 10.7 per cent below their recent peak, which is the third largest decline among capital cities. This resource, updated periodically, will collate and examine the economic levers pushing and pulling Brisbane’s housing market. Combining market research, rolling indices and […]

Queensland’s build-to-rent development race is on in earnest as the state grapples with a housing supply crisis and the need to accommodate population growth of almost a million more residents ahead of the Brisbane 2032 Olympic Games. Details of four proposed residential towers comprising more than 1000 purpose-built build-to-rent apartments have been revealed in two new development […]

Planners will run the rule over four Brisbane inner-city hotspots to assess their densification, connectivity and development opportunities. The Brisbane City Council has released its Inner City Strategy document, which deputy mayor Krista Adams says will help to shape future growth of the economic powerhouse of south-east Queensland. The target areas for precinct renewal are […]