The metropolitan heart of South East Queensland, Brisbane CBD has experience some of the most extensive growth when compared to its Australian counterparts, particularly in residential unit sales.
With new pedestrian infrastructure improving accessibility to surrounding suburbs South Bank via the Goodwill Bridge, West End via the Kurilpa Bridge and New Farm via the River Walk, residents in the CBD have more than a property, they enjoy a lifestyle.
With a median price just short of $350,000, inner Brisbane is one of Brisbane’s more affordable suburbs with a considerable amount of smaller one bedroom and studio stock.
Central Brisbane has undergone extensive redevelopment in the relatively recent past due largely to the increased demand to live in the city. The redevelopment of King George Square, Queen Street Mall and Queens Plaza has lured more people than ever into the city.
Although Brisbane’s central business hub, the area has an active community presence and is a safe, inviting area which accommodates one of Queensland’s most diverse multi cultural communities.
The thriving Chinatown with fabulous restaurants, popular nightclubs, bars and The Judith Wright Centre, it’s easy to see why young people would be attracted to the lifestyle.
Eating, drinking and shopping
At the heart of Brisbane is the CBD, full of boutiques, restaurants, cafes and nightspots. The majority of households in the city are lone person households (they make up over 50%) with just over 31% of city households being family groups. While there are some separate houses, most dwellings in the city area are units.
Urban Renewal Brisbane is a long term, $4 Billion program aimed at creating a vibrant and diverse subtropical city through innovative planning and delivery. The program forges strong partnerships with developers, community networks, local businesses and government agencies. URB also implements controls planning to provide for orderly development ensuring supply does not exceed demand and proactively creates viable investment opportunities with the business community.
Inner city Brisbane consists of significant, constantly evolving landmarks which include the City Hall, Parliament House, Old Government House and the immaculate Botanical Gardens. Recently completed, King George Square, Redacliff Place and continuing Riverside re-development have all improved the urban fabric for the area and provide outdoor sanctuaries for inner city workers and residents alike.