Last month The Economist’s Intelligence Unit (EIU) released its annual Global Liveability Ranking Report for 2015 – and, this year, Brisbane made it to the list’s top 20! Once again proving that there is only bright skies on the horizon for our sunshine state. 

According to the latest Global Liveability Ranking Report, Brisbane is currently ranked 18^th when it comes to the world’s most liveable cities. That is a very steady climb on last year when the city came in at number 20. 

While Brisbane gets the tick of approval from its locals, now the secret is out thanks to reports like the recent one by the EIU. A shining reminder to local and global investors as to why they need to devote their time and energy into fast-growing cities, like Brisbane, that are on their way up.

According to Hannah Schuhmann, Principal of HS Brisbane Property, this is really exciting news for Brisbane’s real estate market because as the city goes from strength to strength so too does the demand for local property.

“Over the past 12 months we have experienced an ever-increasing demand for city living. Now, more than ever before, buyers and tenants are opting for a place that goes beyond bricks and mortar… they want convenience and an easy lifestyle where everything is only a stone’s throw away,” said Schuhmann.

“This typically leads them straight to the city and snapping up quality apartments within the Brisbane central business district (CBD).”

“It’s an exciting time for real estate here in Brisbane; the city is in a state of renewal and growth, which can only be good news for any investor,” says Hannah.

The best way to quantify whether our level of supply matches the level of demand, is to take a look at the vacancy across the different areas - this is where the Brisbane CBD truly comes out on top! 

So, while we are witnessing many new buildings being developed in and around the Brisbane CBD, the demand for rental properties still remains sought after.  This means that people investing in the city are in an even stronger position today than they were two years ago.

For more information contact Hannah Schuhmann on 0419 782 133.