Brisbane turns up the heat for investors
We might be smack bang in the middle of winter at the moment, but do not let that fool you as the city of Brisbane is on the cusp of some of the hottest infrastructure projects this side of the equator, and sparking a strong interest with investors far and wide in the meanwhile.
Let us take a look at six of Brisbane’s biggest development projects currently in the pipeline:
- Queen’s Wharf ($3 million)
- Roma Street Entertainment Centre ($2 billion)
- Howard Smith Wharf ($100 million)
- New Airport Runway and Hotels ($1.35 billion)
- M1 Upgrade ($168 million +)
- Cross River Rail ($5.45 billion)
From better rail and motorways to an increase in local tourism; each one of these major projects promises to keep Brisbane on its toes over the coming years. While providing additional employment opportunities during the building and construction stages, it is the long-term growth that will truly see Brisbane’s economy flourish – especially when it comes to property!
As expected, each development comes with its own list of benefits to the Brisbane CBD, therefore, over the coming months, we will be bringing you a series of articles that takes an in-depth look into each of these projects - highlighting the advantages that each brings to Brisbane and its investors.
But wait… that is not all! This week the RBA announced a further cut to the official cash rate; making it now 1.5 per cent – the lowest in history! While experts were predicting the cut (including us) it is still great news that it is finally here as it is expected to provide additional stimulus for the economy. Plus, it may give the property market a boost while Australians take advantage of the (yet again) record low interest rates and competitive offers available on the market.
While these all-new low interest rates offer a positive opportunity for Australians right now, when it comes to long-term opportunities, Brisbane clearly has a bright future ahead; definitely setting the pace for the rest of the country and proving that it is an Australian city that needs to be on every investors’ radar over the coming years.
If you are looking for experts in the Brisbane property market, look no further. When it comes to sourcing the right investment property, the team at HSBP are here for you. To find out more about current, and future, investment opportunities here in Brisbane, contact us on 0419 782 133.