We are slowly seeing a turnaround when it comes to Brisbane property with the market set to pick up pace over the coming months and at the forefront of this movement is riverfront real estate!

Though in the past our beloved riverfront has thrown some pretty tumultuous times our way, such as the havoc wreaked upon our city from the 1974 and 2011 floods, in the eye of the consumer – these bad times are a distant memory and the desire for riverside property is on the up and up.

Even through the ‘not so brilliant times’, the love affair Brisbane has with its city hugging, winding river is strong.  On the local calendar so many of our events are centred around the river, the cultural hub Southbank lines the foreshores of the southern side in the city and dotted all the way along the river you will find some of Australia’s most revered restaurants (with their famous chefs) serving up the finest cuisine as you sit back with your glass of Sav Blanc and watch the sunlight sparkle across our beloved waterway.

Photo: Paul Ewart. Source: SMH.com.au

Former Prime Minister Kevin Rudd and his family have purchased a riverside block in the inner East suburb of Norman Park with many other famous names securing similar riverfront properties around Brisbane.

“Demand for riverfront properties is definitely set to increase” said Hannah Schumann, Principal of HS Brisbane Property.

“To come home and look out over our beautiful river is a dream held by many but with waterfront homes selling for upwards of $3million plus and prices set to rise into the future, it’s hard for many to bring that dream into reality”, she said.

With the million dollar price tags becoming standard when you are talking riverfront houses many people are turning their eyes to units with river views instead.

“Because of the location of our CBD in proximity to the river, many of the inner city apartments we sell have stunning views down the river and buyers absolutely love it!  We regularly receive enquiries from people looking to purchase an apartment in the city and river views are on the shopping list of many purchasers – owner occupiers and investors alike” said Hannah.

With projects such as the redevelopment of the infamous ‘floating walkway’ underway, one thing is for sure - the love our city has for the Brisbane River is strong and it is likely to remain the heart of this city for many decades to come.