Brisbane’s population growth on the rise

 

Brisbane is starting to see its population growth pick up, as expected, according to a recent article by best-selling author and blogger, Pete Wargent, published on propertyobserver.com.au.

 

According to the ABS, Brisbane’s unemployment rate is also proving to be consistently one of the lowest per capital city across Australia.

 

That is two giant thumbs up for Brisbane’s economy. Then you add into the mix, the increase in major infrastructure projects happening in and around the CBD, and it would appear that Brisbane is truly on the up and up.

 

Think big projects like the Queen’s Wharf development which has been tipped to inject 3,000 jobs during development and another 8,000 employment opportunities upon completion. With projects like this underway, it is no wonder that Brisbane’s population growth is on the rise.

  

With more jobs being created in the CBD (thanks to the likes of infrastructure projects like the Queen’s Wharf - among many others), it means more people need to move to the city to be closer to work. When you think about it, it is not surprising that the population of Brisbane is growing.

 

The best part is, we anticipate that the expected population growth and increase of jobs will have a solid impact on inner city apartment sales.

 

In fact, investors are becoming increasingly excited with the Brisbane CBD property prospects. After all, a growing population means more tenants in the marketplace and increased competition – which is only going to make for a stronger economy and a win-win for all property investors here in Brisbane.

 

Growing population. More jobs. Greater opportunities. Stronger economy. Seems the experts might be right when they say all current signs of a strong investment strategy currently point to Brisbane.

If you are looking to sell or purchase property in the Brisbane CBD, why not contact our team on 0419 782 133 to set up an appointment with one of our property specialists

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