Brisbane is on the Infrastructure Boom
With new infrastructure projects all around Brisbane, the middle ring suburbs are set to become new property demand hot spots. In this blog, we’re going to explore which suburbs will reap the most benefits by 2025, so if you’re a property investor, keep reading!
In the next four years, Albion, Woolloongabba, Yeronga, Nundah and Clayfield along with surrounding suburbs will experience major growth. All thanks to the Cross River Rail and Brisbane Metro. These suburbs have already demonstrated great growth in the past 12 months, and with new projects taking effect around them, they will grow even further.
Precincts surrounding Boggo Road, Dutton Park and Woolloongabba stations have also been pegged for transformation alongside Yeerongpilly, Yelonga, Fairfield and year-long Ekka station in Herston. This means house prices in those areas have a great potential for major growth.
Brisbane Metro has a 21km route with 18 stations from Eight Mile Plains to Roma Street with a link to Cross River Rail. Suburbs like Moorooka, Salisbury and Rocklea are well positions in this route, making it a great opportunity for property investors to capitalise. Other honourable mentions to watch a Windsor, Wilston, Lutwyche, Wavell Heights and Virginia - all thanks to increased connectivity and infrastructure.
As you can see in the table above these suburbs have already demonstrated promising growth. With more infrastructure projects around these suburbs, they’re bound to reap the rewards in growth in the next four years.
If you’re a property investor and thinking of expanding your portfolio, it is a good idea to consider these areas. Speak to a property manager today if you have any questions.
Or if you're thinking of buying a property in these areas, it is a great opportunity to see how much you can borrow.