A report by market analysts predicts that Brisbane’s growth will outstrip all other mature world cities by 2022. Already boasting a population higher than Rome, San Francisco and Paris, Brisbane’s growth is expected to outshine cities such as Hong Kong, Singapore and Austin.
(Source: “A New World of Cities” – Jones Lang LaSalle 2012)
The reasons for this are obvious. Clear blue skies. Perfect sub-tropical climate. Eminently liveable. Extremely affordable. And financially sound. In fact it has one of the enviable economies in Australia.
Little wonder then that its population is skyrocketing,
fuelled by those seeking greater employment opportunities and a lifestyle second to none – not to mention the fruits of a massive injection in infrastructure spent on transport, hospitals, retail facilities and world-class tertiary institutions.
Hence its strong appeal with local, national and offshore investors.
CAPITAL CITY COMPARISON
From a rental perspective, Brisbane has shown the highest return for investors in the June 2015 period, at an indicative 5% for gross rental yield.
More than $134.2 billion in infrastructure spending has been planned for South East Queensland by 2031,with Brisbane at the heart of its focus.
The closest eastern seaboard capital city to Asia, Brisbane is a strategic trade gateway, fuelling economic growth and encouraging cultural exchange with the Asia Pacific region.
10 reasons to invest in South Brisbane
Arts Queensland is the Trustee of Brisbane’s Cultural Precinct (the Precinct). The Precinct is the centrepiece of Queensland’s arts portfolio and occupies a prime location at Brisbane’s South Bank, adjacent to the city’s CBD. It is home to the State’s leading arts and cultural institutions:
- Queensland Art Gallery | Gallery of Modern Art (QAGOMA)
- Queensland Museum and Sciencentre
- Queensland Performing Arts Centre
- State Library of Queensland including The Edge.
This collection of co-located cultural institutions on a single site is unique in Australia and rare worldwide. Together with the South Bank Parklands, Brisbane Convention and Exhibition Centre and neighbouring institutions such as the Queensland Conservatorium, the Precinct forms a concentration of cultural, educational, retail and recreational facilities.
Locals and tourists alike are attracted to the award-winning architecture, programs, exhibitions and events, with the Precinct welcoming some 4 million visitors each year.
Source: Urbis 2015
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