All you have to do is take one look at the Brisbane skyline to notice the abundance of cranes that are currently lining the horizon. There’s no denying Brisbane is currently undergoing a huge infrastructure boom. With new infrastructure comes new lifestyle hubs, new pockets of the river city with booming with excitement, and, of course, new property developments. Several large-scale projects that have been in the works for years are finally getting underway, which is expected to help our River City out of an economic slump and provide a further boost to the local apartment market.
One of the key driving factors of this infrastructure boom is the anticipated growth in Brisbane’s population. The entire state of Queensland has been a major hub for both international and interstate migration over the last few years, and this is set to continue. The population of Brisbane city itself is expected to increase by 2.95 million people by 2031. In anticipation of this boost, the Palaszczuk government has launched into gear with both transit and commercial projects currently under construction.
One of the key areas set to be transformed by Brisbane’s latest string of infrastructure projects is Woolloongabba. With the Cross River Rail project currently underway and the redevelopment of the Gabba precinct scheduled to begin within the next few years, Woolloongabba is expected to reap the benefits. The new Gabba Stadium will feature a sprawling new plaza level and parklands as well as a state of the art “media halo”.
The Cross River Rail project is set to deliver 10.2 kilometres of railway, including a 5.9-kilometre tunnel under the Brisbane River and CBD. Providing rapid new connection from the city, the journey from Woolloongabba to the new Albert Street station will take just 2 minutes as will the trip to the science, health and education precinct at Boggo Road. Construction on the project is currently underway, with completion expected for 2024.
Along with the Cross River Rail project and the revival of The Gabba, other projects set to transform Brisbane within the next 5 years include Queens Wharf, Waterfront Precinct, Brisbane Live, Herston Quarter as well as a new runway at Brisbane Airport and the development of Brisbane International Cruise Terminal.
No matter which corner of Brisbane you call home, it’s clear to see that change is coming and we couldn’t be more excited. If you’re moving to Brisbane or considering relocating in the next few years to be closer to the centre of the action, here are our picks for Brisbane’s top 5 projects that will allow you to make the most of the best new infrastructure.
As well as being located right in the middle of the Woolloongabba, Silk One brings a completely unique offering to the Brisbane apartment market. Along with quick and easy access to the city via the Cross River Rail project making Silk One perfect for commuters, it also offers box seat views into The Gabba stadium. With 169 apartments over 22 levels, the homes at Silk One offer residents access to the biggest, best, newest and most noteworthy destinations Brisbane has to offer. Many of the apartments have balconies which face directly into the Gabba, while the rooftop ‘Skystand’ allows all residents a birds-eye view directly into the Gabba. Complete with dining and BBQ areas as well as a big-screen television, this rooftop will be the hub of Silk One. Early stages of construction are currently underway at Silk One.
One-bedroom apartments at Silk One start from $378,000.
If you’re too impatient to wait and want to get started in your new lifestyle right away, look no further than Brisbane Skytower. Already completed and ready to move in now, Brisbane Skytower offers buyers brand new apartments right in the middle of the action. While most apartments are already occupied, there are a few select apartments remaining for sale. The central location on Margaret Street in Brisbane’s CBD means everything is right at your doorstep. With Skytower just 210 metres away from the future Albert Street Station (connecting the CBD to the Cross River Rail), Skytower is an ideal option for those looking to live in the middle of the city. Along North Quay, the next few years will also see the development of Queens Wharf and the Waterfront Precinct, expecting to bring Brisbane City into the big boys league.
Remaining one-bedroom apartments at Brisbane Skytower start from $749,000.
Located in South Brisbane, Atlas offers two different stages to choose from, with two separate addresses so buyers can select the spot that best suits them. Stage 1 is located on Cordelia Street and was completed in late 2018, while Stage 2, on Manning Street, was completed mid-2019. The apartments at Atlas offer a location close to everything Brisbane riverside and the CBD has to offer. While all the well-known drawcards of South Brisbane such as proximity to South Bank, the Convention Centre, QPAC remain timelessly appealing, Atlas is also located on a 10-minute ferry ride from the new Howard Smith Wharves Precinct (unanimously regarded at Brisbane’s favourite new watering hole). Regardless of what draws you to the South Brisbane area, Atlas is sure to have an apartment to suit everyone.
One-bedroom apartments at Atlas start from $395,000.
Sitting just outside the city in Bowen Hills, Panorama offers a collection of one and two-bedroom apartments with views overlooking the city. Just a mere 2 kilometres from the centre of the action in the city, The new development features 256 generously-sized apartments with open-plan living and high ceilings throughout. Panorama is just 10 minutes away fro the location of the future Brisbane Live stadium in Roma Street. Coinciding with the development of the Cross River Rail project, the $2 million Brisbane Live will feature seating for 17,000 people as well as a multiplex cinema and dining precinct.
One-bedroom apartments at Panorama start from $373,000.
Just like Silk One, South City Square is capitalising on the redevelopment of Woolloongabba with its location on Logan Road. This $600 million project will provide apartments for around 2,500 people upon completion and features commercial and retail offerings as well. With this project, the focus on lifestyle is clear as Woolloongabba offers an area that’s a hop, skip and a jump away from the city, yet retains its suburban charms. Several of the stages in South City Square are currently completed and are ready to move in now, with future stages still under development.
One-bedroom apartments at South City Square start from $399,000.