New urban hub underway

Written on the 17 April 2009

 

WOOLLOONGABBA is tipped as the next urban hub to rival New Farm and South Brisbane in the future.
Colliers International residential research director Jonathan Rivera says out of any other suburb in Brisbane Woolloongabba will lead the charge, as the epicentre of inner city residential living over the next 10 years.
“It’s the forgotten area of the inner ring and I expect it will become a hot spot for a new generation of multi-use developments,” says Rivera.
“Despite the doom and gloom in the property market — its one suburb that will shine.”
The real estate agent’s Property Market Overview recorded a median unit price jump for the suburb of 16.6 per cent over the past year and Rivera believes there’s still a long way to go.
“The vision for Woolloongabba is to become a higher density mixed-use community, focusing on pedestrian and public space enhancements,” he says.
“The suburb has recently come under the spotlight of the Urban Land Development Authority – the same Council led team responsible for the rejuvenation of some of Brisbane’s most popular inner city locations, including New Farm, Fortitude Valley and West End.”
Colliers point to major infrastructure developments in the area that will help its transformation, such as the North South Bypass Tunnel, the Eastern Busway, the Boggo Road Urban Village and the Mater Hospital’s Translation Research Institute & Queensland Children’s Hospital.
 

Latest News

KOPLOVITZ GIVES SPRINGBOARD TO AGILE ENTREPRENEURS

FOR Kay Koplovitz, the key to being a successful entrepreneur is an agile mind - one that is always learning and q...

VITA GROUP SHARES SURGE UPON RESULTS

VITA Group (ASX: VTG), the Brisbane telco retailer tied up with Telstra (ASX: TLS), saw its share price surge 12 p...

SONAND TURNS THE TIDE AT SURFSTITCH

SURFSTITCH (ASX:SRF) has reduced its losses in the first half of FY17 as new CEO Mike Sonand executed his turnaround ...

EUREKA IMPROVES WHILE MANAGEMENT REMAINS UNIMPRESSED

EUREKA Group has collected the gains on its 'buy and build' strategy to achieve a net profit of $6.29 mill...

Related News

KOPLOVITZ GIVES SPRINGBOARD TO AGILE ENTREPRENEURS

FOR Kay Koplovitz, the key to being a successful entrepreneur is an agile mind - one that is always learning and q...

FASHION RETAILER'S TAKEOVER IN DOUBT AS PROFIT CLIMBS

IN the thick of takeover talks, Specialty Fashion Group (ASX: SFH) worked hard to cut costs and see its bottom lin...

HOW TO TAKE CONTROL OF YOUR CAREER THROUGH TRAINING

GIG economy, remote working, and freelance Friday are more than just buzz terms; our workforce is changing, and so...

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter