Michael Hatzifotis 0414 048 604
mhatzifotis@eplace.com.au
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CITRO
INVESTMENT
With West End and South Brisbane undergoing a revitalisation through the Brisbane City Council precinct plan, the precinct is being embraced as the perfect place for inner-city life.
Median apartment prices in West End have experienced 10.6% average growth per annum since 2000.
Renters dominate the West End apartment market with a 76% marketshare of tenure. This is a reflection of the area’s high demand for quality rental accommodation, specifically apartments.
Brisbane apartments have appreciated 6% on average over the last two decades
Number of apartment rentals have increased by 10.9% (2 beds) since 2010 (6.9% for 1 beds)
West End is one of the largest and fastest growing employment nodes located within close proximity to Brisbane CBD
New apartments in West End have experienced rental increases of 161% (2 bed) and 151% (1 bed) since 2000
The Markets Shopping Centre is located a convenient 800m away
South Bank Railway Station is a handy 1.2km away
The West End Ferry Terminal is less than 800m from your door
3 Major University Campuses (UQ, QUT, Griffith) , 1 TAFE Campus, 5 Public & Private Schools within a 2km radius of West End.
Sampled data provided shows an indicative vacancy rate of 2.2%
There are 7 Hospitals within 3km radius – 3,146 Beds, 19,000+ Staff