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Brisbane’s Bowen Hills a Top Property Performer

Queensland has more than bounced back from the 2010/2011 floods, with Brisbane set for a period of intense urban renewal and development. Over the coming years, the Sunshine State’s capital city will see a series of major projects ranging from infrastructure to commercial and residential development. These projects will provide attractive opportunities for property investment, particularly in ‘up-and-coming’ suburbs such as Bowen Hills.

A Quick Look at Brisbane’s Unit Market

Brisbane’s unit property market is robust, with a strong spring season projected for apartments.

  • 15 per cent rise in preliminary sales;
  • Median apartment sale prices in the inner city increased by 1.3 per cent in the year to June 2011; and
  • Around 1,400 transactions on new apartments in inner Brisbane in the March 2011 quarter.

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