Place Projects recently released their 5th Issue of APARTMENT - a quarterly publication that recaps the past three months of Brisbane development. Filled with industry insight and popular property and lifestyle related content, we summarise the Summer Edition 18/19.
“2018 will be remembered as a tough year for residential property in the Brisbane market; 2019 however will be filled with optimism.”
This bold opening statement is complimented with a series of predictions for the year ahead. According to Place Advisory, the rental market will continue to strengthen as vacancy rates tighten. The supply from the apartment boom is also predicted to shrink as a limited number of new apartments are expected for Brisbane in 2019.
Following on from this, a hot topic in the real estate world - the 2019 Federal Election. This article uncovers the predicted effects of a forecasted Labor win on negative gearing and capital gains tax.
What’s a possible factor that makes an investment apartment competitive in the current rental market? According to this issue of APARTMENT, extra amenities are key. From rooftop terraces to cinemas, barbecue areas to communal gardens, it’s often these facilities that draw in tenants.
You’ll also find PROJECTOR - an inner-city apartment market report showcasing the results of the quarter ending September 2018.
Here, Place Advisory provides a data-rich overview of the Brisbane market stretching from the CBD to both north and south of the river. This feature also includes the results of the rental report survey conducted by Place Advisory, for a look into the minds and behaviours of Brisbane renters.
Throughout this read, there’s some of Place Projects’ exclusive developments currently on market and value-adding topics like top new lifestyle destinations adding value to Brisbane’s landscape.
So, whether you’re a developer in Brisbane or simply interested in the apartment market, the Summer Edition of APARTMENT by Place Projects will get you up to speed on the current state of the river city’s apartment market. Worth your read, view the latest issue here.