Dubbed in Australia media headlines as the city to shine for investors in 2015, Brisbane is Kingsford’s latest foray into the western market. Standing at 60,000sqm, the newly acquired site is conveniently located in the city centre, near the art museum and hip part of town.
With an estimated 600 to 700 units available for sale, the two-building residence hopes to attract young professionals and savvy investors who will be drawn by the convenience and appeal of the location.
As an up and coming major city in Australia, property experts have predicted Brisbane to be a standout market driven by two factors: affordability (as compared to Sydney and Melbourne) and better rental yields, with higher income return for property investors.
These dynamics make Brisbane an ideal base for new investors as well as those looking to expand their investment portfolio.