Brisbane is the capital of Queensland and is home to nearly 2 million people.  The increase of population from interstate and international is due to the quality of lifestyle that can be experienced.  Brisbane has an unbeatable winter season with temperatures barely getting below 10 degrees celcius during the day and a spectacular summer with temperatures in the mid 30’s.  In addition to the seasons, Brisbane has a relaxed lifestyle and people would generally describe the way of life as “laid back”. 

But just being laid back and relaxed doesn’t mean that Brisbane doesn’t have plenty to offer its residents.  Brisbane is home to hundreds of sporting clubs over multiple codes, ranging from swimming to horse riding to rugby league or union.  The people of Brisbane are passionate about their sporting teams, the Broncos, the Reds, The Roar and the Lions to name a few.

It has the gallery of modern art, the Queensland Performing Arts Centre, the Koala Sanctuary, Planetarium, Mt Coot-tha lookout and heaps more.  Brisbanites love to get amongst the fine weather and really embrace the outdoors.  Within an hour of Brisbane there is the Australia Zoo – home to the original Crocodile Hunter, the Gold Coast, Sunshine Coast and the outback.  If you can find a quiet moment amongst everything Brisbane has to offer, then you are likely to end up at one of the festivals that happen throughout the year.  There is the Greek Festival – Paniyiri, The Valley Fesitval, The Caxton St Seafood Festival, Ambiwerra food and wine festival and many many more.  With approximately 16% of households within Brisbane speaking a language other than English at home, it isn’t hard to see that the diversity of food, culture and entertainment is second to none when compared to other cities around Australia.

When it comes to Brisbane property, the diversity and difference from suburb to suburb is in keeping with the multi-cultural society that resides throughout.  Brisbane property isn’t all Queensland style timber residences, but ranges from houses from the early to mid 1800’s to architecturally designed multi-million dollar mansions.  And property in Brisbane doesn’t just differ from northside to southside, but from suburb to suburb, so when you buy property in Brisbane, you need to know where to buy, what potential there is for the property and what the growth and future plans are for the region.  Brisbane property is some of the best value real estate throughout the country, especially when compared to the other major capitals like Sydney and Melbourne. 

Brisbane is a city that is constantly changing, updating and rejuvenating.  First home buyers are chomping at the bit to buy property in Brisbane, especially in the high capital growth areas.  So what is the potential of property in Brisbane?  This is a question that both first home buyers and those looking for property investments are consistently asking.  What is the answer, well it is quite simple.  Brisbane City Council has broken down Queensland capital into a number of smaller neighbourhood plans.  These plans outline the future growth changes that are likely to occur in the area.  If you have knowledge not only of the neighbourhood plans, but of the areas and the style of property, then you are putting yourself in good stead for when you are purchasing property in Brisbane.  But property in Brisbane isn’t as simple as that, as mentioned above, styles and types of property vary from suburb to suburb so you need to know the potential of the property.

Brisbane is a city that loves its heritage.  There are a large number of properties that are build prior to World War II that the council goes above and beyond the call to preserve.  These areas are classified as Demolition Control Precincts or Heritage Listed Properties.  This is a classification that ensures that the proud history of Brisbane is maintained and the quality of the area is maintained to reflect to the dawning of the area.  So what constitutes a pre war dwelling?  There are number of qualities that reflect and indicate a property is of this era, including high ceilings, enclosed verandahs, style of the weatherboards or chamferboards, roof pitch and many others.  This coupled with local area zoning is a very important part of investing in Brisbane property. 

Zoning is another of the very important parts of owning property in Brisbane whether you are a first home buyer or a long term multiple property investor.  Brisbane has zoning ranging from Low Density which is just a single dwelling, to high density residential, which depending on which precinct you are in, could offer a 100% GFA to a mix of residential and commercial uses.  These are the aspects of property that are very important in the Brisbane area. 

Brisbane also has excellent potential for future development.  With over ???? people moving to the state in each given year, there is a large demand on the property industry to keep up the necessary supply.  Brisbane has a large amount of property that is zoned for future development, whether it be zoned for low medium density or zoned for future urban uses, there is potential in a large number of residential areas, it is just a matter of understanding the terminology and knowing what to look for.  Going from a single house into 3, 4 or even 6 units or townhouses is common for Brisbane property development.  One of the biggest part of property development in Brisbane is understanding the town plan and looking at precedents set within the area.  If you access the application records, it is easy to see what precedent has been set with other development sites in the area and what potential there is for property development.  Whether you are a first home buyer or an investor, property development can be a bi-product of the property you purchase.  It could be that you are looking to realise it immediately or looking for that little twist to your property that puts you ahead of the rest in the future, property development is one of the major reasons people buy property investments in Brisbane. 

Brisbane property development can range from as simple an exercise as splitting your block into 2 smaller house lots, developing your site into 3 townhouses or acquiring a number of sites through options, contracts or off market purchases to allow you to create a high density site.  The end results are something that will put a smile on anyone’s face, and property development in Brisbane is an industry that has grown and will continue to grow at a rapid rate.  Brisbane is one of the only cities in Australia that is still affordable to the first home buyer and the investor whether choosing your first 1 bedroom unit or investing into a multi-level highrise unit complex. 

Brisbane has so much to offer, not just to those who were born and bred here, but to those looking to make a life for themselves or their family.  With lifestyle, food and sporting opportunities from cultures all around the world, Brisbane is the place in Australia to invest in property, invest in opportunity and invest in your future.

For a FREE initial consult with our Brisbane Property Advisors  call 1300 227 360 or Email inquiry@capital360.com.au Today