Bankside West End - An Encouraging Investment in Brisbane's Flourishing Property Market
Artist’s Impression
The Future of Brisbane Real Estate
The Brisbane real estate market has shown robust performance for apartments, even outpacing houses during the market downturn. With housing affordability at a critical point, many investors and homebuyers are turning their attention to apartments, making them a promising investment.
Factors such as the ramping up of immigration and the upcoming Brisbane Olympics are significantly driving demand. The median unit price in Brisbane has risen by 1.1% in May, with a 2.2% increase over the last quarter. Year-on-year, Brisbane units have seen a 1.4% increase in value, pushing the median price above $500,000.
Despite slowing growth in other parts of Australia, Brisbane's housing market has remained strong. The city, renowned for its unique lifestyle and economic benefits, attracted significant attention during the 2020-21 boom. This upward trajectory is set to continue, with Queensland's population predicted to grow by over 16% by 2032, the year Brisbane hosts the Olympics.
West End - An Oasis in the Heart of Brisbane
Situated just 3km from the CBD, West End is a vibrant, riverside suburb that provides seamless connections to culture, dining, and commerce. A stone's throw away from South Bank and the Cultural Precinct, with easy access to main roads leading to the Brisbane airports and the Sunshine and Gold Coasts.
West End boasts ample open space along the Brisbane River, contributing to the visual appeal and well-being of residents. Local amenities include Riverside Drive and Davies Park, within a 10-minute walk, offering outdoor fitness stations, picnic areas, and playgrounds. A short two-minute stroll will lead you to the Riverside Drive Pontoon, the launch pad for kayakers, canoeists, and stand-up paddleboarders.
For retail needs, Woolworths and Aldi are a mere 5-minute walk away. Families will be pleased to know that Bankside lies within the catchment area of West End State School and Brisbane State High School.
The suburb has shown a steady growth of 1.7% with a rental yield of 4.9% making it an attractive investment option.
Investment Potential with Stockwell Living
Managed by Stockwell Living, Bankside West End has the potential to be a fruitful investment. With Stockwell Living experiencing a current rental vacancy rate of 0% across the West End portfolio comprising of similar developments, it demonstrates the high demand for these apartments. Notably, two recent resales in West End by Stockwell Living have shown capital gains of 21% for a two-bedroom apartment and a remarkable 48% for a three-bedroom apartment.
Bankside West End - Your Future Home
Bankside West End offers 78 stylish two and three-bedroom apartments, terrace apartments, and spacious four-bedroom pavilions spread across eight levels. These contemporary homes provide stunning views of the city skyline, Mt. Coot-tha, river glimpses, or sights over West End’s leafy neighbourhood, depending on your apartment choice.
Each residence at Bankside has been meticulously designed to maximise liveability, offering a choice of internal colour schemes for personalisation, functional kitchens with stone island benches, spacious balconies or outdoor terraces, and secure video and voice intercom systems. The master bedrooms come with walk-in or walk-through robes.
On top of this, residents can enjoy the rooftop amenities, including a pool, sun deck, gardens, and an open-air barbecue and dining area, making Bankside a true inner-city escape.
For more information on what properties are available, visit the Bankside display at 399 Montague Road West End. Open daily 10am to 4pm.