Balancing Lifestyle and Investment in West End's Property Market and Learn about Bankside West End
As prospective homeowners and investors consider their options, it's evident that the West End property market in Brisbane stands out, particularly in the apartment sector.
While statistics are not the sole factor in making an investment decision, they often provide valuable insights. For instance, apartments in West End have exhibited a strong compound growth rate of 6.9% over the last five years. By choosing to invest off the plan in a development like Bankside West End, you benefit from current market prices and secure a long-term investment that has a strong statistical foundation for growth potential.
The market trends reveal the popularity of West End as a location to live. In the last month alone, West End has drawn interest from a staggering 2498 potential renters with as few as 151 units available. A remarkable 24.1% growth in rental prices for two-bedroom units over the past year also points to the desirability of West End as a place to live. As demand far outweighs supply, this provides a solid foundation for investment.
The outlook for West End remains strong, especially in light of the 2032 Olympics and major infrastructure works that will continue to enhance the livability of the suburb. From new theatres at QPAC to Brisbane Live at Roma Street and the proposed green bridge link to Toowong, West End desirability as a place to live will continue to grow.
Bankside West End represents a great opportunity with a promising outlook supported by strong historical growth, demand dynamics, and added lifestyle benefits.
Visit the Bankside West End sales office for floorplans, pricing and virtual reality tours.
Real Estate Australia. "Property Market Statistics for West End 4101, QLD." Accessed October 2023. https://www.realestate.com.au/qld/west-end-4101/