Economic and Statistical Research Queensland, indicates a current imbalance between supply and demand for rental dwellings within inner Brisbane. June quarter 2012, registering a significantly lower vacancy rate than the Brisbane Surrounds and Queensland Benchmark. trend since the June 2009 quarter. This decline was subsequently driven by a lack of new dwellings entering the market, further adding to the supply and demand imbalance. region and dwelling supply remaining low, it is probable to expect that the inner Brisbane vacancy rate will remain tight in the short term a positive sign for investors. increased by 3.7% per annum over the 10 years ending 2011. This compares to the growth of the wider Brisbane local government area, which recorded a growth of 2% over the same period. (madeupoftheBowenHillsand Fortitude Valley statistical local areas)recordedapopulation growth of 7.4% per annum over the 10-year period ending 2011. Masterplan will be a core driver of capital price and rental growth, through structural uplift, in the suburb of Bowen Hills. will provide residents of Bowen Hills with an ease of access to significant employment nodes and amenities. kilometres from Queensland's largest employment node, the Brisbane CBD. Royal Brisbane and Women's Hospital, is directly adjacent to the Brisbane Showgrounds. and Economic Outlook, Queensland, Brisbane and Brisbane Showgrounds June 2013 |