South City Square

Woolloongabba, Brisbane, QLD

Property Investors

WHY INVEST IN THIS LOCATION?

  • GOOD RENTAL YIELD: 5.5% gross rental yield of Woolloongabba, low 2.8% vacancy rate. Brisbane's annual average return rate over the past 10 years is 11.9%.
  • AFFORDABILITY: Ranked most affordable inner city district for apartments in Brisbane.
  • TOP TEN CITY: Brisbane will be regarded as a top ten city in the world in the next 20 years. Brisbane's economy grows 4.5% per annum, faster than Australia as a whole. QLD's GDP annual growth rate at 2.35%.
  • HIGH INCOME SUBURB: Woolloongabba is full of high income professionals and tertiary students so it won't be affected much by property downturn periods. 
  • HIGH DEMAND FOR RENTERS: Demand for 9400 dwellings, primarily 1 and 2 bedroom dwellings. 58% of all dwellings occupied by renters. Close proximity to CBD drives housing demand with a estimated increase of 65 000 CBD workers by 2031.
  • POPULATION TO TRIPLE: Woolloongabba's population is predicted to triple by 2036. Employment is estimated to grow by 123% by 2031.

WHY INVEST IN THIS PROJECT?

  • LOCATION: South City Square is 2km away from CBD. Close to riverside cinemas, galleries, museums, and performing arts spaces of the West End and South Bank.
  • TRANSPORT: 10 mins away from CBD via bus, 15 mins away from CBD via train, 7 mins away from CBD via car. Close to Woolloongabba and Stones Corner Busway, major Buranda train station, and CLEM 7 tunnel.
  • PUBLIC SPACE: 45% of precinct dedicated to public space.
  • EDUCATION: Few minutes away from high schools and major QLD universities, especially being so close to the CBD.

first home buyers

WHY BUY THIS LOCATION?

WHY BUY THIS PROJECT?
  • PRIORITY DEVELOPMENT AREA: Woolloongabba is one of the most significant areas for urban renewal in Brisbane and will foster thousands more jobs and homes.
  • AFFORDABILITY: Ranked most affordable inner city district for apartments in Brisbane.
  • EMPLOYMENT: Major health district with many major hospitals in the area, attracting workforce in health industry.
  • EDUCATION: Many high schools and tertiary education institutions within a 5km radius boasting 109 000 students.
  • AMENITIES: Large range of new retail and commercial areas to be developed. 
  • LOCATION: South City Square is 2km away from CBD. Close to riverside cinemas, galleries, museums, and performing arts spaces of the West End and South Bank.
  • TRANSPORT: 10 mins away from CBD via bus, 15 mins away from CBD via train, 7 mins away from CBD via car. Close to Woolloongabba and Stones Corner Busway, major Buranda train station, and CLEM 7 tunnel.
  • EDUCATION: Few minutes away from high schools and major QLD universities, especially being so close to the CBD.
  • COMMUNITY: Community feel with a central square and local shopping and casual dining.