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Located 1.6 kilometres from the Brisbane Central Business District (CBD), Bowen Hills is well serviced with an array of public transport options – allowing high accessibility to major employment nodes and diverse lifestyle amenities.
As well as being conveniently located amongst many leisure, recreation and entertainment offerings, Bowen Hills boasts prime locality to a number of prominent educational institutions. As a result of its location, Bowen Hills has become increasingly popular amongst Brisbane’s professional Gen Y demographic.
The Bowen Hills precinct is set to benefit from the investment surrounding large infrastructure investment within the precinct – most notably, the rejuvenation of the RNA showgrounds which will inject nearly $3 billion dollars into the precinct. With such significant investment into this master planned community, Bowen Hills will likely become one of Brisbane’s most highly desirable inner city hubs and set a new standard in urban living.
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The RNA Showgrounds will be one of Brisbane’s most significant regeneration projects. Staged over a development period of 15 years, the completed development will offer a wide range of uses including open space, retail, commercial office, and hotel accommodation.
The Royal Brisbane and Women’s Hospital is the largest tertiary referral hospital in Queensland. Encompassing 53 buildings and covering 17.7 hectares, the site employs more than 7,450 staff where over 90,000 people are admitted every year.
Located under 2km from the Brisbane CBD, Newstead Riverpark and Gasworks is a 17 hectare urban renewal precinct providing an eclectic new village style community of retail, commercial and civic space, parkland, river walkways and bicycle paths.
The Clem7 tunnel motorway links major Brisbane roads including the Pacific Motorway, Ipswich Road, Inner City Bypass and Airportlink. The Clem7 bypasses 24 existing traffic lights, saving around 15 minutes of travel time and provides an uninterrupted route across the Brisbane River
Airportlink is Australia’s largest privately funded infrastructure project and was built to relieve congestion in Brisbane’s northern suburbs and improve public transport. It now provides Richlands with increased connectivity to the Clem7 Tunnel, the Inner City Bypass, northern arterials and the International and Domestic Airports.
Bowen Hills has traditionally been focused on supplying commercial and employment demand as opposed to residential development. Significant infrastructure investment will provide a surge in the already existing employment base of nearly 300,000 within and surrounding the suburb to a forecasted level of nearly 500,000 by 2031 – growth of 66.7 per cent.
Coupled with a limited supply of residential dwellings, further organic employment growth and Bowen Hills’ proximity to major employment nodes will provide a strong catalyst for growth in the residential market.
Brisbane Apartment Insights Off-the-Market Sales
Urbis provide an independent survey and analysis on the sale of new apartments within Brisbane’s Inner City. The following results have been produced from the December 2013 Brisbane Apartment Insights report.
