South Brisbane

South Brisbane wraps around the South Bank Parklands directly opposite the CBD, and the cultural precinct defines it, GOMA, the Performing Arts Centre, the State Library, and the famous Streets Beach river lagoon all sit at its edge. The old industrial streets behind have become one of the city's densest apartment districts, laced with the bars and restaurants of Fish Lane and Grey Street. For investors, it is among Brisbane's strongest apartment markets, with unit values climbing fast in the recent upcycle and yields near the top of the inner-city range at close to 5.9%, fed by students, professionals and the cultural draw. The standing caution is supply: South Brisbane's high-rise pipeline has produced oversupply phases before. Overseas buyers are a natural fit, since the 2025 ban on established dwellings channels them into precisely this FIRB-approved new apartment stock.

South Brisbane in Brisbane, Queensland, Australia