Brisbane’s most sought-after development projects

Fueled by the global unrest caused by COVID-19, Queensland is continuing to draw the attention of international buyers, with developers seeing a spike in inquiries for new property from foreign investors.

Evidence from REA Group shows Hong Kong leading the charge of these residential property enquiries and purchases.


With both Brisbane and the Gold Coast remaining high on the radar of foreign investor —international searches lifting 22 per cent year-on-year.

According to REA Group Chief Economist Nerida Conisbee, the low Australian dollar coupled with record low-interest rates has caused a lot of expats to reconsider their living circumstances, and anecdotal evidence suggests that Australia (and namely Brisbane and the Gold Coast) is an attractive value proposition. Conisbee said the majority of people searching for property in Queensland were based in New Zealand, the UK, the US and Hong Kong.

It’s also no surprise that overseas buyers attracted to the Australian themes of surf, sand and sun that locations such as Surfers Paradise on the Gold Coast, and Noosa on the Sunshine Coast were the most in-demand. “Brisbane doesn’t see a lot of overseas searches—when people think of Queensland, they think of the beaches,” Conisbee said.

Gold Coast projects including Sunland Group’s soon-to-be-completed Magnoli Apartments and Spyre Group’s Natura project in Burleigh Heads have also featured in searches.

But for those wanting a more urban life, high-rise developments in the inner-city suburb of South Brisbane were also frequently searched, with Pradella Group’s under-construction Halo Residences project and R&F Property Australia’s $500 million Brisbane 1 apartment tower scoring close attention.

Here are the most-searched development projects by foreign investors across Brisbane and the Gold Coast:

  • Natura—Spyre Group, Burleigh Heads
  • Magnoli Apartments—Sunland Group, Palm Beach
  • Halo Residences—The Pradella Group, South Brisbane
  • Brisbane 1—R&F Property Australia, South Brisbane
  • Queens Wharf Residences—Destination Brisbane Consortium, Brisbane CBD

 Via The Urban Developer 

Get our enews

Design and development news that comes to you


One&Only Mandarina hotel elevates guests in treetop suites

The One&Only Mandarina hotel is situated above a string of sandy coves on the Nayarit Riviera, about an ...

Off-grid cabins are the stylish way to ‘commune with nature’

We’ve seen the rise of off-grid cabins spring up all over the world, such as Unyolked in NSW ...

Concrete modulars solidify low environmental impact

After the release of a prototype and the exhibition in La Biennale di Venezia, SUMMARY studio presents the ...

$50M revamp of iconic theatre into luxury hotel

Sydney’s heritage-listed Minerva Theatre will undergo a $50-million revamp as part of plans to transform it into a ...


Stay connected to the SPEC

Join our reader network by signing up to our weekly newsletter and receive design and development news straight to your inbox

© 2018 Universal Media Co. All Rights Reserved. Privacy Policy. Terms of Service. The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Universal Media Co.