Brisbane CBD & Fringe Apartment Market – what’s changed over the past 3 years?

Research of the Brisbane CBD and Fringe Apartment Market has concluded that at present,
the prudent person would not contemplate acquiring a vacant parcel of land for residential
development in the Brisbane CBD or fringe areas. Whilst sites are still being acquired by
prudent parties for redevelopment in the medium to long term, those properties have
considerable existing improvements to provide holding income until the market is again ripe
for redevelopment.