Developer Mark Stevens says moderating building costs make more apartment projects viable than they were, and has just lodged plans with Brisbane city council for a $1.5 billion mixed-used 380-unit project with offices and a hotel in the riverside suburb of Teneriffe.
Housing affordability such an issue, experts say apartments will be next to surge in price. ... House prices have increased at such a rapid rate that homeowners in Brisbane's most popular inner suburbs are raking in up to $50,000 a month in capital gain
Kokoda Property has made a $120 million deal with global investment firm Goldman Sachs to fund the construction of its "Chester and Ella" residential project in Newstead, Brisbane.