According to Suzana Wade of Locate Property, having Brisbane featured on the world’s best city list by time magazine is such an amazing accomplishment for Brisbane. Those who are aware of Brisbane’s ongoing growth and development over the past ten years are not surprised by this recognition but exciting times lay ahead says Suzana.
Brisbane has recently undergone infrastructure, hospitality, and retail developments that have drawn tourists from all over the world, making it ever-popular for travelers and business people alike. The formerly semi-industrial areas, such as the James Street Precinct, have been transformed into vibrant, thriving communities that highlight Brisbane’s lovely climate and regional businesses with a restaurant scene that finally rivals anything in Sydney and Melbourne and that is before the opening of the Queens Wharf Casino project.
The upcoming Olympic and Paralympic Games in Brisbane in 2032 are anticipated to further the city’s economic growth and development and make it a more desirable travel destination for both tourists and investors.
The city has already undergone a massive change and this recognition by Time magazine is not only an acknowledgment of such but a prediction of how Brisbane is likely to further develop.
Brisbane has been on the top of investors’ shopping lists for quite a while now and although was often seen as lagging between Sydney and Melbourne, we now see Brisbane taking centre stage even more so as a result of the Time magazine recognition. The value of homes in Brisbane is likely to rise as a result of increased real estate investment as more people become aware of its appeal and rising popularity.
Not least of all, it should be noted that Brisbane being on the world’s best city list by Time magazine’s list of the most incredible places to visit in 2023 is a glaring indication of the city’s rising fame and acclaim. Given that this recognition is likely to increase demand for Brisbane real estate, now is a great time for investors and homebuyers to profit from the city’s quick growth. Brisbane’s real estate market is expected to continue to be a thriving and profitable investment opportunity for years to come because there are numerous options for buyers.
Time Magazine Source Article HERE