Brisbane's luxury apartments are taking off, expected to be the next big thing in the housing market. Article above by Courier Mail.
Brisbane is currently buzzing with a luxury apartment boom, and if you're looking to live like royalty, now is the time to act! The internal record square metre price of $35,000 has made waves in the property market, with the demand for luxury apartments holding strong despite a decline in some parts of the broader Brisbane market. But what's causing this trend? Overseas and interstate migration due to COVID-19, of course!
The Arc Residences in Toowong are gaining attention, with a two-level penthouse selling for $13.6 million and a sub-penthouse selling for $7.25 million. The demand for luxury properties in Brisbane is increasing, and the Arc Residences are appealing to residents of the western suburbs who want to be closer to their children's schools.
Whether you're looking for a four-bedroom penthouse, a sub-penthouse, or an open plan design with wellness spa - Brisbane is the next hotspot for luxury apartment living and is anticipated to take over the housing market in the said city soon.