3 reasons to invest in Brisbane’s West End
A fusion of cultures and a lively, eclectic village vibe give the inner-city Brisbane suburb of West End a unique charm. But there’s an x-factor which has seen demand for property in the area increase by up to 30% in the last six months alone.
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Location
West End is only 1km from the Brisbane CBD, and while it has every urban convenience, it enjoys a more laid-back vibe than the heart of the inner city.
Apart from being a stone’s throw to the city, West End is also an easy and convenient distance to some of the Australia’s most prestigious universities including The University of Queensland (UQ), Queensland University of Technology (QUT) and Griffith University.
Natural beauty abounds, as West End’s unique positioning means that residents can enjoy a combination of park, river and/or city views. Orleigh Park and Davies Park are the perfect natural vantage points and Riverside Drive provides a fantastic riverfront vista for a morning walk or run.
Council is investing in the suburb as well, with a $2.1 million upgrade to Davies Park, expected to complete by January 2020.
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Lifestyle
Described as Brisbane’s artistic and cultural enclave akin to Paris’ Latin Quarter, New York’s Greenwich village or even Sydney’s Erskineville/Newtown, West End is where you go for vintage fashion, craft beers on tap, great dining options, and a lively music and bar scene.
Brunch is an event in West End, with a plethora of amazing cafes where great coffee is a given. Some of the most popular spots include Plenty, West End Coffee House and Morning After.
On Saturdays, Brisbane locals head to West End’s iconic weekend markets in Davies Park, to stock up on organic produce, snap up a unique piece from up and coming fashion designers, or to enjoy a good coffee and a bit of live music.
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The perfect school catchment area
For young families and couples, West End has another major drawcard or ‘x-factor’. West End sits within the catchment area for the coveted Brisbane State High – the best public school in Brisbane, and the second-best Brisbane school overall, according to Better Education rankings.
Brisbane State High is the only public school ranked in Better Education’s top 10 Brisbane high schools. When you consider that the other nine private schools in the top 10 have fees of over $20,000 a year, it’s easy to see why demand for a West End address is strong – and buyers are willing to pay a premium for it.
Luke O’Kelly of Ray White – West End told News last month that buyers were willing to pay up to $100,000, or around 10% more, for a property in the Brisbane State High School catchment. While, Michael Hatzifotis of Place Estate Agents – Kangaroo Point said demand for properties in the catchment had increased by up to 30% in the past six months.
Because of its great lifestyle appeal, inner-city location and desirable catchment area, West End has a very broad appeal.
“In many ways, West End is one of the suburbs that represents the very best that Brisbane has to offer, in terms of location, with its combination of great parks, river views, lifestyle and close proximity to the CBD, and Brisbane’s best educational institutions,” said Ironfish Brisbane General Manager, Irene Liu.
“If you go to West End, you’ll find two major demographic groups. The first is the under 30s group – a lot of single professionals, who love the lifestyle – being so close to work and having an array of choice when it comes to great restaurants, cafes and bars to head to over the week or on the weekend.
“The other major group is families, who live here for access to Brisbane’s best schools and educational and cultural facilities – the QPAC library, for example, or Southbank’s museums – as well as amazing parks and the quiet, ‘riverside’ lifestyle. You’ll find a variety of luxury apartments along the river, and residents here are primarily families or retirees who want that mix of riverside living with all the great lifestyle benefits,” Ms Liu said.
Ironfish Property investment Brisbane – West End
We have a very exciting new investment opportunity coming up in West End. Take a sneak peek at some of the designs below.
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