So, whilst the debate will continue around whether CBD’s are viable, on this data alone one would have to ask whether the CBD and its surrounding suburbs have lost their vitality too, given the generally on par performance in a like for like timeframe.
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Without compulsory acquisition, it is difficult to see Brisbane maximising the infrastructure expenditure, hitting the growth targets defined under the SEQRP, but more importantly creating a funky city that the world will look at and want to visit. The legacy of the Olympic Games should be a city that is far better than it was before.
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2021 continues build on the foundations that were laid in the latter half of 2020. As this growth continues, one has to wonder if much of this would have happened without the horrible nudge of a worldwide pandemic.
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Unintentional consequences from periods of crisis have been some of the most important times for discovery within the human population. Who knows what will evolve from the world pandemic as science, economics and politics are set on a path of collision.
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The apartment market has arguably been the most impacted residential sector by the Covid-19 pandemic throughout 2020. As one of the more popular and suitable forms of accommodation for young people and couples leaving home for the first time, the apartment rental market certainly suffered when many young adults boomeranged back home.
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The poor old townhouse has been much maligned in some quarters and been the focus of debates ranging from quality issues, to tenure and investment driven outcomes rather than liveability. Some suburbs have experienced significant changes to densities whilst others have been left largely unaffected.
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