Brisbane's Booming Bayside

Brisbane's Booming Bayside

The seaside dream has become a highly sought reality a mere half hour drive from Brisbane's CBD.?

The chilled coastal charm of Manly and its surrounds have won over an influx of expats, interstate buyers and locals looking for a sea change while retaining the convenience of remaining close to the CBD.

Touted as the place where "Brisbane meets the bay", this tightly held precinct comprising Wynnum, Manly and Lota, has boomed according to CoreLogic by around 55% in values over the past five years.?

Manly is home to one of the southern hemisphere's largest marinas and has recently seen the addition of many sophisticated waterfront restaurants "The Boatshed" in particular gaining national notoriety.

The secret is out, and the previously quiet Brisbane bayside town is undergoing a serious redevelopment boom, with a multi million dollar foreshore makeover, luxury apartment developments and the emergence of many spectacular architectural waterfront homes.

If you'd like to experience the magic, I'd love to invite you to join us this weekend to view a spectacular piece of real estate we have launched in Lota, tightly held for more than 5 decades and boasting some of the best views in the area.?

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The Week's Top 10 Sales?

Inner city and waterfront apartments continue to remain one of the most highly sought blue chip assets. The $12m plus re-sale of an apartment in Tom Dooley's Argyle development on Maxwell Street New Farm this week, is on par with waterfront prices in Sydney's Eastern suburbs. Sold to a local buyer, the sale is yet another sign of Brisbane's strength as one of the nation's best performing capitals.??

Take a look at the full top 10 list below:

1. 9/49 Maxwell Street, New Farm $12,000,000+

2. 30 Massey St, Ascot $6,550,000

3. 40 Mackay Tce, Bardon $confidential

4. 2 Batman St, Clayfield $3,980,000

5.?81 Longman Tce, Chelmer $3,700,000

6. 11 Dagmar St, Holland Park West $3,400,000

7.?4 Refinery Pde, New Farm $2,870,000

8. 32 Ada St, Windsor $2,855,000

9. 79 Primrose St, Grange $2,775,000

10. 26 Cressey St, Wavell Heights $2,700,000

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*Top?10?Results are based on publicly available data, auction results, and data provided by agents. Data is deemed reliable at the time of publication but Christine Rudolph and Ray White New Farm neither?warrants?its accuracy or accepts any liability in relation to its use.?

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Have a great weekend,

Christine

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