Opalyn Property Group News: December 2012

Yet again the holiday season has crept up on us.  It’s been an exciting year with sales being very steady with only 1 apartment remaining. This is great news for Opalyn as we are now looking forward to our next exciting new venture in 2013. 

Judging by the recent research carried out by Urbis Outlook, the Chermside precinct just keeps getting better and better....

Key Insights:

  • Chermside’s population registered significant growth of 5.2 per cent per annum during 2011, considerably higher than the 1.3 per cent recorded in Brisbane LGA over the same period
  • Chermside has benefited from a number of large investments in infrastructure including the redevelopment and expansion of Westfield Chermside Shopping Centre and Prince Charles Hospital
  • Significant public investment has been targeted at Chermside, which has provided the suburb with a proficient road network and public transport system
  • With all of these factors it has drawn a large portion of younger residents to the area, most of which are beginning their work cycle and at this stage are not in a position to purchase a dwelling, so they prefer to form part of the rental market. By renting it still allows them to reside in suburbs in close proximity to key employment, transport and recreational nodes.

Below is a Media Release dated 23 November 2012 

New City Plan to guide Brisbane's Future Development

Lord Mayor Graham Quirk is securing Brisbane’s economic future and protecting the city’s enviable way of life through the development of a new City Plan, designed to guide development and growth over the next 20 years.

Cr Quirk said the past two decades of growth had transformed Brisbane from a regional centre into a global hub, and with the economy and population set to grow a new plan was needed to balance the effects of this growth with community needs.

Cr Quirk said the draft new City Plan was also about protecting Brisbane’s way of life and guiding future residential development. 

“Under the draft plan less than 7 per cent of Brisbane will experience significant change over the next 20 years, and major residential growth will be focused around key transport corridors,” he said. 

“Growth will be focused around major shopping centres and along major growth corridors, incorporating features identified by residents during public consultation. 

“Neighbourhood plans currently underway or previously adopted will also be rolled into the new City Plan meaning the significant input of local residents will not be lost.”

Cr Quirk said the draft plan balanced economic, social and environmental outcomes for Brisbane by expanding and refining the themes of economy, urban development, transport, protecting our identity and environment.                                                        

“The last 20 years have been very good for Brisbane and through the draft new City Plan and proactively planning for the future, we can ensure that the next 20 are even better.”

Greg Bowden

Director of Strategy

Communication & Economic Development


From the Staff at Opalyn Property Group we sincerely wish you a very Merry Christmas and a Happy and Prosperous New Year

Our office will be closed from

Friday 21st December & re-opens Monday 7th January 2013