South Brisbane is one of the last remaining near city river front suburbs to be fully developed. The popularity of South Brisbane is evident in some significant gains in the overall residential property market. Both investors and owner-occupiers have been quick to snap up most new property which has been offered off the plan.

According to recent research undertaken by National Property Research, the median apartment price for South Brisbane increased by over 90% in the five years to 2002. Median weekly rents for two bedroom apartments within South Brisbane have recently recorded an increase of 15%.

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