Sunday, November 11, 2012
High Hope for Bowen Hills
There is talk that Bowen Hills will be the next boom area in Brisbane. I am not sure that I agree. There is little infrastructure at present, and no sense of community or neighbourhood. It is a semi industrial area, surrounded by major roads, that is slowly being redeveloped with mostly low quality highrise apartments. See AFR. If the pricing was 30% of what developers are asking, then I may be interested, but at present, it seems way overpriced for what is in existence today. My advice is to wait, and you could be waiting some time.
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