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CBD Precinct - Autumn UPDATE 2021

Developments in the CBD precinct are 89% sold.

Sales volumes for the CBD precinct recorded a total of 21 unconditional new apartment sales for the December quarter. Demand was primarily for two-bedroom apartments in the $900,000-$1,200,000 and $1,500,000-$1,800,000 price brackets.

  • Mary Lane was the strongest performer within the CBD precinct, recording a total of 12 unconditional new apartment sales.
  • Most of the remaining supply is in two-bedroom configurations, accounting for 54% of all new apartment supply in the CBD precinct. One-bedroom configurations account for 22% of remaining stock, with a further 17% owing to three-bedroom configurations. The remaining is made up of four-bedroom apartments and a single penthouse in 433 Queen.
  • There are currently only 190 new apartments available for purchase throughout the CBD precinct.
  • Of all new apartment buildings in the CBD precinct, only 443 Queen is yet to complete construction. This development is due to for completion in December 2021 and is currently 78% sold.

CBD Precinct


Main Photo compliments of Nadine Roulston