Hamish Bowman of Ray White New Farm and Damian Hackett of Place Estate Agents discuss Lord Mayor Graham Quirk’s Brisbane’s Future Blueprint planning policy.
Lord Mayor Graham Quirk’s planning policy includes ‘Brisbane’s Future Blueprint - Eight principles and 40 actions to guide our city’s next exciting chapter’.
The principles include ‘creating a city of neighbourhoods, getting people home quicker and safer with more travel options, and protecting the Brisbane backyard and our unique character'.
In the Blueprint, Lord Mayor Graham Quirk said “With 1300 people moving to Brisbane each month, we’re committed to working with the community to carefully plan for our future”.
“That means providing more housing choice and supporting a growing economy while continuing to make getting around our city quicker and safer with more travel options.”
However there have been reports of residents within a 10km radius of the CBD, concerned about over development, particularly in the form of apartments creating parking problems.
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Damian Hackett, chief executive officer of Place Estate Agents told WILLIAMS MEDIA that in general, people don’t like change.
“A lot of people feel ‘not in my backyard’. People come to areas because of what they like, but as a city grows you have to deal with it somehow.
“This is basic human nature, and it doesn’t surprise me."
Hamish Bowman of Ray White New Farm said he has heard these comments, and it is a sign of the times.
“It is a market driven dynamic whereby the market has seen an influx of units,” Mr Bowman told WILLIAMS MEDIA.
“In any growing city around the world that is like Brisbane, inner city progress needs to be made.
“Parking is an issue everywhere around the world, and logic needs to be instilled that the closer you get to the city, the harder it is to park.”
Mr Bowman said parking is more difficult than it was five to ten years ago, but people are going to the inner city suburbs for a reason.
“You want to go to cafes, restaurants, and the best gyms in area.
“Generally people make time for this.
“It’s not dissimilar to Sydney or Melbourne, and it is to be expected in most urban areas.”
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It has been reported that suburbs such as Newstead, Teneriffe, Coorparoo, Fortitude Valley, and New Farm are experiencing growing pains due to oversupply of apartments.
Mr Bowman said oversupply was always going to be the case, and most units have been built or approved in the last cycle.
“We are feeling the effects and stabilising.
“Once settled it will be an awesome experience in inner city Brisbane,” said Mr Bowman.
Mr Hackett said he doesn’t think this is the case, as people have spoken about oversupply for the last few years but it actually hasn’t occurred.
“A lot of the approvals weren’t built, and the ones built have settled.
“If you look at the amount of sites that were purchased and approvals that were put into council, in reality a lot of them haven’t proceeded.
“It is a contentious issue because I think it’s a catch 22.”
Mr Hackett said getting the balance where people are happy and there is housing affordability, mixed with international migration and demand increases is difficult.
“In the inner city it makes sense to provide infrastructure and have denser housing.”
Click here to view Brisbane's Future Blueprint.
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