Kangaroo Point

Kangaroo Point has Brisbane's best front-row seat to the city. Folded into a bend of the river directly opposite the CBD, it offers skyline views from its towers and the famous sandstone cliffs along its western edge, where climbers and abseilers work the rock above the riverside boardwalk. The Story Bridge and the new pedestrian-and-cycle green bridge stitch it tightly to the city and South Bank. This is an apartment suburb, and the investment story follows: it is a capital-growth and lifestyle play, with units appreciating strongly in the recent Brisbane upcycle and yields in the 3-5% range. The caution is cyclicality and concentration in unit stock, which can swing on thin volumes. For overseas buyers it is a natural fit, the 2025 ban on established dwellings steers them into exactly the FIRB-approved new riverside apartments that define the peninsula.

Kangaroo Point in Brisbane, Queensland, Australia