As a result, quality apartments in prime positions such
as Trilogy Residences appear to be in short supply.
In fact, PRD Nationwide reports that the number of inner-city
apartments for sale dropped by 22% during the December 2004
quarter.
Moreover it anticipates supply will continue to contract
in 2005 — the growing population that wants to be in
the inner city is expected to provide strong ongoing demand
for owner-occupiers and tenants. (PRD Nationwide Property
Watch, December 2004)
The Brisbane City Council anticipates a similar growth explosion.
BCC Deputy Mayor David Hinchcliffe recently said the Brisbane
region was being asked to accommodate another 200,000 people
over the next 20 years — equating to 140,500 extra dwellings.
(The Courier Mail., February 24, 2005)
For all these reasons, a Trilogy apartment should offer
outstanding potential for long-term capital growth and rental
returns.
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