All new Coorparoo
It's a challenge to remember what the centre of Coorparoo used to look like now - and just how dated it all really was - but here's a reminder from nearly five years ago.
Well, it is not so any more!
First there was the demolition derby of 2015.
And then the developers moved in until 2017 (the peak of the apartment construction cycle, which has now long since been and gone).
Coorparoo is really going places, and the Coorparoo Square project has been a fantastic success.
Cinemas, restaurants, coffee shops, and shopping, right in the heart of the suburb make it a very pleasant place to hang out these days.
The coffee shops are buzzing from very early in the day now.
The apartments all formed part of a great swathe of higher-density construction through the most recent cycle, but in these parts they are now all happily tenanted, and achieving very decent rental returns to boot.
And with the skyline cranes now dearly departed, vacancy rates have been steadily tightening for a couple of years to be almost back in line with long run averages, following a great spike around 2016-17.
Source: SQM
The laneways and arcade are excellent and cool (I mean literally cool, which in a Brisbane summer is a massive plus) with a respectful nod given to the old Myer stores which once stood on this site.
Overall, this is now a great place to entertain time, as well as to shop.
It's a big thumbs up for Coorparoo, one of my favourite Brisbane suburbs with A1 connectivity to the heart of the City.