Spyre Newsletter June 2024

Welcome to our June Edition of Spyre’s monthly update, where we share our latest Market Insights, Construction Updates and Project Releases for the month.

 

 

 

With the Financial Year at an end, let’s take a look at some of the huge milestones achieved across the last 12 months for the 23-24 Financial Year;

 

 

 

 

 

In June, the Brisbane Property market continued to exhibit strong demand driven by population growth, particularly from interstate and international migration. An influx of new residents has bolstered the need for housing options, particularly in the multi-residential space, in Brisbane’s CBD and surrounding city fringe suburbs. Queensland’s population is set to grow by over 16% by 2032, this coupled with infrastructure development, economic stability and limited housing supply, the upward pressure placed on property prices in only expected to increase.

 

Demand remains robust particularly across blue-chip suburbs. For the downsizer market, this demand for inner city living continues to grow, with a focus on close proximity to cultural hubs and dining precincts, importance of lifestyle is truly at the forefront.

 

According to ANZ, Brisbane’s property values are expected to increase by 9-10% in 2024 alone, placing Brisbane as one of the leading markets in Australia for the current calendar year. With this in mind, we look forward to launching a new Brisbane Riverfront Development in the coming months.

 

In Melbourne, albeit a slightly slower market, enquiry and buyer activity remains strong amongst buyers particularly in highly sought after locations. The last month witnessed notable increase in both buyer enquiries and property listings which ultimately signals a renewed confidence amongst investors and homeowners alike.

 

Despite the challenging construction climate, Spyre is thrilled to have all active developments now officially under construction with well-established builders. To find out more about our limited opportunities, register your interest HERE.

 

At Spyre we pride ourselves on creating spaces of enduring quality. Strong relationships with invested project partners results in far more than just a development, it creates a sense of shared ownership. We see every project as an opportunity to create something extraordinary.

 

 

This month, we are extremely excited to announce Spyre’s collaboration with Poliform for Moray House. Poliform will be manufacturing the custom designed wardrobe systems for Moray House. As one of Italy’s most respected furniture brands, incorporating decades of Italian craftsmanship with the latest technology, Poliform was the perfect fit in elevating Moray’s master robes to the next level.

 

The Spyre Design Team and Directors had an exclusive tour of the Poliform Showroom in Sydney, where they got to experience the Poliform wardrobe systems and meet with the Poliform Project Manager to discuss our custom design for Moray House.

 

 

 

"Poliform embodies elegance, timeless aesthetic, and sophisticated quality finishes, complementing Spyre’s creative direction and commitment to excellence in the construction of Moray House. 

 

Spyre's dedication to enhancing the living experience for buyers and delivering functional and luxurious solutions for all living spaces aligning seamlessly with Poliform's ethos. We are delighted to partner with Spyre to offer Poliform robe solutions as an exclusive option for purchasers at Moray House."

 

David Hartikainen
Head of Interiors for Space Furniture Group, APAC

 

 

Spyre is thrilled to announce a new riverfront address in the highly sought-after suburb of Bulimba. Continuing our dedication to prestigious locations across Australia, this unparalleled opportunity promises a lifestyle of luxury and exclusivity.

 

Nestled in a prime, unrepeatable location, this development is set to redefine riverfront living. Don't miss your chance to be part of this exceptional community.

 

For exclusive pre-release updates and to register your interest, click HERE. 

 

 

 

Apartments & Developments
24 June 2024

 

Nestled just 17 kilometres from the heart of Melbourne, the exclusive enclave of Deakin Street North and Thomas Street in Hampton is welcoming a limited collection of exquisitely designed residences, Hampton Ltd, with construction now officially commenced on site.

 

Developed by renowned Brisbane-based developer Spyre and brought to life by the exceptional craftsmanship of builder AbeWolf, this collection introduces brand-new, sophisticated apartments and townhomes for modern owner-occupiers, local families, and discerning downsizers alike.

 

Read the full article HERE.

 

 

 

Apartments & Developments
25 June 2024

 

Award-winning Brisbane-based development and construction company GRAYA has officially commenced construction at Spyre’s Arc Residences in Toowong – a boutique collection of absolute riverfront residences in Brisbane’s inner-west.

 

This offering of just 24 homes epitomises its premium riverfront location with a bespoke design and architectural finery, championed by acclaimed architecture firm bureau^proberts. Situated in a supreme vantage point, Arc also offers instant access to the best of Brisbane, positioned to enjoy the city’s vibrant lifestyle embraced by the serenity of Toowong’s heritage setting. There’s nothing quite like it.

 

 

Read the full article HERE.