Opportunity: Kangaroo Point

Kangaroo Point is home to iconic landmarks, expansive river views and opportunities to get active and adventurous.

Central and accessible

  • Less than one kilometre from Brisbane’s Central Business District (CBD)
  • Story Bridge provides vehicular and pedestrian access to Fortitude Valley
  • Well served by cross river ferries and CityCats
  • Easy access to M3 Pacific Motorway and major arterials linking to north and south

Local trends

  • Primarily residential and apartment living
  • Cliffs and CBD views
  • Continuous river frontage
  • Iconic Story Bridge, pubs and cafés
  • Professionals, retirees and students

Precincts

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  1. Story Bridge Hotel – restaurants, bars and cafés built around the pylons of the Story Bridge
  2. Dockside – apartments and functions alongside the Dockside Ferry Terminal
  3. Medical – St Vincent’s Private Hospital
  4. Education – Shaftson College
  5. Recreation - Kangaroo Point Cliffs and Riverlife offering kayaking, abseiling and Segway
  6. Pineapple Hotel – heritage listed hotel adjacent to Raymond Park

Driving opportunity

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Population growth

Generating additional demand for goods and services

 

  • Expected to grow at close to 1.9% each year
  • More than 54% of the working population is under the age of 35
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Development activity

Bringing more people to live and work in the area

 

  • 37 dwellings approved in the 12 months ending December 2019
  • Walan at Scott Street, Kangaroo Point provides 14 full floor apartments
  • The Residences located within heritage Yungaba House on the riverfront
  • Banyan Tree Residences featuring 76 luxury residences at River Terrace
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Infrastructure projects

New roads, transit, schools, hospitals and other major infrastructure projects create opportunities for business

  • One of the five new green bridges to be built across Brisbane will link Kangaroo Point to the Brisbane Central Business District (CBD)
  • Captain Burke Park upgrade for the 2018 Commonwealth Games
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Talented people

Access to a skilled workforce

 

  • 40% with bachelor degree level of education (compared to 32% for Brisbane Local Government Area)

Who has taken the opportunity?

  • Bluntys café, Main Street, Kangaroo Point (2019)
  • Sea Legs Brewing Co opened in a warehouse under the Story Bridge (December 2018)
  • Bar Spritz chose the former Cliffs Café space in River Terrace with its panoramic views of Brisbane (2018)
  • Little Smirk, Baines Street (2018)

Planning frameworks

More information

Last updated: 6 October 2020