Live Brisbane, Property research | 3 min read

Brisbane outranks Sydney & Melbourne as best city for families

Mosaic Property

24/01/20

In a recent global survey, Brisbane outperformed both Sydney and Melbourne to be ranked 39th best city in the world to raise a family. Attributing to the success was Brisbane's safety, health and education facilities, air quality and affordability. Combined with a once-in-a-generation level of infrastructure investment, Brisbane presents a compelling investment proposition.

A global survey of 150 top cities recently ranked Brisbane as the 39th best city in the world to raise a family, outranking both Sydney (47th) and Melbourne (50th).

The international study used 13 different factors which they divided into three categories as follows:

City Livability: Housing Affordability, Living Costs by Income, Unemployment, Education, Safety, Mobility, Air Quality, Healthcare, Kids’ Activities
Family Legislation: Paid Parental Leave, Family Inclusivity
Parent Surveys: Neighbourhood Safety, Family-Friendliness

Ranking highly for safety, healthcare, education and family-friendliness, Brisbane also achieved the second-best air quality of all cities ranked.

Affordability was another factor where the Queensland capital outshone the southern states, along with better living costs and the lowest unemployment rate against all Australian capitals included in the study.

Mark McCrindle, social researcher from McCrindle Research, stated the findings showed Brisbane was one of the most affordable cities in Australia. “It’s got everything you would want in the larger capitals but without the congestion and the house price challenge.”

Mr McCrindle also stated that the research confirmed Brisbane’s migration trends. Over the past 12 months, it has experienced higher numbers of people arriving than departing for other Australian cities.

Combined with the game-changing $30 billion infrastructure investment, Brisbane is being transformed into an unbeatable destination for local, interstate and international investors.

These conditions are what astute investors term the ‘effortless advantage’ in residential property investment; taking advantage of public and private investment spend within to deliver strong value-uplift for their property.

Brisbane’s $3.6 billion precinct ‘Queen’s Wharf’ is only one of $30 billion being spent on infrastructure in the New World City. On the banks for the Brisbane River, Queen’s Wharf is a 26ha integrated resort development that will include four luxury hotels, more than 50 new bars, and restaurants and 2,000 residential apartments.

Sources: Courier Mail; Movinga Research

Strong investment opportunities

The Sinclair

152 Toohey St, East Brisbane

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The Henry

186 Clarence Road, Indooroopilly

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