New Apartments Brisbane: Fortitude Valley & Woolloongabba 2028

The Brisbane City Council green-lit two major mixed-use projects this month, one on Wickham Street in Fortitude Valley and another along Logan Road in Woolloongabba, each set to add more than 300 apartments and ground-floor retail by late 2028.

Interstate arrivals from New South Wales and Victoria continue to lift demand while the city readies transport links ahead of the 2032 Olympics, pushing median house prices to around $780,000 and making inner-ring sites attractive for both developers and owner-occupiers.

Northside shifts near the Valley

The Wickham Street tower sits two blocks from the Fortitude Valley train station and will include 120 affordable units tied to the Queensland Government’s Housing Investment Fund. Neighbouring streets such as Brunswick Street already show renewed foot traffic, with local real estate agents noting renewed interest from young professionals priced out of Newstead and Teneriffe.

Further north, the same developer has lodged plans to rezone a parcel near the Chermside Westfield, adding another 200 units within walking distance of the bus interchange. Prices for the first release are expected to start at $520,000 for one-bedroom apartments.

Southside changes around Woolloongabba

On the southside the Logan Road site lies 800 metres from the Gabba stadium and will include a new public plaza funded partly through the Cross River Rail precinct program. The project targets the same buyer pool now eyeing Coorparoo and Stones Corner, where recent sales data show three-bedroom townhouses clearing at $950,000 to $1.1 million.

Buyers should review the Brisbane City Council’s online planning portal for updated zoning maps before making offers, and speak with a local conveyancer about infrastructure charges that may apply once construction begins.