Riverfront property in Brisbane is at a premium and buyers are eyeing a previously overlooked industrial area that is transforming into the city’s newest waterfront precinct.South Brisbane's growth into a popular lifestyle hub is clear, especially in the lead-up to the 2032 Summer Olympics.Median unit prices in the suburb grew by 18.6% month-on-month according to PropTrack’s July 2026 Home Price Index, while they’ve skyrocketed by 45.9% since the Olympics were announced in 2021.And while South Bank has been an established cultural, lifestyle and entertainment heart within South Brisbane, a prime riverfront site adjacent to this had long remained home to major industrial and manufacturing operations for decades.Positioned at the northern end of Montague Road, luxury developer-builder Mosaic Property Group saw the opportunity to extend South Bank's energy, offering and connectivity further along the Brisbane River.“We recognised early that this part of South Brisbane was uniquely positioned to evolve into one of the city’s most desirable residential destinations,” says Brook Monahan, Founder and Managing Director of Mosaic Property Group.“The combination of river frontage, proximity ...
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