Part of Inner Brisbane: This guide is part of our comprehensive Inner Brisbane Property Investment Guide
Bowen Hills Property Investment Guide 2026: Inner City Redevelopment
Bowen Hills is Brisbane's transformation precinct - former industrial suburb gentrifying, new apartment developments, 2km from CBD. At $620k apartments with 8.5% growth and strong yields, it's early-stage gentrification value play.
Quick Answer
Why invest in Bowen Hills?
Bowen Hills delivers transformation value: $620k apartments, inner-city redevelopment, 2km CBD. Former industrial area gentrifying like Newstead. Apartments yield 5%, growth 8.5%. Cross River Rail Exhibition station 1km. Strong rental demand, lower entry than established inner suburbs.
Bowen Hills Market Overview
Bowen Hills vs Inner Brisbane
| Location | Apartment Median | Yield | Growth |
|---|---|---|---|
| Bowen Hills | $620,000 | 5.0% | 8.5% |
| Newstead | $750,000 | 4.4% | 7.0% |
| Fortitude Valley | $590,000 | 5.2% | 8.5% |
| Woolloongabba | $650,000 | 4.8% | 9.0% |
Investment Strategy
Early Gentrification Play: Buy new apartments ($620k) in redevelopment precincts. Early-stage transformation, Newstead trajectory. Yield 5%, growth 8.5%. Medium-term 5-7 year gentrification hold.
Value vs Newstead: $130k cheaper than Newstead for similar inner-city positioning. Earlier transformation stage offers better growth potential. Buy before precinct fully establishes.
Risks
Transformation Timing: Redevelopment staged over 10+ years, slow rollout.
Industrial Character: Still transitioning, some areas not yet gentrified.
Building Quality: Older stock mixed with new developments.
Oversupply Risk: Multiple new developments may flood market.
Frequently Asked Questions
Yes for inner-city transformation. Bowen Hills delivers $620k apartments, major redevelopment precinct, 2km CBD. Growth 8.5%, yields 5%. Former industrial suburb gentrifying. Cross River Rail Exhibition station nearby. Strong rental demand.
Apartments: 4.8-5.2% ($620k renting $550-$650/week). Excellent Brisbane yields. High tenant demand - CBD proximity, new developments. Vacancy under 2%, improving with redevelopment.
Former industrial precinct transforming - Newstead model. New apartments, mixed-use developments, green spaces. RNA Showgrounds precinct nearby. Gentrification driving values. Buy early in transformation for maximum growth.
Bowen Hills: $620k, earlier transformation stage, value. Newstead: $750k, more established, premium. Bowen Hills offers better entry for gentrification play. Similar transformation trajectory.
Cross River Rail Exhibition station 1km walk. Bus routes to CBD. Inner Northern Busway access. 2km to CBD - bikeable/walkable. Transport improving with rail completion 2025.
Industrial character still transitioning. Some older stock, building quality varies. Redevelopment timing uncertain - staged over 10+ years. High-density oversupply risk. Requires patience for full transformation.