Defined by the nearby riverfront and close proximity to the CBD, Bulimba is a very sought after location for young couples, families and professionals. Oxford Street is not far from any home so residents or visitors can enjoy the culinary delights, boutique shopping and relaxed pace on offer, and Memorial Park is a huge favourite for the kids with lots of green space to run around and plenty of shady trees to rest under.
Bulimba is renowned for its gorgeous character homes that over recent years have been joined by stunning contemporary additions that fit right into this leafy inner eastern suburb. Many couples and families have bought and renovated in the area, which has had a positive impact on house prices. "The marketplace in the Bulimba area has consistently outgrown many other Brisbane suburbs due to its riverside location”. Like its neighbouring suburbs, housing in Bulimba has also undergone a significant transformation with riverside contemporary homes fetching top dollar at auctions. Up market townhouse developments also feature strongly and can cost more than a typical 3 bedroom home in adjoining suburbs.
This has been an excellent outcome despite recent economic pressures. This is typical of an area close to the city with strong surrounding infrastructure. Many people choose to live in Bulimba because of vibrant Oxford Street. Even in challenging market conditions an area like Bulimba remains strong due to consistent demand and its many attractive lifestyle factors.
Bulimba is an area surrounded by great transport infrastructure, public and private schools and a short drive to Westfield Carindale Shopping Centre with services in the area adapting to accommodate the strong demand for property, a property market that is strong and will continue to lead the way in the inner eastern suburbs of Brisbane due to its peninsula location.