21.08.2025

Brisbane’s economy has surged past $200bn for the first time according to a BEDA report

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With Brisbane’s economy accelerating, Murcia Residences stands at the heart of a dynamic neighbourhood expected to flourish well beyond 2032.

Brisbane’s economy has surged past $200bn for the first time, with new figures confirming the city’s position as one of the fastest-growing urban economies in Australia and the Asia Pacific.

The 2025 State of the City Report, released today by Brisbane Economic Development Agency (BEDA) in partnership with Deloitte Access Economics, revealed the city’s economy reached $201bn in 2024.

Driven by Australia’s fastest-growing working-age population, that was a $28bn increase since 2020, representing 16 per cent growth in just four years.

Brisbane Lord Mayor Adrian Schrinner said Brisbane was becoming a “vibrant, resilient city full of opportunity”.

“With the global spotlight on us in the lead-up to the Brisbane 2032 Olympic and Paralympic Games, our momentum has never been greater and we’re building a better Brisbane right now,” he said.

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What This Means for Murcia & Woolloongabba

  1. Capital Growth Ahead
    With booming fundamentals and near-Term Olympics-fuelled infrastructure upgrades, property markets in areas like Woolloongabba are poised for significant value uplift.

  2. High Job Demand & Rentals
    As new jobs grow—especially in nearby health, tourism, and construction sectors—demand for quality rentals and residences in well-connected inner-city pads like Murcia is set to rise.

  3. World-Class Infrastructure & Lifestyle
    Massive investment in cultural precincts and transport makes Woolloongabba a prime location for economic growth and lifestyle convenience—right at Murcia’s door.

  4. Murcia Residences offers a rare opportunity to own or invest in the heart of the city’s growth story.

    With demand rising, world-class infrastructure unfolding, and Brisbane’s economy accelerating, securing a residence at Murcia isn’t just a lifestyle choice—it’s a smart long-term investment.

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