A retail centre in Stafford Heights has changed hands as part of a broader $32.3 million wave of retail investment activity across Brisbane.
Strong Demand Fuels Retail Investment in Stafford
Investor appetite for suburban retail properties in Brisbane has reached new highs, with Stafford Heights among the locations where fully leased neighbourhood centres were recently sold. RWC Retail, a division of the Ray White Group, facilitated the transactions, which totalled seven centres over seven months and achieved a combined value of $32.3 million.
The Stafford Heights asset, located at 67–71 Wilgarning Street, sold for $4.213 million. It was acquired through a competitive process that attracted multiple bidders and delivered a yield of 5.55 per cent.
Market Context and Buyer Trends
RWC Retail reported that buyer interest in the sector is currently outperforming historical trends, averaging over 350 enquiries per campaign. Analysts noted that demand has remained strong across Brisbane despite broader economic uncertainties. The firm said both the Stafford Heights and Camp Hill centres were fully leased at the time of sale, which helped drive investor interest.
Yields for these assets reflect market confidence, with the Stafford Heights sale closely followed by the Camp Hill site at 82 Bennetts Road, which sold for $6.1 million on a 5.72 per cent yield.
Key Drivers of Investment Appeal
Buyers focused on established centres with long-term tenants, favourable lease terms, and well-positioned landholdings. These factors, according to RWC Retail, continue to influence high levels of engagement across their campaigns.
The team involved in the sales – Michael Feltoe, Pablo Routledge and Lachlan O’Keeffe – cited these attributes as consistent motivators for investors looking for quality suburban retail assets.
Long-Term Outlook Remains Positive
Despite broader global uncertainty, RWC Retail expects buyer interest in neighbourhood centres to persist through the remainder of 2025. The agency highlighted continued demand from private, high-net-worth local investors who remain active in the market.
With access to a broad investor network through the Ray White Group, RWC Retail has positioned itself to continue capitalising on this trend in key Brisbane suburbs such as Stafford.
Published 9-May-2025