Luxury James St Precinct transforms into a gourmet market this Sunday for the Annual Market Day

Luxury James St Precinct transforms into a gourmet market this Sunday for the Annual Market Day.

The jewel on the crown of the annual James Street Food & Wine Trail, Market Day is back for another year this Sunday.

Promising to be the most impressive year yet; the fig tree-lined street will transform into a gastronomical garden of delights – this year will see the entire strip from McLachlan Street to Arthur Street converted into one very large alfresco dining room.

The precinct’s laneways and side streets are where you’ll find pop-up stalls from its 28 of resident restaurants and bars, including newcomers sAme sAme, Biànca, SK Steak & Oyster, Essa and The Green.

Be sure to come hungry – over the eight delicious hours you’ll discover the likes of wagyu burgers from SK Steak & Oyster, caviar bumps with frozen vodka from Essa, fish tacos from Lobby Bar, chicken and crispy garlic bao buns from sAme sAme, and woodfired pizzas from Biànca.

The day will also feature five entertainment stages, a furry friend photobooth and even an area for kids to enjoy some seedling planting, face painting and other craft activities.

View the full schedule via www.jamesst.com.au/jsfwt

James St Food & Wine Trail returns next week

After a two-year hiatus, James St Food + Wine Trail returns across four days – culminating with the community’s much-loved street-takeover Market Day on Sunday 31 July, closing down James Street from McLachlan to Arthur Street to transform the precinct into a huge urban picnic. This year’s event is slated to be the biggest since its inception nine-years ago.

In the three days leading up to Market Day, some of James St’s residents will offer one-off menu pairings, multi-course feasts and tastings, with Mosconi, Gerard’s Bar, The Green, ESSA, Harvey’s Bar + Bistro and Tippler’s Tap each offering a variety of Trail Day experiences leading into the Market Day finale.

Market Day will see nineteen of James Street’s insanely tasty venues like Gemelli, sAme sAme, ESSA, Biánca and SK Steak & Oyster popping up between 10am and 6pm, joined by 13 pop-up bars providing the spritzy goodness.

Expect treats like limited-edition desserts from Messina, fried chicken and truffle rolls from Essa and porchetta rolls from Mosconi, while Hellenika will come through with chargrilled octopus, lamb ribs and Greek salad. There’ll be five stages for live music scattered throughout the precinct and, as always, entry will be totally free.

You can browse the program for Trail Days and Market Day and plan your James Street Food & Wine Trail here.

Albion Park Raceway to transform into a new inner-city sports precinct complete with indoor stadium

Brisbane Lord Mayor Adrian Schrinner today unveiled plans for the “Breakfast Creek Sports Precinct” that would be built as part of the infrastructure needed for the Olympics and Paralympics in 2032. Under the proposal, the old Albion Park Raceway will be moved and the precinct around it will undergo a revolutionary transformation, with plans for a new indoor sports stadium, multiple playing fields and a centred community space. A series of multi-use sporting fields and a baseball field would also be located there.

A new indoor sports centre would then be built at Brothers’ current fields on Crosby Road that would host Olympic and Paralympic basketball – and then be home to a variety of community sports after 2032, including netball, volleyball and badminton.

Cr Schrinner said he wanted to ensure the once in a lifetime opportunity of hosting the Games would be seized to transform the “unique” 29ha inner-city site. “This plan can be part of that legacy by transforming an under-utilised and tired area of our city into a thriving precinct that would stage local, national and international sports events all year round,” he said.

A “green spine” walkway that could host community events would run through the centre of the precinct, connecting Crosby Road to Breakfast Creek. “This is a really exciting proposal and we’ve already been working closely with the Queensland Government, Brothers Rugby and Queensland Cricket on these plans,” Cr Schrinner said.

“I’m confident that this could be a sports and recreation precinct we can all be proud of, one that incorporates dedicated accessible facilities at the outset while offering expanded facilities for sports that are aiming to grow their participation among women.”

Council’s economic development and Games committee chair Krista Adams said the precinct plan included an innovative water harvesting and reclamation system to help maintain the fields too.

Sharemarket Investors turn to Real Estate as rental supply dwindles and demand continues to surge

Surging demand and dwindling rental supply are fueling investors to switch from shares to real estate in a bid to escape the global sharemarket downturn and cash in on strong demand from tenants.

Investor share of new mortgages has jumped from record lows of about 23 percent in early 2021 to almost one-third, according to government analysis, as rising interest rates force out first home buyers and tough prudential controls on investors are eased.

In March, national vacancy rates fell below 1 per cent, a fall of 20 basis points from the previous month and the lowest in 16 years, according to SQM research.

Rents have jumped by more than 20 per cent in Queensland during the past year and more increases are likely in coming months as overseas migration rebounds and interstate migration continues.

The latest population data has been released from the ABS today and demonstrated that Queensland is leading the nation in net interstate migration and population growth overall. In fact it is not just leading, it is dominating as a destination where people want to live. People are voting with their feet and leaving NSW and Victoria for sunnier climates and more affordable property. Jobs are relatively easy to come by compared to previous years, so the 25-44 year olds that drive Australia’s economy are increasingly packing up their families and moving to the Sunshine State.

Apartment rental growth, which fell the most during the pandemic, is making the fastest recovery and is expected to continue to outpace houses, according to CoreLogic. Queensland’s economy is also expected to be supercharged much like the early 2000’s which will set off almost a decade of growth.