How to accurately assess the market demand for boutique townhouse developments in inner-city Brisbane?

Accurately assessing market demand for boutique townhouse developments in inner-city Brisbane requires a multifaceted approach. Firstly, conduct thorough demographic analysis, focusing on local household income, age profiles, and lifestyle preferences within specific suburbs. Secondly, analyse historical sales data for similar dwelling types, paying close attention to absorption rates, price points, and time on market. Utilise CoreLogic or Domain for granular insights. Thirdly, engage local real estate agents specialising in premium residential property for qualitative feedback on buyer sentiment and emerging trends. Finally, monitor proposed and approved planning applications to gauge future supply, ensuring your project differentiates itself in a competitive landscape.