 Annual rental and capital growth of the property market continue to be healthy in the past years, indicating the high popularity of the area.Although the Woolstore Precinct is situated close to the Brisbane River, the severe flood that occurred on 2011 did not caused any major damage to the buildings in the precinct.Even though in the nearby suburb of New Farm a considerable amount of residence and commercial area was inundated during the river surge (and by stormwater backing up drains), only parts of the riverside walkways in the Woolstore Precinct were flooded.