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Brisbane Buyers Agent Insights – Whats happening in Fitzgibbon – New school to help drive growth

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As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Fitzgibbon.

A new secondary co-educational Catholic School (grade 7 to 12) for up to 900 students has been approved for a 5.76 ha site – a former driving range – at 441 Beams Road in Fitzgibbon, in Brisbane’s north.

The school is expected to be open in 2022, starting with 150 students in year 7 – and will be built in stages as funding becomes available.

More than 800 expressions of interest have already been received from families wanting to attend.

Located in a growing area of Brisbane’s north, there will be strong demand for this type of infrastructure, and it will positively impact property prices in the area by drawing more people in. It’s also close to plenty of other services and amenity including a major transport node and shopping centre at nearby Chermside.

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Market Snapshot – Fitzgibbon

Median house price Price growth (PA over the past 5 years) Houses sold over past 12 months Median Unit price Price growth (PA over the past 5 years) Units sold over the past 12 months Demand level Population Median age of residents % of renters
$490,000 2.9% 110 $345,000 0.7% 18  high 5600 33 30%

Source: Realestate.com.au; ABS 2016 Census

 

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Written by: Vanessa DeGroot

Vanessa has worked in professional roles as a journalist and writer for publications including The Courier-Mail newspaper in Brisbane (reporting on many different rounds including general news and features before moving to commercial property) and national magazine Australian Property Investor, and was a former deputy editor of the same publication.