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Brendale

Brisbane Buyers Agent Insights – What’s happening in Brendale – Commercial precinct nearing construction

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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 Brendale.

Brendale will soon be home to a new commercial development providing greater amenity to residents in the fast growing area, outside large shopping centres.

The Sheds at Brendale, located at 264 South Pine Road next to Freddie’s Fishing World, is under construction and is expected to open around September.

The vision for the development is to create a vibrant, mixed-use, family friendly destination that includes artisan producers including a bakery, brewery, café and gym.

Brendale, situated in the Moreton Bay region, north of Brisbane, is experiencing significant population growth, so greater amenity will be welcomed by current and future residents, and will be a drawcard for property buyers and renters, particularly first homebuyers.

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Market Snapshot – Brendale

Median house price House average annual price  growth Houses sold over past 12 months Median Unit price Unit average annual price  growth Units sold over the past 12 months Demand level Population Median age of residents % of renters
N/A N/A N/A $268,500 0.79% 61  High 2,758 32 57.4%

Source: Realestate.com.au, CoreLogic, 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.