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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Wynnum West – Improved school amenity a drawcard

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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 Wynnum West.

A $20 million multipurpose indoor sports facility is being constructed at Iona Catholic College in Wynnum West with an expected completion date of May next year.

The building, known as ‘The Provence Centre’ will host signature sporting events, as well as college and community events and gatherings.

It can provide 2000 seats with tiered seating and will feature a perimeter running track, general learning areas, staff rooms, canteen facilities, change rooms, amenities and breakout spaces.

The facility, which has reportedly been years in the making, will add significant amenity to both the school community and the public with provision for community events, and will be a drawcard for residents, particularly young families and first homebuyers looking for good schools.

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Market Snapshot – Wynnum West

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
$550,000 2.09% 180 $349,500 1.0% 46  High 12,292 39 32%

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.