Smart Buyers Blog

Screen Shot 2020-09-17 at 11.43.28 am

Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Morayfield – Refurbishment of retail centre to improve amenity

Share with a friend:

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 Morayfield.

Morayfield Village is set for a revitalisation, with the retail centre, situated next to the Morayfield Shopping Centre at 171 Morayfield Road in Morayfield, north of Brisbane, to be renovated early next year.

The retail centre was supposed to become a giant Kaufland hypermarket, but after the German outlet left the market it will now be given a facelift and redeveloped into a food and retail destination.

Existing tenants including Jenny Craig, Rivers, Mr Toys Toyworld, the Bank of Queensland, Imaging Queensland and smaller tenancies including a barber and hairdresser will remain, while new tenants will also come in, including cafes, a fast food retailer, restaurant and bar.

The refurbishment is expected to start in February next year and be completed in around six weeks.

Screen Shot 2020 09 17 at 11.43.42 am

Screen Shot 2020 09 17 at 11.43.49 am

Screen Shot 2020 09 17 at 11.43.56 am

Market Snapshot – Morayfield

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
$360,000 0.21% 373 $225,000 1.31% 35  Average 21,394 32 42.4%

Source: Realestate.com.au, CoreLogic, ABS 2016 Census

 

Would you like help with your next Brisbane home or investment property purchase?

As a Brisbane buyers agent focused on the best results for our clients we’ll help you make a smart buying decision on your next property purchase. We act independently and only select homes that meet our strict ‘smart buying’ criteria.

Our clients’ regularly tell us they engaged us because they were frustrated by their Brisbane property search. They were sick of wasting their time at weekend open homes and in the evenings – time that could be better spent with their loved ones.

We’d love to help you make your next Brisbane property investment or home purchase.

FREE session: “Brisbane Buyers Agent Insight Session”

Imagine being crystal clear on what’s most important to you, so you can buy a property that sets you up best financially and lifestyle-wise. Book a free Brisbane Buyers Agent Insight session today. In this session, we’ll help you get clear on your Buying Brief. We’ll also give you some insight into hot Brisbane property opportunities available right now.

This session is valuable to home buyers, investors, and first home buyers.

You’ll leave our session knowing exactly the type of property you need to grow a strong financial future and property portfolio.

To book your “Brisbane Buyers Agent Insight Session” register at the form to the right of this blog, call 0409 499 034 or email paul@brisbanebuyersagency.com.au

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.