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 Toowong.
Fresco and Woolworths will open at Toowong Village in Brisbane’s inner city in space that used to be occupied by the recently closed David Jones.
Fresco, which offers Asian and western grocery items, fresh produce, butcheries and live seafood, will open on level one of the Toowong shopping centre. It already has a shopfront at Pinelands Plaza in Sunnybank Hills, and will also open at Sunnybank, Runcorn and Calamvale.
Woolworths will occupy space on the gallery level, which will be the first time Woolworths has a presence in Toowong since its store opposite Toowong Village closed in January 2017.
The stores, which will provide significantly greater amenity to the residents of Toowong and surrounds, including students at the nearby University of Queensland, are expected to open in 2022.
Fresco at Sunnybank Hills. Source: Courier-Mail
Market Snapshot – Toowong
| 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 |
| $920,000 | 3.1% | 95 | $445,000 | 0.83% | 174 | Above average (H & U) | 10,830 | 29 | 53.5% |
Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au
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