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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Hamilton – Three-storey childcare centre proposed for Racecourse Road

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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 Hamilton.

A three-storey childcare centre is proposed for 50 Racecourse Road at Hamilton, within a residential area.

An existing house on the property will be demolished to make way for the project, if it is given the go ahead.

The childcare centre would have 624sq m of gross floor area, with six activity rooms, outdoor play areas and 10 car parks.

Catering for 98 children, it would operate from 6.30am to 6.30pm on Monday to Friday.

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Market Snapshot – Hamilton

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
$1,868,500 5.39% 130 $508,000 4.42% 300 N/A 6,768 42 50%

Source: CoreLogic, ABS 2021 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.