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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Kenmore – Proposed redevelopment could lead to the creation of a three-level building housing restaurants

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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 Kenmore.

A three-level restaurant development could go ahead on a busy road in Kenmore if council gives it approval.

A development application has been lodged to redevelop a site at 2071 Moggill Road and 2-4 Princeton Street.

The plan is to replace the existing commercial building – the Kenmore Cycles building, opposite Kenmore State School – with a new architecturally-appealing building providing a restaurant on the ground floor, as well as two further levels of restaurants above.

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Market Snapshot – Kenmore

Median house price House annual price growth Houses sold over past 12 months Median Unit price Unit annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$1,100,000 27.13% 190 $765,000 10.75% 14 9,675 40 17%

Source: CoreLogic, ABS 2021 Census

 

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