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 Upper Mount Gravatt.
The Newnham Hotel in Upper Mount Gravatt could be redeveloped if a development application is approved.
The hotel at 516 Newnham Road has been a fixture of the local community for over a century, and has undergone several renovations over the years.
The current development application would see the hotel receive a major facelift, with upgrades including an extension to add an outdoor bistro dining area and playground to cater for patron demand.
According to the development application, “the design concept for this venue is to rejuvenate the classic local pub with a contemporary feel by incorporating additional dining and entertainment areas for its patrons whilst retaining the overall character of the pub”.
Market Snapshot – Upper Mount Gravatt
| 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 |
| $881,400 | -3.67% | 119 | $492,000 | 6.96% | 131 | 10,800 | 33 | 44.2% |
Source: CoreLogic, ABS 2021 Census
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