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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Coorparoo – Loreto College to undergo an expansion

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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 Coorparoo.

Loreto College, a Catholic secondary school for girls in Brisbane’s eastern suburbs, is undergoing an expansion.

The College, situated at 415 Cavendish Road In Coorparoo, will undergo a major transformation to accommodate the addition of two year levels by 2026.

The project will include the construction of a new three-story building with general learning areas, administration offices, collaborative spaces and a senior studies centre. It will also see a pre-1946 house on Dale St repurposed.

The development will enable an increase in enrolment capacity of 220 students and 14 staff to total 1,150 and 123 respectively.

This will benefit people in surrounding suburbs.

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Market Snapshot – Coorparoo

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
$1,535,000 12.87% 147 $560,000 10.89% 248 18,132 35 44.6%

Source: CoreLogic, ABS 2021 Census

 

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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.