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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Coorparoo – New Guzman Y Gomez planned for suburb

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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.

A Guzman Y Gomez restaurant could open in Coorparoo, in Brisbane’s inner east.

A development application has been lodged for the popular Mexican food chain to open at a property at 5, 7 & 9 Shakespeare Street in the suburb.

A new single-level building would be constructed for the new 200sq m restaurant, which would have a drive through, alfresco dining and car parking.

A commercial character building located on the site, at the corner of Pembroke Road and Shakespeare Street, would be retained, while an existing dwelling on the site would be removed to facilitate the development.

If it goes ahead, this Guzman Y Gomez outlet, which would operate 24/7, would activate an underutilized site and provide greater amenity to residents and visitors.

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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
$1,575,000 18.20% 168 $592,000 15.77% 250 18,132 35 44.6%

Source: CoreLogic, ABS 2021 Census

 

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