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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Ascot – Proposed changes to St Margaret’s Anglican School masterplan

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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 Ascot.

St Margaret’s Anglican School in Brisbane’s Ascot has reportedly applied to amend its masterplan to facilitate a new Performing Arts Precinct and classroom expansion on the southern part of its campus at 11 Petrie Street.

The proposed precinct would featuring state-of-the-art spaces for music, drama, and other performing arts.

There will be some demolition required to facilitate the development.

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Market Snapshot – Ascot

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
$2,340,000 -4.10% 70 $636,000 14.59% 121 6,531 38 40.7%

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.