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 Richlands.
A childcare centre is proposed for 92 Progress in Richlands suitable for 170 children.
The development application submitted last month seeks approval for a single-storey childcare centre with 1,023sq m of gross floor area on the 6,921sq m vacant site.
It will have seven separated outdoor play areas and a car park with 41 car spaces.
If it goes ahead, the new childcare centre will cater for demand and provide greater amenity in the area, particularly benefitting younger first homebuyers.
Market Snapshot – Richlands
| Median house price | House average annual price growth | Houses sold over past 12 months | Median Unit price | Unit average annual price growth | Units sold over the past 12 months | Demand level | Population | Median age of residents | % of renters |
| $407,500 | 0.94% | 16 | $282,250 | N/A | 20 | High | 3,598 | 28 | 64.2% |
Source: Realestate.com.au, CoreLogic, ABS 2016 Census
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