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 Morningside.
A gym complex – believed to be Australia’s biggest – is expected to go ahead in Morningside in Brisbane’s southside following the granting of approval this week.
The 5577sq m gym complex will include a 4472sq m TotalFusion gym and 9 Degrees’ 805 square metre indoor bouldering gym.
Situated on the Rivermakers site at Colsmie Road in Morningside, the development has been the subject of a court case, but was granted approval by a judge this month.
The gym will include six studio spaces offering yoga, functional, fusion, cycle, run and reformer classes, as well as a state of the art gym, child minding services and wellness centre.
Market Snapshot – Morningside
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 |
$900,000 | 3.7% | 202 | $510,250 | 6.62% | 304 | Good (H) & Very good (U) | 10,481 | 32 | 48.9% |
Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au
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