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 the Brisbane CBD.
Buyers Agent Brisbane Home Buyer Insights – Could an inner northern Brisbane suburb be transformed by a development?
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 Alderley.
Brisbane Buyers Agent Home Buyer Insights – New amenity planned for North Stradbroke Island
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 North Stradbroke Island.
Buyers Agent Brisbane Home Buyer Insights – What’s the latest for Paddington amenity?
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 Paddington.
Brisbane Buyers Agent Home Buyer Insights – Major new project for Surfers Paradise
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Buyers Agent Brisbane Home Buyer Insights – South Ripley will soon have a major new town centre to cater for growth
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Brisbane Buyers Agent Home Buyer Insights – Which school on Brisbane’s northside is set for a new facility?
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 Kedron.
Buyers Agent Brisbane Home Buyer Insights – Major new development for Toombul Shopping Centre
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 Nundah.
Brisbane Buyers Agent Home Buyer Insights – You could live and work in North Lakes with new office space on the way
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Springwood – Drive-through Starbucks approved
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Newstead – Triple tower mixed-use development approved for Breakfast Creek
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Wacol – New warehouse development planned
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Fortitude Valley – 18-storey commercial office tower planned to complete James Street precinct
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in South Brisbane – More high-density residential towers proposed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Maroochydore – Proposal to redevelop surf life saving club
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in South Brisbane – Major mixed-use development over three towers proposed
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Your Wavell Heights Property Plan: Turnkey Home or Custom Rebuild?
Brisbane’s property market continues to thrive, with Wavell Heights emerging as a standout suburb for those seeking a blend of lifestyle and investment potential. But for prospective buyers, a crucial decision looms: invest in a turnkey new home or purchase a knock-down property to build your dream residence?
Wavell Heights, known for its prime location just 10 kilometres from Brisbane’s CBD, is a suburb offering both modern, high-spec homes and older properties ripe for redevelopment. A close analysis of recent property sales and construction costs provides valuable insights for buyers evaluating their next steps.
The Allure of New Homes
Turnkey new homes in Wavell Heights offer immediate appeal with modern designs, luxurious finishes, and no construction delays. However, these benefits come with a premium price tag, with the average cost of a new home in the area sitting at approximately $2.57 million.
Recent sales data for new homes in Wavell Heights highlights the current market trends:
| Address | Bedrooms | Bathroom | Car | Land | Sale Price | Sold Date |
| 22A Bayview Terrace | 5 | 3 | 3 | 622m2 | $2,750,000 | 23-Apr-2024 |
| 29 Zeehan Street | 5 | 3 | 3 | 663m2 | $2,350,000 | 12-Mar-2024 |
| 19 Tabulam Street | 5 | 2 | 2 | 607m2 | $2,600,000 | 30-Jan-2024 |
| 20 Frankit Street | 5 | 3 | 2 | 607m2 | $2,620,000 | 4-Sep-2023 |
| 11 Gurley Street | 5 | 3 | 2 | 607m2 | $2,650,000 | 11-Jul-2023 |
These properties highlight the appeal of contemporary homes, particularly for buyers who prioritise convenience and are ready to pay a premium for a finished product.
Building from Scratch: The Knock-Down Approach
For buyers seeking a personalised living space, knock-down properties offer the opportunity to create a bespoke home. Recent sales of entry-level properties in Wavell Heights reveal an average purchase price of $1.2 million, with the total estimated cost for land acquisition, demolition, and construction sitting at approximately $2.075 million—a potential saving of up to $500,000 compared to buying new.
Here’s the latest sales data for knock-down homes:
| Address | Bedrooms | Bathrooms | Car | Land | Sale Price | Sold Date |
| 25 Palomar Parade | 3 | 1 | 1 | 622m2 | $1,372,150 | 23-May-2024 |
| 45 Fordham Street | 3 | 1 | 3 | 417m2 | $1,085,000 | 22-May-2024 |
| 24 Esdale Street | 3 | 1 | 2 | 627m2 | $1,300,000 | 30-Apr-2024 |
| 3 Macedon Street | 3 | 1 | 2 | 627m2 | $1,200,000 | 13-Apr-24 |
| 6 Albar Street | 3 | 1 | 4 | 862m2 | $1,260,000 | 2-Apr-24 |
While the financial advantages of building are clear, buyers must also consider factors such as construction timelines, interim accommodation costs, and site-specific complexities.
The Cost of Building: Expert Insights
David Farrer, Director of Sales and Business Development at McCarthy Homes, provides valuable insights into current construction costs:
“Currently, construction costs on a (turnkey) build with a typical size of 380m² would be approximately $2,700 per m². Such a price would encompass premium finishes and is based on a relatively flat site.”
For a 380m² home, this equates to an estimated build cost of $1.026 million along with an additional average cost of $70,000 to accommodate landscaping and pool inclusion, making building a viable option for buyers prioritising customisation and long-term value.
Key Considerations Beyond the Numbers
Beyond costs, prospective buyers should also evaluate:
● Timing: Building a home often takes 12–18 months, compared to the immediate availability of new properties.
● Flexibility: Building allows for full customisation to meet specific needs and preferences.
● Future Value: Well-designed knock-down rebuilds can yield significant resale value, especially in high-demand suburbs like Wavell Heights.
● Future Value: Well-designed knock-down rebuilds can yield significant resale value, especially in high-demand suburbs like Wavell Heights.
Partner with the Experts
Navigating the complexities of the Wavell Heights property market can be challenging. That’s where Brisbane Buyers’ Agency steps in. Led by Paul Palella, our team offers unparalleled local knowledge and a tailored approach to help buyers make informed decisions.
“Our goal is to empower buyers with the insights they need to make the best possible choice for their situation,” says Palella. “Whether you’re buying a finished home or building from the ground up, we’re here to guide you every step of the way.”
Book Your Free Property Insight Session
To simplify the decision-making process, Brisbane Buyers’ Agency offers a Free Insight Session, including:
● A tailored Buying Brief aligned with your goals and budget.
● Exclusive insights into Wavell Heights’ property market opportunities.
● Expert strategies to maximise your investment.
● Expert strategies to maximise your investment.
The Verdict: Build or Buy?
Both pathways—buying new or building—offer distinct advantages depending on your priorities. New homes provide convenience and immediate enjoyment, while knock-down rebuilds deliver customisation and potential cost savings.
Brisbane Buyers Agent Home Buyer Insights – What’s happening in Moorooka – Proposal to extend shopping centre on Beaudesert Road
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Caboolture – Officeworks, storage facility and shop proposed for Big Fish Junction shopping centre
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Ashgrove – McDonald’s given final approval
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Wamuran – Proposed changes to shopping centre approval
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Ashgrove – Mixed-use development with supermarket, food and drink outlets and gym proposed for main road
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Brisbane City – Griffith University to open new campus at Treasury Casino building
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Noosa Heads – New Calile Hotel to be built 2km from Hastings Street
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Oxley – Proposed townhouse complex with community facility and cafe
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Toowong – Masterplan for BBC revealed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in the Brisbane CBD – Plans released for a reinvigoration of The Victory Hotel
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Tingalpa – Plan to repurpose underutilised cricket field
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Clayfield – Fast food restaurant proposed for existing neighbourhood centre
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Bray Park – New netball clubhouse proposed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Enoggera – Restaurant with rooftop bar proposed for vacant site
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Arana Hills – Proposed mixed-use development to provide amenity for residents
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Richlands – New local shopping centre proposed
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Chermside – Proposed upgrade to the Brisbane Netball Association Clubhouse
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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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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Robertson – Small-scale neighbourhood convenience centre proposed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Bowen Hills – Football Queensland announces vision for $200m soccer stadium at Perry Park
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Morayfield – Drive through Zarraffa’s proposed for existing site with service station and fast food restaurants
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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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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Hendra – New McDonald’s planned for busy road
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Morayfield – New retail centre planned for North Harbour
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Buyers Agent Gold Coast Home Buyer Insights – What’s happening in Arundel – Derelict country club to be turned into a wellness and lifestyle retreat
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Buyers Agent Brisbane Home Buyer Insights – What’s happening at Redbank Plains – Development application lodged for service station and fast food restaurant
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Rochedale – Plans lodged for $380 masterplan that will deliver mixed-use town-centre heart
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Buyers Agent Brisbane Home Buyer Insights – What’s happening at Brisbane Airport – New entertainment precinct expected to be completed by next year
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Greenslopes – Planned six-storey commercial development to aid gentrifciation
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Buyers Agent Brisbane Home Buyer Insights – What’s happening at Bulimba – Plans lodged for first homes in Bulimba Barracks development
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Carina – Carina Leagues Club undergoes $15m renovation
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Buyers Agent Brisbane Home Buyer Insights – What’s happening at South Brisbane – Proposed new performance and training centre for Brisbane Bullets
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Tingalpa – Proposal to add a food and beverage outlet to an existing service station
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Buyers Agent Brisbane Home Buyer Insights – What’s happening at Brisbane Airport – $50 million Australia Post Parcel Centre under construction
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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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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Tingalpa – Fitness Cartel to open in a new Brisbane location
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Brighton – The Brighton Hotel undergoing a refurbishment
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Oxley – New mixed-use building proposed on site adjacent to existing shopping complex
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Ipswich – Entertainment company set to occupy space in new precinct
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Exploring the Advantages of Hiring a Commercial Property Buyer’s Agent
Navigating the intricacies of commercial property investment carries inevitable challenges. However, with the aid of a commercial property buyer’s agent, these complex scenarios can transform into exclusive opportunities. Let us investigate the benefits of engaging a professional agent when venturing into the realm of commercial real estate investment.
Buyers Agent Brisbane Home Buyer Insights – What’s happening in Carseldine – Stage 5 of Carseldine Urban Village proposed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Moorooka – New swim school and childcare centre being built
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Ascot – Proposed plan for mixed-use development to reinvigorate Racecourse Road
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Bald Hills – Proposed extension and renovation to the Bonny View Hotel
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Manly West – DA submitted for expansion of Mayfair Village
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Rochedale – Modern industrial development with cafe planned for suburb
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Mt Ommaney – Changes proposed to accommodate a proposed new Rebel Sport tenancy
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Deagon – Starbucks cafe with drive-through proposed
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in the Brisbane CBD – Plans for the Victory Hotel to be refurbished, with the addition of a rooftop bar
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Banyo – Proposed extension to food and beverage outlet
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Indooroopilly – New classrooms for Indooroopilly State High School
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Spring Hill – Brisbane Girls Grammar School to open junior school campus
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Hamilton – Immersive experience Bluey’s World to open in August 2024
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Eight Mile Plains – Self-storage and warehouse facility planned on Logan Road
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Stafford – Italian club set to move to Stafford if development application is approved
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Oxley – Adventure centre planned for vacant building
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Bundamba – New childcare centre proposed for Ipswich, west of Brisbane
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Carseldine – New club and function centre proposed
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Ellen Grove – New childcare centre proposed for growing area
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Cleveland – Grand View Hotel to be refurbished
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Coochin Creek on the Sunshine Coast – Farm site set to be home to new music festival venue
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in North Lakes – New $20m play centre being constructed to cater for families
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Sinnamon Park – New childcare centre proposed for main road
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Chermside – Guzman Y Gomez restaurant with drive through proposed for Gympie Road
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Sherwood – Plans for the Sherwood Central retail centre to be expanded
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Stafford – Proposed changes to be made to existing development approval for a medical centre
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Bowen Hills – Proposed office tower could add to the gentrification of the area
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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Upper Mount Gravatt – Proposal to extend the Newnham Hotel
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Everton Park – Proposed fast food restaurant for existing retail centre
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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Narangba – Expanded neighbourhood shopping centre planned for growing area
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Buyers Agent Brisbane First Home Buyer Insights – What’s happening in Kedron – Development application lodged to extend existing building at Padua College in Kedron
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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Ashgrove – New McDonald’s proposed for suburb
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Buyers Agent Brisbane First Home Buyer Insights – What’s happening in Holmview – Revised development application submitted for shopping centre expansion
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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Ellen Grove – Proposed childcare to help alleviate shortage of space
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Mount Gravatt East – New development with childcare centre and associated commercial space proposed
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in The Gap – Improvements to transform Alfred and Lucina Best park
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Auchenflower – Commercial property to be transformed if development application is approved
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Cleveland – New Guzman y Gomez opens in Redland
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Greenslopes – 3-level proposed medical project adjacent to Greenslopes Hospital to provide greater amenity
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Tingalpa – Proposed single-storey expansion to 153-year old Tingalpa Hotel
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Sinnamon Park – Proposed mixed-use development including hardware store to provide greater amenity
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Brisbane Buyers Agent Home Buyer Insights – What’s happening in Annerley – New childcare centre proposed to replace old property previously occupied by Braille House
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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Graceville – TotalFusion wellness centre and gym proposed to replace Goodlife
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