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Bardon

Brisbane Buyers Agent Insights – What’s happening in Bardon – Proposed Coles ‘Local’ to add to amenity

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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 Bardon.

Another Coles ‘Local’ is proposed to be built in the suburb of Bardon, in Brisbane’s inner west.

Three existing mixed-use commercial and retail buildings on the 3,542sq m site at 63-69 Macgregor Terrace would be knocked down to make way for the development, if it gets the go ahead.

The new development would consist of a single-storey building with 1,880sq m of gross floor area for the Coles and 105 basement parking spaces.

While this development would provide greater amenity in the area, it will be most beneficial if it is done properly, with traffic concerns on this development potentially being an issue.

Market Snapshot – Bardon

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
$1,039,000 3.31% 186 $639,000 0.53% 25  High 9,500 37 24%

Source: Realestate.com.au, CoreLogic, ABS 2016 Census

 

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