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Buyers Agent Brisbane First Home Buyer Insights – What’s happening in Durack – $11m mega park to boost 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 Durack.

An $11 million park and community facility is planned for the Archerfield Parklands on an 8.65-hectare development site at Bowhill Road in Durack, at the old Inala Wastewater Treatment Plant.

A development application has been lodged for the project, which would include water and adventure playgrounds, picnic areas, an outdoor theatre, and function rooms.

The site is part of the 150ha Archerfield Wetlands precinct, which is part of the $100 million Oxley Creek Transformation project.

If the development of the park goes ahead, completion is expected by 2026. It would provide great new amenities for families, and particularly first home buyers, in the area and surrounds.

 

Market Snapshot – Durack

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
$427,000 1.37% 56 $300,000 -1.38% 11  High 7,948 36 31.2%

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

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