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Brisbane Buyers Agent Insights – What’s happening in Graceville – Mixed-use development with childcare centre proposed

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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 Graceville.

A new childcare centre is earmarked for Graceville after an application for a mixed-use development was recently lodged.

Along with the 135-place childcare centre, the development at 293 Honour Avenue, which also has frontage to Verney Road West and Mortlake Road, will have retail space likely to be composed of a food and drink outlet and shop.

The development would involve demolishing three existing dwellings and a commercial building to build a two-storey building in its place.

If it goes ahead this project would add amenity to the area, with childcare in high demand. But it must be done well, to fit into the suburb’s character, to benefit the area.

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Ground floor plan

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First floor plan


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Market Snapshot – Graceville

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
$1,029,000 4.16% 84 N/A N/A N/A  High 4,634 36 23.5%

Source:, CoreLogic, ABS 2016 Census


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