Smart Buyers Blog

96c4d1729074c7a4b20c28323169a414_Russell_Island_LR

Brisbane Buyers Agent First Home Buyer Insights – What’s happening in the southern Moreton Bay islands – new ferry terminals for four islands

Share with a friend:

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 southern Moreton Bay islands.

A $37 million ferry terminal upgrade project for the Southern Moreton Bay Islands has started construction.

A construction company has been awarded the contract to build and install the new ferry terminals on the four islands, including Macleay, Russell, Karragarra and Lamb, while a Redland-based company has won the contract to fit out the terminals.

The upgraded terminals will include better amenity including increased seating, drinking fountains, more waiting areas with better weather protection, wider jetties and improved security with lighting and CCTV cameras surveillance.

The project, which will be one of the largest marine infrastructure projects delivered on the bay islands, has been a long time coming – having been in planning since 2014 – and will be welcomed by residents

It is expected works will be completed by 2023.

Russell Island

Macleay Island

Karragarra Island

Lamb Island

Market Snapshot – Macleay Island

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
$248,500 0.76% 144 N/A N/A N/A  Balanced (H & U) 2,681 59 31%

Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au

Would you like help with your next Brisbane home or investment property purchase?

As a Brisbane buyers agent focused on the best results for our clients we’ll help you make a smart buying decision on your next property purchase. We act independently and only select homes that meet our strict ‘smart buying’ criteria.

Our clients regularly tell us they engaged us because they were frustrated by their Brisbane property search. They were sick of wasting their time at weekend open homes and in the evenings – time that could be better spent with their loved ones.

We’d love to help you make your next Brisbane property investment or home purchase.

FREE session: “Brisbane Buyers Agent Insight Session”

Imagine being crystal clear on what’s most important to you, so you can buy a property that sets you up best financially and lifestyle-wise. Book a free Brisbane Buyers Agent Insight session today. In this session, we’ll help you get clear on your Buying Brief. We’ll also give you some insight into hot Brisbane property opportunities available right now.

This session is valuable to home buyers, investors, and first home buyers.

You’ll leave our session knowing exactly the type of property you need to grow a strong financial future and property portfolio.

To book your “Brisbane Buyers Agent Insight Session” register at the form to the right of this blog, call 0409 499 034 or email paul@brisbanebuyersagency.com.au