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Buyers Agent Brisbane Buyer Insights – What’s happening in Wooloowin – Former convent to be transformed into childcare centre

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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 Wooloowin.

The former Sisters of Mercy convent in Wooloowin will likely be transformed into a childcare centre, if a development application is given the go ahead.

The plan is to repurpose the heritage-listed two-storey convent at 60 Bridge Street while also adding a single-storey building extension at the back.

The childcare centre would cater to 110 children, with five outdoor play areas, seven activity rooms and 22 car spaces. It would operate from 7am to 7pm, Monday to Friday.

The development site is part of a larger 3.688ha site, which is earmarked for a residential townhouse development.

The childcare centre site is next to the Holy Cross Catholic Parish Church and Holy Cross Catholic Primary School.

Market Snapshot – Wooloowin

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
$1,022,500 4.71% 54 $370,000 1.75% 50  Good (H & U) 3,938 33 51.3%

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

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