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 Kenmore.
Kenmore Village Shopping Centre will be redeveloped if a development application for changes, particularly to the North Mall, is approved.
The upgrade to the 50-year old shopping centre at 9 Brookfield Road will see a new build for that portion of the centre, with new entry statements, another vehicle entrance and a modern new centre profile, but the look and feel of the original centre will remain so its character is preserved.
The changes will see the floor area reduce by about 1500sq m and upon completion the centre will have car parking for 610 vehicles across the site.
The upgrade will benefit the residents of Kenmore and should ease some traffic congestion around the centre.
Market Snapshot – Kenmore
|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|
|$826,250||4.31%||182||$681,500||3.74%||11||Good (H & U)||8,960||40||16.9%|
Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au
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