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Brisbane Buyers Agent Insights – What’s happening in Yeronga – New community centre proposed as part of ‘Parkside Yeronga’ development

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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 Yeronga.

A new community centre is proposed for Yeronga within a site earmarked for the ‘Parkside Yeronga’ development.

Parkside Yeronga will be a new mixed-use community development including residential, commercial and recreational precincts on the former TAFE site in Yeronga. It sits within the three hectare Yeronga Priority Development Area on Villa Street and Park Road close to road, rail and bus services, as well as the state primary and high school and Yeronga Memorial Park.

The proposed community centre at 70 Park Road will be a two-storey building with 16 basement car parks, adjoining the public plaza that forms part of Parkside Yeronga.

It will include meeting rooms, lobby space, a welcome hub and outdoor space, benefitting residents in Parkside Yeronga and the wider suburb and surrounds by providing a space for community activities and uses.

Market Snapshot – Yeronga

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
$1,120,000 8.13% 100 $476,000 5.86% 105 Above average (H) & Good (U) 6,535 36 41.5%

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

 

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