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Buyers Agent Brisbane Insights – What’s happening in Ascot – More entertainment options could be provided at Eagle Farm racecourse

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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 Ascot.

A microbrewery with a beer garden and restaurants could be built under the St Leger grandstand within the heritage gardens at Ascot’s Eagle Farm racecourse if the proposal is given the go ahead.

The development application for the property at Racecourse Road in Ascot is part of a $1.2 billion masterplan for the racecourse precinct.

The brewery, beer garden and restaurants could be open seven days a week, providing more entertainment options for residents in the area.

Market Snapshot – Ascot

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
$1,962,500 3.73% 132 $510,750 12.25% 136 Above average (H & U) 5,777 39 42.4%

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

 

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