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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Northgate – Approved service station, Starbucks drive through and office buildings to add to amenity

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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 Northgate.

A service station, drive-through Starbucks and two office buildings will occupy a well-known Northgate site following the receipt of a development approval from council.

The site at 185 Toombul Road was home to the Northgate Foundry building since the 1950s, but it has been demolished to make way for the new development.

An existing brick building on the southwest of the site will be retained, while two new standalone two-storey office buildings will be built, along with the service station.

The site will have a total of 86 car parks.

Market Snapshot – Northgate

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 Population Median age of residents % of renters
$927,500 22.28% 65 $435,000 19.18% 66 4,876 35 42.5%

Source: CoreLogic, ABS 2021 Census

 

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