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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Bracken Ridge – Two-storey childcare centre proposed to replace two residential dwellings

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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 Bracken Ridge.

A two-storey childcare centre is proposed to be built in an existing residential area in Bracken Ridge.

The 125-place centre would be replace two existing dwellings at 173 Norris Road, and would appear as a single-storey building from the street.

Operating from 6am to 7pm it would include a lower ground and outdoor play area, ground floor and outdoor play area, and eight activity rooms. It would have 25 car parking spaces, 15 of which are dedicated to staff.

If the development application is approved, the childcare centre would provide greater amenity in the growing area north of Brisbane.

Lower ground level

Ground level

Market Snapshot – Bracken Ridge

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
$746,000 30.76% 264 $396,000 23.75% 73 17,488 37 23.8%

Source: CoreLogic, ABS 2021 Census

 

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