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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Pallara – Proposed centre to provide new amenity including supermarket

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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 Pallara.

Pallara, a growing area south of Brisbane, could soon have more amenity if a development application for a centre including a supermarket, retail space, a childcare centre and drive-through fast food outlet is approved.

The development, to be located on vacant land at 223 Ritchie Road, would consist of four low-rise retail buildings, with the project to have 192 car parks.

If it goes ahead the centre will be a first for Pallara, and will service the growing surrounding residential area.

Market Snapshot – Pallara

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
$866,000 39% 90 N/A N/A N/A 3,861 31 27.1%

Source: CoreLogic, ABS 2021 Census

 

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Imagine being crystal clear on what’s most important to you, so you can buy a property that sets you up best financially and lifestyle-wise. Book a free Brisbane Buyers Agent Insight session today. In this session, we’ll help you get clear on your Buying Brief. We’ll also give you some insight into hot Brisbane property opportunities available right now.

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To book your “Brisbane Buyers Agent Insight Session” register at the form to the right of this blog, call 0409 499 034 or email paul@brisbanebuyersagency.com.au