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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in Oxley – Bunnings expected to be rebuilt after flooding closure

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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 Oxley.

The Oxley Bunnings, in Brisbane’s southwest, will be rebuilt after it was flooded in February this year and closed ever since.

The new warehouse at 32 Blunder Road is expected to reopen in 2024 after being rebuilt with a raised bigger building that will have two levels of shop space and 462 car parks underneath, if a development application is approved.

Flood doors will protect the entrances and essential services will be raised.

If the development is approved it will be welcomed by the local community, as the amenity is valued in the area.

Market Snapshot – Oxley

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
$810,000 25.68% 143 $430,000 10.26% 53 9,100 35 30.3%

Source: CoreLogic, ABS 2021 Census

 

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