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Brisbane Buyers Agent First Home Buyer Insights – What’s happening in the Meadowbrook – Proposed mixed-use development to cater for needs of growing community

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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 Meadowbrook.

A property in the growing area of Meadowbrook in Logan, south of Brisbane, could soon be home to a mixed-use development if a development application is given the go ahead.

The two-stage development application for the site at 310-326 Loganlea Road and 40-42 Ellerslie Road in Meadowbrook is for three food and drink outlets, a service station, and warehouses and showrooms.

The first stage would include the three food and drink drive thru outlets, including a Starbucks and Oporto, ranging in size from 179m2 to 230m2, together with a 199m2 7/11 Service station and 1,258m2 showroom.

Stage 2 comprises a 1,157m2 showroom, 4,183m2 of hardware and trade supplies and 8,247m2 of warehouse across multiple tenancies.

The development would have a total of 300 shared car parks, with seven buildings totalling 8,247sq m of gross floor area over the 50,598sq m site.

The proposed development would provide services for the fast growing community of Meadowbrook.

Source: Cottee Parker

Market Snapshot – Meadowbrook

Median house price House annual price growth Houses sold over past 12 months Median Unit price Unit annual price  growth Units sold over the past 12 months Population Median age of residents % of renters
$649,000 18% 38 $337, 500 27.36% 24 3,069 37 36.6%

Source: CoreLogic, ABS 2021 Census

 

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