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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Bowen Hills – Proposed office tower could add to the gentrification of the area

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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 Bowen Hills.

A 10-storey office building with ground floor food outlets is proposed for Bowen Hills, in Brisbane’s inner north.

If approved, a three-storey building currently at the address, at 157 Abbotsford Road, would be demolished to make way for the new building, which would have 77 car parks.

The development is in an urban renewal area and would contribute to the gentrification of Bowen Hills.

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Market Snapshot – Bowen Hills

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
$643,750 14 $413,000 -8.63% 211 4,898 30 81.9%

Source: CoreLogic, ABS 2021 Census


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