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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.

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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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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You’ll leave our session knowing exactly the type of property you need to grow a strong financial future and property portfolio.

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