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Buyers Agent Brisbane Home Buyer Insights – What’s happening in Ellen Grove – New childcare centre proposed for growing 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 Ellen Grove.

A development application has been lodged for a childcare centre in a growing area south of Brisbane.

The 998sq m single-storey childcare centre at 499 Waterford Road in Ellen Grove would cater for 120 children, and operate from 6.30am to 6.30pm.

It would feature three outdoor play areas totalling 1,046sqm and 37 car parks.

Situated in a residential area, an existing house on the site would be removed to facilitate the development, if it is given the go ahead.

Being in a growing area, this childcare centre would provide a much-needed service to local young families, of which there are many.

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Market Snapshot – Ellen Grove

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
$516,000 3.20% 24 $409,000 18.55% 55 3,586 30 67.3

Source: CoreLogic, ABS 2021 Census

 

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