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Buyers Agent Brisbane Home Buyer Insights – What’s happening in the Brisbane CBD – Plans for the Victory Hotel to be refurbished, with the addition of a rooftop bar

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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 the Brisbane CBD.

The Victory Hotel in Brisbane’s CBD, which is the oldest pub in the city, could undergo a refurbishment this year, if plans are given the go ahead.

The façade of the pub at 127 Edward Street would remain mostly the same, but the redevelopment would include the demolition of some parts, refurbishment of others and the inclusion of more basement space.

A new rooftop bar is part of the plans, as is a new verandah area.

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Market Snapshot – Brisbane CBD

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
$482,500 11.18% 18 $510,000 2.05% 753 13,310 31 65.2

Source: CoreLogic, ABS 2021 Census

 

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