Shailer Parks Real Estate renaissance – House prices soar by up to 43.7%

Once considered too out of the way by city seekers & workers, Shailer Park has now become a highly sought- after location, emerging from its early beginnings into a cosmopolitan suburb with every convenience at resident’s doorsteps.

Families are spoilt for choice when it comes to schooling options with a stellar range of both private (Calvary Christian College, Chisolm Catholic College, John Paul College & Kimberly College) and public schools (Shailer Park, Kimberley Park & Daisy Hill) all within a 5kms radius, all serviced by regular bus routes.

We are increasingly seeing potential buyers considering the school catchments when looking to purchase, thus, creating a higher demand for homes within these pockets.  The Kimberley Park Sate School catchment ranked second in Brisbane as the school catchment area with the highest median house price growth at 43.7 %, just behind West End State School.  Shailer Park State School ranked in fourth position with homes in that catchment increasing in value by 35 % (Domain 2021).

Alongside this shift in school catchment popularity, we have seen the rise of  remote working becoming a normality, leading more potential buyers to consider the outer suburbs when purchasing. Others are simply being pushed further from the city center as they seek   affordability.

Many buyers move just 10 to 15 minutes’ drive from more northerly suburbs such as Rochdale to enjoy the more affordable, often newer homes on much larger blocks that are commonplace for Shailer Park. We are seeing the most competitive market in Shailer Park yet, with the market going from strength to strength every month across 2021.  With huge numbers through our Shailer Park open homes, multiple offers and frenzied bidding to secure properties, there are no signs of a slowdown just yet.

Providing the best of family living, Shailer Park is fully serviced by shopping, restaurants, cinema, and library all within the nearby Hyperdome complex as well as quiet spots to relax in the many surrounding parks, reserves, bushwalking and bicycling tracks within its many leafy pockets.

We absolutely love living in Shailer Park and having the privilege of selling the vast array of properties in our beautiful suburb.  A brilliant place to reside, it really was only a matter of time before its attractiveness and livability was to become more widely   recognized.

 

Posted in Uncategorized on 23 Mar, 2022 | Comments Off on Shailer Parks Real Estate renaissance – House prices soar by up to 43.7%