Information Corp Australia Community
A DECADE in the past, Eight Mile Plains was not a suburb on Robyn and David Underwood’s radar once they had been trying to purchase a household dwelling.
Immediately, the southern Brisbane suburb, bordered by Sunnybank and McGregor, is in excessive demand amongst home hunters due to city sprawl, transport upgrades making it simpler to entry town and sought-after faculties.
With a median home value of $954,000, Eight Mile Plains has seen the variety of gross sales over $1 million slowly improve over the previous 10 years.
Now, even humble brick houses within the suburb can command greater than seven figures.
The Underwoods purchased their home on practically half a hectare at 107 Bleasby Street in January 2010 after in search of a household dwelling with privateness, house and accessibility.
“We were pleasantly surprised,” Mrs Underwood stated. “It wasn’t actually a suburb on our radar, however it was simply the accessibility to the whole lot, together with the bigger sized block that actually appealed to us.
“And I must admit that’s going to be the hardest thing to leave. Everything’s so accessible. Schools, but also access to the city — the busway is fantastic — and the shops.”
The Underwoods’ three sons all went to high school on the southside, so took the bus on daily basis.
“We are very typical empty nesters,” Mrs Underwood stated. “All three youngsters have moved on and are doing their very own factor. We purchased this place off a household with three youngsters.
“It will be sad (to sell), but we’d like to see it used to its full potential.”
Owen Chen of Place Sunnybank, who’s advertising the property, stated the variety of gross sales over $1 million in Eight Mile Plains had elevated “dramatically” up to now 18 months.
Mr Chen stated he had seen the suburb’s demographic change from an older technology to a youthful technology of households of their late 30s in search of extra space.
He stated the suburb was interesting as a result of it provided acreage so near town, which was why 107 Bleasby Street was attracting a whole lot of enquiries.
“The biggest selling point is that it’s like your own private oasis, but you don’t have to drive an hour from Brisbane’s CBD,” Mr Chen stated.
“It’s quite a famous street, there’s a long waiting list of people wanting to buy there. Every house in the whole street is on between 4000 sqm and 8000 sqm.”