New generation warms to the city’s middle ring

first_img5 Petunia Street, Nudgee. Picture: Realestate.com.auMore from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019 5 Petunia Street, Nudgee. Picture: Realestate.com.auBRISBANE’S northern suburbs are disproving the idea of a seasonal change in the capital’s real estate market, with buyers out in force.If there was a winter slowdown, no one has told buyers, according to real estate agent David Havig, of Havig & Jackson.“I find just as many buyers in winter as spring. There are more listings in spring, but the buyers are the same.” 5 Petunia Street, Nudge. Picture: Realestate.com.auHis comments come amid a generational shift occurring across the middle ring, with suburbs such as Nudgee attracting younger buyers and their cafe culture.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:47Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:47 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenMonthly Core Index: June00:47“The younger generation are starting to move in. It’s still quite affordable for them, particularly if they want a house. Really you can’t afford to buy a house much closer to the city.” 5 Petunia Street, Nudgee. Picture: Realestate.com.auHis most recent sale, 5 Petunia St, Nudgee, was to a young couple for $530,000. The three bedder on a 607sq m block was on the market for the first time in half a century. 5 Petunia Street, Nudgee. Picture: Realestate.com.auMr Havig said there was much growth to come in the area.“If you’re coming from the CBD, you’ve got Hamilton, Hendra, Nundah, Wavell Heights – it’s a natural progression for these next adjoining suburbs to take off.”last_img read more