Greenslopes Archives - Page 6 of 9

Greenslopes Property Market Joins the Million-Dollar Club in 2021

The Greenslopes property market has broken into Queensland’s million-dollar club in 2021, following a banner year of record low-interest rates, low levels of stocks, and interstate migration.

Greenslopes House Price Growth

Data from Property Market Updates show the Greenslopes property market’s growth, with the median rising by 18.13 per cent for the period covering January to December 2021. The median house price has breached the one million mark at $1,010,000.

House values in this suburb have had a steady growth in the last decade with many properties selling slightly above their listed prices. For this period, 105 properties were sold within a quick turnaround of just 26 average days on market, especially for three-bedroom homes.

The demographic in Greenslopes comprises young families and professionals who can invest in a prime piece of real estate. The Greenslopes property market continues to attract strong demand because investors have plenty of opportunities for securing tenants given that over 50 per cent of the suburb’s population are renters.

Greenslopes Unit Price Growth

Units in Greenslopes, however, saw a modest increase compared to houses for January to December 2021 with an 8.97 per cent growth from last year. The increase has set the median unit price at $425,000, following last year’s low of $390,000.

There were 221 units sold for this period with an average listing of 49 days on market. Two-bedroom units had the highest demand, mostly from professionals employed at the hospitals. Even with the unit value’s increase, Greenslopes is still one of the most affordable suburbs for units within 10 kilometres of the CBD.

About Greenslopes

Reasonably located near the CBD, Greenslopes is an easy commute for many Brisbane locals for its proximity to the motorway. Whilst it is mostly residential, Greenslopes is known for Greenslopes Private Hospital, a leading teaching hospital and a major employer of the city.

This neighbourly suburb provides residents with all the conveniences with the Greenslopes Mall and the Stones Corner Village shopping centres nearby. The suburb is also a short distance from Woolloongabba and Coorparoo, which are filled with the trendiest dining places,

As for outdoor recreations and healthy activities, Greenslopes has green spaces like Hanlon Park, Ekibin Park, and the Greenslopes Bowls Club. The area also provides a mix of schools, including medical colleges.

Whilst there are still some stunning pre-war character homes in Greenslopes, there are plenty of unit blocks and modern apartment complexes in the suburb for professionals or couples.

“Greenslopes is great for families. We relocated from Victoria over 18 years ago and have never looked back. We had a great selection of schools, both private and public. All schools in the area offer quality education. There are many sporting clubs in and around the area. Close to the Gabba for AFL and Cricket. The public transport is great, especially great when you have teenage children. Even though we are very close to the city, traffic noise in our area is very minimal. To drive into the city during non peak hour take about 7 -10 minutes, a bit longer during peak time.”
Gail

“Greenslopes is pretty good by way of public transport in terms of volume of services, although buses are often late. It is conveniently located close to the city, has good grocery facilities, and an excellent network of bike paths. Getting out of the suburb can be problematic in peak times, due to the build-up of traffic on both the Pacific Motorway and the Riverside Express, but usually, it is hassle-free. There are some nice parks in the area and it feels pretty safe. Its dining scene won’t set the world on fire but it is improving. Greenslopes feels like a suburb on the cusp of renewal.”
BrisB

Greenslopes Discount Drug Store Marks Two Decades In Business In A Special Way

Greenslopes Discount Drug Store at the Greenslopes Mall in Logan Road is marking 20 years in business in a very special way!

“After being one of the longest standing pharmacies in the area, we’ve formed some really strong relationships with members of our close-knit community,” David Su, owner of Greenslopes Discount Drug Store said.

Mr Su is also celebrating a 20-year milestone, after joining the pharmacy as an intern in 2001. After eight years as an intern, he became the owner of the store.

With the help of his wife, Ka-Man, the store has grown to include a staff has grown to 14 workers since then, including five pharmacists.

The pharmacist-businessman acknowledged that his customers have been instrumental in the store’s longevity and success.

“Throughout the twenty years that I’ve been part of Greenslopes pharmacy we’ve had to continuously evolve as the demographics of the area have shifted,” Mr Su said.

To celebrate two decades in business Mr Su has decided to hold an exciting contest. To join, shoppers may simply buy anything from the Greenslopes Discount Drug Store until 31 December 2021 and sign up for a DiscountPlus™ loyalty membership.

One lucky shopper could find himself the lucky recipient of $20,000!

“It would be great to see one of our local customers take out the prize and help us celebrate 20 years of Discount Drug Stores,” Mr Su said.

Greenslopes Discount Drug Store — Photo Credit: Supplied

“A philosophy that I’ve upheld over the years is that if you look after your customers, the rest will come easily,” he added.

“I’m really proud that our pharmacy has become an integral part of the Greenslopes community and that we’ve been able to form such close bonds with our loyal customers.”

For more information, visit Greenslopes Discount Drug Store on Logan Road or check out the official site.

Greenslopes Property Market Flexes Its High-Price Growth Potential

Greenslopes is flexing its potential for growth following its strong performance within the 12-month period ending June 2021, as soaring buyer demand in Brisbane’s red-hot property market continues despite the pandemic.

House Price Growth

Figures from Property Market Updates reveal that between July 2020 to June 2021, the median house price in Greenslopes has risen to $900,000 from $790,000 in the previous year, reflecting a 13.92 per cent growth which has kept this suburb on the list of Brisbane’s top performers.

The Greenslopes property market has been flexing its high growth potential in recent years as the median house price continues to rise annually, to its present level in 2021 where the house prices have risen more than the average wage per year.

On average, house prices from 2018 to 2021 have risen by approximately $90,000 annually. The median income of Greenslopes residents is between $60,000 to $70,000 per annum.

Buyers who want access to high-demand suburbs pick Greenslopes for a better return of investment and value for money, considering it a still more affordable alternative to neighbours like Camp Hill and Coorparoo.

113 houses sold in this time period after an average of 62 days on the market. Buyers compete for two and three-bedroom houses but the highest-selling house stands on an elevated allotment on Henzell Terrace, one of Greenslopes’ most exclusive family-friendly enclaves, for $3,300,000.

The renovated 1922 home with six bedrooms offers beautiful suburban views and a modern aesthetic. It is within the catchment of the Greenslopes State School and Cavendish Road State High School.

Unit Price Growth

A majority of Greenslopes residents are renters who work at the hospitals in the area, or in nearby inner-city suburbs like South Brisbane, West End, or Woolloongabba. With strong rental demand, buyers are keen to purchase units with high prices for investment purposes. Thus, it’s no surprise that Greenslopes’ unit property growth grew by 11.26 per cent in the period ending June 2021, with 196 units sold.

The current median unit price is now at $405,000, up from $364,000 last year. Units are quick sells on the market for an average of 45 days.

About Greenslopes

Being close to the motorway brings convenience to Greenslopes locals, which makes this place one of the easiest choices for home buyers and investors. Filled with a mix of old homes, modern houses and apartment blocks, this leafy locale close to the city — but still quiet and peaceful — attracts young families, professionals, or downsizers and retirees.

A former farming town, Greenslopes has risen to be one of the more popular and sought-after suburbs in Brisbane by investors, especially with the revitalisation of Stones Corner. Families love this suburb for its great choices of quality schools, a number of sporting clubs and community hubs, and generous green spaces like Hanlon Park and Ekibin Park. The shopping precinct has a variety of retailers with convenient parking and easy transport access.

Greenslopes is also home to some of Brisbane’s major hospitals with excellent medical care, such as The Princess Alexandra Hospital and Greenslopes Private Hospital. The hospitals are two of the suburb’s biggest drawcards, driving up the median prices.

“Excellent accessibility to public transport, bikeways and motorway. Lots of green space and playgrounds for kids. Great local community full of diversity thanks to the many different property types – older units, new units and lots of young families. Local park run and walking groups and awesome cafes and access to shopping such as Aldi, IGA and Coles. We’ve been here 13 years and love it!”
ChristineBM

“Public transport is close by, as is access to the SE Freeway. Greenslopes Mall has Coles and take away shops. People are friendly. Lots of families and professionals. I like it.”
Ryant12

“My partner and I purchased our first home in Greenslopes in Dec 2018. We were drawn to the area for the value for money, proximity to the city and motorways and potential for stones corner to become a cool bar, dining and shopping hub. Shops are super close and handy and everyone has been so friendly so far.”
Julesgreenslopes

Australian Red Cross Centre in Greenslopes Up for Demolition

Despite an initial plan to rehabilitate the former Australian Red Cross Centre in Greenslopes, changes are now underway to demolish the old building and put a public park in its place.

The intention to buy the land on Headfort Street from the Department of Veterans Affairs was laid out in a Council letter to residents. The decision was deemed the more cost-effective solution to the historical site, which has been highly contaminated and closed off to the public since 2013 due to the presence of asbestos.

The cost of retaining and renovating the building would set back the government between $5.4 to $7.5 million. On the other hand, full demolition and removal of all hazardous material would cost $1.8 million.

The creation of the parkland will preserve most of the heritage-listed elements of the property. A portion of the area will also be allocated for the headquarters of Legacy Queensland, a non-profit that supports the families of the veterans if they decide to erect a building.

On 16 September, EPB Notice 2021/8997 was issued approving the demolition of all hazardous materials and removal of contaminated soil from the site. Following the earthworks, the land will be turned over to Brisbane City for community use.

Councillor Fiona Cunningham said that the residents of Greenslopes have asked for the park since there is no such public space for families within the precinct. They will work with DVA to plan out a “heritage strategy” in designing the new public space.

“Council has also had discussions with Legacy, an organisation with deep connection to this site, about a portion of the land being used for their services for the families of our veterans,” the councillor said.

“While it is sad to see the buildings go, I believe it is important to provide certainty to residents about the future of the site. I am also pleased that we will be able to provide new parkland for local families and community use that will honour the site’s history.”

New Restaurant Brings The Unique Flavours Of India To Greenslopes and Stones Corner

Photo credit: Soo Delhi/Facebook

Soo Delhi is a newly opened restaurant in the heart of Stones Corner, celebrating Indian home cooking with a combination of classic and unique Indian fare.

Read: Greenslopes Clinic Finalist At 2021 HESTA Excellence Awards

In a move away from the predominance of curry dishes typically found in Indian restaurants across Brisbane, Soo Delhi offers only a handful of curries. These are their Malai chicken tikka, butter chicken, a lamb shank option, palak paneer, a grilled salmon curry, and dal makhni.

The stars at Soo Delhi are the “Sooji Kesar Halva,” a semolina halva cooked in ghee and the “Shahi Tukda,” an Indian-style bread and butter pudding. Those who are looking for something new to try should go for kebab-like rolls loaded with lamb and goat.

The restaurant is co-owned by Manita Arnold, a well-known cafe owner who used to run the Pearl Cafe in Woolloongabba. The cafe was considered a Brisbane dining institution, having run for over 14 years before it ceased trading in 2020 after the new owners failed to access government help during the pandemic.

The Indian restaurant’s business model takes inspiration from Delhi’s restaurants, where only around five to six curry dishes are on offer instead of having dozens of curries on the menu. All the items on Soo Delhi’s menu are family recipes passed on from generations, which adds a home-cooked feel to their food.

“All the food is extremely tasty, flavoursome and keeps you wanting to come back for more! I’ve never come across an Indian restaurant in Brissy that offers such unique dishes, rather than your regular butter chicken,” said local guide Vivian Nguyen.

Arnold, also a winemaking professional, ensures the restaurant will have a good wine list once they are available. Right now, they are still waiting for their liquor license. For the meantime, they allow BYO for lunch and dinner from Wednesday to Sunday.

Soo Delhi accepts dine-in, takeaway, and no-contact delivery orders. Follow them on Facebook or on Instagram for updates and more information, including trading hours and the menu.

Greenslopes Clinic Finalist At 2021 HESTA Excellence Awards

Photo credit: @restorefunctionphysio/Instagram

Restore Function Physiotherapy, located in Greenslopes, has been selected to be one of the finalists for the Outstanding Organisations category at the 2021 HESTA Excellence Awards, which recognises Australia’s top organisations and teams working across allied health, aged care, community and disability services.

Read: Greenslopes Grandfather With Spinal Cord Injury Plans Travel Fundraiser

Restore Function Physiotherapy is founded by Miranda O’Hara, who was instrumental in developing the AFLW’s Prep to Play injury risk reduction program during her time as head of the Brisbane Lions’ AFLW Medical Department. Because of Ms O’Hara’s hard work, the strategies resulted in only two Brisbane Lions AFLW players being unavailable for selection due to injury.

Photo credit: @restorefunctionphysio/Instagram

She completed her Masters of Musculoskeletal and Sports Physiotherapy at Griffith University in 2014. During this time, Miranda joined the Physiotherapy teaching team at Australian Catholic University and also provided clinical education to the Masters of Musculoskeletal and Sports Physiotherapy students at Griffith University.

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A post shared by RestoreFunctionPhysio (@restorefunctionphysio)

Ms O’Hara started Restore Function Physiotherapy in 2012 as a specialised sports physiotherapy & rehab clinic. Now, the clinic offers an array of services, specialising in musculoskeletal conditions, sporting injuries, women’s health and spinal pain and neurological rehabilitation.

She’s joined by a team of physiotherapists who have years of experience in treating all kinds of muscle and joint pains – from everyday sore necks and backs to torn ACL’s on the sporting field. To know more about their services, see Restore Function Physiotherapy’s website or call at 07 3148 4417.

HESTA Winners Announced

HESTA Excellence Awards announced the national winners this year in a virtual ceremony on 25 August 2021. Earbus Foundation of WA (EFWA) wins the Outstanding Organisation for their work to reduce middle ear disease in young Aboriginal and Torres Strait Islander children. For the list of all winners, visit www.hesta.com.au.

Greenslopes Unit Block Sells for $1.755 Million from $1.41 Million in 3 Months

An old apartment block in Greenslopes, located within walking distance of Greenslopes’ hospital and shopping precincts, has sold for $1.76 million, after a previous local investor bought the property for $1.41 million, three months before.

Located within walking distance of Greenslopes’ hospital and shopping precincts, the apartment block on 16 Denman Street has four units that averagely fetch a weekly rent of $1,200. The units’ rent could potentially increase with some improvements or developments to the ageing building.

Spanning 809 square metres, the residential site has a common area on the ground floor with some storerooms, laundries, and separate garages fitted for two cars. The property’s four units have different floor plans with the biggest house offering three bedrooms and an exclusive ground floor area. All of the units are currently leased.

The property agents said that investors have been “looking for this type of asset” because of its prime location and income potential. Seven registered bidders took interest in the property during the weekend auction in early July 2021.

According to realestate.com.au, the site could be redeveloped with new multiple homes subject to Council approval.

At least 56 percent of Greenslopes locals are renters. The suburb has a consistently strong demand for units from young professionals working in the CBD, which is just six kilometres away.

The suburb’s biggest drawcard is Greenslopes Private Hospital, which has also brought more jobs to the area. The hospital is also a major factor for the older community and retirees.

Greenslopes has approximately 9,000 residents whose working population earns a weekly income of $1,671 or above the country’s average. As of June 2021, the median rent in this suburb is $380 a week for a two-bedroom unit.

Petrol Prices Up! Here’s Where Greenslopes Locals Can Get Them Lower

Petrol prices are still high in Brisbane with an average price of 164.9 cents per litre (cpl) as of 7 July 2021. That’s down a bit from previous days, a trend which hopefully continues, but still higher than those in other capital cities in the country. Those looking for cheaper petrol can check out Caltex Woolloongabba at 118 Logan Rd where the price has held steady at the 136.5 cpl mark so far.

Shell Galloways Hill on Hawthorne Rd is at 157.9 cpl as of 6 July, while Bizzells Garage on Latrobe Terrace is at 159.9 cpl as of 5 July.

However, 80 percent of service stations around Brisbane and the Gold Coast are selling unleaded petrol for more than 170 cpl, exceeding the all-time record high in December 2019. Below are the cheapest rates in Brisbane’s southeast as of 27 June to 7 July:

CHECK FOR FAIR FUEL PRIcEs

RACQ spokesperson Renee Smith explains the reason for the high price, attributing the situation to a “triple whammy.”

“We’re at the high point in the fuel cycle in SEQ, oil prices are at a two year high and retailers have retained unreasonably high retail margins,” Ms Smith said.

“During the pandemic servos had high indicative retail margins because so many people weren’t driving so fuel sales volumes were low – but now sales are back to normal the fact they’re still charging these exorbitant prices is frankly unfair,” she added.

In June, RACQ released a report citing that retail petrol prices will continue to tick upward in the coming months, with Brisbane residents paying more compared to locals at other capital cities in Australia.

Meanwhile, Smith recommends downloading RACQ Fair Fuel Finder app (Android or iOS) so the motorists can do a price comparison. A difference of a few cents will encourage retailers to keep their prices competitive.

“If you’re unable to find a better deal in your area then top for now to get you through until prices the next cheap phase, which could take up to three weeks,” Ms Smith added.

The Cost of Driving Your Car

Apart from the petrol price increase, the cost of driving a car in Brisbane is up by 1.7 percent on 1 July due to the increase in licence and registration fees.

“The cost of a five-year licence climbed to $187.10, while those driving a four-cylinder car will have to pay $399.55 per year to register their vehicle,” RACQ spokesperson Lauren Ritchie said.

Motorists will also have to pay higher for use of toll roads and parking in Brisbane CBD. Per the Brisbane Consumer Price Index (BCPI), parking rates in Brisbane CBD have gone up six percent at $5.50 per hour. Ms Ritchie also warned that motorists who violate road rules are bound to pay higher penalties, which has increased across Queensland by 3.3 percent.

With these rising costs, Brisbane car owners are finding ways to save money where they can, such as patronising service stations with lower petrol rates.

Charlie’s Raw Squeeze Greenslopes Accepts Contactless Qoin Payments

Great news for consumers who love the convenience of contactless payments and digital currency! Charlie’s Raw Squeeze has rolled out Qoin (pronounced as “coin”) as its newest payment option in Greenslopes and five other stores.

The popular plant-based juice bar and healthy cafe, located in Old Cleveland Road, is one of six Charlie’s Raw Squeeze stores now accepting Qoin payments, along with the outlets in Ashgrove, Clayfield, Clontarf, Morningside and North Lakes.

Owners Johnny and Michael Tabet are eager to adopt the system in its other locations, including outlets of their juice bar’s sister company, MooFree Burger.

“We get at least one new customer per day coming in because we accept Qoin. They get excited when they can pay in 100% Qoin,” Michael said. “We really liked Qoin because we saw it as a community supporting small businesses.”

“When I heard that Charlie’s Raw Squeeze was in the Qoin directory, I was very excited as I had heard of that brand before,” a regular at the Greenslopes store said. “When I went in there for breakfast, paying in Qoin was quick and simple. The staff are well trained in Qoin. It was such an easy experience. I absolutely love dining out on Qoin!”

With Qoin, the Tabet brothers’ businesses could become competitive against big chains and larger enterprises that have all the resources at their disposal. Thus, the digital currency will be a significant part of the growth of their operations as the pair carries out plans to expand across Australia.

According to Qoin Chief Marketing Officer Andrew Barke, over 34,000 small businesses nationwide have signed up for their services in the last 12 months. Compared to other digital currencies, Qoin’s infrastructure and the system fit well for small businesses.

“Australian small businesses are looking for innovative ways to sustain cash flow and make the most of their downtime. Qoin enables them to do both while offering a payment method to their customers that is fast, secure and virtually contactless,” Mr Barke said. “The value of Qoin increases as the merchant ecosystem grows.”

Meanwhile, follow Charlie’s Raw Squeeze Greenslopes on Facebook to get updates on their latest deals or scrumptiously healthy food and drinks. The store opens daily from 7:00 a.m. to 5:00 p.m.

‘Plus-size Only’: Greenslopes Wedding Boutique A First In The City

Photo credit: curvebridalboutique.com

For the longest time, plus-size women have struggled to find a wedding dress to fit their needs, literally and figuratively. This was enough motivation for Erin McKenna and her team to launch Curve Bridal Boutique, the first plus-size only boutique in Brisbane located at Greenslopes.

At Curve Bridal Boutique, there are no dresses available for women size 6-12. Instead, their dresses come in sizes 16 to 30, in over 100 different styles and colours.

Erin was inspired to open Curve Bridal Boutique when she saw first hand how tough it was for her mum to find a wedding gown. The dilemma, based on what Erin experienced, is that women eventually need to pay a plus-size fee if they want a plus-size gown.

“Our whole purpose is to provide a home for the modern curvaceous bride. We started from humble beginnings but with big dreams for the plus-size and Curvy woman,” Erin shared on her website.

Erin and her team’s effort eventually paid off, with previous clients recommending their wedding boutique online.

“From the moment I walked in they made me feel so comfortable. They knew what would suit my body and skin tone, they knew which curves to hide and which ones to accentuate. They made me feel absolutely beautiful in every dress I tried on,” says Jess, one of Curve Bridal’s previous customers.

Lesley, another bride, complemented Erin and her team for being so professional and welcoming. She said past experiences shopping for a wedding dress has been stressful, but not until she checked out Curve Bridal.

Unlike other boutiques where brides stand side by side on a podium whilst trying their gown for the first time, Curve Bridal has private fitting rooms so brides wouldn’t have to compare themselves against each other. The boutique also designs handmade wedding gowns, for brides who want their custom dream gown as well as formal wear for events.

Curve Bridal is located at 2/371 Logan Rd Greenslopes and is open by appointment only from Thursday to Saturday. You can check out their website to get in touch or follow them on Instagram @curvebridalboutique for updates.