Leading Sydney estate agent John McGrath says Brisbane buyers are increasingly swayed by the proximity of cafe culture to potential properties. He says the desire for the cafe lifestyle is one the strongest trends attracting buyers. “While affordability will always be a factor in our property decisions, lifestyle is the fundamental key in our marketplace today,” McGrath wrote on Switzer.
He quotes statistics which says over-65s are leading the trend towards spending more time in cafes. They have doubled the visits they make to cafes since 2008. Next is the under-25s who have increased their visits by a third.
“I think this is particularly so among buyers living on their own in smaller properties. Living alone is a growing trend in Australia and the opportunity to stroll up the road to visit their favourite café for a coffee or a meal is particularly important to them.”
He gives a list of nine areas in Brisbane sought after by buyers seeking a cafe culture.
- The Fortitude valley, Brisbane
- Kelvin Grove
- Ascot & Hamilton
- New Farm
- Bulimba & Bayside
- South Bank
- West End
- Toowong/St Lucia/Chapel Hill
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