John McGrath’s nine cafe culture home hotspots in Brisbane
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 says cafe culture is an affordable alternative to beach culture traditionally sought after by buyers.
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.
“Given the strength of this trend, it’s no wonder that properties within walking distance of the local café village are increasingly on buyers’ ‘must have’ lists.,” McGrath wrote.
“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.
He recently opened up his fourth McGrath Brisbane office in nine months. Three of his strategically position office locations actually feature on his Brisbane hotspot list.
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He also published a list of Sydney cafe culture hotspots.