The Fernery offers a rare opportunity to buy ahead of Brisbane’s property boom.

Market Insights
2 years ago
3 minutes

Leading Queensland developer, Honeycombes Property Group has paired with Australasian commercial real estate investment manager, MaxCap Group, to offer Brisbanites the latest in mixed-use developments. The $140m project, located adjacent to the Ferny Grove train station and bus interchange, will include the Ferny Grove Central shopping precinct and The Fernery - an architecturally designed five-storey building featuring 82 premium apartments. 

The project is geared to breathe new life into the area, curating a homely suburban destination rich in lifestyle amenities and urban conveniences. While The Fernery will sit separate to the retail offerings, its residents will still find a plethora of amenities at their doorstep including groceries at a full-line Woolworths, fitness at Goodlife Gym, early education at Goodstart Early Learning Centre, entertainment at the Cinebar and a range of delicious dining options. 


Andrew Scriven, Residential Director at Colliers International, spoke of the unprecedented early interest in The Fernery with several apartments already under contract to local owner-occupier buyers eager to embrace the unique lifestyle opportunity on offer. He says, “with limited supply of stock in the market and a low vacancy rate, the market is experiencing significant demand and price growth. As a result, buying off-the-plan has become an increasingly attractive proposition, enabling purchasers to lock in the price at today’s value.”

A neighbourhood village atmosphere was the key driving principle when designing the mixed-use development. An extensive planning period invited feedback from the local community to ensure both Ferny Grove Central and The Fernery apartments would not only fit in, but also complement the locale. Peter Honeycombe, Managing Director of Honeycombes Property Group, explains “this is reflected in the interaction leading up to the project’s planning approval. We held more than a dozen different public forums, door-knocked hundreds of residents neighbouring the project and letterbox dropped thousands of information fliers to keep the community informed.” 

Peter continues, “a key focus of the new village was ensuring the building form was in keeping with the surrounding area’s low-density suburban community. We have paid particular attention to ensure the design form for optimum liveability.” 


All apartments at The Fernery are generously proportioned and enhanced with luxurious fittings and fixtures including waterfall reconstituted stone benchtops, engineered timber look flooring and a host of European stainless steel appliances seamlessly integrated into the kitchens. 

“The rooftop facilities and resort type lifestyle at The Fernery capture the spirit of modern lush urban living. The Fernery will take home-entertaining to a whole new level, welcoming your family and friends. The rooftop terrace features an amazing lap pool and multiple barbecue areas for entertaining or to enjoy at your leisure.” 

Peter Honeycombe, Honeycomb Property Group

CoreLogic property reports indicate prices at Ferny Grove have increased over 4% to $628,700 over the past 12 months - offering prospective purchasers added assurance in the investment opportunities presented at The Fernery with 1, 2 and 3 bedroom apartments priced from $352,500.

Buyers should also note that comparable property listings show that prices are expected to increase with The Reserve Bank and major financial institutions forecasting Brisbane’s property prices to skyrocket by 16-30% within the next two years. To register your interest or for more information on The Fernery apartments, click here.