Service station ‘oversupply’ looms in South East Queensland as servos replace corner shops

Dozens of new service stations are popping up across South East Queensland as the fuel industry continues to expand into the space once filled by corner shops.

Across 2019-20, Brisbane City Council accepted nearly 50 development applications for new or upgraded service stations and in the same timeframe approved more than 30.

Data compiled by property group m3property shows that since 2017, about 115 new service stations have opened across South East Queensland.

Savills Australia…