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Taigum real estate and property market

Taigum, a suburban area in Queensland, presents a promising real estate market with a balance between houses and units. The median price for houses is about $870,192, while units are priced at approximately $521,442. Over the past year, house values have remained stable, and unit values have seen a significant increase of around 14.29%. This growth in the unit market signifies Taigum's increasing attractiveness, particularly for those looking for modern living spaces.

Taigum market performance and demographics

The Taigum property market has seen considerable activity, with 44 houses and 107 units sold in the last year. The ​​average days on market (DOM) for houses is 22 days, and for units, it's an impressive 15.5 days. These figures indicate a healthy demand for properties in Taigum, with units moving particularly quickly, showcasing the area's growing appeal.

Median price - houses$870,192Past month

Median price - units$521,442Past month

Change in value - houses0.00%12 months

Change in value - units14.29%12 months

Houses sold44Past 12 months

Units sold107Past 12 months

Median DOM - houses2212 months

Median DOM - units15.512 months

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Find and compare the best real estate agents in Taigum

In Taigum, the varied property market requires knowledgeable real estate agents who can navigate both the house and unit segments effectively. These agents offer expertise in local market conditions, aiding buyers and sellers to make well-informed decisions that align with their real estate goals.

Taigum suburb profile

Taigum is known for its peaceful and family-friendly environment, making it an ideal place for families and individuals seeking a calm and comfortable lifestyle. The suburb combines the convenience of city living with the tranquility of suburban life, offering residents the best of both worlds.

Suburbs near Taigum

Adjacent to Taigum are suburbs like Newstead, Fortitude Valley, and Petrie, each offering distinct residential experiences. This range of nearby suburbs provides a variety of living options, from the urban excitement of Newstead and Fortitude Valley to the more relaxed and suburban atmosphere of places like Petrie.

Common questions about Taigum

  • Is Taigum a good place to invest?

    Taigum has shown steady growth in the property market, with a 6.33% increase in median house prices over the past year. The average annual growth rate for houses in Taigum is 2.33%, indicating a stable market. Units have also experienced growth, with an annual growth rate of 4.25%. While not as high-growth as some other suburbs, Taigum offers potential for long-term investment. Rental yields are moderate, with a median weekly rent of $440 for houses and $385 for units​​​​.

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  • Is Taigum expensive to live in?

    Taigum provides a relatively affordable cost of living compared to some of the more upscale suburbs in Brisbane. The median house price in Taigum is $560,000, while units have a median price of $382,500. Rental yields are reasonable, with houses offering a yield of approximately 4.09% and units at 5.28%. This makes Taigum an attractive option for those looking for affordability without compromising on amenities​​.

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  • What is the liveability of Taigum?

    Taigum is known for its family-friendly atmosphere and affordability. It offers easy access to schools, parks, and shopping centers, making it suitable for families and professionals. The area boasts recreational options like the Taigum Square Shopping Center and the nearby Boondall Entertainment Center. While it may not have the same level of nightlife as some inner-city suburbs, Taigum provides a peaceful and comfortable living environment, with a strong sense of community​​.

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