Tarragindi suburb profile
Tarragindi is a leafy suburb located approximately 8km south of Brisbane's CBD, known for its tranquil residential atmosphere and strong community spirit. The suburb is characterized by its hilly terrain, offering scenic views and a mix of post-war homes and modern residences. Tarragindi is popular among families due to its excellent schools, parks, and recreational facilities, including the expansive Toohey Forest Park. With convenient access to major roads and public transport, residents enjoy easy connectivity to the city while benefiting from a peaceful suburban lifestyle. Its blend of natural beauty and urban convenience makes Tarragindi a desirable place to live.
Tarragindi property market performance
Tarragindi's property market has shown robust growth over the past 12 months, particularly in the housing sector. House values have surged by 14.7%, with the median house price reaching $1.61 million. In contrast, unit values have remained stable, with no change over the same period, maintaining a median price of $500,000.
Sales activity has been more pronounced in the housing market, with 49 houses sold compared to just 3 units in the past 12 months. Both houses and units are selling quickly, with median days on market at 18 and 16 days, respectively, indicating strong demand across the board.
The rental market in Tarragindi has also experienced growth, with house rents increasing by 8.3% and unit rents by 5.3% over the last 12 months. The average rent for houses now stands at $750, while units average $395, reflecting a healthy rental demand in the suburb.
Median price - houses$1.70MPast 3 months
Median price - units$500KPast 3 months
Change in value - houses14.9%12 months
Change in value - units-8.8%12 months
Houses sold53Past 3 months
Units sold3Past 3 months
Median DOM - houses19Past 12 months
Median DOM - units16.5Past 12 months
Average rent - houses$750Past 12 months
Average rent - units$390Past 12 months
Change in rent - houses7.1%Past 12 months
Change in rent - units4.0%Past 12 months
Tarragindi demographics
Tarragindi, a leafy suburb located in Brisbane's south, is known for its family-friendly atmosphere and strong sense of community. With a population of 11,035 and a median age of 37, it is a suburb that appeals to both young families and established residents. The area is characterized by its abundance of green spaces, including parks and nature reserves, which provide ample opportunities for outdoor activities and relaxation.
The suburb's demographic profile is predominantly composed of couple families with children, making up 56% of the population. This highlights Tarragindi's appeal to families seeking a supportive environment with access to quality schools and community facilities. Additionally, 30% of households are couple families without children, indicating a diverse mix of residents who appreciate the suburb's peaceful and convenient lifestyle.
In terms of property ownership, Tarragindi exhibits a strong sense of stability, with 33.2% of homes owned outright and 46.2% owned with a mortgage. This reflects a community that values homeownership and long-term residency. The rental market is relatively small, with only 20.6% of properties being rented, which further underscores the suburb's appeal to those looking for a permanent place to call home. With a median total household income of $2,934 per week, Tarragindi is a prosperous suburb that offers a high quality of life for its residents.
Tarragindi infrastructure, key developments and investment opportunities
Tarragindi is experiencing several developments that may impact its property market. The suburb is set to benefit from the Brisbane Metro project, with improved public transport connections to the city. A new community garden initiative has been launched, enhancing green spaces and community engagement. The local Wellers Hill State School continues to attract families with its renowned bilingual Japanese program.
Infrastructure improvements include upgrades to local parks and walking trails, particularly in the Toohey Forest area, increasing recreational options for residents. The nearby Griffith University Nathan campus expansion may drive demand for student accommodation. These developments, combined with Tarragindi's proximity to the CBD and its family-friendly atmosphere, are likely to maintain strong interest in the local property market.
Tarragindi rental market trends
The rental market in Tarragindi has experienced moderate growth, with house rents increasing 8.3% over the past year to $750 per week, while unit rents have risen 5.3% to $395 per week. With its family-friendly environment and proximity to Brisbane's CBD, Tarragindi continues to attract renters and investors seeking a balanced lifestyle and solid returns.
Suburbs near Tarragindi
Some popular suburbs near Tarragindi include: