Get a property report and suburb profile for any property in Tarragindi

Tarragindi is an established, leafy inner-south Brisbane suburb with quiet, tree-lined streets and a strong suburban feel. Housing is character-filled, with timber Queenslanders, mid-century brick homes and many renovated properties on generous blocks, and the suburb sits beside extensive green space with walking tracks and bushland at Toohey Forest. Local parks, sporting fields, a modest village shopping strip and regular bus routes make everyday recreation and errands straightforward, with easy access to nearby commercial centres and educational campuses.

About 11,035 people live in Tarragindi, with a median age of 37 and a median household income of $2,934 a week. The community is weighted towards couple families with children and owner-occupation is dominant, with around four in five homes owned outright or with a mortgage. Local upgrades are under way, including an intersection improvement and park and community facility works such as a new scooter track and an upgraded outdoor gym.

Buying a house in Tarragindi sits well above local incomes: the median house price of $1,955,000 is about 12.8 times a typical local household's annual income as recorded at the most recent Census. These prices and rents are current while the income figure is from the last Census, so the comparison is against incomes at that time.

If you're renting rather than buying, the rent figures are the immediate ones to watch. A house rent of $830 a week would take about 28.3% of a typical local household's weekly income at the last Census, a moderate share, while a unit rent of $488 a week would be about 16.6%, a modest share. On these figures, buying is noticeably more stretched against local incomes than renting; whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Tarragindi rose 10.2% over the past 12 months, a strong increase in what houses are worth. House rents climbed 9.9% over the same period, a solid rise, while unit rents increased 6.1%. The result is that house capital growth slightly outpaced the growth in the rent those houses earn this year, and house rents grew faster than unit rents.

If rental income is your priority, the house rent movement is the figure that matters; if you are focused on capital growth, the rise in house values is the relevant number. Whether that balance suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.