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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 and professionals due to its proximity to quality schools, parks, and recreational facilities, including the Toohey Forest Park. With convenient access to public transport and major roads, residents enjoy a peaceful lifestyle while remaining well-connected to the city's amenities. Its blend of natural beauty and suburban 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 14.3%, with the current median house price reaching approximately $1.75 million. However, the unit market remains inactive, with no sales recorded and no change in median unit value.

Sales activity for houses has been strong, with 36 houses sold in the past 12 months. Houses are selling quickly, with a median of just 24 days on the market, indicating high demand in the area.

The rental market in Tarragindi has also experienced growth, with house rents increasing by 7.2% and unit rents by 8.9% over the last 12 months. The average rent for houses is now $820, while units average $490, reflecting a healthy rental demand.

HousesUnits
Median price
Past 3 months
$1.95MN/A
Change in value
Past 12 months
13.5%N/A
Sold
Past 3 months
31N/A
Median days on market
Past 12 months
24N/A
Average rent
Past 12 months
$820$490
Change in rent
Past 12 months
6.1%6.5%

5 year median price trend for houses and units

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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 a serene environment for outdoor activities and relaxation.

The suburb's demographic profile highlights its appeal to families, with 56% of households being couple families with children. This is complemented by a significant proportion of couple families without children, making up 30% of the community. The presence of one-parent families, accounting for 12%, adds to the suburb's diverse family structures. Tarragindi's strong community spirit is further reflected in its local schools, community events, and active neighborhood associations.

In terms of housing, Tarragindi offers a mix of property ownership options. A notable 33.2% of properties are owned outright, while 46.2% are owned with a mortgage, indicating a stable and established residential base. The rental market is relatively small, with only 20.6% of properties being rented, which suggests a preference for long-term residency among its inhabitants. The suburb's high median household income of $2,934 per week underscores its appeal to professionals and families seeking a comfortable and convenient lifestyle within close proximity to Brisbane's city center.

Tarragindi infrastructure, key developments and investment opportunities

Tarragindi continues to benefit from its strong transport links, with frequent express bus services to the CBD and convenient access to nearby train stations supporting demand from city commuters and health and education workers linked to nearby hospitals and Griffith University. Proximity to major employment hubs and the South East Freeway, alongside its established café strips and local retail, reinforces Tarragindi’s appeal for professionals seeking a balance of accessibility and suburban living.[2]

Local schools such as Wellers Hill State School and St Elizabeth's School underpin sustained interest from family buyers, with school catchments remaining a key driver of competition for houses in the area.[3] Tarragindi’s leafy streets, parks and established community character are the main lifestyle drawcards, and there are currently no widely publicised large-scale infrastructure or rezoning changes specific to the suburb that are expected to significantly alter property dynamics in the short term.[1]

Tarragindi rental market trends

The rental market in Tarragindi has experienced moderate growth, with house rents increasing by 7.2% over the past year to $820 per week, while unit rents have risen by 8.9% to $490 per week. This suburb continues to attract renters and investors alike, thanks to its appealing residential environment and proximity to Brisbane's city center.

Suburbs near Tarragindi

Some popular suburbs near Tarragindi include:

How does Tarragindi compare to nearby suburbs?

  • Median house prices: Tarragindi’s median house price is 48.9% higher than Greenslopes’s.
  • House price growth: Over the past 12 months, house prices in Tarragindi have grown 4.2% higher than in Greenslopes.
  • Selling speed for houses: Properties in Tarragindi are selling 14.3% faster than in Holland Park.
  • Investment considerations: In Tarragindi, the rental yield for house is 15.7% higher than the Brisbane average, while the rental yield for units is 24.6% lower.
  • House price growth: Over the past 12 months, house prices in Tarragindi have grown 42.9% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Tarragindi have grown 5.4% higher than the average rate of growth for units across Brisbane.

Common questions about Tarragindi

  • Is Tarragindi a nice place to live?

    Tarragindi is a delightful suburb that offers a peaceful and family-friendly environment, making it a charming place to call home. Nestled in the southern part of Brisbane, it is renowned for its serene residential vibe and strong community spirit. The suburb's lush greenery and hilly terrain provide a picturesque backdrop for daily life, and its proximity to the city ensures that residents enjoy the best of both worlds. Families are particularly drawn to Tarragindi due to its excellent schools and abundant parks, which create a nurturing environment for children to grow and play.

    The suburb is well-connected to the city's amenities, with convenient access to public transport and major roads, making commuting a breeze for professionals. While Tarragindi offers a tranquil lifestyle, it is not without its trade-offs. The peaceful atmosphere means that nightlife and entertainment options are limited compared to more bustling areas. However, this is often seen as a positive by those who prefer a quieter, more relaxed pace of life.

    For families, Tarragindi provides a safe and welcoming environment, with a strong sense of community that is evident in local events and neighborhood associations. The suburb's leafy streets and abundance of green spaces offer plenty of opportunities for outdoor activities and relaxation. While the housing market is competitive, the suburb's appeal lies in its blend of natural beauty, suburban convenience, and proximity to Brisbane's city center. Overall, Tarragindi is a fantastic choice for those seeking a harmonious balance between city accessibility and a peaceful suburban lifestyle.

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  • Is it expensive to live in Tarragindi?

    Living in Tarragindi, Brisbane, can be quite costly, especially when it comes to housing. The current median house price is a significant $1,747,500, which is quite high compared to many other suburbs in the Greater Brisbane area. For those considering renting, the average rent for houses is $820 per week, while units are more affordable at $490 per week. However, it's important to note that there are currently no units for sale, which might limit options for those looking to buy more affordable property.

    When we look at the income side of things, the median total household income in Tarragindi is $2,934 per week. This is relatively higher than the average taxable income in Greater Brisbane, which is around $73,000 per year, translating to about $1,404 per week. Given these figures, while the household income in Tarragindi is higher than the Brisbane average, the high property prices and rent can still take up a large chunk of one's earnings.

    Overall, if you're thinking of living in Tarragindi, it's essential to consider the financial implications. While the suburb offers the convenience of inner-city living and a pleasant residential environment, the cost of housing is a significant factor to weigh against your income and lifestyle preferences.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Tarragindi a good place to invest?

    Tarragindi is shaping up to be a promising suburb for investment, especially if you're considering the housing market. Over the past year, the median house value in Tarragindi has surged by an impressive 14.3%, indicating strong demand and potential for capital growth. This upward trend in house prices suggests that the suburb is gaining popularity, likely due to its appealing residential environment and proximity to key amenities.

    While the median unit value hasn't changed over the past year, the rental market for both houses and units has shown positive growth. House rents have increased by 7.2%, and unit rents have risen by 8.9%, reflecting a healthy demand for rental properties. This makes Tarragindi an attractive option for investors seeking reliable rental income, as the suburb continues to draw in tenants looking for a well-connected and vibrant community.

    Overall, Tarragindi offers a balanced mix of capital growth potential and rental yield, particularly in the housing sector. Its steady rental market and recent surge in house values make it a suburb worth considering for those looking to invest in a stable and growing area.

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Choose the right real estate agents in Tarragindi

Choosing the right real estate agent in Tarragindi can have a big impact on your sale. While there are 75 real estate agents working in the suburb, but just 5 of them were responsible for 49.3% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.47% to 3.01%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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