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Address

93 Bramston Street, Tarragindi, QLD 4121

Investment Strategy

Knockdown Rebuild

Development Timeline

23/02/2023
Property Purchased
$1,025,000
01/05/2024
Property Sold
$3,300,000
See what it looks like today

Rental Insights

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Source: stashproperty.com.au

Development Stats

2024

Year of Development

426

days held

2.2

Gross Profit

About the Property

About the property:

Address: 93 Bramston Street, Tarragindi, Qld 4121
Land size: 663sqm
House: 5 bedrooms, 3 bathrooms, 3 car spaces
Key features: air conditioning, dishwasher, in ground pool, study
Type: House
School Catchment: Wellers Hill State School and Holland Park State High School
This house is a popular choice for families due to its location within the catchment of good schools and its close proximity to parks and cafes.

From the realestate.com.au listing

Source: stashproperty.com.au

About the Suburb

Tarragindi, QLD 4121 is a family-friendly suburb with a significant population of around 11,000 residents. The age distribution is diverse, with a substantial number of residents falling under the age brackets of 5 to 19 years and 45 to 64 years. The suburb boasts a high percentage of professionals and managers as the top occupations, indicating a well-educated and affluent demographic. Commuting preferences vary, with a notable portion of residents opting to work from home. The suburb also offers good access to public transport options such as buses and trains. Additionally, Tarragindi presents a high level of educational advantage for students attending government schools, as indicated by the ICSEA percentile of 92.0.

For property investors, Tarragindi presents promising opportunities. The median house price is above the neighbouring suburbs but within a reasonable range, making it an attractive location for potential homebuyers looking for affordability. The suburb shows a high market absorption rate, indicating strong demand and potential for property price appreciation. With a median growth rate above 8%, Tarragindi proves to be a suburb with good investment potential. The sale price IQR ratio indicates a high variance in property prices, making it potentially appealing for renovators and developers. Rental yields are also competitive, especially for units, making it an attractive option for investors seeking rental income.

Tarragindi, QLD 4121, offers a balanced lifestyle for residents ranging from young families to professionals and retirees. The suburb’s demographics reflect a mix of educational and occupational backgrounds, contributing to a diverse community. For those considering property investment, Tarragindi presents a strong case with its steady growth, high market absorption rate, and opportunities for renovation projects. With its proximity to essential amenities and a range of housing options, Tarragindi stands out as a suburb worth considering for both home seekers and investors.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Suburb Median
Vacancy Rate
Sales Volume

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