Current
Marketplace
What I am seeing on the ground & in the numbers
The ongoing shortage of properties, coupled with rising values, has prompted the government to introduce several incentives in recent years to help first-home buyers enter the market. Ironically, these incentives have further fuelled property growth, with a surge of first-home buyers increasing competition. As supply remains tight, more buyers are competing for fewer homes, often resulting in a frenzy of offers.
I believe your property is going to experience this… what I would say is that we can’t force anyone to buy a property they don’t want and we cant make them pay a price they can’t afford.
Herron Todd White
Property Clock
Herron Todd White is one of the largest independent property valuation firms in Australia. Their vision is to be the most respected and trusted property advisory organisation. Each month, they offer an updated insight into how the real estate market is travelling as a city and potentially what is next for property in that city, click below to view.
Suburb Data -
Taringa, 4068
Last month Taringa had 72 properties available for rent and 55 properties for sale. Median property prices over the last year range from $1,675,500 for houses to $736,000 for units. If you are looking for an investment property, consider houses in Taringa rent out for $750 PW with an annual rental yield of 2.5% and units rent for $620 PW with a rental yield of 4.2%. Taringa has seen an annual compound growth rate of 6.0% for houses and 15.5% for units.
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2 Bedroom unit- $713,000
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+15.1%
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14 Days on Market
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1455 Qualified buyers are currently searching for property in the suburb on Realestate.com.au
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17 - similar unit is For Sale
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85 - Similar units sold in the last 12 Months