Tarragindi Median House Price Rises to $777,000 Amidst Strong Demand

The REIQ recently reported the latest housing market statistics which showed Tarragindi median house price at $777,000. The median represents an increase of 3.6% over the last 12 months and 41.3% over the last 5 years. In the 2nd quarter of 2018, there were 31 homes sold.

“Currently in the Tarragindi market, we are seeing a strong number of buyers for properties around the median price bracket for Tarragindi,” said Trent Thomas of McGrath Yeronga.

“These properties are usually selling within the first few weeks on the market if presented well. We are also seeing street records being achieved on a number of sales however the higher end of the market is taking a little longer to sell. This might be different post-school holidays.

“Buyer demographic and buyer origin is changing slightly with a noticeable increase in medical and allied health workers and interstate buyers moving into our suburb.”