Taringa is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4068). With a population of 8,732, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $99K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Taringa is $1.6 million, having grown strongly 5.2% over the past year. Units have a median price of $629,000 (+23.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,900.
Public transport access includes 1 rail station, 64 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Taringa offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 16.6x is considered stretched. House prices have moved +5.2% year-on-year.
Taringa is a mid-sized suburb in Queensland within the Brisbane local government area (postcode 4068). With a population of 8,732, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $99K per year, with an average household size of 2.2 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Taringa is $1.6 million, having grown strongly 5.2% over the past year. Units have a median price of $629,000 (+23.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,900.
Public transport access includes 1 rail station, 64 bus stops. Healthcare facilities include 2 private hospitals. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Taringa offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 16.6x is considered stretched. House prices have moved +5.2% year-on-year.