Hayden Gay,
Sales Agent at Image Property.
Tarragindi: A Southern Suburb on the Rise
[lwptoc]By Hayden Gay, Image Property
It’s not that common to have a suburb close to the city that boasts its very own forest as well, is it?
But that’s the case for Tarragindi, which is located about eight kilometres south of Brisbane’s CBD and includes Toohey Forest Park within its boundaries.
The forest has long been a favourite with locals and visitors alike given it features about 260 hectares of barbecues, picnics, views, bush-walking tracks, and designated trails for mountain biking.
Of course, the forest and its many attributes is but one attribute of Tarragindi, which is a suburb that has been growing in popularity and prominence over recent years.
Suburb evolution
The suburb’s housing styles have been changing over the years, too, which has gentrified the area and underpinned solid property price growth.
In fact, according to the REIQ, the median house price in Tarragindi increased an impressive 9.5 per cent over the year ending September – a result double of what the wider Brisbane region achieved.
Likewise, over the past five years, Tarragindi’s median house price has increased by 26.3 per cent – again better than the Brisbane result, which was 16.8 per cent over the same period.
Tarragindi used to predominantly feature brick and tile houses built in the ‘60s and ‘70s or tired post-war timber and tin homes, but many have been demolished to make way for new luxury-style homes or significantly renovated to upgrade for modern living.
Changing demographics
It’s this change in housing mix that is not only increasing property prices in the suburb but is also welcoming a new demographic of local residents, many of whom work at one of the nearby hospitals.
The suburb’s retail hub is also evolving with barista-made coffee now a common feature.
Many of the suburb’s residents no doubt also makes the most of the area’s veloway, which is a dedicated cycleway running between Lower River Terrace, South Brisbane, and Eight Mile Plains.
The 17-kilometre cycleway provides a safe and efficient route for people travelling by bike to locations north and south.
Tarragindi’s popularity is also being driven by it being home to two local schools – Wellers Hill State High School and St Elizabeth’s Catholic Primary School.
Wellers Hill State School in particular has fast become a school of choice for discerning parents keen for their children to access a different sort of education.
That’s because the school began a Japanese bilingual program about seven years ago, with students expected to be fluent in the language by Year Five.
Tarragindi’s undulating landscape within a short commute – by bike, car, or public transport – of the city is another feather in the cap of this blooming southern suburb…. with properties in the area expected to continue to grow in popularity and price in the years to come.