With a capital gain of 6.74% for the last 12 months, Taringa, 4068 has performed for property investments than its average annual 5.07% property growth over the last 5 years.
While Taringa,4068 ranked number 485th in QLD for increase in median house value (annualised) increase, it is ranked 38th over the last 5 years.
The most recent median price for Taringa is $950000, with sellers offering an average of -8.17% off the asking price.
Property investors should expect to get $490 weekly from the median priced house in this suburb.
Taringa is in the bottom 40% in QLD when comparing median price capital growth over the last year. Taringa gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.33%.
Taking the average capital gain, or increase in median house value, Taringa,4068 has racked up an average of -2.33% over the period. This ranks it number 1232th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Taringa is giving property investors an average Vendor Discount of around -7.58%. This puts suburb at number 62th in QLD when ranking the most discounted suburbs.
Situated 4.65km from the CBD, Taringa is one of Brisbane localities in the postcode 4068.