5/42 Waverley Road, Taringa QLD 4068

5/42 Waverley Road, Taringa QLD 4068
5/42 Waverley Road, Taringa QLD 4068 is a 2-bed, 2-bath, 1-car apartment/unit with an internal area reported at 99 m² and a land/component figure reported as 107 m² on one data source; another source says the building itself was built in 1989. The property was listed for sale on 18 June 2026 as an apartment/unit in Taringa. 2 bed, 2 bath, 1 car | 99 m² floorplan | 1989 build | inner-west Taringa | larger-than-average unit. This unit offers a configuration that is competitively strong for its suburb, with two bedrooms and two bathrooms providing genuine separation for couples or a home-office setup. The 99 m² internal area is notably generous compared to newer builds in the inner west, where compact layouts are common. Built in 1989, the property sits in an established low-rise complex that appeals to buyers who prioritise usable space over brand-new finishes. It is best suited to owner-occupiers, downsizers, or professionals seeking a solid, well-proportioned home close to the CBD without paying a premium for a newer building. The 1989 build year may mean variable renovation quality across the complex, which could affect the unit’s relative appeal if finishes are dated. The property’s location on Waverley Road suggests an urban thoroughfare environment, where traffic noise or redevelopment pressure from nearby sites might be considerations. Buyers should weigh the trade-off between the larger floorplan and the potential for higher ongoing maintenance compared to a newer apartment. The lack of confirmed amenity details, such as a lift or pool, may narrow demand to those valuing space over resort-style features.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/42 Waverley Road, Taringa QLD 4068
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Insight: Taringa QLD 4068

Taringa is a well-located, established suburb with a young, professional demographic driving demand, reflected in strong recent sales activity. The market demonstrates robust growth, particularly for units, which are transacting faster than houses. This is underpinned by a high proportion of educated residents and proximity to major employment hubs. Future performance is supported by consistent buyer interest, though a limited supply of listings and potential rental softness for houses present key considerations.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

554m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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