71 Hexham Street, Tarragindi QLD 4121
71 Hexham Street, Tarragindi QLD 4121
Established post-war house | Standard inner-south lot | Family-focused pocket | School catchment appeal | Renovation potential
This property sits in a tightly held inner-south suburb where detached houses on medium lots are the dominant housing form, and demand is driven by families seeking proximity to the CBD without sacrificing yard space. The street pattern suggests a 1950s-era build on a typical residential block, which positions it well for buyers wanting a solid base to renovate or extend rather than a turnkey home. Its strongest competitive edge is the location itself—quiet, established, and within strong school catchments—which gives it broad appeal to owner-occupiers and upgraders who value convenience and character over modern finishes.
The property’s value may be shaped by its condition and the level of updating already completed, as older stock in this pocket varies significantly between original and fully renovated. A bushfire overlay on nearby properties could influence insurance costs, though it does not appear to constrain liveability. Buyers should weigh the potential for future redevelopment in the street, as some larger lots nearby are being repositioned, which may gradually shift the character of the area over time.
|| Comparable Sales: similar 4-bed houses on 560–600m² lots have transacted around $1.4M–$1.5M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, renovation level, and orientation to north-facing outdoor living
Detailed Independent Property Report prepared by PropCred Analyst team for 71 Hexham Street, Tarragindi QLD 4121
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Tarragindi remains a tightly held, family-dominated Brisbane suburb. Demand is driven by established homeowners and professionals seeking long-term residency. House prices are around $1.65–$1.67 million, with annual growth of 12.1% to 19% depending on source. Houses sell in a median 25–26 days, though one source reports 87 days. The unit market is largely inactive, with a median of $907,500 and only one sale. Rental yields are 2.6% for houses and 4.21% for units, reflecting strong prices relative to rents. High ownership (79% families, 20.6% renting) limits supply and supports price stability. The key risks are reduced unit liquidity and limited supply diversity. Future growth relies on continued professional and family demand.
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PropCred Estimated Value
Comparable Sales: similar 4-bed houses on 560–600m² lots have transacted around $1.4M–$1.5M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, renovation level, and orientation to north-facing outdoor living
Bedrooms
3
Bathroom
1
Parking
2
Land
607m²
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