70 Fingal Street, Tarragindi QLD 4121

Decision: significant square footage on elevated 622m2 lot, but priced at a premium to area median | rental yield is low near 2% | 50% coverage constraint limits future extension potential | known flood and bushfire free zone, but no heritage overlay—rezoning risk remains manageable | 2014 last sale price anchors outdated basis for current value The property’s 310m2 building footprint commands a $288,000 premium over the Tarragindi median for five-bedroom houses, which is justified only if the buyer can convert that space into income or hold for long-term capital gain. The 2% rental yield is not viable for an investor seeking cash flow, and the 50% site coverage rule caps any subdivision or granny-flat play. The elevated position with skyline views is durable, but the cost of entry here is an expensive bet on future scarcity, not present utility. If you need a home to occupy for a decade, the privacy and room count serve family living well; if you want to flip or leverage, the numbers don’t support it. Competitively, the lack of flood or bushfire overlays and the NBN Hybrid Fibre Coaxial connection are rare in Tarragindi—most comparables sit in hazard-prone or slower-service zones. The double ensuites and three living areas give this floor plan an edge over newer builds that squeeze wet areas to maximise yield. This property best suits an owner-occupier trading up from a smaller house who values immediate liveability over renovation potential. The market has absorbed 41 similar listings this year with 30-day average days on market, which suggests you are not being rushed—commission a building and pest inspection now to confirm the structure warrants the premium, then negotiate from the 2014 basis, not the asking price.