83 Ellington Street, Tarragindi QLD 4121
83 Ellington Street, Tarragindi QLD 4121
Contemporary 5-bed family residence | Elevated leafy position | 2020 built low-maintenance | Pool & separate living zones
This property presents a competitively strong offering for a family seeking a modern, turn-key home in a convenient inner-south location. Its 2020 construction date is a key advantage, delivering a contemporary floor plan with ducted air-conditioning, high-quality finishes, and a low-maintenance design that is rare in a suburb containing older stock. The configuration of five bedrooms with a separate downstairs media or fifth bedroom provides functional separation for a growing family, while the elevated position capitalises on breezes and privacy. It serves buyers prioritising a seamless indoor-outdoor lifestyle with its covered entertaining area and pool, all within walking distance to parks, cafes, and well-regarded school catchments like Wellers Hill State School.
The primary decision point is the land size of 405 square metres, which is below the area typical for many houses in Tarragindi and constrains future expansion, a tangible risk for buyers seeking land-value upside. The absence of a stated north/south orientation requires verification for natural light and thermal performance. The opportunity lies in acquiring a near-new property that eliminates immediate renovation costs and appeals to strong rental demand from similar family profiles, as evidenced by nearby comparable leases. Given its modern appeal and configuration, this property is best acquired as a long-term family home to capitalise on its lifestyle attributes, rather than as a short-term investment play focused on land appreciation.
A relevant comparable sale is the property’s own previous transaction in 2018 for $616,000. While not a recent market comparison, it underscores the significant capital growth experienced. The current estimated value range of $1.45 million to $1.91 million, centred at $1.68 million, must be rigorously tested against recent sales of similar contemporary homes in the immediate precinct, as the provided data lacks these specifics. This gap necessitates a targeted sales search to establish a credible negotiation position.
Detailed Independent Property Report prepared by PropCred Analyst team for 83 Ellington Street, Tarragindi QLD 4121
Market Insight:
Tarragindi is a high-demand, family-dominated suburb with a strong owner-occupier culture, underpinned by a high-income professional demographic. This drives rapid house sales and robust price growth, though the unit market remains notably inactive. Future performance is anchored by this sustained family demand, yet the lack of diverse housing supply presents a key constraint to broader market depth.