FOR SALE
Offers over $2,000,000

40 Ellerslie Crescent
Taringa QLD 4068

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
Land area: 928m2
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Full of Charm and bursting with Potential

Boasting an impressive 928m2 parcel of land and a coveted north-facing aspect, this property is a rare find in one of Taringa's most esteemed streets. Ellerslie Crescent is renowned for its elevation, privacy, and predominantly house-dominated landscape, offering the perfect blend of tranquility and accessibility.
Stepping into this charming residence, you'll immediately be captivated by its old-world charm, thoughtfully designed to embrace Brisbane's enviable climate and lifestyle. With spacious interiors featuring multiple living areas, 6 bedrooms, 2 bathrooms, a study, and a large undercover patio downstairs accompanied by a balcony stretching the width of the property, there's no shortage of room to relax and entertain.
Currently generating a steady income of $900 per week through tenancy until December, this property presents an enticing investment opportunity. Beyond its immediate appeal, the potential for renovation or development (subject to council approval) opens the door to endless and exciting possibilities.
Situated in close proximity to dining and shopping precincts such as Toowong Village and Indooroopilly Shopping Centre, as well as the local Gailey 5-ways precinct just a short stroll away, convenience is at your fingertips. Easy access to multiple modes of transport and excellent public-school catchments for both primary and secondary education can also be added to the long list of attributes…lets not forget that one of Brisbane's finest Universities is a suburb away in St Lucia.
Only 5km from Brisbane City, seize the chance to create your dream lifestyle in this coveted Taringa locale.
Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information provided here is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed.

Property Details for 40 Ellerslie Cres, Taringa

40 Ellerslie Cres, Taringa is a 6 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 928m2. The place is currently for sale with Raine & Horne Brisbane West.

Building Type
House
Land Size
928m2

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About Taringa 4068

The size of Taringa is approximately 2.1 square kilometres. It has 10 parks covering nearly 9.1% of total area. The population of Taringa in 2011 was 7,175 people. By 2016 the population was 8,386 showing a population growth of 16.9% in the area during that time. The predominant age group in Taringa is 20-29 years. Households in Taringa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taringa work in a professional occupation. In 2011, 46.1% of the homes in Taringa were owner-occupied compared with 43.6% in 2016.

Taringa has 5,144 properties. Over the last 5 years, Houses in Taringa have seen a 82.02% increase in median value, while Units have seen a 77.28% increase. As at 31 October 2024:

  • The median value for Houses in Taringa is $1,598,324 while the median value for Units is $735,099.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 42 properties listed for sale, and 21 properties listed for rent in Taringa on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Taringa.

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Louie Maxwell
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Raine & Horne Brisbane West
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