6 Marmion ParadeTaringa QLD 4068
Property Details for 6 Marmion Pde, Taringa
6 Marmion Pde, Taringa is a 5 bedroom, 3 bathroom House and was built in 1990. The property has a land size of 1513m2 and floor size of 302m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Taringa in the last 12 months.
Last Listing description (November 2023)
Savills are delighted to offer for sale for the first time in almost 35 years, this large 1,513sq m* double block located at 4 - 6 Marmion Parade, Taringa.
The underutilised site is nestled on a quiet street, just a stone's throw from the heart of Taringa providing strong connection to transport and a range of amenities. Rarely do opportunities become available to purchase land of this size with 38.4m* of frontage, positioned only 5 kilometres* from the Brisbane CBD.
The site is zoned LMR2 Low-medium density residential (2 or 3 storey mix) within the Taringa Neighbourhood Plan offering untapped development opportunity with a variety of potential land uses.
The site is currently improved with a two-storey detached residential dwelling which includes a pool and tennis court offering a charming family home, strong land holding or future development opportunity.
Highlights
Significant double block which in amalgamation forms a 1,513sq m* inner city development site located 1km* from Toowong Village and 5km*from the Brisbane CBD
Zoned LMR2 Low-medium density residential (2 or 3 storey mix) within the Taringa Neighbourhood Plan offering untapped development opportunity.
Development potential: the site could accommodate; caretaker's accommodation, dual occupancy; residential care facility, aged care facility, rooming accommodation or subdivision for freehold lots or multiple dwellings of up to 2 to 3 storey's (subject to Council approval)
Median house price within Taringa is over $1.5 million with 10.2% growth over the last 12 months.
Existing improvements include a two-storey detached 5-bedroom, 3-bathroom residential dwelling, with a pool and tennis court.
Positioned in a leafy corridor, the property is within walking distance to a number of schools, public parks, cafes and transport options. The core characteristics of the location are highly desirable attributes offering an idyllic lifestyle setting resulting in strong demand within the area.
Brisbane is experiencing significant growth following considerable Public and Private spending on key infrastructure projects across the region in addition to the recent successful tendering of the 2032 Olympic Games
*Approximately
Property History for 6 Marmion Pde, Taringa, QLD 4068
- 02 Feb 2024Sold for $2,970,000
- 09 Feb 2023Listed for Sale $3,000,000
- 15 Aug 1988Sold for $93,000
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0About 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 5,191 properties. Over the last 5 years, Houses in Taringa have seen a 72.19% increase in median value, while Units have seen a 77.79% increase. As at 31 August 2024:
- The median value for Houses in Taringa is $1,475,166 while the median value for Units is $719,201.
- Houses have a median rent of $700 while Units have a median rent of $588.
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