57 Downes St, Tarragindi is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 733m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Tarragindi in the last 12 months.
Built in 1949 and held by just two families, this charming post-war residence is rich in character and art deco influences. Situated in a prime Tarragindi location, it offers a unique opportunity for renovation, extension, new construction, or immediate enjoyment.
Character and Charm:
This home exudes timeless elegance with its high ceilings, intricate ceiling roses, decorative architraves, and rich hardwood flooring and panelling. Picture rails, French doors, and bay windows add to its inviting charm, making every room feel warm and welcoming.
Development Potential:
The expansive 733m² block presents significant potential for capitalisation, whether you're interested in renovating the existing home or removing and starting anew (STCA), this property offers a blank canvas to create your ideal residence. The potential for value appreciation in this desirable location is substantial. Council records confirm that the house was not present in 1946, with approval for its construction granted in 1949.
Prime Location:
Located in one of Brisbane's blue-chip suburbs, just 6km from the CBD. Enjoy easy access to public transport, PA, Mater, and Greenslopes Hospitals, schools, shops, and major arterials including the M1 to the City, M7 to the Gold Coast, and Clem 7 to the Brisbane Airport. The area is also walkable to local shops, parks, bikeways, and cafes. This leafy suburb, adjacent to Toohey Forest and Tarragindi Recreation Reserve, is highly sought-after by families and offers numerous hiking and biking trails
The size of Tarragindi is approximately 4.5 square kilometres. It has 13 parks covering nearly 9.4% of total area. The population of Tarragindi in 2011 was 9,964 people. By 2016 the population was 10,794 showing a population growth of 8.3% in the area during that time. The predominant age group in Tarragindi is 40-49 years. Households in Tarragindi are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tarragindi work in a professional occupation. In 2011, 77% of the homes in Tarragindi were owner-occupied compared with 77% in 2016.
Tarragindi has 4,321 properties. Over the last 5 years, Houses in Tarragindi have seen a 85.10% increase in median value, while Units have seen a 76.46% increase. As at 31 August 2024:
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