Overview
Set within a serene and elevated street, this property offers a rare 637 square meter block with approximately 26 meters of street frontage, presenting a superb opportunity for renovation, rebuilding, or developing a dream home. The existing post-war residence includes essential living spaces such as three bedrooms, a bathroom plus a separate toilet, two living areas, and a covered rear deck. Air-conditioning enhances comfort in both the main bedroom and living area, while hardwood flooring lies beneath the carpet, hinting at the home's original character.
A double lock-up garage, laundry, and storage space beneath the house enhance functionality alongside the elevated position which allows for pleasant district views. This property is especially appealing for those keen on a sizeable land parcel in a highly sought after locale, granting options to either update the current home or create a new build that leverages the generous frontage.
Located within the Wellers Hill State School catchment, proximity to local shops, transport links, parks, and Toohey Forest further enriches the lifestyle on offer. The neighborhood, evidenced by ongoing construction of new homes nearby, signals a growing demand and evolving community setting making this an excellent prospect for families and those looking for potential within a renowned area. Such opportunities on a large, well-positioned allotment in Tarragindi remain scarce, underscoring the investment appeal of this property.
Local Market Insights
In Tarragindi, Quiet Listings observed 23 new houses entering the market over the last 30 days, down from 33 during the previous 30-day period, with an average advertised asking price of $1,796,304. The property type mix of listed properties is predominantly Houses at 79%, followed by townhouses (9%), and land (6%). The most active agency for houses in the Tarragindi area is currently Place, representing 35% of new listings, followed by Remax with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.