Tingalpa

POSTAL CODE: QLD, 4173
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,200,000.

The upward trend in home prices in TINGALPA, 4173 averaged 16.67% per annum over a 3-year period.

Average weekly rents on listings have reached the $725 mark, reflecting a 3.14% increase in returns based on the current median price in TINGALPA.

An average of 7.58 real estate transactions take place per month in TINGALPA which translates to 91 per annum.

91 properties were sold in TINGALPA in 2016, making it the 31st most active market in QLD based on total real estate transactions.

TINGALPA, 4173 places 386th in Australia based on median property value growth during the quarter.

Surburb overview

Tingalpa is a suburb located approximately 13.2 kilometres east of Brisbane's central business district. As of the 2021 census, it has a population of 8,461 residents.

Tingalpa is bordered to the west by Bulimba Creek, a tributary of the Brisbane River. The suburb features a mix of older post-war homes and newer brick and tile residences, reflecting its development over time.

Public transportation in Tingalpa includes several bus routes connecting the suburb to Brisbane's central business district and surrounding areas. While there is no train station within Tingalpa, the nearby Murarrie railway station provides access to the Cleveland line, facilitating commutes to the city and coastal regions.

Tingalpa offers various amenities, including shopping centres, cafes, and recreational facilities. Notably, the suburb is home to Jungle Adventure Play, an indoor play centre that opened in 2020 and has attracted over 1.1 million visitors. The suburb also features several parks and bushlands, such as Carmichael Park and Kianawah Park, providing residents with green spaces for outdoor activities.

Tingalpa State School, established in 1873, caters to primary students from Prep to Year 6. In 2018, the school had an enrollment of 432 students. For secondary education, students typically attend nearby schools in the surrounding suburbs.

The property market in Tingalpa has experienced growth, with the median sale price for houses at $1,020,000 and units at $670,000. Over the past 12 months, there has been a median growth of 21.36% for houses and 18.69% for units. During this period, 107 homes and 33 units were sold, with houses spending an average of 12 days on the market and units 11 days.

Tingalpa's blend of residential charm, convenient transportation, and local amenities makes it a desirable suburb within Brisbane's eastern corridor.

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