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Thagoona

POSTAL CODE: QLD, 4306
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 6.17% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $860,000

The augmented property values in the suburb are trailing behind the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of N/A.

Home owners selling their properties and realtors in Thagoona usually have to wait an average of 61.7 days days before their assets are lifted off the market.

The QLD suburb ranks 759th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

It also places places th in Australia based on median property value growth during the quarter.

Surburb overview

Thagoona, situated within the City of Ipswich, lies approximately 42.4 kilometres southwest of Brisbane's central business district. The suburb is accessible via the Warrego and Cunningham Highways, providing road connectivity to surrounding areas. Additionally, Thagoona railway station, situated on the Main Line, provides train services to Ipswich and beyond, offering public transportation options for residents.

According to the 2021 Census, Thagoona had a population of 1,077 individuals. The demographic composition includes a median age of 39 years, with a nearly equal distribution of males and females. Approximately 4.4% of the population identified as Aboriginal and/or Torres Strait Islander peoples. The majority of residents were born in Australia, and English is the most widely spoken language at home.

Public transportation in Thagoona is primarily serviced by the Thagoona railway station, which is part of the Queensland Rail network. The station provides regular train services connecting to Ipswich and Brisbane, enabling commuters to access urban centres. The train journey from Thagoona to Brisbane's Roma Street Station takes approximately 1 hour and 6 minutes.

Essential amenities within Thagoona are limited; however, neighbouring suburbs such as Rosewood and Walloon offer a range of facilities, including shopping centres, supermarkets, cafes, and restaurants. Residents often rely on these nearby towns for their daily needs.

Recreational opportunities in Thagoona include Caledonian Park, which provides space for various sports and outdoor activities. The park features a soccer court and open areas suitable for walking and other forms of exercise. Additionally, the surrounding natural environment offers opportunities for bird-watching, hiking, mountain biking, and horse riding.

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