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SOLD - Suburb Record Taringa $3,002,000

Jul 16, 2024

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We are thrilled to announce a remarkable achievement in the real estate market of Taringa, QLD: the sale of 4/124 Swann Road for an unprecedented $3,002,000. This transaction not only sets a new benchmark for apartment sales in the suburb but also highlights the area's vibrant property market.

Located at 4/124 Swann Road, Taringa QLD, this unit boasts a generous land size of 281 m² and features 3 bedrooms, 3 bathrooms, and 2 parking spaces. Originally purchased in 2021 for $1,875,000, the property has seen substantial appreciation in value within a relatively short span.

Taringa has demonstrated robust growth in property prices, with median figures over the past year indicating a median price of $1,595,000 for houses and $630,500 for units. The sale of 4/124 Swann Road significantly surpasses these averages, reflecting its exceptional appeal and market demand.

Thank you to our loyal Vendors for entrusting us with the sale, and heartfelt congratulations to the proud new property owners of this magnificent property.