In Taringa, May 2026 data shows the median house price at an approximate $1.8M. This figure maintains its premium position, reflecting a 3.4% gain from this same month last year, and a remarkable 102.2% increase over the past decade. The unit market, however, recorded a solid gain, with its median price standing at an approximate $820K.
This marks a substantial 12.5% rise over the past year and a significant 94.5% appreciation from 10 years ago, stronger growth than broader capital city unit trends.
This performance has occurred alongside persistent demand across Queensland's key areas.
In Taringa, the median weekly rental rate for houses reached approximately $780 in May 2026, recording a modest 0.6% gain from this same month last year, while reflecting a substantial 36.8% increase over the past decade. Units in the area similarly show a solid gain, with median weekly rents at around $650. This represents a 4% rise year-on-year and a significant 66.7% surge over the last 10 years, demonstrating stronger growth than broader market trends. This performance has occurred alongside continued demand, maintaining Taringa's premium position within the rental landscape.
Taringa's property market, as of March 2026, highlights a distinct distribution across price points over the past twelve months. House sales firmly reflect its premium status, with the $1.5M – $2M segment recording the highest volume at 25 sales, followed by 13 sales in the $2M – $3M bracket, representing a strong luxury position. The unit market demonstrates robust activity across the $500K – $750K and $750K – $1M tiers, with 75 and 60 sales respectively, establishing a solid mid-tier. Notably, the luxury unit segment also recorded significant transactions, particularly within the $2M – $3M range, outperforming some broader capital city unit trends for high-end apartments.
New listings in Taringa recorded a notable 19.1% monthly decrease in May, reaching 17 properties. This downturn reflects a 22.7% annual decline compared to May 2025 and a 26.1% drop from May 2024, reinforcing limited vendor activity in the suburb. This trend represents a broader market shift, coinciding with a period of increased caution in major capital cities, as vendor confidence adjusts to current market uncertainties.
Average Taringa Prices June 2026 1 bed apartment $575,000 up 18.6% yoy (No May sales)
2 bed apartment $788,500 up 14.2% yoy (Low $795,000 High $880,000)
3 bed apartment $1,207,500 up 28.6% yoy (No June Sales)
House $1,959,000 up 12.6% yoy
Source: REA, Ray White Now