59 Tibrogargan Dr, Narangba is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1992. The property has a land size of 600m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
This beautiful 3 Bedroom family home located on a 600 sqm block of land, will be a great purchase for any type of buyer but you better be quick to get in front of all the Investors and First Home buyers.
Currently tenanted till the end of January with the long term tenants willing to extend if this adds value to the purchase.
Located in the ideal location of Narangba close to schools, shops, daycare centres, local children parks, bike paths and everything you need to fit into an amazing community.
Suburb review from the Real Estate Investor:
Narangba is a suburb in the Moreton Bay Region of Queensland. Narangba has a population of 18,576 people and 22.46% of its occupants live in rental accommodation. The median listing price for houses is $700,000 and this has changed 27.73% over the past year and changed 43.14% over 2 years.
The median rent in Narangba for houses is $500 per week and the median rental yield is 3.71%. Stock on the market for houses/townhouses has changed 36.54% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Narangba is NA per week, producing a rental yield of NA.
Investor Opportunity:
Capital growth - 27.73 %
Rent per week est - $450 - $500pw
Vacancy rate - 0.65 %
Est yield - 4.33%
For more information contact Jack Allwood jack@projectpropertysales.com.au 0410302343
We look forward to assisting with this great opportunity!
The size of Narangba is approximately 43.3 square kilometres. It has 42 parks covering nearly 5.0% of total area. The population of Narangba in 2016 was 18573 people. By 2021 the population was 20910 showing a population growth of 12.6% in the area during that time. The predominant age group in Narangba is 10-19 years. Households in Narangba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narangba work in a professional occupation.In 2021, 74.90% of the homes in Narangba were owner-occupied compared with 73.90% in 2016.
Narangba has 9,164 properties. Over the last 5 years, Houses in Narangba have seen a 91.43% increase in median value, while Units have seen a 134.19% increase. As at 31 December 2025:
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