48 Morrow Street, Taringa, QLD 4068 | Property Value & History | OnTheHouse
OFF MARKET

48 Morrow Street
Taringa QLD 4068

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Floor area: 146m2
Land area: 1029m2
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Last updated 20 Oct 2025
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Property Details for 48 Morrow St, Taringa

Building Type
Commercial
Year Built
1910
Floor Size
146m2
Land Size
1029m2
Local Government
Brisbane
Lot/Plan
252/SL1452

Last Listing description (April 2025)

Ready for redevelopment and reward, this rare to market offering situated within the inner-west's medical, allied health and professional suites precinct presents a mixed-use commercial, residential and/or retail construction opportunity granting exceptional main road exposure.

Under the current town plan, a new five-storey building is code assessable with an option for higher levels upon Development Application approval. Located within 150m of the train, Westside Private Hospital and the new Coles Local Taringa project, this elevated, former Taringa Police Station site has a wide frontage, good access and extensive off-street parking.

With a range of planning options available to explore under its district centre zoning, investors, developers and business owners will recognise the future growth potential that this well-placed property possesses.

Removable, the existing five bedroom, two bathroom timber structure is currently used as a private residence with the potential of income producing, student accommodation rooms. The house has separate living on each level, secure storage spaces, multiple undercover and open car parks, and a large, concreted turnaround area for exiting vehicles. Buyers may choose to landbank in the interim and lease as commercial premises while development plans are considered and lodged.

Central to the retail, dining and entertainment areas of Indooroopilly Shopping Centre and Toowong Village, with proximity to The University of Queensland and only 5km from the city, it is anticipated that this prime development opportunity will see great interest.

With high frequency buses and train station nearby plus a major traffic thoroughfare to allow easy connection and access, the visible location will appeal to enterprise looking to construct specialist retail, multi-level administrative or state-of-the-art health consultancy suites, and premium residential apartments.

Property History for 48 Morrow St, Taringa, QLD 4068

A timeline of how this property has performed in the market
Last Sold
$395,000
27 Jun 2000
Listed for Rent
$179/w
19 Aug 2019
  • 29 Aug 2022
    Listed for Sale By Negotiation
  • 03 Jul 2019
    Listed for Rent - Price not available
  • 04 Feb 2019
    Listed for Rent - Price not available
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About Taringa 4068

The size of Taringa is approximately 2.1 square kilometres. It has 10 parks covering nearly 9.1% of total area. The population of Taringa in 2016 was 8376 people. By 2021 the population was 8732 showing a population growth of 4.2% in the area during that time. The predominant age group in Taringa is 20-29 years. Households in Taringa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taringa work in a professional occupation.In 2021, 48.70% of the homes in Taringa were owner-occupied compared with 43.60% in 2016.

Taringa has 5,255 properties. Over the last 5 years, Houses in Taringa have seen a 56.48% increase in median value, while Units have seen a 113.67% increase. As at 30 April 2026:

  • The median value for Houses in Taringa is $1,898,532 while the median value for Units is $940,892.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Taringa on OnTheHouse. According to Cotality's data, 250 properties were sold in the past 12 months in Taringa.

Suburb Insights for Taringa 4068

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.