Suburb Profile Report for Taren Point NSW (2229)

Taren Point House: Median price $1,331,000, Annual capital growth 9.80%, Number of sales 23, Weekly median advertised rent $650

  • House
  • Unit
Source: RP Data
  • Median price
  • Number of sales
DSR Score for property investment : GOOD (U), ABOVE AVERAGE (H)
  • House Report

Taren Point is in the TOP 20% in NSW when comparing median price capital growth over the last year. Taren Point gave property investors a very good capital gain figure when compared to the rest of the state, with 22.94%.

Taren Point,2229 was ranked 3226 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Taren Point should be aiming for at least -5.47% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 22 properties changed hands in Taren Point, which puts it as the 1070th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$1,331,000 N/A
0.45% N/A
16.50% N/A
15.74% N/A
72.30% N/A
9.80% N/A
$650 N/A
23 N/A
2.54% N/A
89.64 N/A
Source: RP Data
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Demographics
Total population 1681
Median household income ($/weekly) 1246
Median age of persons 58
Median housing loan repayment ($/monthly) 2255
Average household size 2.3
  • Census Count Percent(%)
    35-44 years 182 10.8
    55-64 years 190 11.3
    65-74 years 235 14.0
    75-84 years 298 17.7
    85 years and over 187 11.1
    Others 588 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 777 59.9
    Not Married 456 35.1
    Defacto Relationship 65 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1228 77.4
    Croatia 24 1.5
    Hong Kong 35 2.2
    United Kingdom 92 5.8
    Other 44 2.8
    Others 164 10.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 1.4
    Christianity 1340 86.2
    Islam 9 0.6
    Judaism 6 0.4
    No Religion 168 10.8
    Others 9 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 67 11.3
    $600-$799 59 10.0
    $800-$999 60 10.1
    $1,500-$1,999 69 11.7
    $2,500-$2,999 51 8.6
    Others 286 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 774 54.5
    Employed, worked full-time 387 27.2
    Employed, worked part-time 196 13.8
    Employed, away from work 32 2.3
    Unemployed, looking for work 32 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 109 17.6
    Professionals 139 22.5
    Technicians & trades workers 71 11.5
    Clerical & administrative workers 115 18.6
    Sales 67 10.8
    Others 117 18.9
    Occupation
    Census Count Percent(%)
    Pre-school 13 5.1
    Infants/Primary 77 30.2
    Secondary 82 32.2
    Technical or Further Educational Institution 30 11.8
    University or other Tertiary Institutions 43 16.9
    Others 10 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 972 65.0
    Flat, unit or apartment 297 19.9
    Semi-detached, row or terrace house, townhouse 213 14.2
    Caravan, cabin, houseboat 14 0.9
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 396 62.1
    Being purchased 149 23.4
    Rented 66 10.3
    Other tenure type 27 4.2
    Tenure Type
Census 2011, ABS
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