Suburb Profile Report for Taren Point NSW (2229)

Taren Point House: Median price $2,160,000, Annual capital growth 15.02%, Number of sales 14, Weekly median advertised rent $700

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 33.54% for the last 12 months, Taren Point, 2229 has performed for property investments than its average annual 15.02% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Taren Point,2229 has racked up an average of 33.54% over the period. This ranks it number 16th in the whole country for real estate investors looking at median house price increases.

At number 68th of NSW’s most discounted properties, Taren Point is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Taren Point the average time real estate has been on the market is 48.8 days.

Renters in Suburb are facing rents around $8400 per annum or $700 every week.

HOUSE UNIT
$2,160,000 N/A
2.86% N/A
33.54% N/A
15.02% N/A
$700 N/A
14 N/A
1.69% N/A
48.8 N/A

Source: CoreLogic

DSR Score for property investment : Excellent (U), Good (H)
Find a mortgage broker in Taren Point NSW
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
Chart Table
Recent sales & rentals