Suburb Profile Report for Taren Point NSW (2229)

Taren Point House: Median price $1,805,000, Annual capital growth 16.41%, Number of sales 13, Weekly median advertised rent $650

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

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  • House Report

Property investors who have had real estate in Taren Point, 2229 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 38.85%

Over the longer term, Taren Point has seen property prices show investors a 73.56% return over the last 3 years. This is worse than over the last 12 months

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 16.41%, investors should hope to achieve an overall return of 1.87%

HOUSE UNIT
$1,805,000 N/A
3.14% N/A
38.85% N/A
16.41% N/A
$650 N/A
13 N/A
1.87% N/A
N/A N/A

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Excellent (U), Good (H)
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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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Recent sales & rentals