Giving property investors a a solid capital gain of 21.50% for the last year, Taren Point, 2229 is the 276th highest performer in Australia in this respect.
Taren Point,2229 has offered an average of 21.50% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Taren Point itself are offering an average vendor discount of -7.50% to real estate investors.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
LACK OF BUYER INTEREST may well be the reason that Taren Point is offering property investors an average of -4.06. This rate of discount on properties puts Suburb at number 351th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.