Suburb Profile Report for Tarro NSW (2322)

Tarro House: Median price $323,000, Annual capital growth 3.42%, Number of sales 26, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report

Tarro is an average performer in NSW when comparing median price capital growth over the last year. Tarro gave property investors a good capital gain figure when compared to the rest of the state, with 10.62%.

Taking the average capital gain, or increase in median house value, Tarro,2322 has racked up an average of 10.62% over the period. This ranks it number 2352th in the whole country for real estate investors looking at median house price increases.

At number 815th of NSW’s most discounted properties, Tarro is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Tarro have been waiting around 63.59 days to sell a property.

The NSW suburb of Tarro, 2322 is in the Newcastle local government area.

Metrics i HOUSE UNIT
$323,000 N/A
1.25% N/A
10.62% N/A
3.42% N/A
$335 N/A
26 N/A
5.39% N/A
63.59 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 1640
Median household income ($/weekly) 936
Median age of persons 41
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 203 12.4
    35-44 years 223 13.6
    45-54 years 201 12.2
    55-64 years 243 14.8
    65-74 years 183 11.1
    Others 589 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 618 49.4
    Not Married 516 41.3
    Defacto Relationship 116 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1441 92.1
    Greece 13 0.8
    Papua New Guinea 22 1.4
    United Kingdom 40 2.6
    Other 12 0.8
    Others 36 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.8
    Christianity 1206 78.7
    Hinduism 4 0.3
    Other Religious Groups 6 0.4
    No Religion 300 19.6
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 63 10.8
    $400-$599 90 15.4
    $600-$799 56 9.6
    $1,000-$1,249 55 9.4
    $1,500-$1,999 77 13.1
    Others 245 41.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 565 44.2
    Employed, worked full-time 411 32.2
    Employed, worked part-time 202 15.8
    Employed, away from work 57 4.5
    Unemployed, looking for work 43 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 116 17.3
    Clerical & administrative workers 87 13.0
    Sales 70 10.4
    Machinery operators & drivers 102 15.2
    Labourers 129 19.2
    Others 167 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 27 8.7
    Infants/Primary 126 40.8
    Secondary 100 32.4
    Technical or Further Educational Institution 32 10.4
    University or other Tertiary Institutions 18 5.8
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1504 94.7
    Semi-detached, row or terrace house, townhouse 58 3.7
    Flat, unit or apartment 26 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 290 46.3
    Being purchased 201 32.1
    Rented 135 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals