At number 1631th in the list of Australian suburbs ordered by increase in median house value over the last year, Tarro, 2322 is in the top 40% with a property value increase of 6.33% recorded in median house prices.
Across a shorter period, Tarro, 2322 has seen a median price increase of 3.07% over the last quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Tarro itself are offering an average vendor discount of -3.79% to real estate investors.
Tarro, 2322’s gross rental yield is 5.50%
Property buyers and investors in Tarro 2322 should be seeing an average reduction in asking price of around -2.04% . This means that Tarro is holding prices well when compared to other suburbs in NSW.
At number 1464 in a list of fastest selling suburbs, Tarro is in the bottom 10% of suburbs in Australia with an average of days on market 198.81 for properties listed there.
Situated 49.90km from the CBD, Tarro is one of Newcastle localities in the postcode 2322.