Suburb Profile Report for Tarro NSW (2322)

Tarro House: Median price $318,000, Annual capital growth 3.32%, Number of sales 26, Weekly median advertised rent $335

Tarro Unit: Median price $300,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Tarro have tracked just higher than the NSW average of 7.28% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tarro has increased when compared to the 5 year average annual rate.

Vendor discounting in Tarro is giving property investors an average Vendor Discount of around -4.53%. This puts suburb at number 808th in NSW when ranking the most discounted suburbs.

Advertised rents are around the $335 mark per week – giving a return of 5.48% based on the median price in Suburb

Vendor discounting in Tarro is giving property investors an average Vendor Discount of around -2.04%. This puts suburb at number 447th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Tarro the average time real estate has been on the market is 198.81 days.

Metrics i HOUSE UNIT
$318,000 $300,000
-0.63% N/A
8.90% N/A
3.32% N/A
$335 N/A
26 10
5.48% N/A
67.61 198.81

Source: CoreLogic

DSR Score for property investment : Balanced (U), Very 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