Suburb Profile Report for Tarro NSW (2322)

Tarro House: Median price $316,000, Annual capital growth 3.13%, Number of sales 23, Weekly median advertised rent $338

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

Source: CoreLogic

  • House Report

At number 2348th in the list of Australian suburbs ordered by increase in median house value over the last year, Tarro, 2322 is in the BOTTOM 50% with a property value increase of 2.93% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Tarro,2322 has racked up an average of 2.93% over the period. This ranks it number 2754th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Tarro should be aiming for at least -3.81% off the asking price, which is the average vendor discount being achieved at the moment.

At number 577 in a list of fastest selling suburbs, Tarro is in the TOP 20% of suburbs in Australia with an average of days on market 51.25 for properties listed there.

Tarro, 2322’s gross rental yield is 5.55%

HOUSE UNIT
$316,000 N/A
3.10% N/A
2.93% N/A
3.13% N/A
$338 N/A
23 N/A
5.55% N/A
51.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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