Over the last year, property investments in Taree, 2430 have given investors a capital gain of 9.80%. This compares favourably with the 7.47% for NSW as a whole.
Across a shorter period, Taree, 2430 has seen a median price increase of 0.36% over the last quarter.
At number 692th of NSW’s most discounted properties, Taree is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 30.50 sales per month, which equates to 366 per year.
Advertised rents are around the $320 mark per week – giving a return of 5.94% based on the median price in Suburb
Taree is in the bottom 30% in NSW when comparing median price capital growth over the last year. Taree gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.
Taree,2430 was ranked 442 in Australia by increase in median property value over the quarter.
At number 215th of NSW’s most discounted properties, Taree is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Taree being $185000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 7.03%