Suburb Profile Report for Taree NSW (2430)

Taree House: Median price $299,000, Annual capital growth 3.03%, Number of sales 373, Weekly median advertised rent $325

Taree Unit: Median price $207,500, Annual capital growth 2.92%, Number of sales 85, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 12.41% for the last 12 months, Taree, 2430 has performed for property investments than its average annual 3.03% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Taree,2430 has racked up an average of 12.41% over the period. This ranks it number 1437th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -4.32% to buyers in Taree at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $325 weekly from the median priced house in this suburb.

NSW has seen average median house prices change by 7.74% which means that Taree, 2430 has done well for property investors by showing a capital gain of 14.01% over the last year

The five-year average increase in median property values for Taree,2430 has given property investors a potential capital gain of 27.50% across each of those five years.

The most recent median price for Taree is $207500, with sellers offering an average of -4.06% off the asking price.

Taree is 13th on a list of best yielding suburbs for rents in NSW with a 6.52% return

Metrics i HOUSE UNIT
$299,000 $207,500
4.91% 12.16%
12.41% 14.01%
3.03% 2.92%
$325 $260
373 85
5.65% 6.52%
78.03 74.56

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 15848
Median household income ($/weekly) 704
Median age of persons 44
Median housing loan repayment ($/monthly) 1287
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 2035 12.8
    35-44 years 1745 11.0
    45-54 years 1957 12.3
    55-64 years 1975 12.5
    65-74 years 1820 11.5
    Others 6317 39.9
    Age Group
    Census Count Percent(%)
    Not Married 5261 46.5
    Registered Married 4976 44.0
    Defacto Relationship 1075 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 13733 92.3
    New Zealand 53 0.4
    Papua New Guinea 146 1.0
    United Kingdom 402 2.7
    Other 148 1.0
    Others 391 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 0.7
    Christianity 11684 80.8
    Hinduism 37 0.3
    Other Religious Groups 31 0.2
    No Religion 2575 17.8
    Others 43 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 806 14.1
    $400-$599 1101 19.2
    $600-$799 815 14.2
    $800-$999 637 11.1
    $1,000-$1,249 519 9.1
    Others 1844 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6335 52.4
    Employed, worked full-time 2898 24.0
    Employed, worked part-time 1898 15.7
    Unemployed, looking for work 637 5.3
    Employed, away from work 329 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 770 15.0
    Technicians & trades workers 730 14.2
    Community & personal service workers 636 12.4
    Sales 716 14.0
    Labourers 794 15.5
    Others 1479 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 307 9.3
    Infants/Primary 1260 38.3
    Secondary 1031 31.4
    Technical or Further Educational Institution 399 12.1
    University or other Tertiary Institutions 207 6.3
    Others 83 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12544 86.2
    Semi-detached, row or terrace house, townhouse 693 4.8
    Flat, unit or apartment 1282 8.8
    Caravan, cabin, houseboat 3 0.0
    House or flat attached to a shop, office 25 0.2
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2292 37.3
    Fully owned 2249 36.6
    Being purchased 1550 25.2
    Other tenure type 56 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals