Property investors who have had real estate in Taree, 2430 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.73%
A 26.09% growth in median value for property investors in Taree,2430 puts this suburb at number 466th in terms of best performing suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in Taree itself are offering an average vendor discount of -4.48% to real estate investors.
On average over the past year, suburb has had 30.58 sales per month, which equates to 367 per year.
Situated 245.41km from the CBD, Taree is one of Greater Taree localities in the postcode 2430.
NSW has seen average median house prices change by 6.22% which means that Taree, 2430 has done well for property investors by showing a capital gain of 7.28% over the last year
Across a shorter period, Taree, 2430 has seen a median price increase of 8.30% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Taree is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Taree the average time real estate has been on the market is 65.06 days.
The NSW suburb of Taree, 2430 is in the Greater Taree local government area.