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