Taree is an average performer in NSW when comparing median price capital growth over the last year. Taree gave property investors a good capital gain figure when compared to the rest of the state, with 13.46%.
The five-year average increase in median property values for Taree,2430 has given property investors a potential capital gain of 28.26% across each of those five years.
Property buyers and investors in Taree 2430 should be seeing an average reduction in asking price of around -4.42% . This means that Taree is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Taree being $295000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.64%
Giving property investors a a solid capital gain of 14.78% for the last year, Taree, 2430 is the 266th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Taree comes in at number 338th in NSW.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Taree, 2430. Typically our figures indicate that -4.04% is being offered, which puts this NSW suburb at 1024th most discounted overall in Australia.