Suburb Profile Report for Tara QLD (4421)

Tara House: Median price $95,000, Annual capital growth 5.83%, Number of sales 29, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Tara, 4421 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 22.58%.

Comparing Tara,4421 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Tara itself are offering an average vendor discount of -11.16% to real estate investors.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

HOUSE UNIT
$95,000 N/A
-7.32% N/A
22.58% N/A
5.83% N/A
N/A N/A
29 N/A
N/A N/A
168.6 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Poor (H)
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Demographics
Total population 2211
Median household income ($/weekly) 679
Median age of persons 41
Median housing loan repayment ($/monthly) 867
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 300 13.6
    35-44 years 303 13.7
    45-54 years 326 14.7
    55-64 years 328 14.8
    65-74 years 203 9.2
    Others 751 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 652 44.1
    Not Married 648 43.8
    Defacto Relationship 180 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1876 91.4
    Papua New Guinea 37 1.8
    Philippines 13 0.6
    United Kingdom 61 3.0
    Other 28 1.4
    Others 37 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1478 75.1
    No Religion 466 23.7
    Other Religious Groups 12 0.6
    Islam 7 0.4
    Buddhism 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 105 14.7
    $400-$599 130 18.2
    $600-$799 116 16.2
    $1,000-$1,249 61 8.5
    $1,500-$1,999 59 8.2
    Others 245 34.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 884 54.4
    Employed, worked full-time 426 26.2
    Employed, worked part-time 205 12.6
    Unemployed, looking for work 60 3.7
    Employed, away from work 50 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 109 16.0
    Technicians & trades workers 95 13.9
    Community & personal service workers 86 12.6
    Machinery operators & drivers 102 15.0
    Labourers 102 15.0
    Others 188 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 13 3.5
    Infants/Primary 167 44.9
    Secondary 130 34.9
    Technical or Further Educational Institution 37 9.9
    Other type of educational institution 13 3.5
    Others 12 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1852 93.7
    Caravan, cabin, houseboat 76 3.8
    Flat, unit or apartment 28 1.4
    Semi-detached, row or terrace house, townhouse 13 0.7
    Improvised home, tent, sleepers out 7 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 346 43.8
    Being purchased 226 28.6
    Rented 208 26.3
    Other tenure type 10 1.3
    Tenure Type
Census 2011, ABS
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