Taree is an average performer in NSW when comparing median price capital growth over the last year. Taree gave property investors a average capital gain figure when compared to the rest of the state, with -1.27%.
If we look at median property appreciation over just the last three months, Taree has given property investors a paper return of 0.53%. This puts Suburb as 775 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -6.59% to buyers in Taree at the moment, which is less than average for the rest of NSW.
In the last year 323 properties changed hands in Taree, which puts it as the 13th most active market in NSW when comparing the number of sales per suburb.
Over the last year, property investments in Taree, 2430 have given investors a capital gain of -2.04%. This compares averagely with the -0.92% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Taree has increased when compared to the 5 year average annual rate.
Property buyers and investors in Taree 2430 should be seeing an average reduction in asking price of around -6.99% . This means that Taree is holding prices well when compared to other suburbs in NSW.
Situated 247.47km from the CBD, Taree is one of Mid-Coast (A) localities in the postcode 2430.