Giving property investors a a stable capital gain of 9.68% for the last year, Taree, 2430 is the 1017th highest performer in Australia in this respect.
Taree,2430 has offered an average of 9.68% return per annum in house price rises to property investors over the last three years.
Taree2430 is located in NSW which offers an average discount of -6.18% to property investors. Taree itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
With a capital gain of 10.55% for the last 12 months, Taree, 2430 has performed for property investments than its average annual 3.60% property growth over the last 5 years.
Over the longer term, Taree has seen property prices show investors a 20.55% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Taree is offering property investors an average of -5.18. This rate of discount on properties puts Suburb at number 99th in terms of most discounted suburbs in NSW
At number 301 in a list of fastest selling suburbs, Taree is in the TOP 30% of suburbs in Australia with an average of days on market 50.55 for properties listed there.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.15%, without taking into account capital value appreciation, which has been averaging out at 3.60%.