Taree, NSW 2430: Suburb Profile & Property Report

Market Report

House report
Unit Report

Taree has 316 houses available for sale. The median property price for a house is currently $510,000 with annual capital growth of 3.55% . There were 290 house sales in the past 12 months. On average, houses spend 45 days on market.

If you're thinking about buying an investment property in Taree, consider that rental yields for houses are currently 5.31% with an average median rent of $460 weekly. Houses have seen -0.97% growth in the past quarter, and 3.55% growth in the past 12 months.

The size of Taree is approximately 47.8 square kilometres. It has 44 parks covering nearly 5.7% of total area. The population of Taree in 2011 was 15,848 people. By 2016 the population was 16,214 showing a population growth of 2.3% in the area during that time. The predominant age group in Taree is 60-69 years.

Households in Taree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Taree work in a professional occupation. In 2011, 59.7% of the homes in Taree were owner-occupied compared with 58.5% in 2016.

Taree has 56 units available for sale. The median property price for a unit is currently $337,500 with annual capital growth of 3.05% . There were 66 unit sales in the past 12 months. On average, units spend 46 days on market.

If you're thinking about buying an investment property in Taree, consider that rental yields for units are currently 5.51% with an average median rent of $350 weekly. Units have seen -6.25% growth in the past quarter, and 3.05% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$510,000	$337,500
Quarterly growth	-0.97%	-6.25%
12-month growth	+3.55%	+3.05%
Average annual growth	+8.77%	+5.56%
Weekly median rent	$460	$350
Gross rental yield	5.31%	5.51%
Number of Sales (12m)	290	66
Avg. Days on Market (12m)	45	46

Jump to Market Trends

Key Demographics	2011	2016
Total population	15,848	16,214
Population change (5y)	+1.91%	+2.30%
Median household income (p/w)	$719	$855
Household income change (5y)	+19.63%	+18.92%
Median age of persons	44	45

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Taree is $510,000 for houses and $337,500 for units.

The Median Growth in Taree over the past 12 months is 3.55% for houses and 3.05% for units.

Over the past 12 months there were 290 houses sold and 66 units sold in Taree. On average, houses spent 45 days on market and units spent 46 days on market.

In the past 12 months up to August 2024 there were 290 houses sold and 66 units sold in Taree. On average, houses spent 45 days on market and units spent 46 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Taree is $460 for houses and $350 for units.

The Rental Yield in Taree is 5.31% for houses and 5.51% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Taree was 16,214 in 2016, a +2.30% change compared to 2011.

The predominant age group in Taree is 60-69 years.

The population of Taree was 16,214 in 2016, a +2.30% change compared to 2011.

The predominant age group in Taree is 10-19 years.

Most of the population in Taree were born in Australia.

Most of the population in Taree report their religion as Anglican.

Most of the population in Taree report their income range as between $15,000 and $33,000 .

The median household income in Taree was $855 in 2016, a +18.92% change compared to 2011.

Most of the population in Taree report their income range as between $15,000 and $31,000 .

The median household income in Taree was $719 in 2011, a +19.63% change compared to 2006.

Most of the population in Taree work as Professional.

Most of the population in Taree work as Labourer.

The chart below demonstrates the various levels of education in Taree.

Most of the population in Taree reached a qualification level of Certificate.

2011 2016

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This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

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While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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