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Tamarama
AREA REPORTS

Tamarama

Tamarama - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2026

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 15.67% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $6,977,500

The augmented property values in the suburb are trailing above the territorial average of 12.41% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1975.

Home owners selling their properties and realtors in TAMARAMA usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The NSW suburb ranks 1146th on the list of best yielding suburbs for rental properties in NSW, posting a 1.47% return.

It also places places 31st in Australia based on median property value growth during the quarter.

Data report can be found below

Tamarama
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $6,977,500 $1,800,000
GROWTH REPORT
Median Quarterly 19.68% 16.13%
Median 12 month 29.81% 43.42%
Median 3 years 15.67% 27.21%
Median 5 years 102.25% 28.57%
10 years average annual 25.8% 7.71%
Weekly media advert. rent $1975 $830
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 1.47% 2.4%
demographics (median values)*
Total Population
32490
Weekly Household Income
2325
Household Size
2.30
Age
33
Monthly Loan Repayment
2947
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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