Powered by MOMENTUM MEDIA
Taren Point
AREA REPORTS

Taren Point

Taren Point - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2229

house
unit

TAREN POINT, 2229 ranks 64th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 50.68% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $2,035,000.

The upward trend in home prices in TAREN POINT, 2229 averaged 4.94% per annum over a 3-year period.

Average weekly rents on listings have reached the $950 mark, reflecting a 2.43% increase in returns based on the current median price in TAREN POINT.

An average of 2.75 real estate transactions take place per month in TAREN POINT which translates to 33 per annum.

33 properties were sold in TAREN POINT in 2016, making it the 653rd most active market in NSW based on total real estate transactions.

TAREN POINT, 2229 places th in Australia based on median property value growth during the quarter.

Data report can be found below

Taren Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,035,000 $965,000
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 50.68% N/A
Median 3 years 14.81% N/A
Median 5 years -7.29% N/A
10 years average annual 12.93% -14.09%
Weekly media advert. rent $950 N/A
Time on Market 89.3 days 0.0 days
Gross Rental Yield Percent 2.43% N/A
demographics (median values)*
Total Population
28718
Weekly Household Income
1856
Household Size
2.60
Age
41
Monthly Loan Repayment
2600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.