AREA REPORTS

Tea Gardens

NSW/
Tea gardens

Suburb Profile

Tea Gardens - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2324

house
unit

Property investors enjoyed capital gains of 3.64% over the last 12 months in TEA GARDENS, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 6.14% growth over a ten-year period. It ranks 1322nd on our list of suburbs that property investors should look into.

TEA GARDENS, 2324 has a capital gain of 3.64% for the past year, which is lower than average compared to its 46.34% growth within a five-year period.

With the median home price in TEA GARDENS sitting at $570,000, and the average rent at $400, property owners could potentially earn a 3.65% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TEA GARDENS are low, as opposed to average gains per annum over the past five years.

TEA GARDENS, 2324 in NSW belongs to the local government area of Mid-Coast (A).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $570,000 $425,000
GROWTH REPORT
Median Quarterly 0.44% 6.83%
Median 12 month 3.64% 15.65%
Median 3 years 24.73% 26.87%
Median 5 years 46.34% 44.07%
10 years average annual 6.14% 2.35%
Weekly media advert. rent $400 $357.5
Time on Market 78.3 days 0.0 days
Gross Rental Yield Percent 3.65% 4.37%
demographics (median values)
Total Population
2094
Weekly Household Income
626.7
Household Size
2.10
demographics
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