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Tarrawanna
AREA REPORTS

Tarrawanna

Tarrawanna - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2518

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Property investments in TARRAWANNA fare well against the rest of the country last year, registering a median home price increase of 17.06%.

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

Based on its average 5-year and quarterly capital gains TARRAWANNA, 2518 saw average growth in the long term.

Real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 34.8 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $995,000.

TARRAWANNA ranks 622nd on the list of best yielding suburbs for rental properties in NSW, posting a 3.14% return.

Data report can be found below

Tarrawanna
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $995,000 N/A
GROWTH REPORT
Median Quarterly 4.74% N/A
Median 12 month 17.06% N/A
Median 3 years 27.56% N/A
Median 5 years 6.99% N/A
10 years average annual 8.24% N/A
Weekly media advert. rent $600 N/A
Time on Market 34.8 days N/A
Gross Rental Yield Percent 3.14% N/A
demographics (median values)*
Total Population
19067
Weekly Household Income
1153
Household Size
2.40
Age
41
Monthly Loan Repayment
1987
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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