Tara

POSTAL CODE: QLD, 4421

HOUSE

Property investors have seen a 2.35% gain in TARA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains TARA, 4421 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $217,500

Profits averaged 13.33% per annum over a 3-year period, due to an upward trend in home prices in TARA, 4421.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in TARA, 4421 is N/A.

An average of 3.83 real estate transactions take place per month in TARA which translates to 46 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$217,500	N/A
Growth Report
Median Quarterly	2.35%	N/A
Median 12 month	7.41%	N/A
Median 3 years	40.32%	N/A
Median 5 years	128.95%	N/A
10 years average annual	10.82%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	88.7 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 2140

Weekly Household Income 589.1

Household Size 2.50

Average Age 39

Monthly Loan Repayment 520

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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