Tara

POSTAL CODE: QLD, 4421

HOUSE

Property investors have seen a 6.02% gain in TARA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on TARA, 4421 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15.79%.

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 $220,000

Profits averaged 15.33% 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 3.92 real estate transactions take place per month in TARA which translates to 47 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$220,000	N/A
Growth Report
Median Quarterly	6.02%	N/A
Median 12 month	15.79%	N/A
Median 3 years	46.67%	N/A
Median 5 years	131.58%	N/A
10 years average annual	12.08%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	86.7 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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