AREA REPORTS

Taroona

Suburb Profile

Taroona - FREE SUBURB PROFILE REPORT
POSTAL CODE: TAS,7053

house

Homeowners and real estate investors betting on TAROONA, 7053 can rest assured about this TAS suburb's performance. The suburb saw median home prices rise by 28.55%.

A steady increase in median property prices over a five-year period in the suburb translates to a 47.29% capital gain.

Property investors in TAROONA enjoyed capital gains of 28.55% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $707,000.

Profits due to an upward trend in home prices there averaged 15.76% per annum over a 3-year period.

Home owners selling their properties and realtors in TAROONA usually have to wait an average of 42.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $480 mark, reflecting a 3.53% increase in returns based on the current median price in TAROONA.

TAROONA, 7053 places 86th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $707,000 N/A
GROWTH REPORT
Median Quarterly 2.24% N/A
Median 12 month 28.55% N/A
Median 3 years 47.29% N/A
Median 5 years 63.47% N/A
10 years average annual 6.54% N/A
Weekly media advert. rent $480 N/A
Time on Market 42.6 days N/A
Gross Rental Yield Percent 3.53% N/A
demographics (median values)
Total Population
2978
Weekly Household Income
1139
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Apartment building

Changes in apartment markets continue throughout September

Fresh data shows the apartment market is continuing to evolve and subdue, based on a series of factors including supply, sentiment and finan...

Southwest Sydney

South-West Sydney's top-performing suburbs revealed

Sydney's South-West is the beneficiary of major government spend and redevelopment, and some of its suburbs have seen double-digit growth in...

Bondi Beach skyline

Prime NSW destination sees spike in short-term lettings

The increasingly popular trend of short-term letting is having an impact on some of Sydney's visitor and investor favourites, and local auct...

Red arrow down

Government called on to fix 'significant blockage' in credit supply

APRA's restrictions on the financing market will have a lasting impact on investors and property values if the federal government doesn't in...

Office space

The ins and outs of office investment

Commercial property investment is a strategy that works but far too many people attempt it too early. The truth of the matter is that it i...

Property market

‘Business as usual’ even in softening property markets, experts say

Despite doom-and-gloom headlines that warn against a looming crash in the property market, smart property investors are neither fearful nor ...