Taradale is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 33, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, Scottish, English.
The median house price in Taradale is $49,000, having dropped significantly 99.2% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 46.1%. The median monthly mortgage repayment is $820.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Taradale offers a gross rental yield of 46.1%, rated as high yield. Property prices sit below the state median ($49K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -99.2% year-on-year.
Taradale is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2653). With a population of 33, the suburb has a mature demographic with a median age of 51. Households earn a median income of $68K per year, with an average household size of 2.2 people. The most common occupations are managers, professionals. The top ancestries reported are Australian, Scottish, English.
The median house price in Taradale is $49,000, having dropped significantly 99.2% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 46.1%. The median monthly mortgage repayment is $820.
Public transport access includes 4 bus stops. The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Taradale offers a gross rental yield of 46.1%, rated as high yield. Property prices sit below the state median ($49K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.7x is considered affordable. House prices have moved -99.2% year-on-year.