Taree South is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 326, the suburb has a mature demographic with a median age of 53. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Taree South is $765,000, having dropped significantly 10% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,929.
Public transport access includes 26 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Taree South offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -10.0% year-on-year.
Taree South is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 326, the suburb has a mature demographic with a median age of 53. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Taree South is $765,000, having dropped significantly 10% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,929.
Public transport access includes 26 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Taree South offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($765K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved -10.0% year-on-year.