Tara is a small community in Queensland within the Western Downs local government area (postcode 4421). With a population of 1,980, the suburb has a mature demographic with a median age of 48. Households earn a median income of $45K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Tara is $180,000, having surged 11.1% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $758.
Tara is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 842, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Western Downs LGA is moderate at 6,885 incidents per 100,000 population.
From an investment perspective, Tara offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($180K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +11.1% year-on-year.
Tara is a small community in Queensland within the Western Downs local government area (postcode 4421). With a population of 1,980, the suburb has a mature demographic with a median age of 48. Households earn a median income of $45K per year, with an average household size of 2.2 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Tara is $180,000, having surged 11.1% over the past year. The median weekly rent is $180 (Census 2021). This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $758.
Tara is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 842, which is well below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Western Downs LGA is moderate at 6,885 incidents per 100,000 population.
From an investment perspective, Tara offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($180K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +11.1% year-on-year.