Taroona is a smaller suburb in Tasmania within the Kingborough local government area (postcode 7053). With a population of 3,121, the suburb has a mature demographic with a median age of 47. Households earn a median income of $96K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Taroona is $937,000, having declined 5.6% over the past year. Units have a median price of $367,000 (-63.3% YoY). The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,733.
Taroona is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 23 bus stops.
From an investment perspective, Taroona offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($937K/$750K). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -5.6% year-on-year.
Taroona is a smaller suburb in Tasmania within the Kingborough local government area (postcode 7053). With a population of 3,121, the suburb has a mature demographic with a median age of 47. Households earn a median income of $96K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Taroona is $937,000, having declined 5.6% over the past year. Units have a median price of $367,000 (-63.3% YoY). The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,733.
Taroona is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1134, which is well above the national average of 1,000. Public transport access includes 23 bus stops.
From an investment perspective, Taroona offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($937K/$750K). The price-to-income ratio of 9.8x is considered moderate. House prices have moved -5.6% year-on-year.