Taree NSW 2430: Property Market Report & Real Estate Insights

Part of Mid-Coast, NSW

Taree Real Estate Market Outlook

Thinking about buying in Taree? Now could not be a better time, with 11250 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $584,000 with prices in this suburb ranging from $28,000 to $8,951,000. The approximate distance to the coast is 10 Km.

Living in Taree

In Taree there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Taree is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Taree leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Taree we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Taree a better buying opportunity than it may have been in the past.

Instant Property Valuation

The housing market in Taree, located in the Mid-Coast region of New South Wales, reflects a blend of affordability and opportunity, appealing to a variety of buyers including first-time homeowners and retirees. Taree offers a diverse range of properties, from quaint older-style homes to modern residences, all set against the backdrop of the scenic Manning River. The suburb has experienced modest growth in property values, consistent with the broader regional trends seen across Australia as more people consider lifestyle relocations away from major urban centers. While the market remains competitive, it provides a relatively accessible entry point compared to major city prices, making Taree an attractive choice for those looking to invest in property on the Mid-North Coast of NSW.

Living in Taree is characterized by a relaxed country-town vibe with the conveniences and essentials that cater to everyday needs. Residents enjoy a mix of natural beauty and community-oriented living, with the Manning River offering numerous recreational activities such as fishing, boating, and riverside picnics. The town boasts a strong sense of community, supported by local events and markets that foster connections among residents. Amenities in Taree, including schools, healthcare facilities, and shopping centers, provide for a comfortable lifestyle without the hustle and bustle of city life. Proximity to both the beaches of the Mid-North Coast and the hinterland allows for easy day trips and weekend getaways, enhancing the overall appeal of living in this picturesque NSW town.

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Nearby Suburbs

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