QLD, 4420 - Banana

Thinking about buying in Taroom? Now could not be a better time, with 1099 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $337,000 with prices in this suburb ranging from $22,000 to $977,000. The aproximate distance to the coast is 216 Km.

Household Makeup

Median Weekly Rent $162.50
Median Monthly Mortgage $806.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 43.50
Average Income $650.50
Average Cars Per Dwelling 1.70
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $211,000
2 Bed  $228,000
3 Bed  $323,000
4 Bed  $487,000

Taroom Real Estate Market Outlook

In Taroom 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Taroom due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Taroom provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Taroom necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Taroom the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Taroom

At Realty 32-34 DAWSON ST, TAROOM, QLD, 4420 Beds3 Bathrooms1 Parking 0 buy outright or buy share

Local Schools

Taroom State School

(While the above schools are located with the suburb of Taroom there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Taroom weather - Average Local Climate by month

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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GrosmontGlebeSpring CreekKinnoulBroadmereBungabanCockatooEurombahRoche CreekWandoan

General Points of Interest

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