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Taree suburb profile

Taree is a charming regional town located in the Mid North Coast region of New South Wales, approximately 310km north of Sydney. Nestled along the banks of the Manning River, Taree is known for its picturesque landscapes and welcoming community. The town serves as a hub for the surrounding agricultural areas, offering a blend of rural charm and modern amenities. With a variety of schools, shopping centres, and healthcare facilities, Taree caters to families and retirees alike. Its proximity to beautiful beaches and national parks makes it an attractive destination for nature enthusiasts and those seeking a relaxed lifestyle.

Taree property market performance

Current median dwelling price$495,875Past 3 months

Property growth+15.3%Past 12 months

Taree’s property market has flourished over the past 12 months with notable increases in both house and unit values. House prices have risen by 13.2%, bringing the current median to approximately $596,250. Units have seen an even more substantial uplift of 20.3% with a median price now at $355,000, indicating growing demand.

Sales activities have remained positive, with 80 houses and 18 units sold in the past year. Houses typically remain on the market for about 48 days, while units are selling faster at 40 days, suggesting robust interest in the unit market.

The rental market in Taree has shown healthy growth, with house rents increasing by 4.2% and unit rents by 5.6% over the last 12 months, reflecting a strong rental demand across both property types.

HousesUnits
Median price
Past 3 months
$603K$389K
Change in value
Past 12 months
12.4%18.2%
Sold
Past 3 months
7320
Median days on market
Past 12 months
5145
Average rent
Past 12 months
$500$390
Change in rent
Past 12 months
4.2%8.3%

5 year median price trend for houses and units

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Taree demographics

Taree, located in the picturesque Mid North Coast region of New South Wales, is a charming town known for its scenic beauty and relaxed lifestyle. With a population of 16,715, Taree offers a welcoming community atmosphere, making it an attractive place for families, retirees, and those seeking a quieter pace of life. The median age of 45 reflects a mature population, with many residents enjoying the town's natural surroundings and community-focused lifestyle.

The housing landscape in Taree is diverse, with a significant portion of properties owned outright, accounting for 38.2% of the total. This indicates a stable community with long-term residents who have established roots in the area. Additionally, 23.1% of properties are owned with a mortgage, while 38.7% are rented, providing a range of options for both homeowners and renters. The town's affordability, with a median total household income of $968 per week, makes it an appealing choice for those looking to balance cost of living with quality of life.

Family dynamics in Taree are varied, with couple families without children making up 42.8% of the population, followed by couple families with children at 28.6%. One-parent families also represent a significant portion, comprising 26.6% of the community. This diverse family structure contributes to a rich social fabric, supported by local amenities, schools, and community services. Taree's blend of natural beauty, affordability, and community spirit makes it a desirable location for those seeking a fulfilling and balanced lifestyle.

Suburbs near Taree

Some popular suburbs near Taree include:

How does Taree compare to nearby suburbs?

  • Median house prices: Taree’s median house price is 4.8% higher than Wingham’s.
  • House price growth: Over the past 12 months, house prices in Taree have grown 13.2% higher than in Tinonee.
  • Selling speed for houses: Properties in Taree are selling 10.5% faster than in Tinonee.

Choose the right real estate agents in Taree

There are 47 real estate agents in Taree, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 52.0% of all sales in the past year.

Commission rates in Taree typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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