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Tea Gardens suburb profile

Tea Gardens is a picturesque coastal town located in the Hunter Region of New South Wales, known for its serene environment and natural beauty. Situated on the northern shore of Port Stephens, it offers stunning waterfront views and a relaxed lifestyle. The town is a gateway to the Myall Lakes National Park, providing ample opportunities for outdoor activities such as boating, fishing, and bushwalking. Tea Gardens features a charming village atmosphere with local cafes, shops, and markets, making it a popular destination for tourists and residents seeking a peaceful retreat. Its proximity to Hawks Nest and the pristine beaches further enhances its appeal as a tranquil coastal haven.

Tea Gardens property market performance

Tea Gardens’ property market has remained stable over the past 12 months, with no change in house or unit values. The median house price is $875,000, with houses seeing more sales activity than units, 16 to 4 over the past year. Notably, houses are on the market for an extended period, with a median of 107 days.

The rental market in Tea Gardens has shown a positive change, particularly for houses, which have seen a 9.6% increase in average rent, reaching $630 per month. In contrast, unit rents have remained unchanged over the same period.

HousesUnits
Median price
Past 3 months
$865KN/A
Change in value
Past 12 months
-1.6%N/A
Sold
Past 3 months
172
Median days on market
Past 12 months
107N/A
Average rent
Past 12 months
$600$500
Change in rent
Past 12 months
0.8%N/A

5 year median price trend for houses and units

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Tea Gardens demographics

Tea Gardens, located in the picturesque region of New South Wales, is a serene coastal suburb known for its tranquil lifestyle and natural beauty. With a population of 3,288, it is a tight-knit community that offers a peaceful retreat from the hustle and bustle of city life. The median age of 69 highlights its appeal as a popular destination for retirees seeking a relaxed and leisurely environment. The suburb's charm is further enhanced by its proximity to the Myall River and the stunning beaches of the Mid-North Coast, making it an ideal spot for those who enjoy outdoor activities and a slower pace of life.

The housing landscape in Tea Gardens is predominantly characterized by home ownership, with a significant 66.7% of properties owned outright. This reflects the stability and long-term commitment of its residents, many of whom are retirees who have settled in the area to enjoy their golden years. The suburb has a relatively low rental market, with only 15.5% of properties being rented, indicating a community that values home ownership and the sense of permanence it brings.

Family structures in Tea Gardens are primarily composed of couple families without children, accounting for 79.4% of the population. This demographic trend aligns with the suburb's appeal to older couples and retirees. The small percentage of couple families with children and one-parent families suggests that Tea Gardens is less focused on young families and more on those seeking a tranquil and community-oriented lifestyle. Overall, Tea Gardens offers a peaceful and scenic environment, making it a desirable location for those looking to enjoy a relaxed coastal lifestyle.

Suburbs near Tea Gardens

Some popular suburbs near Tea Gardens include:

  • Hawks Nest: Known for its beautiful beaches and relaxed coastal lifestyle, Hawks Nest is located directly across the Myall River from Tea Gardens.
  • Shoal Bay: Famous for its stunning beaches and holiday atmosphere, Shoal Bay is situated to the south of Tea Gardens across Port Stephens.
  • Nelson Bay: A bustling hub with a vibrant marina and shopping precinct, Nelson Bay lies southwest of Tea Gardens across the water.
  • Pindimar: Known for its tranquil setting and waterfront properties, Pindimar is located to the west of Tea Gardens on the northern shore of Port Stephens.
  • Corlette: Offering a mix of residential and holiday accommodations with scenic views, Corlette is situated to the southwest of Tea Gardens across Port Stephens.

How does Tea Gardens compare to nearby suburbs?

  • Median house prices: Tea Gardens’s median house price is 30.8% lower than Hawks Nest’s.
  • House price growth: Property prices in nearby Hawks Nest have risen 25.8% more than in Tea Gardens over the past year.
  • Selling speed for houses: Properties in nearby Hawks Nest are selling 35.5% faster than in Tea Gardens.

Choose the right real estate agents in Tea Gardens

Choosing the right real estate agent in Tea Gardens can have a big impact on your sale. While there are 12 real estate agents working in the suburb, but just 5 of them were responsible for 82.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.29% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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