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Taren Point, NSW 2229

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$2,775,000

market range $2.5M-$2.9M

Median Unit

$1,455,000

market range $1.1M-$1.6M

Gross Yield (houses)

2.6%

1yr Growth (houses)

-2.7%

market range -10.0% to +7.5%

Investment snapshot for Taren Point

Taren Point has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Taren Point market and investor summary

In Taren Point, NSW 2229, the median house sells for around $2.8M, on a gross rental yield of 2.6% for houses. House prices have moved -2.7% over the past year. At 2.2% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Taren Point: people, income and schools

About 1,879 people live in Taren Point, and the area has been growing steadily, up about 7% over five years. At a median age of 58, it reads as an older, established demographic, and families account for 67% of households.

The typical household income runs to around $76,000 a year (about $1,460 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). Locally, around 36% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 48 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Taren Point sits about 19 km from the CBD. It is fairly car-dependent; the suburb scores 19 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
1,879
+7% over 5yr
Median age
58 years
Median household income
$76,000/yr
Households renting
9%
Family households
67%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
48
avg ICSEA 1090
Unemployment
3.2%
Distance to CBD
19 km
Walk score
19/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Taren Point

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Frequently asked questions about Taren Point

What should I check before investing in Taren Point?

Taren Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Taren Point?

The median property price in Taren Point, NSW 2229 is $2.8M for houses and $1.5M for units.

What rental yield does Taren Point show?

The gross rental yield in Taren Point is 2.6% for houses and 2.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Taren Point?

House prices in Taren Point are down 2.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Taren Point?

The current vacancy rate in Taren Point is 2.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Taren Point?

Taren Point has a population of approximately 1,879 residents, with a median age of 58.

What schools are near Taren Point?

There are 48 schools within roughly 5km of Taren Point. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Taren Point's population growing?

The population of Taren Point has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Taren Point from the CBD?

Taren Point is about 19 km from the CBD.

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